RWMGX vs. FXAIX
Compare and contrast key facts about American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Fidelity 500 Index Fund (FXAIX).
RWMGX is managed by American Funds. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
RWMGX vs. FXAIX - Performance Comparison
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RWMGX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | -3.10% | 17.56% | 19.35% | 17.58% | -8.17% | 28.84% | 8.02% | 25.78% | -5.91% | 20.38% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, RWMGX achieves a -3.10% return, which is significantly higher than FXAIX's -4.34% return. Over the past 10 years, RWMGX has underperformed FXAIX with an annualized return of 12.45%, while FXAIX has yielded a comparatively higher 14.08% annualized return.
RWMGX
- 1D
- 2.22%
- 1M
- -5.83%
- YTD
- -3.10%
- 6M
- -1.25%
- 1Y
- 13.30%
- 3Y*
- 16.48%
- 5Y*
- 11.52%
- 10Y*
- 12.45%
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
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RWMGX vs. FXAIX - Expense Ratio Comparison
RWMGX has a 0.27% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
RWMGX vs. FXAIX — Risk / Return Rank
RWMGX
FXAIX
RWMGX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Fidelity 500 Index Fund (FXAIX). 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.
| RWMGX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 0.97 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.49 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.52 | -0.14 |
Martin ratioReturn relative to average drawdown | 6.17 | 7.30 | -1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RWMGX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.97 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.70 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.78 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.76 | +0.03 |
Correlation
The correlation between RWMGX and FXAIX is 0.96, 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.
Dividends
RWMGX vs. FXAIX - Dividend Comparison
RWMGX's dividend yield for the trailing twelve months is around 10.74%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | 10.74% | 10.36% | 10.36% | 6.42% | 6.63% | 6.33% | 3.35% | 6.91% | 4.67% | 7.52% | 6.66% | 6.55% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
RWMGX vs. FXAIX - Drawdown Comparison
The maximum RWMGX drawdown since its inception was -34.64%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for RWMGX and FXAIX.
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Drawdown Indicators
| RWMGX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.64% | -33.79% | -0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -10.36% | -12.13% | +1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | -24.50% | +6.04% |
Max Drawdown (10Y)Largest decline over 10 years | -34.64% | -33.79% | -0.85% |
Current DrawdownCurrent decline from peak | -6.32% | -6.23% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -3.14% | -3.83% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.53% | -0.21% |
Volatility
RWMGX vs. FXAIX - Volatility Comparison
The current volatility for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) is 4.41%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 5.34%. This indicates that RWMGX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RWMGX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 5.34% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 8.28% | 9.53% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.30% | 18.32% | -3.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.13% | 16.92% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.33% | 18.05% | -1.72% |