ESCIX vs. RNWGX
Compare and contrast key facts about Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) and American Funds New World Fund® Class R-6 (RNWGX).
ESCIX is managed by Ashmore. It was launched on Oct 3, 2011. RNWGX is managed by American Funds. It was launched on Aug 1, 2008.
Performance
ESCIX vs. RNWGX - Performance Comparison
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ESCIX vs. RNWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
RNWGX American Funds New World Fund® Class R-6 | -3.98% | 28.67% | 6.88% | 16.26% | -21.77% | 5.09% | 25.30% | 28.03% | -12.00% | 33.07% |
Returns By Period
In the year-to-date period, ESCIX achieves a 8.91% return, which is significantly higher than RNWGX's -3.98% return. Both investments have delivered pretty close results over the past 10 years, with ESCIX having a 9.84% annualized return and RNWGX not far behind at 9.47%.
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%
RNWGX
- 1D
- -0.63%
- 1M
- -11.95%
- YTD
- -3.98%
- 6M
- 0.15%
- 1Y
- 21.48%
- 3Y*
- 12.90%
- 5Y*
- 4.60%
- 10Y*
- 9.47%
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ESCIX vs. RNWGX - Expense Ratio Comparison
ESCIX has a 1.52% expense ratio, which is higher than RNWGX's 0.57% expense ratio.
Return for Risk
ESCIX vs. RNWGX — Risk / Return Rank
ESCIX
RNWGX
ESCIX vs. RNWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) and American Funds New World Fund® Class R-6 (RNWGX). 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.
| ESCIX | RNWGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.59 | 1.35 | +1.24 |
Sortino ratioReturn per unit of downside risk | 3.42 | 1.88 | +1.54 |
Omega ratioGain probability vs. loss probability | 1.53 | 1.27 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 2.47 | 1.44 | +1.03 |
Martin ratioReturn relative to average drawdown | 14.33 | 6.14 | +8.19 |
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
| ESCIX | RNWGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.59 | 1.35 | +1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.31 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.60 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.45 | -0.06 |
Correlation
The correlation between ESCIX and RNWGX 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
ESCIX vs. RNWGX - Dividend Comparison
ESCIX's dividend yield for the trailing twelve months is around 0.42%, less than RNWGX's 6.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RNWGX American Funds New World Fund® Class R-6 | 6.34% | 6.09% | 4.11% | 2.88% | 1.33% | 7.32% | 0.44% | 4.05% | 2.71% | 2.26% | 1.37% | 1.04% |
Drawdowns
ESCIX vs. RNWGX - Drawdown Comparison
The maximum ESCIX drawdown since its inception was -48.76%, which is greater than RNWGX's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for ESCIX and RNWGX.
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Drawdown Indicators
| ESCIX | RNWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.76% | -33.40% | -15.36% |
Max Drawdown (1Y)Largest decline over 1 year | -12.84% | -13.00% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -36.59% | -33.40% | -3.19% |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | -33.40% | -15.36% |
Current DrawdownCurrent decline from peak | -0.74% | -13.00% | +12.26% |
Average DrawdownAverage peak-to-trough decline | -13.45% | -8.12% | -5.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 3.05% | -0.56% |
Volatility
ESCIX vs. RNWGX - Volatility Comparison
The current volatility for Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) is 0.00%, while American Funds New World Fund® Class R-6 (RNWGX) has a volatility of 6.38%. This indicates that ESCIX experiences smaller price fluctuations and is considered to be less risky than RNWGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESCIX | RNWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 6.38% | -6.38% |
Volatility (6M)Calculated over the trailing 6-month period | 8.91% | 10.73% | -1.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.75% | 15.46% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.86% | 15.13% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.64% | 15.96% | +1.68% |