GLLSX vs. RNWGX
Compare and contrast key facts about abrdn Emerging Markets ex-China Fund (GLLSX) and American Funds New World Fund® Class R-6 (RNWGX).
GLLSX is managed by Aberdeen. It was launched on Aug 29, 2000. RNWGX is managed by American Funds. It was launched on Aug 1, 2008.
Performance
GLLSX vs. RNWGX - Performance Comparison
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GLLSX vs. RNWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLLSX abrdn Emerging Markets ex-China Fund | 8.83% | 34.81% | 0.73% | 21.35% | -23.04% | 36.50% | 15.93% | 23.64% | -11.50% | 23.06% |
RNWGX American Funds New World Fund® Class R-6 | -1.47% | 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, GLLSX achieves a 8.83% return, which is significantly higher than RNWGX's -1.47% return. Over the past 10 years, GLLSX has outperformed RNWGX with an annualized return of 11.92%, while RNWGX has yielded a comparatively lower 9.76% annualized return.
GLLSX
- 1D
- 3.18%
- 1M
- -10.26%
- YTD
- 8.83%
- 6M
- 18.55%
- 1Y
- 52.10%
- 3Y*
- 18.93%
- 5Y*
- 12.59%
- 10Y*
- 11.92%
RNWGX
- 1D
- 2.62%
- 1M
- -8.56%
- YTD
- -1.47%
- 6M
- 2.11%
- 1Y
- 24.01%
- 3Y*
- 13.88%
- 5Y*
- 4.79%
- 10Y*
- 9.76%
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GLLSX vs. RNWGX - Expense Ratio Comparison
GLLSX has a 1.23% expense ratio, which is higher than RNWGX's 0.57% expense ratio.
Return for Risk
GLLSX vs. RNWGX — Risk / Return Rank
GLLSX
RNWGX
GLLSX vs. RNWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets ex-China Fund (GLLSX) 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.
| GLLSX | RNWGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.70 | 1.59 | +1.12 |
Sortino ratioReturn per unit of downside risk | 3.29 | 2.19 | +1.10 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.32 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 3.64 | 1.83 | +1.80 |
Martin ratioReturn relative to average drawdown | 15.21 | 7.62 | +7.58 |
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
| GLLSX | RNWGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 1.59 | +1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.32 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.61 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.46 | +0.10 |
Correlation
The correlation between GLLSX and RNWGX is 0.88, 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
GLLSX vs. RNWGX - Dividend Comparison
GLLSX's dividend yield for the trailing twelve months is around 1.72%, less than RNWGX's 6.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLLSX abrdn Emerging Markets ex-China Fund | 1.72% | 1.88% | 0.74% | 0.77% | 29.32% | 22.85% | 0.00% | 3.38% | 9.47% | 8.40% | 1.09% | 0.94% |
RNWGX American Funds New World Fund® Class R-6 | 6.18% | 6.09% | 4.11% | 2.88% | 1.33% | 7.32% | 0.44% | 4.05% | 2.71% | 2.26% | 1.37% | 1.04% |
Drawdowns
GLLSX vs. RNWGX - Drawdown Comparison
The maximum GLLSX drawdown since its inception was -32.59%, roughly equal to the maximum RNWGX drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for GLLSX and RNWGX.
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Drawdown Indicators
| GLLSX | RNWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.59% | -33.40% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -14.39% | -13.00% | -1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -30.02% | -33.40% | +3.38% |
Max Drawdown (10Y)Largest decline over 10 years | -32.59% | -33.40% | +0.81% |
Current DrawdownCurrent decline from peak | -11.66% | -10.73% | -0.93% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -8.12% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 3.13% | +0.31% |
Volatility
GLLSX vs. RNWGX - Volatility Comparison
abrdn Emerging Markets ex-China Fund (GLLSX) has a higher volatility of 11.43% compared to American Funds New World Fund® Class R-6 (RNWGX) at 7.09%. This indicates that GLLSX's price experiences larger fluctuations and is considered to be riskier 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
| GLLSX | RNWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.43% | 7.09% | +4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 15.86% | 11.01% | +4.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.71% | 15.63% | +4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 15.17% | +2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.37% | 15.98% | +1.39% |