ANEFX Alternatives & Similar Mutual Funds

American Funds The New Economy Fund Class A (ANEFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ANEFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ANEFX

ANEFX charges 0.72% annually. There are 48 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	ANEFX vs GWOAX
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	ANEFX vs GMGEX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	ANEFX vs SSGLX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	97.00B	Feb 2019	ANEFX vs VTWAX
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	ANEFX vs UCEQX

Best Risk-Adjusted Alternatives to ANEFX

ANEFX has a PortfoliosLab risk / return rank of 69. There are 68 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAFX	LSV Global Managed Volatility Fund	97	—	Jun 2014	ANEFX vs LVAFX
LVAGX	LSV Global Value Fund	97	—	Jun 2014	ANEFX vs LVAGX
FMIEX	Wasatch Global Value Fund Investor Class Shares	97	—	Sep 1996	ANEFX vs FMIEX
PGVFX	Polaris Global Value Fund	97	—	May 1998	ANEFX vs PGVFX
EPSYX	MainStay Epoch Global Equity Yield Fund	96	—	Dec 2005	ANEFX vs EPSYX

Top Performing ANEFX Alternatives (YTD)

ANEFX is at 15.44% YTD. There are 28 mutual funds in the Global Equities category with higher YTD returns, going as high as 25.53%.

Symbol	Name	YTD Return	AUM	Inception
YFSIX	AMG Yacktman Global Fund	25.53%	—	Jan 2017	ANEFX vs YFSIX
YFSNX	AMG Yacktman Global Fund Class N	25.34%	—	—	ANEFX vs YFSNX
PGTIX	T. Rowe Price Global Technology Fund I Class	25.18%	—	Nov 2016	ANEFX vs PGTIX
LVAGX	LSV Global Value Fund	24.72%	—	Jun 2014	ANEFX vs LVAGX
PGVFX	Polaris Global Value Fund	22.80%	—	May 1998	ANEFX vs PGVFX

Lowest Volatility Alternatives to ANEFX

ANEFX has 20.45% 1-year volatility. There are 227 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
MBXAX	Catalyst/Millburn Hedge Strategy Fund	6.90%	—	Dec 2015	ANEFX vs MBXAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	6.93%	—	Dec 1996	ANEFX vs MBXIX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.97%	2.00B	Dec 2013	ANEFX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	6.99%	2.00B	Dec 2013	ANEFX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.41%	—	Jul 2006	ANEFX vs SVTAX

Lowest Drawdown Alternatives to ANEFX

ANEFX has a 1-year max drawdown of -13.35%. There are 204 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -3.85%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	-3.85%	—	Dec 1996	ANEFX vs MBXIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	-3.89%	—	Dec 2015	ANEFX vs MBXAX
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	ANEFX vs RTXAX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	ANEFX vs LVAFX
SGMAX	SEI Institutional Investments Trust Global Managed...	-5.88%	—	Jan 2016	ANEFX vs SGMAX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.43%	—	Jul 1975	ANEFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	9.73%	—	Jan 1934	ANEFX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	55	8.99%	—	Jul 1952	ANEFX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	19	5.80%	—	Dec 1973	ANEFX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	10.30%	—	May 2009	ANEFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	61	13.21%	—	Aug 1978	ANEFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	23	4.94%	—	Mar 1973	ANEFX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	5.73%	—	Dec 1973	ANEFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.35%	—	Dec 1973	ANEFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	17	4.76%	—	Jan 1967	ANEFX vs AMCPX

Often Compared With ANEFX

Investors most often compare ANEFX with AGTHX, SPY, VTI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	18	5.61%	—	Dec 1973	ANEFX vs AGTHX
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	ANEFX vs SPY
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	78	12.18%	2.30T	May 2001	ANEFX vs VTI
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.36%	104.16B	Oct 2011	ANEFX vs SCHD
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	59	10.10%	1.70T	Nov 2000	ANEFX vs VFIAX
^GSPC	S&P 500 Index		79	11.03%	—	—	ANEFX vs ^GSPC
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	58	10.51%	—	—	ANEFX vs FSKAX
AGVHX	American Funds Global Insight Fund	Global Equities	45	10.25%	—	Mar 2011	ANEFX vs AGVHX
MGOYX	Victory Munder Mid-Cap Core Growth Fund	Mid Cap Growth Equities	74	21.00%	—	Jun 1998	ANEFX vs MGOYX
LGRRX	Loomis Sayles Growth Fund	Large Cap Growth Equities	4	-4.72%	—	Feb 2013	ANEFX vs LGRRX
AIVGX	American Funds International Vantage Fund	Foreign Large Cap Equities	33	8.00%	—	Mar 2011	ANEFX vs AIVGX
DWGAX	American Funds Developing World Growth and Income ...	Emerging Markets Equities	65	16.40%	—	Feb 2014	ANEFX vs DWGAX
DIA	State Street SPDR Dow Jones Industrial Average ETF...	Large Cap Blend Equities	78	11.40%	44.89B	Jan 1998	ANEFX vs DIA
FOCPX	Fidelity OTC Portfolio	Large Cap Growth Equities	72	19.65%	—	Dec 1984	ANEFX vs FOCPX
NEWFX	American Funds New World Fund	Emerging Markets Equities	55	13.83%	—	Jun 1999	ANEFX vs NEWFX
MFWIX	MFS Global Total Return Fund Class I	Global Equities	73	7.93%	—	Sep 1990	ANEFX vs MFWIX
PRJZX	PGIM Jennison Global Opportunities Fund	Global Equities	4	-1.82%	—	Mar 2012	ANEFX vs PRJZX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	Quality Factor, Global Equities	27	8.04%	—	Mar 2019	ANEFX vs GQRIX
FATIX	Fidelity Advisor Technology Fund Class I	Technology Equities	—	—	—	Sep 1996	ANEFX vs FATIX
VT	Vanguard Total World Stock ETF	Global Equities	77	12.40%	97.00B	Jun 2008	ANEFX vs VT

Compare ANEFX with Any Fund or Stock

Compare ANEFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair ANEFX with funds that move differently

American Funds The New Economy Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ANEFX.

Explore ANEFX Diversifiers

American Funds The New Economy Fund Class A (ANEFX) Alternatives