RWMGX vs. VIIIX
Compare and contrast key facts about American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
RWMGX is managed by American Funds. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RWMGX or VIIIX.
Key characteristics
| RWMGX | VIIIX | |
|---|---|---|
| YTD Return | 22.19% | 26.79% |
| 1Y Return | 34.20% | 37.87% |
| 3Y Return (Ann) | 10.85% | 8.11% |
| 5Y Return (Ann) | 13.15% | 13.85% |
| 10Y Return (Ann) | 11.82% | 12.29% |
| Sharpe Ratio | 3.14 | 2.95 |
| Sortino Ratio | 4.30 | 3.95 |
| Omega Ratio | 1.59 | 1.55 |
| Calmar Ratio | 5.88 | 3.46 |
| Martin Ratio | 21.65 | 19.36 |
| Ulcer Index | 1.53% | 1.90% |
| Daily Std Dev | 10.59% | 12.45% |
| Max Drawdown | -34.64% | -55.18% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between RWMGX and VIIIX 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.
Performance
RWMGX vs. VIIIX - Performance Comparison
In the year-to-date period, RWMGX achieves a 22.19% return, which is significantly lower than VIIIX's 26.79% return. Both investments have delivered pretty close results over the past 10 years, with RWMGX having a 11.82% annualized return and VIIIX not far ahead at 12.29%. 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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RWMGX vs. VIIIX - Expense Ratio Comparison
RWMGX has a 0.27% expense ratio, which is higher than VIIIX'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%.
Risk-Adjusted Performance
RWMGX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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
RWMGX vs. VIIIX - Dividend Comparison
RWMGX's dividend yield for the trailing twelve months is around 1.72%, more than VIIIX's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWMGX American Funds Washington Mutual Investors Fund Class R-6 | 1.72% | 1.96% | 2.27% | 1.69% | 2.02% | 2.11% | 2.40% | 2.14% | 2.21% | 2.41% | 8.09% | 5.30% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.25% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% | 1.87% |
Drawdowns
RWMGX vs. VIIIX - Drawdown Comparison
The maximum RWMGX drawdown since its inception was -34.64%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for RWMGX and VIIIX. For additional features, visit the drawdowns tool.
Volatility
RWMGX vs. VIIIX - Volatility Comparison
The current volatility for American Funds Washington Mutual Investors Fund Class R-6 (RWMGX) is 3.40%, while Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) has a volatility of 3.91%. This indicates that RWMGX experiences smaller price fluctuations and is considered to be less risky than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.