RNWGX vs. FNWFX

Last updated Apr 2, 2026

Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and American Funds New World Fund Class F-3 (FNWFX).

RNWGX is managed by American Funds. It was launched on Aug 1, 2008. FNWFX is managed by American Funds. It was launched on Jun 17, 1999.

Performance

RNWGX vs. FNWFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New World Fund® Class R-6 (RNWGX) and American Funds New World Fund Class F-3 (FNWFX). The values are adjusted to include any dividend payments, if applicable.

RNWGX vs. FNWFX - 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%	25.90%
FNWFX American Funds New World Fund Class F-3	-1.47%	28.67%	6.88%	16.24%	-21.77%	5.09%	25.30%	28.02%	-12.00%	25.87%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with RNWGX at -1.47% and FNWFX at -1.47%.

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%

FNWFX

• 1D: 2.61%
• 1M: -8.56%
• YTD: -1.47%
• 6M: 2.11%
• 1Y: 24.01%
• 3Y*: 13.87%
• 5Y*: 4.79%
• 10Y*: —

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

RNWGX vs. FNWFX - Expense Ratio Comparison

Both RNWGX and FNWFX have an expense ratio of 0.57%.

RNWGX

American Funds New World Fund® Class R-6

FNWFX

American Funds New World Fund Class F-3

Return for Risk

RNWGX vs. FNWFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RNWGX

RNWGX Risk / Return Rank: 79
RNWGX Sharpe Ratio Rank: 82
RNWGX Sortino Ratio Rank: 83
RNWGX Omega Ratio Rank: 79
RNWGX Calmar Ratio Rank: 75
RNWGX Martin Ratio Rank: 77

FNWFX

FNWFX Risk / Return Rank: 79
FNWFX Sharpe Ratio Rank: 82
FNWFX Sortino Ratio Rank: 83
FNWFX Omega Ratio Rank: 79
FNWFX Calmar Ratio Rank: 75
FNWFX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RNWGX vs. FNWFX - 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 New World Fund Class F-3 (FNWFX). 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	FNWFX	Difference
Sharpe ratio Return per unit of total volatility	1.59	1.59	0.00
Sortino ratio Return per unit of downside risk	2.19	2.19	0.00
Omega ratio Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio Return relative to maximum drawdown	1.83	1.83	0.00
Martin ratio Return relative to average drawdown	7.62	7.63	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RNWGX vs. FNWFX - Sharpe Ratio Comparison

The current RNWGX Sharpe Ratio is 1.59, which is comparable to the FNWFX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of RNWGX and FNWFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RNWGX	FNWFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.59	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.32	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.59	-0.12

Correlation

The correlation between RNWGX and FNWFX is 1.00, 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. FNWFX - Dividend Comparison

RNWGX's dividend yield for the trailing twelve months is around 6.18%, which matches FNWFX's 6.18% 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%
FNWFX American Funds New World Fund Class F-3	6.18%	6.09%	4.10%	2.88%	1.33%	7.32%	0.43%	4.04%	2.70%	2.27%	0.00%	0.00%

Drawdowns

RNWGX vs. FNWFX - Drawdown Comparison

The maximum RNWGX drawdown since its inception was -33.40%, roughly equal to the maximum FNWFX drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for RNWGX and FNWFX.

Drawdown Indicators

	RNWGX	FNWFX	Difference
Max Drawdown Largest peak-to-trough decline	-33.40%	-33.40%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-13.00%	-13.00%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-33.40%	-33.40%	0.00%
Max Drawdown (10Y) Largest decline over 10 years	-33.40%	—	—
Current Drawdown Current decline from peak	-10.73%	-10.73%	0.00%
Average Drawdown Average peak-to-trough decline	-8.12%	-8.80%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	3.13%	0.00%

Volatility

RNWGX vs. FNWFX - Volatility Comparison

American Funds New World Fund® Class R-6 (RNWGX) and American Funds New World Fund Class F-3 (FNWFX) have volatilities of 7.09% and 7.09%, 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.

Volatility by Period

	RNWGX	FNWFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.09%	7.09%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	11.01%	11.01%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	15.63%	15.62%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	15.17%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	16.32%	-0.34%