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RNWGX vs. VITSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.8

Performance

RNWGX vs. VITSX - 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 Vanguard Total Stock Market Index Fund Institutional Shares (VITSX). The values are adjusted to include any dividend payments, if applicable.

200.00%300.00%400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
247.45%
781.05%
RNWGX
VITSX

Key characteristics

Sharpe Ratio

RNWGX:

0.48

VITSX:

2.09

Sortino Ratio

RNWGX:

0.71

VITSX:

2.78

Omega Ratio

RNWGX:

1.10

VITSX:

1.39

Calmar Ratio

RNWGX:

0.35

VITSX:

3.14

Martin Ratio

RNWGX:

2.05

VITSX:

13.35

Ulcer Index

RNWGX:

2.84%

VITSX:

2.01%

Daily Std Dev

RNWGX:

12.17%

VITSX:

12.86%

Max Drawdown

RNWGX:

-33.40%

VITSX:

-55.31%

Current Drawdown

RNWGX:

-11.49%

VITSX:

-3.11%

Returns By Period

In the year-to-date period, RNWGX achieves a 3.28% return, which is significantly lower than VITSX's 24.81% return. Over the past 10 years, RNWGX has underperformed VITSX with an annualized return of 6.37%, while VITSX has yielded a comparatively higher 12.52% annualized return.


RNWGX

YTD

3.28%

1M

-4.56%

6M

-3.91%

1Y

4.58%

5Y*

4.43%

10Y*

6.37%

VITSX

YTD

24.81%

1M

-0.64%

6M

9.96%

1Y

25.16%

5Y*

14.08%

10Y*

12.52%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


RNWGX vs. VITSX - Expense Ratio Comparison

RNWGX has a 0.57% expense ratio, which is higher than VITSX's 0.03% expense ratio.


RNWGX
American Funds New World Fund® Class R-6
Expense ratio chart for RNWGX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
Expense ratio chart for VITSX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.


Sharpe ratio
The chart of Sharpe ratio for RNWGX, currently valued at 0.48, compared to the broader market-1.000.001.002.003.004.000.482.09
The chart of Sortino ratio for RNWGX, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.712.78
The chart of Omega ratio for RNWGX, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.003.501.101.39
The chart of Calmar ratio for RNWGX, currently valued at 0.35, compared to the broader market0.002.004.006.008.0010.0012.0014.000.353.14
The chart of Martin ratio for RNWGX, currently valued at 2.05, compared to the broader market0.0020.0040.0060.002.0513.35
RNWGX
VITSX

The current RNWGX Sharpe Ratio is 0.48, which is lower than the VITSX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of RNWGX and VITSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.48
2.09
RNWGX
VITSX

Dividends

RNWGX vs. VITSX - Dividend Comparison

RNWGX has not paid dividends to shareholders, while VITSX's dividend yield for the trailing twelve months is around 0.93%.


TTM20232022202120202019201820172016201520142013
RNWGX
American Funds New World Fund® Class R-6
0.00%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
0.93%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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.49%
-3.11%
RNWGX
VITSX

Volatility

RNWGX vs. VITSX - Volatility Comparison

American Funds New World Fund® Class R-6 (RNWGX) has a higher volatility of 5.16% compared to Vanguard Total Stock Market Index Fund Institutional Shares (VITSX) at 4.06%. This indicates that RNWGX's price experiences larger fluctuations and is considered to be riskier than VITSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.16%
4.06%
RNWGX
VITSX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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