RNWGX vs. AAIEX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and American Beacon International Equity Fund (AAIEX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. AAIEX is managed by American Beacon. It was launched on Aug 6, 1991.
Performance
RNWGX vs. AAIEX - Performance Comparison
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RNWGX vs. AAIEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 33.07% |
AAIEX American Beacon International Equity Fund | -1.82% | 37.12% | 2.16% | 22.54% | -10.87% | 9.74% | 1.06% | 19.44% | -16.42% | 24.83% |
Returns By Period
In the year-to-date period, RNWGX achieves a -1.47% return, which is significantly higher than AAIEX's -1.82% return. Over the past 10 years, RNWGX has outperformed AAIEX with an annualized return of 9.76%, while AAIEX has yielded a comparatively lower 8.08% annualized return.
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%
AAIEX
- 1D
- 1.94%
- 1M
- -8.66%
- YTD
- -1.82%
- 6M
- 3.52%
- 1Y
- 22.50%
- 3Y*
- 14.52%
- 5Y*
- 8.88%
- 10Y*
- 8.08%
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RNWGX vs. AAIEX - Expense Ratio Comparison
RNWGX has a 0.57% expense ratio, which is lower than AAIEX's 0.72% expense ratio.
Return for Risk
RNWGX vs. AAIEX — Risk / Return Rank
RNWGX
AAIEX
RNWGX vs. AAIEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund® Class R-6 (RNWGX) and American Beacon International Equity Fund (AAIEX). 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.
| RNWGX | AAIEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 1.42 | +0.16 |
Sortino ratioReturn per unit of downside risk | 2.19 | 1.86 | +0.33 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.28 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.54 | +0.30 |
Martin ratioReturn relative to average drawdown | 7.62 | 5.85 | +1.77 |
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
| RNWGX | AAIEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.42 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.42 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.40 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.34 | +0.12 |
Correlation
The correlation between RNWGX and AAIEX is 0.83, 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
RNWGX vs. AAIEX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 6.18%, less than AAIEX's 12.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AAIEX American Beacon International Equity Fund | 12.88% | 12.65% | 24.49% | 5.36% | 2.76% | 10.99% | 1.63% | 2.93% | 9.71% | 3.15% | 2.51% | 2.45% |
Drawdowns
RNWGX vs. AAIEX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -33.40%, smaller than the maximum AAIEX drawdown of -59.31%. Use the drawdown chart below to compare losses from any high point for RNWGX and AAIEX.
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Drawdown Indicators
| RNWGX | AAIEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.40% | -59.31% | +25.91% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -13.67% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -33.40% | -29.21% | -4.19% |
Max Drawdown (10Y)Largest decline over 10 years | -33.40% | -43.34% | +9.94% |
Current DrawdownCurrent decline from peak | -10.73% | -11.07% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -11.29% | +3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 3.59% | -0.46% |
Volatility
RNWGX vs. AAIEX - Volatility Comparison
American Funds New World Fund® Class R-6 (RNWGX) and American Beacon International Equity Fund (AAIEX) have volatilities of 7.09% and 6.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNWGX | AAIEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 6.77% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 10.46% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 16.50% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 21.25% | -6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 20.23% | -4.25% |