MDIZX vs. RNWGX
Compare and contrast key facts about MFS International Diversification Fund R6 (MDIZX) and American Funds New World Fund® Class R-6 (RNWGX).
MDIZX is a passively managed fund by MFS that tracks the performance of the MSCI All Country World (ex-US) Index (net div). It was launched on Oct 2, 2017. RNWGX is managed by American Funds. It was launched on Aug 1, 2008.
Performance
MDIZX vs. RNWGX - Performance Comparison
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MDIZX vs. RNWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDIZX MFS International Diversification Fund R6 | -0.18% | 27.99% | 6.52% | 14.48% | -17.04% | 7.79% | 15.45% | 26.09% | -10.93% | 3.71% |
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% | 3.48% |
Returns By Period
In the year-to-date period, MDIZX achieves a -0.18% return, which is significantly higher than RNWGX's -1.47% return.
MDIZX
- 1D
- 2.59%
- 1M
- -7.35%
- YTD
- -0.18%
- 6M
- 3.01%
- 1Y
- 20.14%
- 3Y*
- 13.13%
- 5Y*
- 6.22%
- 10Y*
- —
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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MDIZX vs. RNWGX - Expense Ratio Comparison
MDIZX has a 0.73% expense ratio, which is higher than RNWGX's 0.57% expense ratio.
Return for Risk
MDIZX vs. RNWGX — Risk / Return Rank
MDIZX
RNWGX
MDIZX vs. RNWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund R6 (MDIZX) 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.
| MDIZX | RNWGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.49 | 1.59 | -0.10 |
Sortino ratioReturn per unit of downside risk | 1.97 | 2.19 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.83 | -0.11 |
Martin ratioReturn relative to average drawdown | 6.75 | 7.62 | -0.87 |
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
| MDIZX | RNWGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 1.59 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.32 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.46 | +0.05 |
Correlation
The correlation between MDIZX and RNWGX is 0.90, 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
MDIZX vs. RNWGX - Dividend Comparison
MDIZX's dividend yield for the trailing twelve months is around 5.27%, less than RNWGX's 6.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDIZX MFS International Diversification Fund R6 | 5.27% | 5.26% | 3.61% | 4.24% | 2.76% | 2.79% | 1.72% | 2.57% | 3.23% | 1.66% | 0.00% | 0.00% |
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
MDIZX vs. RNWGX - Drawdown Comparison
The maximum MDIZX drawdown since its inception was -30.09%, smaller than the maximum RNWGX drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for MDIZX and RNWGX.
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Drawdown Indicators
| MDIZX | RNWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.09% | -33.40% | +3.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.36% | -13.00% | +1.64% |
Max Drawdown (5Y)Largest decline over 5 years | -30.09% | -33.40% | +3.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.40% | — |
Current DrawdownCurrent decline from peak | -8.99% | -10.73% | +1.74% |
Average DrawdownAverage peak-to-trough decline | -6.78% | -8.12% | +1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 3.13% | -0.23% |
Volatility
MDIZX vs. RNWGX - Volatility Comparison
The current volatility for MFS International Diversification Fund R6 (MDIZX) is 6.28%, while American Funds New World Fund® Class R-6 (RNWGX) has a volatility of 7.09%. This indicates that MDIZX 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
| MDIZX | RNWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.28% | 7.09% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 9.37% | 11.01% | -1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.97% | 15.63% | -1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.09% | 15.17% | -1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.20% | 15.98% | -0.78% |