Smallcap World Fund Quote
| SCWFX Fund | USD 62.70 0.35 0.56% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Smallcap World is trading at 62.70 as of the 19th of April 2024; that is -0.56 percent decrease since the beginning of the trading day. The fund's open price was 63.05. Smallcap World has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Smallcap World Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
Normally the fund invests at least 80 percent of its net assets in common stocks and other equity-type securities of companies with small market capitalizations, including growth-oriented stocks. Under normal circumstances, the fund will invest a significant portion of its assets outside the United States, including in emerging markets.. More on Smallcap World Fund
Moving together with Smallcap Mutual Fund
| 0.84 | AMECX | Income Fund | PairCorr |
| 0.91 | RNEBX | New World Fund | PairCorr |
| 0.86 | AMFCX | American Mutual | PairCorr |
| 0.86 | AMFFX | American Mutual | PairCorr |
| 0.88 | RNCCX | American Funds Me | PairCorr |
| 0.84 | AMEFX | Income Fund | PairCorr |
Smallcap Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Smallcap World's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smallcap World or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | American Funds, Large Funds, World Small/Mid Stock Funds, World Small/Mid Stock, American Funds, Large, World Small/Mid Stock (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of December 2022 |
| Fiscal Year End | September |
Smallcap World Fund [SCWFX] is traded in USA and was established 19th of April 2024. Smallcap World is listed under American Funds category by Fama And French industry classification. The fund is listed under World Small/Mid Stock category and is part of American Funds family. This fund at this time has accumulated 67.24 B in assets with no minimum investment requirementsSmallcap World is currently producing year-to-date (YTD) return of 2.29% with the current yeild of 0.01%, while the total return for the last 3 years was -4.99%.
Check Smallcap World Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Smallcap Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Smallcap Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Smallcap World Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Smallcap World Fund Mutual Fund Constituents
| PAYC | Paycom Soft | Stock | Information Technology |
| DPZ | Dominos Pizza | Stock | Consumer Discretionary |
| QRVO | Qorvo Inc | Stock | Information Technology |
| SQ | Block Inc | Stock | Information Technology |
| INCY | Incyte | Stock | Health Care |
| YETI | YETI Holdings | Stock | Consumer Discretionary |
| SMAR | Smartsheet | Stock | Information Technology |
Smallcap World Target Price Odds Analysis
Based on a normal probability distribution, the odds of Smallcap World jumping above the current price in 90 days from now is roughly 97.0%. The Smallcap World Fund probability density function shows the probability of Smallcap World mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1949. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Smallcap World will likely underperform. Additionally, smallcap World Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Smallcap World to move above the current price in 90 days from now is roughly 97.0 (This Smallcap World Fund probability density function shows the probability of Smallcap Mutual Fund to fall within a particular range of prices over 90 days) .
Smallcap World Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Smallcap World market risk premium is the additional return an investor will receive from holding Smallcap World long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Smallcap World. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Smallcap World's alpha and beta are two of the key measurements used to evaluate Smallcap World's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6558 | |||
| Semi Deviation | 0.8618 | |||
| Standard Deviation | 0.8026 | |||
| Variance | 0.6442 |
Smallcap World Against Markets
Picking the right benchmark for Smallcap World mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Smallcap World mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Smallcap World is critical whether you are bullish or bearish towards Smallcap World Fund at a given time. Please also check how Smallcap World's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Smallcap World without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
How to buy Smallcap Mutual Fund?
Before investing in Smallcap World, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Smallcap World. To buy Smallcap World fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Smallcap World. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Smallcap World fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Smallcap World Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Smallcap World Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Smallcap World Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Smallcap World Fund?
The danger of trading Smallcap World Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Smallcap World is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Smallcap World. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smallcap World is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smallcap World Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Smallcap World information on this page should be used as a complementary analysis to other Smallcap World's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.