JDVI vs. RWMGX

Last updated Jun 24, 2026

JDVI (John Hancock Disciplined Value International Select ETF) and RWMGX (American Funds Washington Mutual Investors Fund Class R-6) are both funds - JDVI is a Foreign Large Cap Equities fund actively managed by John Hancock, while RWMGX is a Large Cap Blend Equities fund managed by American Funds. Over the past year, JDVI returned 25.52% vs 16.74% for RWMGX. A 0.68 correlation means they provide meaningful diversification when combined. JDVI charges 0.69%/yr vs 0.27%/yr for RWMGX.

Performance

JDVI vs. RWMGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Disciplined Value International Select ETF (JDVI) and American Funds Washington Mutual Investors Fund Class R-6 (RWMGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDVI achieves a 8.42% return, which is significantly higher than RWMGX's 5.61% return.

JDVI

• 1D: -2.19%
• 1M: -1.91%
• YTD: 8.42%
• 6M: 8.48%
• 1Y: 25.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RWMGX

• 1D: -0.45%
• 1M: 0.26%
• YTD: 5.61%
• 6M: 4.87%
• 1Y: 16.74%
• 3Y*: 18.23%
• 5Y*: 12.50%
• 10Y*: 13.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JDVI vs. RWMGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JDVI John Hancock Disciplined Value International Select ETF	8.42%	42.97%	0.68%	0.84%
RWMGX American Funds Washington Mutual Investors Fund Class R-6	5.61%	17.56%	19.35%	0.18%

Correlation

The correlation between JDVI and RWMGX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023	0.68

The correlation between JDVI and RWMGX has been stable across timeframes, ranging from 0.68 to 0.70 - a consistent structural relationship.

Return for Risk

JDVI vs. RWMGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JDVI

JDVI Risk / Return Rank: 46
JDVI Sharpe Ratio Rank: 46
JDVI Sortino Ratio Rank: 45
JDVI Omega Ratio Rank: 46
JDVI Calmar Ratio Rank: 45
JDVI Martin Ratio Rank: 49

RWMGX

RWMGX Risk / Return Rank: 39
RWMGX Sharpe Ratio Rank: 39
RWMGX Sortino Ratio Rank: 38
RWMGX Omega Ratio Rank: 38
RWMGX Calmar Ratio Rank: 35
RWMGX Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JDVI vs. RWMGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Disciplined Value International Select ETF (JDVI) and American Funds Washington Mutual Investors Fund Class R-6 (RWMGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JDVI	RWMGX	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.68	-0.18
Sortino ratio: Return per unit of downside risk	2.08	2.40	-0.32
Omega ratio: Gain probability vs. loss probability	1.27	1.30	-0.03
Calmar ratio: Return relative to maximum drawdown	2.05	2.12	-0.07
Martin ratio: Return relative to average drawdown	7.62	9.15	-1.53

JDVI vs. RWMGX - Sharpe Ratio Comparison

The current JDVI Sharpe Ratio is 1.50, which is comparable to the RWMGX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of JDVI and RWMGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JDVI vs. RWMGX - Drawdown Comparison

The maximum JDVI drawdown since its inception was -14.97%, smaller than the maximum RWMGX drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for JDVI and RWMGX.

Drawdown Indicators

	JDVI	RWMGX	Difference
Max Drawdown Largest peak-to-trough decline	-14.97%	-34.64%	+19.67%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-8.35%	-4.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.64%	—
Current Drawdown Current decline from peak	-4.20%	-1.01%	-3.19%
Average Drawdown Average peak-to-trough decline	-2.79%	-3.11%	+0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	1.93%	+1.43%

Volatility

JDVI vs. RWMGX - Volatility Comparison

John Hancock Disciplined Value International Select ETF (JDVI) has a higher volatility of 6.07% compared to American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) at 2.89%. This indicates that JDVI's price experiences larger fluctuations and is considered to be riskier than RWMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDVI	RWMGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	2.89%	+3.18%
Volatility (6M) Calculated over the trailing 6-month period	14.84%	8.04%	+6.80%
Volatility (1Y) Calculated over the trailing 1-year period	17.11%	10.55%	+6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.63%	14.11%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.63%	16.34%	+0.29%

JDVI vs. RWMGX - Expense Ratio Comparison

JDVI has a 0.69% expense ratio, which is higher than RWMGX's 0.27% expense ratio.

Dividends

JDVI vs. RWMGX - Dividend Comparison

JDVI's dividend yield for the trailing twelve months is around 2.24%, less than RWMGX's 10.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JDVI John Hancock Disciplined Value International Select ETF	2.24%	2.43%	1.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RWMGX American Funds Washington Mutual Investors Fund Class R-6	10.10%	10.36%	10.36%	6.42%	6.63%	6.33%	3.35%	6.91%	4.67%	7.52%	6.66%	6.55%

Frequently Asked Questions

Can I hold both JDVI and RWMGX in my portfolio?

JDVI and RWMGX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDVI or RWMGX?

JDVI has higher volatility (6.07%) compared to RWMGX (2.89%). In terms of maximum drawdown, JDVI dropped -14.97% vs RWMGX's -34.64%.

Which has better risk-adjusted returns?

RWMGX currently has the higher Sharpe Ratio (1.68 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.