FNWFX vs. MCSIX
Compare and contrast key facts about American Funds New World Fund Class F-3 (FNWFX) and MFS Commodity Strategy Fund (MCSIX).
FNWFX is managed by American Funds. It was launched on Jun 17, 1999. MCSIX is managed by MFS. It was launched on Jun 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNWFX or MCSIX.
Key characteristics
| FNWFX | MCSIX | |
|---|---|---|
| YTD Return | 9.29% | 2.29% |
| 1Y Return | 15.93% | -2.44% |
| 3Y Return (Ann) | -1.32% | 3.32% |
| 5Y Return (Ann) | 7.22% | 7.26% |
| Sharpe Ratio | 1.27 | -0.21 |
| Daily Std Dev | 12.21% | 11.39% |
| Max Drawdown | -33.40% | -62.05% |
| Current Drawdown | -6.35% | -26.47% |
Correlation
The correlation between FNWFX and MCSIX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FNWFX vs. MCSIX - Performance Comparison
In the year-to-date period, FNWFX achieves a 9.29% return, which is significantly higher than MCSIX's 2.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNWFX vs. MCSIX - Expense Ratio Comparison
FNWFX has a 0.57% expense ratio, which is lower than MCSIX's 0.90% expense ratio.
Risk-Adjusted Performance
FNWFX vs. MCSIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund Class F-3 (FNWFX) and MFS Commodity Strategy Fund (MCSIX). 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.
Dividends
FNWFX vs. MCSIX - Dividend Comparison
FNWFX's dividend yield for the trailing twelve months is around 2.63%, more than MCSIX's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNWFX American Funds New World Fund Class F-3 | 2.63% | 2.88% | 1.33% | 7.32% | 0.43% | 4.04% | 2.70% | 2.27% | 0.00% | 0.00% | 0.00% | 0.00% |
MCSIX MFS Commodity Strategy Fund | 2.16% | 2.21% | 27.42% | 56.01% | 0.88% | 1.87% | 3.50% | 3.14% | 0.61% | 0.47% | 0.25% | 0.57% |
Drawdowns
FNWFX vs. MCSIX - Drawdown Comparison
The maximum FNWFX drawdown since its inception was -33.40%, smaller than the maximum MCSIX drawdown of -62.05%. Use the drawdown chart below to compare losses from any high point for FNWFX and MCSIX. For additional features, visit the drawdowns tool.
Volatility
FNWFX vs. MCSIX - Volatility Comparison
The current volatility for American Funds New World Fund Class F-3 (FNWFX) is 3.61%, while MFS Commodity Strategy Fund (MCSIX) has a volatility of 3.92%. This indicates that FNWFX experiences smaller price fluctuations and is considered to be less risky than MCSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.