SMCWX vs. AMCPX
Compare and contrast key facts about American Funds SMALLCAP World Fund Class A (SMCWX) and American Funds AMCAP Fund Class A (AMCPX).
SMCWX is managed by American Funds. It was launched on Apr 30, 1990. AMCPX is managed by American Funds. It was launched on Jan 5, 1967.
Performance
SMCWX vs. AMCPX - Performance Comparison
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SMCWX vs. AMCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMCWX American Funds SMALLCAP World Fund Class A | -4.37% | 14.07% | 2.33% | 18.86% | -29.90% | 10.14% | 37.46% | 30.79% | -9.75% | 26.85% |
AMCPX American Funds AMCAP Fund Class A | -11.82% | 17.68% | 21.11% | 31.04% | -28.67% | 20.57% | 21.42% | 26.35% | -4.42% | 22.08% |
Returns By Period
In the year-to-date period, SMCWX achieves a -4.37% return, which is significantly higher than AMCPX's -11.82% return. Over the past 10 years, SMCWX has underperformed AMCPX with an annualized return of 8.67%, while AMCPX has yielded a comparatively higher 10.59% annualized return.
SMCWX
- 1D
- -1.23%
- 1M
- -11.33%
- YTD
- -4.37%
- 6M
- -2.08%
- 1Y
- 16.75%
- 3Y*
- 7.63%
- 5Y*
- -0.15%
- 10Y*
- 8.67%
AMCPX
- 1D
- -0.37%
- 1M
- -10.12%
- YTD
- -11.82%
- 6M
- -9.34%
- 1Y
- 11.06%
- 3Y*
- 14.39%
- 5Y*
- 6.22%
- 10Y*
- 10.59%
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SMCWX vs. AMCPX - Expense Ratio Comparison
SMCWX has a 1.02% expense ratio, which is higher than AMCPX's 0.65% expense ratio.
Return for Risk
SMCWX vs. AMCPX — Risk / Return Rank
SMCWX
AMCPX
SMCWX vs. AMCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds SMALLCAP World Fund Class A (SMCWX) and American Funds AMCAP Fund Class A (AMCPX). 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.
| SMCWX | AMCPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 0.56 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.34 | 0.94 | +0.40 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.59 | +0.55 |
Martin ratioReturn relative to average drawdown | 4.44 | 2.42 | +2.02 |
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
| SMCWX | AMCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.56 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.33 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.57 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.57 | -0.01 |
Correlation
The correlation between SMCWX and AMCPX is 0.84, 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
SMCWX vs. AMCPX - Dividend Comparison
SMCWX's dividend yield for the trailing twelve months is around 5.07%, less than AMCPX's 9.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMCWX American Funds SMALLCAP World Fund Class A | 5.07% | 4.84% | 0.60% | 0.64% | 0.00% | 9.24% | 1.60% | 4.24% | 7.06% | 4.48% | 0.35% | 6.49% |
AMCPX American Funds AMCAP Fund Class A | 9.90% | 8.73% | 8.19% | 3.26% | 7.54% | 3.43% | 3.88% | 4.90% | 7.84% | 5.37% | 3.81% | 8.86% |
Drawdowns
SMCWX vs. AMCPX - Drawdown Comparison
The maximum SMCWX drawdown since its inception was -62.46%, roughly equal to the maximum AMCPX drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for SMCWX and AMCPX.
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Drawdown Indicators
| SMCWX | AMCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.46% | -62.37% | -0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.83% | -14.18% | +2.35% |
Max Drawdown (5Y)Largest decline over 5 years | -39.79% | -36.90% | -2.89% |
Max Drawdown (10Y)Largest decline over 10 years | -39.79% | -36.90% | -2.89% |
Current DrawdownCurrent decline from peak | -13.13% | -14.18% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -14.98% | -9.60% | -5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 3.47% | -0.44% |
Volatility
SMCWX vs. AMCPX - Volatility Comparison
American Funds SMALLCAP World Fund Class A (SMCWX) has a higher volatility of 6.50% compared to American Funds AMCAP Fund Class A (AMCPX) at 5.26%. This indicates that SMCWX's price experiences larger fluctuations and is considered to be riskier than AMCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMCWX | AMCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 5.26% | +1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 11.32% | 11.06% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.64% | 19.60% | -1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.99% | 19.12% | -1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.72% | 18.63% | -0.91% |