TWMIX vs. BGEIX
TWMIX (American Century Emerging Markets Fund) and BGEIX (American Century Global Gold Fund) are both mutual funds - TWMIX is a Emerging Markets Equities fund managed by American Century, while BGEIX is a Gold fund managed by American Century. Over the past 10 years, TWMIX returned 8.86%/yr vs 9.68%/yr for BGEIX. Their 0.30 correlation means their historical movements had little consistent relationship. TWMIX charges 1.26%/yr vs 0.65%/yr for BGEIX.
Performance
TWMIX vs. BGEIX - Performance Comparison
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Returns By Period
In the year-to-date period, TWMIX achieves a 23.05% return, which is significantly higher than BGEIX's -13.78% return. Over the past 10 years, TWMIX has underperformed BGEIX with an annualized return of 8.86%, while BGEIX has yielded a comparatively higher 9.68% annualized return.
TWMIX
- 1D
- 2.18%
- 1M
- -3.54%
- 6M
- 11.89%
- YTD
- 23.05%
- 1Y
- 46.98%
- 3Y*
- 22.12%
- 5Y*
- 6.01%
- 10Y*
- 8.86%
- ALL TIME*
- 7.36%
BGEIX
- 1D
- -2.99%
- 1M
- -5.17%
- 6M
- -21.65%
- YTD
- -13.78%
- 1Y
- 44.40%
- 3Y*
- 38.97%
- 5Y*
- 17.65%
- 10Y*
- 9.68%
- ALL TIME*
- 5.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TWMIX vs. BGEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWMIX American Century Emerging Markets Fund | 23.05% | 35.27% | 11.44% | 5.43% | -28.14% | -6.04% | 25.13% | 21.94% | -19.14% | 45.85% |
BGEIX American Century Global Gold Fund | -13.78% | 158.45% | 15.10% | 7.52% | -12.54% | -8.85% | 18.92% | 37.82% | -7.43% | 10.62% |
Correlation
The correlation between TWMIX and BGEIX is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1997 | 0.30 |
The correlation between TWMIX and BGEIX shifts across timeframes, from 0.30 (all time) to 0.45 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TWMIX vs. BGEIX — Risk / Return Rank
TWMIX
BGEIX
TWMIX vs. BGEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Emerging Markets Fund (TWMIX) and American Century Global Gold Fund (BGEIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TWMIX | BGEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.20 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 1.22 | +1.47 |
| Martin ratioReturn relative to average drawdown | 9.44 | 2.67 | +6.77 |
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Drawdowns
TWMIX vs. BGEIX - Drawdown Comparison
The maximum TWMIX drawdown since its inception was -68.57%, smaller than the maximum BGEIX drawdown of -78.69%. Use the drawdown chart below to compare losses from any high point for TWMIX and BGEIX.
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Drawdown Indicators
| TWMIX | BGEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.57% | -78.69% | +10.12% |
Max Drawdown (1Y)Largest decline over 1 year | -16.75% | -38.61% | +21.86% |
Max Drawdown (3Y)Largest decline over 3 years | -16.75% | -38.61% | +21.86% |
Max Drawdown (5Y)Largest decline over 5 years | -42.49% | -46.62% | +4.13% |
Max Drawdown (10Y)Largest decline over 10 years | -47.51% | -51.92% | +4.41% |
Current DrawdownCurrent decline from peak | -11.62% | -35.61% | +23.99% |
Average DrawdownAverage peak-to-trough decline | -24.35% | -35.14% | +10.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 17.60% | -12.84% |
Volatility
TWMIX vs. BGEIX - Volatility Comparison
The current volatility for American Century Emerging Markets Fund (TWMIX) is 10.78%, while American Century Global Gold Fund (BGEIX) has a volatility of 12.06%. This indicates that TWMIX experiences smaller price fluctuations and is considered to be less risky than BGEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TWMIX | BGEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.78% | 12.06% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 23.62% | 37.57% | -13.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.75% | 45.63% | -19.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.64% | 34.43% | -14.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.74% | 33.50% | -13.76% |
TWMIX vs. BGEIX - Expense Ratio Comparison
TWMIX has a 1.26% expense ratio, which is higher than BGEIX's 0.65% expense ratio.
Dividends
TWMIX vs. BGEIX - Dividend Comparison
TWMIX's dividend yield for the trailing twelve months is around 0.93%, which matches BGEIX's 0.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGEIX American Century Global Gold Fund | 0.93% | 0.85% | 1.36% | 1.56% | 1.38% | 2.13% | 0.56% | 0.87% | 0.00% | 0.00% | 10.56% | 0.00% |
TWMIX American Century Emerging Markets Fund | 0.93% | 1.14% | 0.71% | 1.30% | 3.37% | 0.58% | 0.97% | 0.48% | 0.92% | 0.24% | 0.12% | 0.08% |
Frequently Asked Questions
TWMIX and BGEIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGEIX has higher volatility (12.06%) compared to TWMIX (10.78%). In terms of maximum drawdown, TWMIX dropped -68.57% vs BGEIX's -78.69%.
TWMIX currently has the higher Sharpe Ratio (1.75 vs 1.03), 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.
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