DWGAX vs. ANCFX
Compare and contrast key facts about American Funds Developing World Growth and Income Fund (DWGAX) and American Funds Fundamental Investors Class A (ANCFX).
DWGAX is managed by American Funds. It was launched on Feb 2, 2014. ANCFX is managed by American Funds. It was launched on Jan 8, 1978.
Performance
DWGAX vs. ANCFX - Performance Comparison
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DWGAX vs. ANCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DWGAX American Funds Developing World Growth and Income Fund | -0.72% | 34.25% | 3.57% | 11.28% | -23.47% | 0.50% | 12.07% | 23.50% | -14.90% | 27.69% |
ANCFX American Funds Fundamental Investors Class A | -6.13% | 24.21% | 22.73% | 25.86% | -16.66% | 22.43% | 14.92% | 27.07% | -8.13% | 22.80% |
Returns By Period
In the year-to-date period, DWGAX achieves a -0.72% return, which is significantly higher than ANCFX's -6.13% return. Over the past 10 years, DWGAX has underperformed ANCFX with an annualized return of 6.30%, while ANCFX has yielded a comparatively higher 12.92% annualized return.
DWGAX
- 1D
- -0.65%
- 1M
- -12.21%
- YTD
- -0.72%
- 6M
- 2.63%
- 1Y
- 27.24%
- 3Y*
- 13.97%
- 5Y*
- 2.73%
- 10Y*
- 6.30%
ANCFX
- 1D
- -0.62%
- 1M
- -9.88%
- YTD
- -6.13%
- 6M
- -2.09%
- 1Y
- 20.46%
- 3Y*
- 19.35%
- 5Y*
- 11.57%
- 10Y*
- 12.92%
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DWGAX vs. ANCFX - Expense Ratio Comparison
DWGAX has a 1.23% expense ratio, which is higher than ANCFX's 0.59% expense ratio.
Return for Risk
DWGAX vs. ANCFX — Risk / Return Rank
DWGAX
ANCFX
DWGAX vs. ANCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Developing World Growth and Income Fund (DWGAX) and American Funds Fundamental Investors Class A (ANCFX). 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.
| DWGAX | ANCFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 1.16 | +0.48 |
Sortino ratioReturn per unit of downside risk | 2.15 | 1.75 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.61 | +0.28 |
Martin ratioReturn relative to average drawdown | 7.79 | 7.19 | +0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DWGAX | ANCFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.16 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.70 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.73 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.61 | -0.36 |
Correlation
The correlation between DWGAX and ANCFX is 0.71, 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.
Dividends
DWGAX vs. ANCFX - Dividend Comparison
DWGAX's dividend yield for the trailing twelve months is around 2.02%, less than ANCFX's 9.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWGAX American Funds Developing World Growth and Income Fund | 2.02% | 1.87% | 1.12% | 1.63% | 1.09% | 1.01% | 1.46% | 1.81% | 2.28% | 2.02% | 2.01% | 2.05% |
ANCFX American Funds Fundamental Investors Class A | 9.11% | 8.54% | 8.90% | 5.80% | 4.98% | 10.97% | 2.61% | 6.91% | 9.31% | 7.28% | 4.71% | 6.08% |
Drawdowns
DWGAX vs. ANCFX - Drawdown Comparison
The maximum DWGAX drawdown since its inception was -38.71%, smaller than the maximum ANCFX drawdown of -53.29%. Use the drawdown chart below to compare losses from any high point for DWGAX and ANCFX.
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Drawdown Indicators
| DWGAX | ANCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.71% | -53.29% | +14.58% |
Max Drawdown (1Y)Largest decline over 1 year | -13.26% | -11.35% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -38.35% | -25.07% | -13.28% |
Max Drawdown (10Y)Largest decline over 10 years | -38.71% | -33.93% | -4.78% |
Current DrawdownCurrent decline from peak | -13.26% | -10.66% | -2.60% |
Average DrawdownAverage peak-to-trough decline | -14.08% | -7.34% | -6.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 2.54% | +0.67% |
Volatility
DWGAX vs. ANCFX - Volatility Comparison
American Funds Developing World Growth and Income Fund (DWGAX) has a higher volatility of 6.86% compared to American Funds Fundamental Investors Class A (ANCFX) at 4.98%. This indicates that DWGAX's price experiences larger fluctuations and is considered to be riskier than ANCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DWGAX | ANCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 4.98% | +1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 10.64% | +0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 17.94% | -1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 16.67% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.30% | 17.65% | -1.35% |