SSKEX vs. RNWGX
Compare and contrast key facts about State Street Emerging Markets Equity Index Fund (SSKEX) and American Funds New World Fund® Class R-6 (RNWGX).
SSKEX is managed by State Street. It was launched on Dec 17, 2015. RNWGX is managed by American Funds. It was launched on Aug 1, 2008.
Performance
SSKEX vs. RNWGX - Performance Comparison
Loading graphics...
SSKEX vs. RNWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSKEX State Street Emerging Markets Equity Index Fund | 1.08% | 33.79% | 7.00% | 9.50% | -20.23% | -2.80% | 18.20% | 18.16% | -14.78% | 37.18% |
RNWGX American Funds New World Fund® Class R-6 | -3.98% | 28.67% | 6.88% | 16.26% | -21.77% | 5.09% | 25.30% | 28.03% | -12.00% | 33.07% |
Returns By Period
In the year-to-date period, SSKEX achieves a 1.08% return, which is significantly higher than RNWGX's -3.98% return. Over the past 10 years, SSKEX has underperformed RNWGX with an annualized return of 7.79%, while RNWGX has yielded a comparatively higher 9.47% annualized return.
SSKEX
- 1D
- -0.06%
- 1M
- -11.97%
- YTD
- 1.08%
- 6M
- 5.80%
- 1Y
- 30.40%
- 3Y*
- 15.02%
- 5Y*
- 3.75%
- 10Y*
- 7.79%
RNWGX
- 1D
- -0.63%
- 1M
- -11.95%
- YTD
- -3.98%
- 6M
- 0.15%
- 1Y
- 21.48%
- 3Y*
- 12.90%
- 5Y*
- 4.60%
- 10Y*
- 9.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSKEX vs. RNWGX - Expense Ratio Comparison
SSKEX has a 0.17% expense ratio, which is lower than RNWGX's 0.57% expense ratio.
Return for Risk
SSKEX vs. RNWGX — Risk / Return Rank
SSKEX
RNWGX
SSKEX vs. RNWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Emerging Markets Equity Index Fund (SSKEX) and American Funds New World Fund® Class R-6 (RNWGX). 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.
| SSKEX | RNWGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.84 | 1.35 | +0.49 |
Sortino ratioReturn per unit of downside risk | 2.37 | 1.88 | +0.49 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.27 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.44 | +0.78 |
Martin ratioReturn relative to average drawdown | 8.63 | 6.14 | +2.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SSKEX | RNWGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 1.35 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.31 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.60 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.45 | +0.04 |
Correlation
The correlation between SSKEX and RNWGX 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
SSKEX vs. RNWGX - Dividend Comparison
SSKEX's dividend yield for the trailing twelve months is around 2.82%, less than RNWGX's 6.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSKEX State Street Emerging Markets Equity Index Fund | 2.82% | 2.85% | 2.90% | 3.26% | 3.90% | 1.95% | 1.84% | 2.84% | 3.01% | 2.55% | 2.29% | 0.00% |
RNWGX American Funds New World Fund® Class R-6 | 6.34% | 6.09% | 4.11% | 2.88% | 1.33% | 7.32% | 0.44% | 4.05% | 2.71% | 2.26% | 1.37% | 1.04% |
Drawdowns
SSKEX vs. RNWGX - Drawdown Comparison
The maximum SSKEX drawdown since its inception was -39.23%, which is greater than RNWGX's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for SSKEX and RNWGX.
Loading graphics...
Drawdown Indicators
| SSKEX | RNWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.23% | -33.40% | -5.83% |
Max Drawdown (1Y)Largest decline over 1 year | -12.44% | -13.00% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -37.16% | -33.40% | -3.76% |
Max Drawdown (10Y)Largest decline over 10 years | -39.23% | -33.40% | -5.83% |
Current DrawdownCurrent decline from peak | -12.44% | -13.00% | +0.56% |
Average DrawdownAverage peak-to-trough decline | -13.46% | -8.12% | -5.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.05% | +0.16% |
Volatility
SSKEX vs. RNWGX - Volatility Comparison
State Street Emerging Markets Equity Index Fund (SSKEX) has a higher volatility of 7.57% compared to American Funds New World Fund® Class R-6 (RNWGX) at 6.38%. This indicates that SSKEX's price experiences larger fluctuations and is considered to be riskier than RNWGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SSKEX | RNWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.57% | 6.38% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 12.01% | 10.73% | +1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.37% | 15.46% | +0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 15.13% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.09% | 15.96% | +1.13% |