CWGIX vs. SVTAX

Last updated Aug 1, 2026

CWGIX (American Funds Capital World Growth and Income Fund Class A) and SVTAX (SEI Institutional Managed Trust Global Managed Volatility Fund) are both Global Equities funds. Over the past 10 years, CWGIX returned 11.49%/yr vs 7.24%/yr for SVTAX. Their correlation of 0.81 means they have usually moved in the same direction. CWGIX charges 0.75%/yr vs 1.11%/yr for SVTAX.

Performance

CWGIX vs. SVTAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Capital World Growth and Income Fund Class A (CWGIX) and SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CWGIX achieves a 13.02% return, which is significantly higher than SVTAX's 7.32% return. Over the past 10 years, CWGIX has outperformed SVTAX with an annualized return of 11.49%, while SVTAX has yielded a comparatively lower 7.24% annualized return.

CWGIX

• 1D: 2.28%
• 1M: -1.06%
• 6M: 7.58%
• YTD: 13.02%
• 1Y: 26.56%
• 3Y*: 18.59%
• 5Y*: 10.72%
• 10Y*: 11.49%
• ALL TIME*: 10.50%

SVTAX

• 1D: -0.44%
• 1M: 3.20%
• 6M: 5.02%
• YTD: 7.32%
• 1Y: 11.57%
• 3Y*: 11.84%
• 5Y*: 7.63%
• 10Y*: 7.24%
• ALL TIME*: 6.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CWGIX American Funds Capital World Growth and Income Fund Class A	$0.00	$0.00	$0.00
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund	$0.00	$0.00	$0.00

CWGIX vs. SVTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CWGIX American Funds Capital World Growth and Income Fund Class A	13.02%	24.68%	13.85%	20.55%	-17.32%	14.74%	15.31%	25.32%	-10.60%	24.55%
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund	7.32%	13.44%	12.77%	7.77%	-7.80%	18.18%	-2.68%	19.81%	-6.47%	17.19%

Correlation

The correlation between CWGIX and SVTAX is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (10Y) Provides a long-term view across more market conditions.	0.76
Correlation (All Time) Calculated using the full available price history since Jul 28, 2006	0.81

Over the past year, the correlation between CWGIX and SVTAX has dropped to 0.32 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

CWGIX vs. SVTAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CWGIX

CWGIX Risk / Return Rank: 72
CWGIX Sharpe Ratio Rank: 71
CWGIX Sortino Ratio Rank: 68
CWGIX Omega Ratio Rank: 69
CWGIX Calmar Ratio Rank: 73
CWGIX Martin Ratio Rank: 80

SVTAX

SVTAX Risk / Return Rank: 53
SVTAX Sharpe Ratio Rank: 60
SVTAX Sortino Ratio Rank: 66
SVTAX Omega Ratio Rank: 59
SVTAX Calmar Ratio Rank: 48
SVTAX Martin Ratio Rank: 34

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CWGIX vs. SVTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Capital World Growth and Income Fund Class A (CWGIX) and SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CWGIX	SVTAX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.46	+0.14
Sortino ratio: Return per unit of downside risk	2.27	2.26	+0.01
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.31	1.81	+0.50
Martin ratio: Return relative to average drawdown	9.38	4.98	+4.41

CWGIX vs. SVTAX - Sharpe Ratio Comparison

The current CWGIX Sharpe Ratio is 1.61, which is comparable to the SVTAX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of CWGIX and SVTAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CWGIX vs. SVTAX - Drawdown Comparison

The maximum CWGIX drawdown since its inception was -54.47%, which is greater than SVTAX's maximum drawdown of -43.81%. Use the drawdown chart below to compare losses from any high point for CWGIX and SVTAX.

Drawdown Indicators

	CWGIX	SVTAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.47%	-43.81%	-10.66%
Max Drawdown (1Y) Largest decline over 1 year	-10.52%	-5.99%	-4.53%
Max Drawdown (3Y) Largest decline over 3 years	-15.56%	-10.37%	-5.19%
Max Drawdown (5Y) Largest decline over 5 years	-27.18%	-16.52%	-10.66%
Max Drawdown (10Y) Largest decline over 10 years	-32.00%	-31.02%	-0.98%
Current Drawdown Current decline from peak	-2.93%	-0.44%	-2.49%
Average Drawdown Average peak-to-trough decline	-7.11%	-8.01%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	2.17%	+0.41%

Volatility

CWGIX vs. SVTAX - Volatility Comparison

American Funds Capital World Growth and Income Fund Class A (CWGIX) has a higher volatility of 4.36% compared to SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX) at 2.81%. This indicates that CWGIX's price experiences larger fluctuations and is considered to be riskier than SVTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWGIX	SVTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	2.81%	+1.55%
Volatility (6M) Calculated over the trailing 6-month period	12.71%	5.73%	+6.98%
Volatility (1Y) Calculated over the trailing 1-year period	15.11%	7.42%	+7.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.46%	10.64%	+4.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.02%	12.24%	+3.78%

CWGIX vs. SVTAX - Expense Ratio Comparison

CWGIX has a 0.75% expense ratio, which is lower than SVTAX's 1.11% expense ratio.

Dividends

CWGIX vs. SVTAX - Dividend Comparison

CWGIX's dividend yield for the trailing twelve months is around 9.39%, more than SVTAX's 8.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWGIX American Funds Capital World Growth and Income Fund Class A	9.39%	10.54%	7.88%	3.20%	2.09%	6.82%	1.23%	2.44%	7.00%	6.63%	4.96%	3.78%
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund	8.17%	8.77%	8.68%	5.76%	10.62%	11.81%	1.00%	5.39%	10.70%	7.90%	5.97%	6.45%

Frequently Asked Questions

Can I hold both CWGIX and SVTAX in my portfolio?

CWGIX and SVTAX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CWGIX or SVTAX?

CWGIX has higher volatility (4.36%) compared to SVTAX (2.81%). In terms of maximum drawdown, CWGIX dropped -54.47% vs SVTAX's -43.81%.

Which has better risk-adjusted returns?

CWGIX currently has the higher Sharpe Ratio (1.61 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.