CWGIX vs. FPADX
Compare and contrast key facts about American Funds Capital World Growth and Income Fund Class A (CWGIX) and Fidelity Emerging Markets Index Fund (FPADX).
CWGIX is managed by American Funds. It was launched on Mar 26, 1993. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWGIX or FPADX.
Key characteristics
| CWGIX | FPADX | |
|---|---|---|
| YTD Return | 13.69% | 12.04% |
| 1Y Return | 24.97% | 18.42% |
| 3Y Return (Ann) | 4.48% | -1.42% |
| 5Y Return (Ann) | 9.51% | 3.13% |
| 10Y Return (Ann) | 8.07% | 3.51% |
| Sharpe Ratio | 2.25 | 1.60 |
| Sortino Ratio | 3.09 | 2.28 |
| Omega Ratio | 1.42 | 1.29 |
| Calmar Ratio | 2.60 | 0.75 |
| Martin Ratio | 14.14 | 8.27 |
| Ulcer Index | 1.85% | 2.68% |
| Daily Std Dev | 11.58% | 13.80% |
| Max Drawdown | -53.59% | -39.16% |
| Current Drawdown | -2.99% | -15.13% |
Correlation
The correlation between CWGIX and FPADX is 0.78, 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
CWGIX vs. FPADX - Performance Comparison
In the year-to-date period, CWGIX achieves a 13.69% return, which is significantly higher than FPADX's 12.04% return. Over the past 10 years, CWGIX has outperformed FPADX with an annualized return of 8.07%, while FPADX has yielded a comparatively lower 3.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CWGIX vs. FPADX - Expense Ratio Comparison
CWGIX has a 0.75% expense ratio, which is higher than FPADX's 0.08% expense ratio.
Risk-Adjusted Performance
CWGIX vs. FPADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Capital World Growth and Income Fund Class A (CWGIX) and Fidelity Emerging Markets Index Fund (FPADX). 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.
Dividends
CWGIX vs. FPADX - Dividend Comparison
CWGIX's dividend yield for the trailing twelve months is around 3.04%, more than FPADX's 2.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWGIX American Funds Capital World Growth and Income Fund Class A | 3.04% | 3.42% | 2.09% | 6.82% | 1.23% | 2.44% | 7.38% | 6.70% | 5.23% | 4.02% | 2.24% | 2.19% |
FPADX Fidelity Emerging Markets Index Fund | 2.39% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.76% | 1.69% | 2.47% | 2.03% | 2.15% |
Drawdowns
CWGIX vs. FPADX - Drawdown Comparison
The maximum CWGIX drawdown since its inception was -53.59%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for CWGIX and FPADX. For additional features, visit the drawdowns tool.
Volatility
CWGIX vs. FPADX - Volatility Comparison
The current volatility for American Funds Capital World Growth and Income Fund Class A (CWGIX) is 2.64%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 3.81%. This indicates that CWGIX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.