RNWGX vs. MDIZX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and MFS International Diversification Fund R6 (MDIZX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. MDIZX is a passively managed fund by MFS that tracks the performance of the MSCI All Country World (ex-US) Index (net div). It was launched on Oct 2, 2017.
Performance
RNWGX vs. MDIZX - Performance Comparison
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RNWGX vs. MDIZX - 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% | 3.48% |
MDIZX MFS International Diversification Fund R6 | -0.18% | 27.99% | 6.52% | 14.48% | -17.04% | 7.79% | 15.45% | 26.09% | -10.93% | 3.71% |
Returns By Period
In the year-to-date period, RNWGX achieves a -1.47% return, which is significantly lower than MDIZX's -0.18% 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%
MDIZX
- 1D
- 2.59%
- 1M
- -7.35%
- YTD
- -0.18%
- 6M
- 3.01%
- 1Y
- 20.14%
- 3Y*
- 13.13%
- 5Y*
- 6.22%
- 10Y*
- —
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RNWGX vs. MDIZX - Expense Ratio Comparison
RNWGX has a 0.57% expense ratio, which is lower than MDIZX's 0.73% expense ratio.
Return for Risk
RNWGX vs. MDIZX — Risk / Return Rank
RNWGX
MDIZX
RNWGX vs. MDIZX - 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 MFS International Diversification Fund R6 (MDIZX). 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 | MDIZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 1.49 | +0.10 |
Sortino ratioReturn per unit of downside risk | 2.19 | 1.97 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.30 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.72 | +0.11 |
Martin ratioReturn relative to average drawdown | 7.62 | 6.75 | +0.87 |
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 | MDIZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.49 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.44 | -0.13 |
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 | 0.51 | -0.05 |
Correlation
The correlation between RNWGX and MDIZX is 0.90, 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. MDIZX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 6.18%, more than MDIZX's 5.27% 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% |
MDIZX MFS International Diversification Fund R6 | 5.27% | 5.26% | 3.61% | 4.24% | 2.76% | 2.79% | 1.72% | 2.57% | 3.23% | 1.66% | 0.00% | 0.00% |
Drawdowns
RNWGX vs. MDIZX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -33.40%, which is greater than MDIZX's maximum drawdown of -30.09%. Use the drawdown chart below to compare losses from any high point for RNWGX and MDIZX.
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Drawdown Indicators
| RNWGX | MDIZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.40% | -30.09% | -3.31% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -11.36% | -1.64% |
Max Drawdown (5Y)Largest decline over 5 years | -33.40% | -30.09% | -3.31% |
Max Drawdown (10Y)Largest decline over 10 years | -33.40% | — | — |
Current DrawdownCurrent decline from peak | -10.73% | -8.99% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -6.78% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.90% | +0.23% |
Volatility
RNWGX vs. MDIZX - Volatility Comparison
American Funds New World Fund® Class R-6 (RNWGX) has a higher volatility of 7.09% compared to MFS International Diversification Fund R6 (MDIZX) at 6.28%. This indicates that RNWGX's price experiences larger fluctuations and is considered to be riskier than MDIZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNWGX | MDIZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 6.28% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 9.37% | +1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 13.97% | +1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 14.09% | +1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 15.20% | +0.78% |