American Funds The New Economy Fund (ANEFX) Alternatives

American Funds The New Economy Fund (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 funds that fit a different role in your portfolio.

Cheapest Alternatives to ANEFX

ANEFX charges 0.75% annually. Among mutual funds in the Global Equities category, these options have the lowest expense ratios among ANEFX alternatives.

Symbol	Name	Expense Ratio	Inception
GMGEX	GMO Global Equity Allocation Fund	0.01%	Nov 25, 1996	ANEFX vs GMGEX
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	Jun 15, 2005	ANEFX vs GWOAX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	Sep 17, 2014	ANEFX vs SSGLX
UCEQX	USAA Cornerstone Equity Fund	0.09%	Jun 7, 2012	ANEFX vs UCEQX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	0.14%	Dec 12, 2013	ANEFX vs VMNVX

Best Risk-Adjusted Alternatives to ANEFX

Among mutual funds in the Global Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
VGPMX	Vanguard Global Capital Cycles Fund	97	May 23, 1984	ANEFX vs VGPMX
CAEIX	Calvert Global Energy Solutions Fund	94	May 30, 2007	ANEFX vs CAEIX
GCCHX	GMO Climate Change Fund	94	Apr 4, 2017	ANEFX vs GCCHX
ARTHX	Artisan Global Equity Fund	93	Mar 28, 2010	ANEFX vs ARTHX
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	93	—	ANEFX vs GLIFX

Top Performing ANEFX Alternatives (YTD)

ANEFX alternatives from the Global Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
RTXAX	Russell Investment Tax-Managed Real Assets Fund	11.49%	Jun 9, 2019	ANEFX vs RTXAX
GQFPX	GQG Partners Global Quality Dividend Income Fund	9.67%	Jun 29, 2021	ANEFX vs GQFPX
FGIAX	Nuveen Global Infrastructure Fund Class A	9.53%	Dec 17, 2007	ANEFX vs FGIAX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	8.35%	Aug 28, 2017	ANEFX vs CSUAX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	7.75%	Mar 29, 2019	ANEFX vs GQRIX

Lowest Volatility Alternatives to ANEFX

ANEFX alternatives from the Global Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
MFWIX	MFS Global Total Return Fund Class I	8.85%	Sep 4, 1990	ANEFX vs MFWIX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	10.02%	Dec 12, 2013	ANEFX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	10.05%	Dec 12, 2013	ANEFX vs VMNVX
MVGIX	MFS Low Volatility Global Equity Fund	10.51%	Dec 4, 2013	ANEFX vs MVGIX
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	10.71%	—	ANEFX vs GLIFX

Lowest Drawdown Alternatives to ANEFX

ANEFX alternatives from the Global Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
MFWIX	MFS Global Total Return Fund Class I	-6.85%	Sep 4, 1990	ANEFX vs MFWIX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	-7.93%	Dec 12, 2013	ANEFX vs VMNVX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	-7.96%	Dec 12, 2013	ANEFX vs VMVFX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	-7.98%	Aug 28, 2017	ANEFX vs CSUAX
FGIAX	Nuveen Global Infrastructure Fund Class A	-8.29%	Dec 17, 2007	ANEFX vs FGIAX

Other Mutual Funds from American Funds

Most popular American Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	81	-2.86%	Jul 26, 1975	ANEFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	48	-7.68%	Jan 1, 1934	ANEFX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	-11.15%	Dec 1, 1973	ANEFX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	-5.27%	Jul 31, 1952	ANEFX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	57	-5.45%	—	ANEFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	70	-6.13%	Jan 8, 1978	ANEFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	38	-8.14%	Mar 13, 1973	ANEFX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	29	-11.18%	Dec 1, 1973	ANEFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend, Actively Managed	81	1.48%	Dec 1, 1973	ANEFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	23	-11.82%	Jan 5, 1967	ANEFX vs AMCPX

Often Compared With ANEFX

What investors most often compare with ANEFX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	29	-11.22%	Dec 1, 1973	ANEFX vs AGTHX
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	ANEFX vs SPY
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	65	-4.01%	Jun 27, 2016	ANEFX vs VTI
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	ANEFX vs SCHD
VFIAX	Vanguard 500 Index Fund Admiral Shares	Large Cap Blend Equities	46	-7.06%	Nov 13, 2000	ANEFX vs VFIAX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	45	-6.77%	—	ANEFX vs FSKAX
^GSPC	S&P 500 Index		74	-4.63%	—	ANEFX vs ^GSPC
AGVHX	American Funds Global Insight Fund	Global Equities	48	-6.34%	Mar 31, 2011	ANEFX vs AGVHX
DIA	SPDR Dow Jones Industrial Average ETF	Large Cap Growth Equities	47	-3.25%	Jan 14, 1998	ANEFX vs DIA
FOCPX	Fidelity OTC Portfolio	Large Cap Growth Equities	74	-7.78%	Dec 31, 1984	ANEFX vs FOCPX
MGOYX	Victory Munder Mid-Cap Core Growth Fund	Mid Cap Growth Equities	61	2.25%	Jun 24, 1998	ANEFX vs MGOYX
AIVGX	American Funds International Vantage Fund	Foreign Large Cap Equities	33	-5.48%	Mar 31, 2011	ANEFX vs AIVGX
LGRRX	Loomis Sayles Growth Fund	Large Cap Growth Equities	9	-14.90%	Feb 1, 2013	ANEFX vs LGRRX
DWGAX	American Funds Developing World Growth and Income ...	Emerging Markets Diversified	82	-0.72%	Feb 2, 2014	ANEFX vs DWGAX
AVDV	Avantis International Small Cap Value ETF	Foreign Small & Mid Cap Equities	96	6.39%	Sep 24, 2019	ANEFX vs AVDV
VT	Vanguard Total World Stock ETF	Global Equities	77	-1.71%	Jun 24, 2008	ANEFX vs VT
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	46	-6.75%	Nov 13, 2000	ANEFX vs VTSAX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	Large Cap Growth Equities	64	-4.69%	Feb 7, 2019	ANEFX vs VTWAX
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	93	5.51%	Feb 25, 2016	ANEFX vs VYMI
FATIX	Fidelity Advisor Technology Fund Class I	Technology Equities	—	—	Sep 3, 1996	ANEFX vs FATIX

Compare ANEFX with Any Fund or Stock

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

Symbol name

American Funds The New Economy Fund

Symbol name