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RWMGX vs. PGINX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RWMGX vs. PGINX - 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 Impax Global Environmental Markets Fund Institutional Class (PGINX). The values are adjusted to include any dividend payments, if applicable.

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RWMGX vs. PGINX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
PGINX
Impax Global Environmental Markets Fund Institutional Class
-0.76%14.14%5.15%16.85%-22.39%22.25%26.00%28.18%-14.20%26.80%

Returns By Period

In the year-to-date period, RWMGX achieves a -3.10% return, which is significantly lower than PGINX's -0.76% return. Over the past 10 years, RWMGX has outperformed PGINX with an annualized return of 12.45%, while PGINX has yielded a comparatively lower 9.70% 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%

PGINX

1D
3.63%
1M
-6.55%
YTD
-0.76%
6M
-2.65%
1Y
14.79%
3Y*
8.49%
5Y*
4.39%
10Y*
9.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RWMGX vs. PGINX - Expense Ratio Comparison

RWMGX has a 0.27% expense ratio, which is lower than PGINX's 0.90% expense ratio.


Return for Risk

RWMGX vs. PGINX — Risk / Return Rank

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

RWMGX
RWMGX Risk / Return Rank: 5050
Overall Rank
RWMGX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
RWMGX Sortino Ratio Rank: 4545
Sortino Ratio Rank
RWMGX Omega Ratio Rank: 4444
Omega Ratio Rank
RWMGX Calmar Ratio Rank: 5656
Calmar Ratio Rank
RWMGX Martin Ratio Rank: 6363
Martin Ratio Rank

PGINX
PGINX Risk / Return Rank: 3838
Overall Rank
PGINX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
PGINX Sortino Ratio Rank: 3737
Sortino Ratio Rank
PGINX Omega Ratio Rank: 3232
Omega Ratio Rank
PGINX Calmar Ratio Rank: 4848
Calmar Ratio Rank
PGINX Martin Ratio Rank: 4141
Martin Ratio Rank
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. PGINX - 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 Impax Global Environmental Markets Fund Institutional Class (PGINX). 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.


RWMGXPGINXDifference

Sharpe ratio

Return per unit of total volatility

0.89

0.81

+0.07

Sortino ratio

Return per unit of downside risk

1.37

1.28

+0.09

Omega ratio

Gain probability vs. loss probability

1.20

1.17

+0.03

Calmar ratio

Return relative to maximum drawdown

1.38

1.29

+0.09

Martin ratio

Return relative to average drawdown

6.17

4.52

+1.64

RWMGX vs. PGINX - Sharpe Ratio Comparison

The current RWMGX Sharpe Ratio is 0.89, which is comparable to the PGINX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of RWMGX and PGINX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


RWMGXPGINXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.89

0.81

+0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.24

+0.58

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.76

0.54

+0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.79

0.35

+0.44

Correlation

The correlation between RWMGX and PGINX is 0.86, 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. PGINX - Dividend Comparison

RWMGX's dividend yield for the trailing twelve months is around 10.74%, less than PGINX's 23.89% yield.


TTM20252024202320222021202020192018201720162015
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%
PGINX
Impax Global Environmental Markets Fund Institutional Class
23.89%23.71%4.79%0.74%0.65%2.10%0.60%0.86%4.26%3.44%0.75%1.13%

Drawdowns

RWMGX vs. PGINX - Drawdown Comparison

The maximum RWMGX drawdown since its inception was -34.64%, smaller than the maximum PGINX drawdown of -52.48%. Use the drawdown chart below to compare losses from any high point for RWMGX and PGINX.


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Drawdown Indicators


RWMGXPGINXDifference

Max Drawdown

Largest peak-to-trough decline

-34.64%

-52.48%

+17.84%

Max Drawdown (1Y)

Largest decline over 1 year

-10.36%

-11.74%

+1.38%

Max Drawdown (5Y)

Largest decline over 5 years

-18.46%

-33.54%

+15.08%

Max Drawdown (10Y)

Largest decline over 10 years

-34.64%

-33.54%

-1.10%

Current Drawdown

Current decline from peak

-6.32%

-8.28%

+1.96%

Average Drawdown

Average peak-to-trough decline

-3.14%

-9.64%

+6.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.32%

3.35%

-1.03%

Volatility

RWMGX vs. PGINX - Volatility Comparison

The current volatility for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) is 4.41%, while Impax Global Environmental Markets Fund Institutional Class (PGINX) has a volatility of 7.24%. This indicates that RWMGX experiences smaller price fluctuations and is considered to be less risky than PGINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RWMGXPGINXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.41%

7.24%

-2.83%

Volatility (6M)

Calculated over the trailing 6-month period

8.28%

11.41%

-3.13%

Volatility (1Y)

Calculated over the trailing 1-year period

15.30%

18.84%

-3.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.13%

18.10%

-3.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.33%

18.06%

-1.73%