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NEWFX vs. AWSHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NEWFX vs. AWSHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New World Fund (NEWFX) and American Funds Washington Mutual Investors Fund Class A (AWSHX). The values are adjusted to include any dividend payments, if applicable.

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NEWFX vs. AWSHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NEWFX
American Funds New World Fund
-4.07%28.16%6.45%15.75%-22.08%4.69%24.79%27.51%-12.32%32.56%
AWSHX
American Funds Washington Mutual Investors Fund Class A
-5.27%17.20%19.02%17.21%-8.45%28.44%7.69%24.86%-6.16%20.03%

Returns By Period

In the year-to-date period, NEWFX achieves a -4.07% return, which is significantly higher than AWSHX's -5.27% return. Over the past 10 years, NEWFX has underperformed AWSHX with an annualized return of 9.04%, while AWSHX has yielded a comparatively higher 11.82% annualized return.


NEWFX

1D
-0.63%
1M
-11.97%
YTD
-4.07%
6M
-0.04%
1Y
21.01%
3Y*
12.44%
5Y*
4.18%
10Y*
9.04%

AWSHX

1D
-0.03%
1M
-7.89%
YTD
-5.27%
6M
-3.14%
1Y
10.70%
3Y*
15.28%
5Y*
10.91%
10Y*
11.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NEWFX vs. AWSHX - Expense Ratio Comparison

NEWFX has a 0.96% expense ratio, which is higher than AWSHX's 0.58% expense ratio.


Return for Risk

NEWFX vs. AWSHX — Risk / Return Rank

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

NEWFX
NEWFX Risk / Return Rank: 6969
Overall Rank
NEWFX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
NEWFX Sortino Ratio Rank: 7575
Sortino Ratio Rank
NEWFX Omega Ratio Rank: 7171
Omega Ratio Rank
NEWFX Calmar Ratio Rank: 6161
Calmar Ratio Rank
NEWFX Martin Ratio Rank: 6363
Martin Ratio Rank

AWSHX
AWSHX Risk / Return Rank: 3838
Overall Rank
AWSHX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
AWSHX Sortino Ratio Rank: 3838
Sortino Ratio Rank
AWSHX Omega Ratio Rank: 3939
Omega Ratio Rank
AWSHX Calmar Ratio Rank: 3737
Calmar Ratio Rank
AWSHX Martin Ratio Rank: 4343
Martin Ratio Rank
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.

NEWFX vs. AWSHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and American Funds Washington Mutual Investors Fund Class A (AWSHX). 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.


NEWFXAWSHXDifference

Sharpe ratio

Return per unit of total volatility

1.32

0.76

+0.56

Sortino ratio

Return per unit of downside risk

1.84

1.19

+0.65

Omega ratio

Gain probability vs. loss probability

1.26

1.17

+0.09

Calmar ratio

Return relative to maximum drawdown

1.40

0.96

+0.44

Martin ratio

Return relative to average drawdown

5.98

4.37

+1.61

NEWFX vs. AWSHX - Sharpe Ratio Comparison

The current NEWFX Sharpe Ratio is 1.32, which is higher than the AWSHX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of NEWFX and AWSHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NEWFXAWSHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

0.76

+0.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.78

-0.50

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.73

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.62

-0.13

Correlation

The correlation between NEWFX and AWSHX is 0.71, 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

NEWFX vs. AWSHX - Dividend Comparison

NEWFX's dividend yield for the trailing twelve months is around 5.95%, less than AWSHX's 10.67% yield.


TTM20252024202320222021202020192018201720162015
NEWFX
American Funds New World Fund
5.95%5.71%3.66%2.46%0.89%6.89%0.10%3.65%2.26%1.90%0.92%0.60%
AWSHX
American Funds Washington Mutual Investors Fund Class A
10.67%10.08%10.06%6.14%6.31%6.05%3.06%6.19%4.36%7.26%6.37%6.25%

Drawdowns

NEWFX vs. AWSHX - Drawdown Comparison

The maximum NEWFX drawdown since its inception was -56.71%, which is greater than AWSHX's maximum drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for NEWFX and AWSHX.


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Drawdown Indicators


NEWFXAWSHXDifference

Max Drawdown

Largest peak-to-trough decline

-56.71%

-53.95%

-2.76%

Max Drawdown (1Y)

Largest decline over 1 year

-13.03%

-10.37%

-2.66%

Max Drawdown (5Y)

Largest decline over 5 years

-33.68%

-18.64%

-15.04%

Max Drawdown (10Y)

Largest decline over 10 years

-33.68%

-34.65%

+0.97%

Current Drawdown

Current decline from peak

-13.03%

-8.37%

-4.66%

Average Drawdown

Average peak-to-trough decline

-11.80%

-6.43%

-5.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

2.29%

+0.77%

Volatility

NEWFX vs. AWSHX - Volatility Comparison

American Funds New World Fund (NEWFX) has a higher volatility of 6.38% compared to American Funds Washington Mutual Investors Fund Class A (AWSHX) at 3.58%. This indicates that NEWFX's price experiences larger fluctuations and is considered to be riskier than AWSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NEWFXAWSHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.38%

3.58%

+2.80%

Volatility (6M)

Calculated over the trailing 6-month period

10.73%

7.98%

+2.75%

Volatility (1Y)

Calculated over the trailing 1-year period

15.46%

15.18%

+0.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.12%

14.09%

+1.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.96%

16.31%

-0.35%