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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 (%)
SERNX   RWIEX   
 
Assuming 30 trading days horizon, American Funds Capital World G-I R4 is expected to generate 1.09 times more return on investment than DWS World. However, American is 1.09 times more volatile than DWS World Dividend Inst. It trades about 0.43 of its potential returns per unit of risk. DWS World Dividend Inst is currently generating about 0.4 per unit of risk. If you would invest  4,001  in American Funds Capital World G-I R4 on April 23, 2013 and sell it today you would earn a total of  171.00  from holding American Funds Capital World G-I R4 or generate 4.27% return on investment over 30 days.

Diversification

Very poor 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

0.84
Parameters
Time Period1 Month [change]
DirectionPositive SERNX Moved Up vs RWIEX
StrengthStrong
Accuracy86.36%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
SERNX   RWIEX   

American Funds Capital World G-I R4

 
    
American
Performance
22
Out Of
100
Over 30
Days
78% of all equities and portfolios perform better than American Funds Capital World G-I R4. Compared with the overall equity markets, risk-adjusted returns on investments in American Funds Capital World G-I R4 are ranked lower than 22 (%) 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 R4
American Funds Capital World G-I R2 vs. American Funds Capital World G-I R4
American Funds Capital World G-I R3 vs. American Funds Capital World G-I R4
American Funds Capital World G-I 529B vs. American Funds Capital World G-I R4
American Funds Capital World G-I 529E vs. American Funds Capital World G-I R4
American Funds Capital World G-I 529F vs. American Funds Capital World G-I R4
American Funds Capital World G-I F2 vs. American Funds Capital World G-I R4
American Funds Capital World G-I 529A vs. American Funds Capital World G-I R4
American Funds Capital World G-I R1 vs. American Funds Capital World G-I R4
  

DWS World Dividend Inst

 
    
DWS World
Performance
21
Out Of
100
Over 30
Days
79% 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 21 (%) 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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