PGROX vs. ZGFIX

Last updated Aug 1, 2026

PGROX (BNY Mellon Worldwide Growth Fund) and ZGFIX (American Beacon Ninety One Global Franchise Fund) are both Global Equities funds. Over the past 5 years, PGROX returned 6.03%/yr vs 5.56%/yr for ZGFIX. Their correlation of 0.90 means they have usually moved in the same direction. PGROX charges 1.13%/yr vs 0.85%/yr for ZGFIX.

Performance

PGROX vs. ZGFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Worldwide Growth Fund (PGROX) and American Beacon Ninety One Global Franchise Fund (ZGFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PGROX achieves a 3.41% return, which is significantly higher than ZGFIX's 0.98% return.

PGROX

• 1D: 2.22%
• 1M: 0.69%
• 6M: 3.07%
• YTD: 3.41%
• 1Y: 11.84%
• 3Y*: 9.27%
• 5Y*: 6.03%
• 10Y*: 11.85%
• ALL TIME*: 9.23%

ZGFIX

• 1D: -0.20%
• 1M: 1.88%
• 6M: 0.62%
• YTD: 0.98%
• 1Y: 9.58%
• 3Y*: 10.40%
• 5Y*: 5.56%
• 10Y*: —
• ALL TIME*: 9.58%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PGROX BNY Mellon Worldwide Growth Fund	$0.00	$0.00	$0.00
ZGFIX American Beacon Ninety One Global Franchise Fund	$0.00	$0.00	$0.00

PGROX vs. ZGFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PGROX BNY Mellon Worldwide Growth Fund	3.41%	13.46%	7.88%	22.40%	-17.75%	23.85%	24.43%	34.92%	-7.89%
ZGFIX American Beacon Ninety One Global Franchise Fund	0.98%	18.56%	7.83%	19.38%	-18.04%	18.58%	16.72%	28.13%	-4.07%

Correlation

The correlation between PGROX and ZGFIX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (All Time) Calculated using the full available price history since Mar 20, 2018	0.90

The correlation between PGROX and ZGFIX shifts across timeframes, from 0.76 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PGROX vs. ZGFIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PGROX

PGROX Risk / Return Rank: 18
PGROX Sharpe Ratio Rank: 18
PGROX Sortino Ratio Rank: 18
PGROX Omega Ratio Rank: 18
PGROX Calmar Ratio Rank: 16
PGROX Martin Ratio Rank: 21

ZGFIX

ZGFIX Risk / Return Rank: 12
ZGFIX Sharpe Ratio Rank: 14
ZGFIX Sortino Ratio Rank: 13
ZGFIX Omega Ratio Rank: 12
ZGFIX Calmar Ratio Rank: 11
ZGFIX Martin Ratio Rank: 10

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PGROX vs. ZGFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Worldwide Growth Fund (PGROX) and American Beacon Ninety One Global Franchise Fund (ZGFIX). 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.

	PGROX	ZGFIX	Difference
Sharpe ratio: Return per unit of total volatility	0.70	0.56	+0.14
Sortino ratio: Return per unit of downside risk	1.05	0.86	+0.19
Omega ratio: Gain probability vs. loss probability	1.13	1.10	+0.03
Calmar ratio: Return relative to maximum drawdown	0.81	0.52	+0.28
Martin ratio: Return relative to average drawdown	3.04	1.36	+1.68

PGROX vs. ZGFIX - Sharpe Ratio Comparison

The current PGROX Sharpe Ratio is 0.70, which is comparable to the ZGFIX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of PGROX and ZGFIX, 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

PGROX vs. ZGFIX - Drawdown Comparison

The maximum PGROX drawdown since its inception was -47.75%, which is greater than ZGFIX's maximum drawdown of -28.51%. Use the drawdown chart below to compare losses from any high point for PGROX and ZGFIX.

Drawdown Indicators

	PGROX	ZGFIX	Difference
Max Drawdown Largest peak-to-trough decline	-47.75%	-28.51%	-19.24%
Max Drawdown (1Y) Largest decline over 1 year	-11.70%	-13.14%	+1.44%
Max Drawdown (3Y) Largest decline over 3 years	-23.81%	-13.14%	-10.67%
Max Drawdown (5Y) Largest decline over 5 years	-26.99%	-27.19%	+0.20%
Max Drawdown (10Y) Largest decline over 10 years	-30.17%	—	—
Current Drawdown Current decline from peak	-0.91%	-1.42%	+0.51%
Average Drawdown Average peak-to-trough decline	-8.43%	-5.21%	-3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	5.06%	-1.95%

Volatility

PGROX vs. ZGFIX - Volatility Comparison

The current volatility for BNY Mellon Worldwide Growth Fund (PGROX) is 4.13%, while American Beacon Ninety One Global Franchise Fund (ZGFIX) has a volatility of 4.37%. This indicates that PGROX experiences smaller price fluctuations and is considered to be less risky than ZGFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGROX	ZGFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	4.37%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	10.96%	10.17%	+0.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	12.34%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.85%	15.35%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	16.54%	+1.41%

PGROX vs. ZGFIX - Expense Ratio Comparison

PGROX has a 1.13% expense ratio, which is higher than ZGFIX's 0.85% expense ratio.

Dividends

PGROX vs. ZGFIX - Dividend Comparison

PGROX's dividend yield for the trailing twelve months is around 17.16%, more than ZGFIX's 7.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PGROX BNY Mellon Worldwide Growth Fund	17.16%	17.72%	11.89%	1.88%	7.61%	8.12%	4.05%	7.44%	13.96%	13.45%	8.19%	8.46%
ZGFIX American Beacon Ninety One Global Franchise Fund	7.92%	8.00%	0.23%	0.33%	0.37%	0.13%	0.38%	0.89%	0.81%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PGROX and ZGFIX in my portfolio?

PGROX and ZGFIX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PGROX or ZGFIX?

ZGFIX has higher volatility (4.37%) compared to PGROX (4.13%). In terms of maximum drawdown, PGROX dropped -47.75% vs ZGFIX's -28.51%.

Which has better risk-adjusted returns?

PGROX currently has the higher Sharpe Ratio (0.70 vs 0.56), 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.