RNWGX vs. VTWAX
Compare and contrast key facts about American Funds New World Fund® Class R-6 (RNWGX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX).
RNWGX is managed by American Funds. It was launched on Aug 1, 2008. VTWAX is managed by Vanguard. It was launched on Feb 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNWGX or VTWAX.
Key characteristics
| RNWGX | VTWAX | |
|---|---|---|
| YTD Return | 8.19% | 17.80% |
| 1Y Return | 13.92% | 25.87% |
| 3Y Return (Ann) | -1.88% | 5.44% |
| 5Y Return (Ann) | 6.22% | 11.02% |
| Sharpe Ratio | 1.28 | 2.27 |
| Sortino Ratio | 1.83 | 3.09 |
| Omega Ratio | 1.23 | 1.41 |
| Calmar Ratio | 0.77 | 3.25 |
| Martin Ratio | 6.55 | 14.73 |
| Ulcer Index | 2.21% | 1.78% |
| Daily Std Dev | 11.30% | 11.52% |
| Max Drawdown | -33.40% | -34.20% |
| Current Drawdown | -7.28% | -1.60% |
Correlation
The correlation between RNWGX and VTWAX is 0.92, 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. VTWAX - Performance Comparison
In the year-to-date period, RNWGX achieves a 8.19% return, which is significantly lower than VTWAX's 17.80% 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. VTWAX - Expense Ratio Comparison
RNWGX has a 0.57% expense ratio, which is higher than VTWAX's 0.10% expense ratio.
Risk-Adjusted Performance
RNWGX vs. VTWAX - 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 World Stock Index Fund Admiral Shares (VTWAX). 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. VTWAX - Dividend Comparison
RNWGX's dividend yield for the trailing twelve months is around 1.54%, less than VTWAX's 1.83% 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% |
VTWAX Vanguard Total World Stock Index Fund Admiral Shares | 1.83% | 2.06% | 2.16% | 1.79% | 1.64% | 2.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RNWGX vs. VTWAX - Drawdown Comparison
The maximum RNWGX drawdown since its inception was -33.40%, roughly equal to the maximum VTWAX drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for RNWGX and VTWAX. For additional features, visit the drawdowns tool.
Volatility
RNWGX vs. VTWAX - Volatility Comparison
American Funds New World Fund® Class R-6 (RNWGX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) have volatilities of 3.10% and 3.12%, 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.