New Alternatives Fund Investor Class (NAEFX) belongs to the Alternative Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NAEFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NAEFX
NAEFX charges 1.28% annually. There are 3 mutual funds in the Alternative Energy Equities category with lower expense ratios, going as low as 0.69%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Environment and Alternative Energy Fund | 0.69% | — | Jun 1989 | NAEFX vs FSLEX | |
| Impax Global Environmental Markets Fund Institutio... | 0.90% | — | Mar 2008 | NAEFX vs PGINX | |
| Goldman Sachs Clean Energy Income Fund Class A Sha... | 1.26% | — | Jun 2020 | NAEFX vs GCEBX | |
| Firsthand Alternative Energy Fund | 1.98% | — | Oct 2007 | NAEFX vs ALTEX | |
| Guinness Atkinson Alternative Energy Fund | 1.98% | — | Mar 2006 | NAEFX vs GAAEX |
Best Risk-Adjusted Alternatives to NAEFX
NAEFX has a PortfoliosLab risk / return rank of 48. There is 1 mutual fund in the Alternative Energy Equities category with a higher risk-adjusted rank, going as high as 53.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Clean Energy Income Fund Class A Sha... | 53 | — | Jun 2020 | NAEFX vs GCEBX | |
| Fidelity Environment and Alternative Energy Fund | 31 | — | Jun 1989 | NAEFX vs FSLEX | |
| Impax Global Environmental Markets Fund Institutio... | 30 | — | Mar 2008 | NAEFX vs PGINX | |
| Guinness Atkinson Alternative Energy Fund | 24 | — | Mar 2006 | NAEFX vs GAAEX | |
| Firsthand Alternative Energy Fund | 13 | — | Oct 2007 | NAEFX vs ALTEX |
Top Performing NAEFX Alternatives (YTD)
NAEFX is at 13.10% YTD. There are 2 mutual funds in the Alternative Energy Equities category with higher YTD returns, going as high as 27.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Firsthand Alternative Energy Fund | 27.78% | — | Oct 2007 | NAEFX vs ALTEX | |
| Impax Global Environmental Markets Fund Institutio... | 15.75% | — | Mar 2008 | NAEFX vs PGINX | |
| Goldman Sachs Clean Energy Income Fund Class A Sha... | 11.81% | — | Jun 2020 | NAEFX vs GCEBX | |
| Fidelity Environment and Alternative Energy Fund | 9.99% | — | Jun 1989 | NAEFX vs FSLEX | |
| Guinness Atkinson Alternative Energy Fund | 8.82% | — | Mar 2006 | NAEFX vs GAAEX |
Lowest Volatility Alternatives to NAEFX
NAEFX has 15.44% 1-year volatility. No mutual funds in the Alternative Energy Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 17.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Impax Global Environmental Markets Fund Institutio... | 17.15% | — | Mar 2008 | NAEFX vs PGINX | |
| Goldman Sachs Clean Energy Income Fund Class A Sha... | 18.34% | — | Jun 2020 | NAEFX vs GCEBX | |
| Fidelity Environment and Alternative Energy Fund | 18.51% | — | Jun 1989 | NAEFX vs FSLEX | |
| Guinness Atkinson Alternative Energy Fund | 21.52% | — | Mar 2006 | NAEFX vs GAAEX | |
| Firsthand Alternative Energy Fund | 45.33% | — | Oct 2007 | NAEFX vs ALTEX |
Lowest Drawdown Alternatives to NAEFX
NAEFX has a 1-year max drawdown of -7.54%. No mutual funds in the Alternative Energy Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -11.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Environment and Alternative Energy Fund | -11.41% | — | Jun 1989 | NAEFX vs FSLEX | |
| Impax Global Environmental Markets Fund Institutio... | -11.49% | — | Mar 2008 | NAEFX vs PGINX | |
| Guinness Atkinson Alternative Energy Fund | -14.57% | — | Mar 2006 | NAEFX vs GAAEX | |
| Goldman Sachs Clean Energy Income Fund Class A Sha... | -14.66% | — | Jun 2020 | NAEFX vs GCEBX | |
| Firsthand Alternative Energy Fund | -30.94% | — | Oct 2007 | NAEFX vs ALTEX |
Other Mutual Funds from New Alternatives
The 1 most viewed New Alternatives mutual funds shown here include NALFX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| New Alternatives Fund | Global Equities | 50 | 13.25% | — | Sep 1982 | NAEFX vs NALFX |
Often Compared With NAEFX
Investors most often compare NAEFX with VTSAX, VMSAX. These 2 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund Admiral Sha... | Large Cap Blend Equities | 59 | 10.50% | 2.30T | Nov 2000 | NAEFX vs VTSAX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | Multisector Bonds | 28 | 0.95% | — | Oct 2021 | NAEFX vs VMSAX |
Compare NAEFX with Any Fund or Stock
Compare NAEFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NAEFX with funds that move differently
New Alternatives Fund Investor Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NAEFX.
Explore NAEFX Diversifiers