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ACWDX vs. FNWFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ACWDXFNWFX
YTD Return8.19%8.37%
1Y Return14.08%9.90%
3Y Return (Ann)3.12%-1.43%
5Y Return (Ann)10.34%6.75%
Sharpe Ratio0.950.89
Daily Std Dev15.79%11.31%
Max Drawdown-38.86%-33.40%
Current Drawdown-3.27%-7.14%

Correlation

-0.50.00.51.00.7

The correlation between ACWDX and FNWFX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

ACWDX vs. FNWFX - Performance Comparison

The year-to-date returns for both investments are quite close, with ACWDX having a 8.19% return and FNWFX slightly higher at 8.37%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


60.00%70.00%80.00%90.00%100.00%110.00%120.00%FebruaryMarchAprilMayJuneJuly
119.43%
83.71%
ACWDX
FNWFX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AMG GW&K Small/Mid Cap Growth Fund

American Funds New World Fund Class F-3

ACWDX vs. FNWFX - Expense Ratio Comparison

ACWDX has a 1.00% expense ratio, which is higher than FNWFX's 0.57% expense ratio.


ACWDX
AMG GW&K Small/Mid Cap Growth Fund
Expense ratio chart for ACWDX: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%
Expense ratio chart for FNWFX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%

Risk-Adjusted Performance

ACWDX vs. FNWFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AMG GW&K Small/Mid Cap Growth Fund (ACWDX) and American Funds New World Fund Class F-3 (FNWFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


ACWDX
Sharpe ratio
The chart of Sharpe ratio for ACWDX, currently valued at 0.95, compared to the broader market-1.000.001.002.003.004.005.000.95
Sortino ratio
The chart of Sortino ratio for ACWDX, currently valued at 1.40, compared to the broader market0.005.0010.001.40
Omega ratio
The chart of Omega ratio for ACWDX, currently valued at 1.17, compared to the broader market1.002.003.004.001.17
Calmar ratio
The chart of Calmar ratio for ACWDX, currently valued at 0.57, compared to the broader market0.005.0010.0015.0020.000.57
Martin ratio
The chart of Martin ratio for ACWDX, currently valued at 3.10, compared to the broader market0.0020.0040.0060.0080.00100.003.10
FNWFX
Sharpe ratio
The chart of Sharpe ratio for FNWFX, currently valued at 0.89, compared to the broader market-1.000.001.002.003.004.005.000.89
Sortino ratio
The chart of Sortino ratio for FNWFX, currently valued at 1.40, compared to the broader market0.005.0010.001.40
Omega ratio
The chart of Omega ratio for FNWFX, currently valued at 1.17, compared to the broader market1.002.003.004.001.17
Calmar ratio
The chart of Calmar ratio for FNWFX, currently valued at 0.41, compared to the broader market0.005.0010.0015.0020.000.41
Martin ratio
The chart of Martin ratio for FNWFX, currently valued at 2.39, compared to the broader market0.0020.0040.0060.0080.00100.002.39

ACWDX vs. FNWFX - Sharpe Ratio Comparison

The current ACWDX Sharpe Ratio is 0.95, which roughly equals the FNWFX Sharpe Ratio of 0.89. The chart below compares the 12-month rolling Sharpe Ratio of ACWDX and FNWFX.


Rolling 12-month Sharpe Ratio0.501.001.50FebruaryMarchAprilMayJuneJuly
0.95
0.89
ACWDX
FNWFX

Dividends

ACWDX vs. FNWFX - Dividend Comparison

ACWDX has not paid dividends to shareholders, while FNWFX's dividend yield for the trailing twelve months is around 2.65%.


TTM20232022202120202019201820172016201520142013
ACWDX
AMG GW&K Small/Mid Cap Growth Fund
0.00%0.00%2.05%58.27%4.00%0.00%0.00%0.00%0.00%0.02%3.72%14.70%
FNWFX
American Funds New World Fund Class F-3
2.65%2.88%1.33%7.32%0.43%4.04%2.70%2.27%0.00%0.00%0.00%0.00%

Drawdowns

ACWDX vs. FNWFX - Drawdown Comparison

The maximum ACWDX drawdown since its inception was -38.86%, which is greater than FNWFX's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ACWDX and FNWFX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJuly
-3.27%
-7.14%
ACWDX
FNWFX

Volatility

ACWDX vs. FNWFX - Volatility Comparison

AMG GW&K Small/Mid Cap Growth Fund (ACWDX) has a higher volatility of 4.52% compared to American Funds New World Fund Class F-3 (FNWFX) at 2.43%. This indicates that ACWDX's price experiences larger fluctuations and is considered to be riskier than FNWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%FebruaryMarchAprilMayJuneJuly
4.52%
2.43%
ACWDX
FNWFX