PGINX vs. RWMGX
Compare and contrast key facts about Impax Global Environmental Markets Fund Institutional Class (PGINX) and American Funds Washington Mutual Investors Fund Class R-6 (RWMGX).
PGINX is managed by Pax World. It was launched on Mar 27, 2008. RWMGX is managed by American Funds.
Performance
PGINX vs. RWMGX - Performance Comparison
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PGINX vs. RWMGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGINX Impax Global Environmental Markets Fund Institutional Class | -0.76% | 14.14% | 5.15% | 16.85% | -22.39% | 22.25% | 26.00% | 28.18% | -14.20% | 26.80% |
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | -3.10% | 17.56% | 19.35% | 17.58% | -8.17% | 28.84% | 8.02% | 25.78% | -5.91% | 20.38% |
Returns By Period
In the year-to-date period, PGINX achieves a -0.76% return, which is significantly higher than RWMGX's -3.10% return. Over the past 10 years, PGINX has underperformed RWMGX with an annualized return of 9.70%, while RWMGX has yielded a comparatively higher 12.45% annualized return.
PGINX
- 1D
- 3.63%
- 1M
- -6.55%
- YTD
- -0.76%
- 6M
- -2.65%
- 1Y
- 14.79%
- 3Y*
- 8.49%
- 5Y*
- 4.39%
- 10Y*
- 9.70%
RWMGX
- 1D
- 2.22%
- 1M
- -5.83%
- YTD
- -3.10%
- 6M
- -1.25%
- 1Y
- 13.30%
- 3Y*
- 16.48%
- 5Y*
- 11.52%
- 10Y*
- 12.45%
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PGINX vs. RWMGX - Expense Ratio Comparison
PGINX has a 0.90% expense ratio, which is higher than RWMGX's 0.27% expense ratio.
Return for Risk
PGINX vs. RWMGX — Risk / Return Rank
PGINX
RWMGX
PGINX vs. RWMGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impax Global Environmental Markets Fund Institutional Class (PGINX) 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.
| PGINX | RWMGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 0.89 | -0.07 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.37 | -0.09 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.38 | -0.09 |
Martin ratioReturn relative to average drawdown | 4.52 | 6.17 | -1.64 |
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
| PGINX | RWMGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.89 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.82 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.76 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.79 | -0.44 |
Correlation
The correlation between PGINX and RWMGX is 0.86, 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
PGINX vs. RWMGX - Dividend Comparison
PGINX's dividend yield for the trailing twelve months is around 23.89%, more than RWMGX's 10.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGINX Impax Global Environmental Markets Fund Institutional Class | 23.89% | 23.71% | 4.79% | 0.74% | 0.65% | 2.10% | 0.60% | 0.86% | 4.26% | 3.44% | 0.75% | 1.13% |
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | 10.74% | 10.36% | 10.36% | 6.42% | 6.63% | 6.33% | 3.35% | 6.91% | 4.67% | 7.52% | 6.66% | 6.55% |
Drawdowns
PGINX vs. RWMGX - Drawdown Comparison
The maximum PGINX drawdown since its inception was -52.48%, which is greater than RWMGX's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for PGINX and RWMGX.
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Drawdown Indicators
| PGINX | RWMGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.48% | -34.64% | -17.84% |
Max Drawdown (1Y)Largest decline over 1 year | -11.74% | -10.36% | -1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -33.54% | -18.46% | -15.08% |
Max Drawdown (10Y)Largest decline over 10 years | -33.54% | -34.64% | +1.10% |
Current DrawdownCurrent decline from peak | -8.28% | -6.32% | -1.96% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -3.14% | -6.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 2.32% | +1.03% |
Volatility
PGINX vs. RWMGX - Volatility Comparison
Impax Global Environmental Markets Fund Institutional Class (PGINX) has a higher volatility of 7.24% compared to American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) at 4.41%. This indicates that PGINX'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.
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Volatility by Period
| PGINX | RWMGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 4.41% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 8.28% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.84% | 15.30% | +3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.10% | 14.13% | +3.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.06% | 16.33% | +1.73% |