RNWGX vs. AWSHX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and American Funds Washington Mutual Investors Fund Class A (AWSHX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. AWSHX is managed by American Funds. It was launched on Jul 31, 1952.
Performance
RNWGX vs. AWSHX - Performance Comparison
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RNWGX vs. AWSHX - 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% |
AWSHX American Funds Washington Mutual Investors Fund Class A | -3.17% | 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, RNWGX achieves a -1.47% return, which is significantly higher than AWSHX's -3.17% return. Over the past 10 years, RNWGX has underperformed AWSHX with an annualized return of 9.76%, while AWSHX has yielded a comparatively higher 12.07% 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%
AWSHX
- 1D
- 2.21%
- 1M
- -5.85%
- YTD
- -3.17%
- 6M
- -1.40%
- 1Y
- 12.98%
- 3Y*
- 16.12%
- 5Y*
- 11.18%
- 10Y*
- 12.07%
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RNWGX vs. AWSHX - Expense Ratio Comparison
RNWGX has a 0.57% expense ratio, which is lower than AWSHX's 0.58% expense ratio.
Return for Risk
RNWGX vs. AWSHX — Risk / Return Rank
RNWGX
AWSHX
RNWGX vs. AWSHX - 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 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.
| RNWGX | AWSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 0.86 | +0.72 |
Sortino ratioReturn per unit of downside risk | 2.19 | 1.34 | +0.85 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.19 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.35 | +0.49 |
Martin ratioReturn relative to average drawdown | 7.62 | 6.00 | +1.62 |
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 | AWSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 0.86 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.80 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.74 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.62 | -0.16 |
Correlation
The correlation between RNWGX and AWSHX is 0.78, 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. AWSHX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 6.18%, less than AWSHX's 10.44% 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% |
AWSHX American Funds Washington Mutual Investors Fund Class A | 10.44% | 10.08% | 10.06% | 6.14% | 6.31% | 6.05% | 3.06% | 6.19% | 4.36% | 7.26% | 6.37% | 6.25% |
Drawdowns
RNWGX vs. AWSHX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -33.40%, smaller than the maximum AWSHX drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for RNWGX and AWSHX.
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Drawdown Indicators
| RNWGX | AWSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.40% | -53.95% | +20.55% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -10.37% | -2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -33.40% | -18.64% | -14.76% |
Max Drawdown (10Y)Largest decline over 10 years | -33.40% | -34.65% | +1.25% |
Current DrawdownCurrent decline from peak | -10.73% | -6.35% | -4.38% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -6.43% | -1.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.32% | +0.81% |
Volatility
RNWGX vs. AWSHX - Volatility Comparison
American Funds New World Fund® Class R-6 (RNWGX) has a higher volatility of 7.09% compared to American Funds Washington Mutual Investors Fund Class A (AWSHX) at 4.41%. This indicates that RNWGX'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
| RNWGX | AWSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 4.41% | +2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 8.28% | +2.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 15.30% | +0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 14.12% | +1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 16.33% | -0.35% |