RWMGX vs. JDVI

Last updated Jun 4, 2026

RWMGX (American Funds Washington Mutual Investors Fund Class R-6) and JDVI (John Hancock Disciplined Value International Select ETF) are both funds - RWMGX is a Large Cap Blend Equities fund managed by American Funds, while JDVI is a Foreign Large Cap Equities fund actively managed by John Hancock. Over the past year, RWMGX returned 17.89% vs 31.81% for JDVI. A 0.67 correlation means they provide meaningful diversification when combined. RWMGX charges 0.27%/yr vs 0.69%/yr for JDVI.

Performance

RWMGX vs. JDVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and John Hancock Disciplined Value International Select ETF (JDVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RWMGX achieves a 6.01% return, which is significantly lower than JDVI's 12.15% return.

RWMGX

• 1D: 0.39%
• 1M: 2.82%
• YTD: 6.01%
• 6M: 6.16%
• 1Y: 17.89%
• 3Y*: 18.60%
• 5Y*: 12.25%
• 10Y*: 13.22%

JDVI

• 1D: -0.89%
• 1M: 5.02%
• YTD: 12.15%
• 6M: 15.78%
• 1Y: 31.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RWMGX vs. JDVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RWMGX American Funds Washington Mutual Investors Fund Class R-6	6.01%	17.56%	19.35%	1.65%
JDVI John Hancock Disciplined Value International Select ETF	12.15%	42.97%	0.68%	2.25%

Correlation

The correlation between RWMGX and JDVI is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023	0.67

The correlation between RWMGX and JDVI has been stable across timeframes, ranging from 0.67 to 0.69 - a consistent structural relationship.

Return for Risk

RWMGX vs. JDVI — Risk / Return Rank

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

RWMGX

RWMGX Risk / Return Rank: 39
RWMGX Sharpe Ratio Rank: 39
RWMGX Sortino Ratio Rank: 38
RWMGX Omega Ratio Rank: 39
RWMGX Calmar Ratio Rank: 35
RWMGX Martin Ratio Rank: 46

JDVI

JDVI Risk / Return Rank: 56
JDVI Sharpe Ratio Rank: 58
JDVI Sortino Ratio Rank: 56
JDVI Omega Ratio Rank: 57
JDVI Calmar Ratio Rank: 52
JDVI Martin Ratio Rank: 56

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.

RWMGX vs. JDVI - 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 John Hancock Disciplined Value International Select ETF (JDVI). 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	JDVI	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.95	-0.14
Sortino ratio: Return per unit of downside risk	2.58	2.65	-0.07
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.02
Calmar ratio: Return relative to maximum drawdown	2.23	2.56	-0.32
Martin ratio: Return relative to average drawdown	9.68	9.67	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RWMGX vs. JDVI - Sharpe Ratio Comparison

The current RWMGX Sharpe Ratio is 1.81, which is comparable to the JDVI Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of RWMGX and JDVI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RWMGX	JDVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	1.95	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.39	-0.57

Drawdowns

RWMGX vs. JDVI - Drawdown Comparison

The maximum RWMGX drawdown since its inception was -34.64%, which is greater than JDVI's maximum drawdown of -14.97%. Use the drawdown chart below to compare losses from any high point for RWMGX and JDVI.

Drawdown Indicators

	RWMGX	JDVI	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-14.97%	-19.67%
Max Drawdown (1Y) Largest decline over 1 year	-8.35%	-12.50%	+4.15%
Max Drawdown (3Y) Largest decline over 3 years	-14.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.64%	—	—
Current Drawdown Current decline from peak	0.00%	-0.89%	+0.89%
Average Drawdown Average peak-to-trough decline	-3.12%	-2.79%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	3.30%	-1.38%

Volatility

RWMGX vs. JDVI - Volatility Comparison

The current volatility for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) is 2.42%, while John Hancock Disciplined Value International Select ETF (JDVI) has a volatility of 5.86%. This indicates that RWMGX experiences smaller price fluctuations and is considered to be less risky than JDVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RWMGX	JDVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.42%	5.86%	-3.44%
Volatility (6M) Calculated over the trailing 6-month period	7.89%	13.97%	-6.08%
Volatility (1Y) Calculated over the trailing 1-year period	10.32%	16.37%	-6.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.10%	16.42%	-2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.33%	16.42%	-0.09%

RWMGX vs. JDVI - Expense Ratio Comparison

RWMGX has a 0.27% expense ratio, which is lower than JDVI's 0.69% expense ratio.

Dividends

RWMGX vs. JDVI - Dividend Comparison

RWMGX's dividend yield for the trailing twelve months is around 9.82%, more than JDVI's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JDVI John Hancock Disciplined Value International Select ETF	2.16%	2.43%	1.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RWMGX American Funds Washington Mutual Investors Fund Class R-6	9.82%	10.36%	10.36%	6.42%	6.63%	6.33%	3.35%	6.91%	4.67%	7.52%	6.66%	6.55%

Frequently Asked Questions

Can I hold both RWMGX and JDVI in my portfolio?

RWMGX and JDVI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RWMGX or JDVI?

JDVI has higher volatility (5.86%) compared to RWMGX (2.42%). In terms of maximum drawdown, RWMGX dropped -34.64% vs JDVI's -14.97%.

Which has better risk-adjusted returns?

JDVI currently has the higher Sharpe Ratio (1.95 vs 1.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.