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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 American Funds Capital World G  vs   DWS World Dividend Inst
 Compare Fundamentals  
Daily Returns (%)
CWIFX   SERNX   
 
Assuming 30 trading days horizon, American Funds Capital World G-I 529F is expected to generate 1.02 times more return on investment than DWS World. However, American is 1.02 times more volatile than DWS World Dividend Inst. It trades about 0.61 of its potential returns per unit of risk. DWS World Dividend Inst is currently generating about 0.44 per unit of risk. If you would invest  3,987  in American Funds Capital World G-I 529F on April 22, 2013 and sell it today you would earn a total of  218.00  from holding American Funds Capital World G-I 529F or generate 5.47% return on investment over 30 days.

Diversification

Almost no diversification
Overlapping area represents amount of risk that can be diversified away by holding American Funds Capital World G and DWS World Dividend Inst in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.93
Parameters
Time Period1 Month [change]
DirectionPositive SERNX Moved Up vs CWIFX
StrengthVery Strong
Accuracy90.91%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
CWIFX   SERNX   

American Funds Capital World G-I 529F

 
    
American
Performance
33
Out Of
100
Over 30
Days
67% of all equities and portfolios perform better than American Funds Capital World G-I 529F. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds Capital World G-I 529F are ranked lower than 33 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for American

American Funds Capital World G-I R6 vs. American Funds Capital World G-I 529F
American Funds Capital World G-I R2 vs. American Funds Capital World G-I 529F
American Funds Capital World G-I R3 vs. American Funds Capital World G-I 529F
American Funds Capital World G-I 529B vs. American Funds Capital World G-I 529F
American Funds Capital World G-I R4 vs. American Funds Capital World G-I 529F
American Funds Capital World G-I 529E vs. American Funds Capital World G-I 529F
American Funds Capital World G-I F2 vs. American Funds Capital World G-I 529F
American Funds Capital World G-I 529A vs. American Funds Capital World G-I 529F
American Funds Capital World G-I R1 vs. American Funds Capital World G-I 529F
  

DWS World Dividend Inst

 
    
DWS World
Performance
24
Out Of
100
Over 30
Days
76% of all equities and portfolios perform better than DWS World Dividend Inst. Compared with the overall equity markets, risk-adjusted returns on investments in DWS World Dividend Inst are ranked lower than 24 (%) of all global equities and portfolios over the last 30 days.
    

Match ups for DWS World

American Funds Capital World G-I R6 vs. DWS World Dividend Inst
American Funds Capital World G-I R2 vs. DWS World Dividend Inst
American Funds Capital World G-I R3 vs. DWS World Dividend Inst
American Funds Capital World G-I 529B vs. DWS World Dividend Inst
American Funds Capital World G-I R4 vs. DWS World Dividend Inst
American Funds Capital World G-I 529E vs. DWS World Dividend Inst
American Funds Capital World G-I 529F vs. DWS World Dividend Inst
American Funds Capital World G-I F2 vs. DWS World Dividend Inst
American Funds Capital World G-I 529A vs. DWS World Dividend Inst
American Funds Capital World G-I R1 vs. DWS World Dividend Inst


 
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