RNWGX vs. RERGX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and American Funds EuroPacific Growth Fund Class R-6 (RERGX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. RERGX is managed by American Funds.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNWGX or RERGX.
Correlation
The correlation between RNWGX and RERGX 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.
Performance
RNWGX vs. RERGX - Performance Comparison
Key characteristics
RNWGX:
0.41
RERGX:
0.17
RNWGX:
0.67
RERGX:
0.34
RNWGX:
1.09
RERGX:
1.05
RNWGX:
0.26
RERGX:
0.10
RNWGX:
1.13
RERGX:
0.50
RNWGX:
5.61%
RERGX:
5.94%
RNWGX:
15.46%
RERGX:
17.21%
RNWGX:
-37.52%
RERGX:
-40.72%
RNWGX:
-12.58%
RERGX:
-17.04%
Returns By Period
In the year-to-date period, RNWGX achieves a 5.90% return, which is significantly lower than RERGX's 8.06% return. Over the past 10 years, RNWGX has outperformed RERGX with an annualized return of 5.06%, while RERGX has yielded a comparatively lower 2.72% annualized return.
RNWGX
5.90%
11.61%
-0.47%
4.38%
7.70%
5.06%
RERGX
8.06%
14.25%
0.75%
1.45%
6.18%
2.72%
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RNWGX vs. RERGX - Expense Ratio Comparison
RNWGX has a 0.57% expense ratio, which is higher than RERGX's 0.46% expense ratio.
Risk-Adjusted Performance
RNWGX vs. RERGX — Risk-Adjusted Performance Rank
RNWGX
RERGX
RNWGX vs. RERGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund® Class R-6 (RNWGX) and American Funds EuroPacific Growth Fund Class R-6 (RERGX). 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.
Dividends
RNWGX vs. RERGX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 1.22%, less than RERGX's 1.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNWGX American Funds New World Fund® Class R-6 | 1.22% | 1.30% | 1.66% | 1.33% | 0.86% | 0.44% | 1.78% | 1.47% | 1.31% | 1.37% | 1.03% | 7.65% |
RERGX American Funds EuroPacific Growth Fund Class R-6 | 1.49% | 1.61% | 2.01% | 1.47% | 1.83% | 0.41% | 1.39% | 1.78% | 1.19% | 1.64% | 2.13% | 1.75% |
Drawdowns
RNWGX vs. RERGX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -37.52%, smaller than the maximum RERGX drawdown of -40.72%. Use the drawdown chart below to compare losses from any high point for RNWGX and RERGX. For additional features, visit the drawdowns tool.
Volatility
RNWGX vs. RERGX - Volatility Comparison
American Funds New World Fund® Class R-6 (RNWGX) and American Funds EuroPacific Growth Fund Class R-6 (RERGX) have volatilities of 9.27% and 9.59%, 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.