DWGAX vs. ESCIX
Compare and contrast key facts about American Funds Developing World Growth and Income Fund (DWGAX) and Ashmore Emerging Markets Small Cap Equity Fund (ESCIX).
DWGAX is managed by American Funds. It was launched on Feb 2, 2014. ESCIX is managed by Ashmore. It was launched on Oct 3, 2011.
Performance
DWGAX vs. ESCIX - Performance Comparison
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DWGAX vs. ESCIX - 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% |
ESCIX Ashmore Emerging Markets Small Cap Equity Fund | 8.91% | 26.07% | 3.55% | 19.64% | -24.45% | 11.93% | 43.41% | 15.24% | -22.01% | 28.57% |
Returns By Period
In the year-to-date period, DWGAX achieves a -0.72% return, which is significantly lower than ESCIX's 8.91% return. Over the past 10 years, DWGAX has underperformed ESCIX with an annualized return of 6.30%, while ESCIX has yielded a comparatively higher 9.84% 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%
ESCIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 8.91%
- 6M
- 13.79%
- 1Y
- 41.15%
- 3Y*
- 16.77%
- 5Y*
- 5.75%
- 10Y*
- 9.84%
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DWGAX vs. ESCIX - Expense Ratio Comparison
DWGAX has a 1.23% expense ratio, which is lower than ESCIX's 1.52% expense ratio.
Return for Risk
DWGAX vs. ESCIX — Risk / Return Rank
DWGAX
ESCIX
DWGAX vs. ESCIX - 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 Ashmore Emerging Markets Small Cap Equity Fund (ESCIX). 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 | ESCIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 2.59 | -0.95 |
Sortino ratioReturn per unit of downside risk | 2.15 | 3.42 | -1.28 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.53 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 2.47 | -0.59 |
Martin ratioReturn relative to average drawdown | 7.79 | 14.33 | -6.54 |
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 | ESCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 2.59 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.37 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.56 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.39 | -0.13 |
Correlation
The correlation between DWGAX and ESCIX is 0.76, 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. ESCIX - Dividend Comparison
DWGAX's dividend yield for the trailing twelve months is around 2.02%, more than ESCIX's 0.42% 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% |
ESCIX Ashmore Emerging Markets Small Cap Equity Fund | 0.42% | 0.91% | 0.00% | 0.56% | 0.60% | 0.00% | 0.00% | 0.13% | 0.11% | 1.66% | 1.16% | 0.00% |
Drawdowns
DWGAX vs. ESCIX - Drawdown Comparison
The maximum DWGAX drawdown since its inception was -38.71%, smaller than the maximum ESCIX drawdown of -48.76%. Use the drawdown chart below to compare losses from any high point for DWGAX and ESCIX.
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Drawdown Indicators
| DWGAX | ESCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.71% | -48.76% | +10.05% |
Max Drawdown (1Y)Largest decline over 1 year | -13.26% | -12.84% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -38.35% | -36.59% | -1.76% |
Max Drawdown (10Y)Largest decline over 10 years | -38.71% | -48.76% | +10.05% |
Current DrawdownCurrent decline from peak | -13.26% | -0.74% | -12.52% |
Average DrawdownAverage peak-to-trough decline | -14.08% | -13.45% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 2.49% | +0.72% |
Volatility
DWGAX vs. ESCIX - Volatility Comparison
American Funds Developing World Growth and Income Fund (DWGAX) has a higher volatility of 6.86% compared to Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) at 0.00%. This indicates that DWGAX's price experiences larger fluctuations and is considered to be riskier than ESCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DWGAX | ESCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 0.00% | +6.86% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 8.91% | +2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 15.75% | +0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 15.86% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.30% | 17.64% | -1.34% |