DWGAX vs. IGAAX
Compare and contrast key facts about American Funds Developing World Growth and Income Fund (DWGAX) and American Funds International Growth and Income Fund Class A (IGAAX).
DWGAX is managed by American Funds. It was launched on Feb 2, 2014. IGAAX is managed by American Funds. It was launched on Oct 1, 2008.
Performance
DWGAX vs. IGAAX - Performance Comparison
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DWGAX vs. IGAAX - 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% |
IGAAX American Funds International Growth and Income Fund Class A | -0.77% | 35.09% | 3.28% | 15.25% | -15.47% | 9.80% | 7.78% | 27.11% | -14.38% | 26.08% |
Returns By Period
In the year-to-date period, DWGAX achieves a -0.72% return, which is significantly higher than IGAAX's -0.77% return. Over the past 10 years, DWGAX has underperformed IGAAX with an annualized return of 6.30%, while IGAAX has yielded a comparatively higher 8.52% 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%
IGAAX
- 1D
- -0.02%
- 1M
- -10.90%
- YTD
- -0.77%
- 6M
- 4.93%
- 1Y
- 24.81%
- 3Y*
- 14.07%
- 5Y*
- 7.18%
- 10Y*
- 8.52%
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DWGAX vs. IGAAX - Expense Ratio Comparison
DWGAX has a 1.23% expense ratio, which is higher than IGAAX's 0.91% expense ratio.
Return for Risk
DWGAX vs. IGAAX — Risk / Return Rank
DWGAX
IGAAX
DWGAX vs. IGAAX - 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 International Growth and Income Fund Class A (IGAAX). 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 | IGAAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 1.66 | -0.02 |
Sortino ratioReturn per unit of downside risk | 2.15 | 2.12 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.33 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 2.06 | -0.18 |
Martin ratioReturn relative to average drawdown | 7.79 | 8.18 | -0.39 |
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 | IGAAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.66 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.50 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.54 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.43 | -0.17 |
Correlation
The correlation between DWGAX and IGAAX is 0.84, 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. IGAAX - Dividend Comparison
DWGAX's dividend yield for the trailing twelve months is around 2.02%, less than IGAAX's 8.31% 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% |
IGAAX American Funds International Growth and Income Fund Class A | 8.31% | 8.14% | 3.37% | 2.29% | 4.00% | 6.91% | 1.37% | 2.40% | 2.81% | 1.85% | 2.35% | 3.25% |
Drawdowns
DWGAX vs. IGAAX - Drawdown Comparison
The maximum DWGAX drawdown since its inception was -38.71%, which is greater than IGAAX's maximum drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for DWGAX and IGAAX.
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Drawdown Indicators
| DWGAX | IGAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.71% | -35.79% | -2.92% |
Max Drawdown (1Y)Largest decline over 1 year | -13.26% | -10.92% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -38.35% | -30.57% | -7.78% |
Max Drawdown (10Y)Largest decline over 10 years | -38.71% | -35.79% | -2.92% |
Current DrawdownCurrent decline from peak | -13.26% | -10.92% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -14.08% | -7.96% | -6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 2.75% | +0.46% |
Volatility
DWGAX vs. IGAAX - Volatility Comparison
American Funds Developing World Growth and Income Fund (DWGAX) has a higher volatility of 6.86% compared to American Funds International Growth and Income Fund Class A (IGAAX) at 5.76%. This indicates that DWGAX's price experiences larger fluctuations and is considered to be riskier than IGAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DWGAX | IGAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 5.76% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 9.41% | +2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 14.41% | +1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 14.40% | +1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.30% | 15.81% | +0.49% |