RWIGX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Capital World Growth and Income Fund Class R-6 (RWIGX) and S&P 500 Index (^GSPC).

RWIGX is a passively managed fund by American Funds that tracks the performance of the MSCI All Country World Index (ACWI). It was launched on Mar 26, 1993.

Performance

RWIGX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital World Growth and Income Fund Class R-6 (RWIGX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

RWIGX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RWIGX Capital World Growth and Income Fund Class R-6	-1.24%	25.09%	14.21%	20.87%	-17.02%	15.11%	15.71%	25.94%	-10.32%	24.95%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, RWIGX achieves a -1.24% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, RWIGX has underperformed ^GSPC with an annualized return of 11.00%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

RWIGX

• 1D: 3.00%
• 1M: -6.54%
• YTD: -1.24%
• 6M: 2.54%
• 1Y: 22.83%
• 3Y*: 17.06%
• 5Y*: 9.02%
• 10Y*: 11.00%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

RWIGX vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RWIGX

RWIGX Risk / Return Rank: 79
RWIGX Sharpe Ratio Rank: 78
RWIGX Sortino Ratio Rank: 80
RWIGX Omega Ratio Rank: 75
RWIGX Calmar Ratio Rank: 81
RWIGX Martin Ratio Rank: 83

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RWIGX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital World Growth and Income Fund Class R-6 (RWIGX) and S&P 500 Index (^GSPC). 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.

	RWIGX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.48	0.92	+0.56
Sortino ratio Return per unit of downside risk	2.12	1.41	+0.71
Omega ratio Gain probability vs. loss probability	1.30	1.21	+0.08
Calmar ratio Return relative to maximum drawdown	2.10	1.41	+0.69
Martin ratio Return relative to average drawdown	8.87	6.61	+2.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RWIGX vs. ^GSPC - Sharpe Ratio Comparison

The current RWIGX Sharpe Ratio is 1.48, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of RWIGX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RWIGX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	0.92	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.61	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.68	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.46	+0.13

Correlation

The correlation between RWIGX and ^GSPC is 0.91, 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.

Drawdowns

RWIGX vs. ^GSPC - Drawdown Comparison

The maximum RWIGX drawdown since its inception was -31.98%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RWIGX and ^GSPC.

Drawdown Indicators

	RWIGX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-31.98%	-56.78%	+24.80%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-12.14%	+1.06%
Max Drawdown (5Y) Largest decline over 5 years	-27.03%	-25.43%	-1.60%
Max Drawdown (10Y) Largest decline over 10 years	-31.98%	-33.92%	+1.94%
Current Drawdown Current decline from peak	-7.81%	-5.78%	-2.03%
Average Drawdown Average peak-to-trough decline	-5.19%	-10.75%	+5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	2.60%	+0.03%

Volatility

RWIGX vs. ^GSPC - Volatility Comparison

Capital World Growth and Income Fund Class R-6 (RWIGX) has a higher volatility of 6.25% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that RWIGX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RWIGX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	5.37%	+0.88%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	9.55%	+0.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	18.33%	-2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	16.90%	-1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	18.05%	-2.08%