New Alternatives Fund Investor Class (NAEFX)

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The chart shows the growth of an initial investment of $10,000 in New Alternatives Fund Investor Class, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

New Alternatives Fund Investor Class (NAEFX) has returned 5.61% so far this year and 28.07% over the past 12 months. Over the last ten years, NAEFX has returned 9.82% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, NAEFX's average daily return is +0.04%, while the average monthly return is +0.93%. At this rate, your investment would double in approximately 6.2 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +14.3%, while the worst month was Mar 2020 at -15.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NAEFX closed higher 53% of trading days. The best single day was Mar 17, 2020 with a return of +8.4%, while the worst single day was Mar 12, 2020 at -12.5%.

New Alternatives Fund Investor Class has an annualized alpha of 2.40%, beta of 0.69, and R² of 0.47 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participated in 76.26% of S&P 500 Index downside but only 73.70% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.69 may look defensive, but with R² of 0.47 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.47 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

NAEFX has a high expense ratio of 1.28%, indicating above-average management fees.

NAEFX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for New Alternatives Fund Investor Class (NAEFX) and compare them to a chosen benchmark (S&P 500 Index).

New Alternatives Fund Investor Class provided a 0.88% dividend yield over the last twelve months, with an annual payout of $0.71 per share.

The table displays the monthly dividend distributions for New Alternatives Fund Investor Class. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the New Alternatives Fund Investor Class. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the New Alternatives Fund Investor Class was 42.74%, occurring on Oct 3, 2023. The portfolio has not yet recovered.

The current New Alternatives Fund Investor Class drawdown is 10.77%.

The chart below shows the rolling one-month volatility.