RNWGX vs. AIVSX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and American Funds Investment Company of America Class A (AIVSX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. AIVSX is managed by American Funds. It was launched on Jan 1, 1934.
Performance
RNWGX vs. AIVSX - Performance Comparison
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RNWGX vs. AIVSX - 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% |
AIVSX American Funds Investment Company of America Class A | -4.87% | 20.47% | 24.90% | 28.56% | -15.50% | 25.10% | 14.47% | 24.10% | -8.21% | 19.54% |
Returns By Period
In the year-to-date period, RNWGX achieves a -1.47% return, which is significantly higher than AIVSX's -4.87% return. Over the past 10 years, RNWGX has underperformed AIVSX with an annualized return of 9.76%, while AIVSX has yielded a comparatively higher 12.88% 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%
AIVSX
- 1D
- 3.05%
- 1M
- -5.90%
- YTD
- -4.87%
- 6M
- -3.21%
- 1Y
- 17.66%
- 3Y*
- 20.05%
- 5Y*
- 12.46%
- 10Y*
- 12.88%
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RNWGX vs. AIVSX - Expense Ratio Comparison
Both RNWGX and AIVSX have an expense ratio of 0.57%.
Return for Risk
RNWGX vs. AIVSX — Risk / Return Rank
RNWGX
AIVSX
RNWGX vs. AIVSX - 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 Funds Investment Company of America Class A (AIVSX). 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 | AIVSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 1.04 | +0.55 |
Sortino ratioReturn per unit of downside risk | 2.19 | 1.59 | +0.61 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.23 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.72 | +0.11 |
Martin ratioReturn relative to average drawdown | 7.62 | 7.16 | +0.47 |
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 | AIVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.04 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.78 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.78 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.67 | -0.21 |
Correlation
The correlation between RNWGX and AIVSX is 0.82, 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. AIVSX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 6.18%, less than AIVSX's 11.17% 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% |
AIVSX American Funds Investment Company of America Class A | 11.17% | 10.60% | 9.29% | 4.96% | 6.12% | 6.94% | 1.65% | 6.15% | 9.61% | 7.08% | 5.48% | 8.95% |
Drawdowns
RNWGX vs. AIVSX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -33.40%, smaller than the maximum AIVSX drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for RNWGX and AIVSX.
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Drawdown Indicators
| RNWGX | AIVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.40% | -50.90% | +17.50% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -10.76% | -2.24% |
Max Drawdown (5Y)Largest decline over 5 years | -33.40% | -24.31% | -9.09% |
Max Drawdown (10Y)Largest decline over 10 years | -33.40% | -31.09% | -2.31% |
Current DrawdownCurrent decline from peak | -10.73% | -7.34% | -3.39% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -5.93% | -2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.59% | +0.54% |
Volatility
RNWGX vs. AIVSX - Volatility Comparison
American Funds New World Fund® Class R-6 (RNWGX) has a higher volatility of 7.09% compared to American Funds Investment Company of America Class A (AIVSX) at 5.75%. This indicates that RNWGX's price experiences larger fluctuations and is considered to be riskier than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNWGX | AIVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 5.75% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 9.93% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 17.56% | -1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 15.96% | -0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 16.55% | -0.57% |