RNWGX vs. VITSX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and Vanguard Total Stock Market Index Fund Institutional Shares (VITSX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. VITSX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNWGX or VITSX.
Key characteristics
| RNWGX | VITSX | |
|---|---|---|
| YTD Return | 8.19% | 25.22% |
| 1Y Return | 13.92% | 34.01% |
| 3Y Return (Ann) | -1.88% | 8.42% |
| 5Y Return (Ann) | 6.22% | 14.97% |
| 10Y Return (Ann) | 6.54% | 12.81% |
| Sharpe Ratio | 1.28 | 2.75 |
| Sortino Ratio | 1.83 | 3.67 |
| Omega Ratio | 1.23 | 1.51 |
| Calmar Ratio | 0.77 | 4.00 |
| Martin Ratio | 6.55 | 17.56 |
| Ulcer Index | 2.21% | 1.95% |
| Daily Std Dev | 11.30% | 12.48% |
| Max Drawdown | -33.40% | -55.31% |
| Current Drawdown | -7.28% | -1.13% |
Correlation
The correlation between RNWGX and VITSX is 0.81, 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. VITSX - Performance Comparison
In the year-to-date period, RNWGX achieves a 8.19% return, which is significantly lower than VITSX's 25.22% return. Over the past 10 years, RNWGX has underperformed VITSX with an annualized return of 6.54%, while VITSX has yielded a comparatively higher 12.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RNWGX vs. VITSX - Expense Ratio Comparison
RNWGX has a 0.57% expense ratio, which is higher than VITSX's 0.03% expense ratio.
Risk-Adjusted Performance
RNWGX vs. VITSX - 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 Vanguard Total Stock Market Index Fund Institutional Shares (VITSX). 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. VITSX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 1.54%, more than VITSX's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNWGX American Funds New World Fund® Class R-6 | 1.54% | 1.66% | 1.33% | 0.86% | 0.44% | 1.78% | 1.47% | 1.31% | 1.37% | 1.03% | 7.65% | 3.77% |
VITSX Vanguard Total Stock Market Index Fund Institutional Shares | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.93% | 1.99% | 1.77% | 1.75% |
Drawdowns
RNWGX vs. VITSX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -33.40%, smaller than the maximum VITSX drawdown of -55.31%. Use the drawdown chart below to compare losses from any high point for RNWGX and VITSX. For additional features, visit the drawdowns tool.
Volatility
RNWGX vs. VITSX - Volatility Comparison
The current volatility for American Funds New World Fund® Class R-6 (RNWGX) is 3.10%, while Vanguard Total Stock Market Index Fund Institutional Shares (VITSX) has a volatility of 4.01%. This indicates that RNWGX experiences smaller price fluctuations and is considered to be less risky than VITSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.