American Funds New World Fund Class F-3 (FNWFX) Alternatives

American Funds New World Fund Class F-3 (FNWFX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FNWFX. 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 FNWFX

FNWFX charges 0.57% annually. Among mutual funds in the Emerging Markets Diversified category, these options have the lowest expense ratios among FNWFX alternatives.

Symbol	Name	Expense Ratio	Inception
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	Jan 4, 2016	FNWFX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	Sep 8, 2011	FNWFX vs FPADX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	Jul 31, 2019	FNWFX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	Dec 17, 2015	FNWFX vs SSKEX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	0.19%	May 30, 2018	FNWFX vs EMPTX

Best Risk-Adjusted Alternatives to FNWFX

Among mutual funds in the Emerging Markets Diversified 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
DEMIX	Delaware Emerging Markets Fund	97	Jun 9, 1996	FNWFX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	96	Jan 9, 2018	FNWFX vs LCSMX
LZEMX	Lazard Emerging Markets Equity Portfolio	96	Jul 14, 1994	FNWFX vs LZEMX
BEMIX	Brandes Emerging Markets Fund	96	Jan 30, 2011	FNWFX vs BEMIX
FQEMX	Franklin Templeton SMACS: Series EM	95	Nov 21, 2021	FNWFX vs FQEMX

Top Performing FNWFX Alternatives (YTD)

FNWFX alternatives from the Emerging Markets Diversified category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
DEMIX	Delaware Emerging Markets Fund	13.36%	Jun 9, 1996	FNWFX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	9.17%	Jan 9, 2018	FNWFX vs LCSMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	8.91%	Oct 3, 2011	FNWFX vs ESCIX
FQEMX	Franklin Templeton SMACS: Series EM	8.67%	Nov 21, 2021	FNWFX vs FQEMX
CEMFX	Cullen Emerging Markets High Dividend Fund	6.79%	Aug 30, 2012	FNWFX vs CEMFX

Lowest Volatility Alternatives to FNWFX

FNWFX alternatives from the Emerging Markets Diversified category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	10.20%	Dec 20, 2020	FNWFX vs BADEX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	11.89%	May 26, 2008	FNWFX vs HLFMX
EAEMX	Parametric Emerging Markets Fund	12.06%	Jun 29, 2006	FNWFX vs EAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	12.26%	Jun 29, 1998	FNWFX vs EITEX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	12.26%	Nov 3, 2013	FNWFX vs EFEIX

Lowest Drawdown Alternatives to FNWFX

FNWFX alternatives from the Emerging Markets Diversified category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	Dec 20, 2020	FNWFX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	Jun 30, 2009	FNWFX vs COBYX
GQGPX	GQG Partners Emerging Markets Equity Fund	-9.12%	Dec 27, 2016	FNWFX vs GQGPX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-9.38%	Sep 30, 2007	FNWFX vs WAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	-9.88%	Jun 29, 1998	FNWFX vs EITEX

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

Often Compared With FNWFX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NEWFX	American Funds New World Fund	Emerging Markets Diversified	69	-4.07%	Jun 16, 1999	FNWFX vs NEWFX
AGDAX	AB High Income Fund	High Yield Bonds	81	-1.79%	Feb 25, 1994	FNWFX vs AGDAX
ACWDX	AMG GW&K Small/Mid Cap Growth Fund	Small Cap Growth Equities	11	-2.84%	Nov 3, 2010	FNWFX vs ACWDX
BLPIX	ProFunds Bull Investor Fund	Leveraged Equities, Leveraged	32	-7.48%	Nov 30, 1997	FNWFX vs BLPIX
ABTYX	AB High Income Municipal Portfolio	High Yield Muni	25	-0.97%	Jan 25, 2010	FNWFX vs ABTYX
FSCDX	Fidelity Advisor Small Cap Fund Class A	Small Cap Blend Equities	60	0.63%	Sep 9, 1998	FNWFX vs FSCDX
DXSLX	Direxion Monthly S&P 500 Bull 1.75X Fund	Leveraged Equities, S&P 500	31	-13.57%	May 1, 2006	FNWFX vs DXSLX
MCSIX	MFS Commodity Strategy Fund	Commodities	90	20.44%	Jun 1, 2010	FNWFX vs MCSIX
FSCNX	Fidelity Advisor Asset Manager 60% Fund Class C	Diversified Portfolio	64	-2.81%	Oct 9, 2007	FNWFX vs FSCNX
RYTIX	Rydex Technology Fund	Technology Equities	50	-10.83%	Apr 13, 1998	FNWFX vs RYTIX
RNWGX	American Funds New World Fund® Class R-6	Emerging Markets Diversified	71	-3.98%	Aug 1, 2008	FNWFX vs RNWGX
PRMSX	T. Rowe Price Emerging Markets Stock Fund	Emerging Markets Diversified	80	-0.54%	Mar 30, 1995	FNWFX vs PRMSX
FKIDX	Fidelity Diversified International K6 Fund	Foreign Large Cap Equities	42	-3.78%	May 25, 2017	FNWFX vs FKIDX
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	FNWFX vs SPY
ODVIX	Invesco Developing Markets Fund Class R6	Emerging Markets Equities	78	0.09%	Dec 29, 2011	FNWFX vs ODVIX
^GSPC	S&P 500 Index		74	-4.63%	—	FNWFX vs ^GSPC
CGIE	Capital Group International Equity ETF	Foreign Large Cap Equities, Actively Managed	54	-2.87%	Sep 26, 2023	FNWFX vs CGIE
DFEVX	DFA Emerging Markets Value Portfolio	Emerging Markets Diversified	87	1.99%	Mar 31, 1998	FNWFX vs DFEVX
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	Emerging Markets Equities	66	-2.51%	Jun 23, 2006	FNWFX vs VEMAX
DODFX	Dodge & Cox International Stock Fund	Foreign Large Cap Equities, Large Cap Value Equities	80	-1.76%	—	FNWFX vs DODFX

Compare FNWFX with Any Fund or Stock

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

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American Funds New World Fund Class F-3

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