- ISIN
- US6418681044
- CUSIP
- 641868104
- Issuer
- New Alternatives
- Inception Date
- Sep 2, 1982
- Category
- Global Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
NALFX Performance Chart
New Alternatives Fund (NALFX) is up 17.8% since the beginning of the year. NALFX is currently trading at $91 per share. Investors who bought $1,000 worth of NALFX shares 5 years ago would now be looking at an investment worth $1,167.
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Returns By Period
New Alternatives Fund (NALFX) has returned 17.77% so far this year and 30.18% over the past 12 months. Over the last ten years, NALFX has returned 10.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
New Alternatives Fund
- 1D
- 1.54%
- 1M
- 0.27%
- YTD
- 17.77%
- 6M
- 17.61%
- 1Y
- 30.18%
- 3Y*
- 9.77%
- 5Y*
- 3.13%
- 10Y*
- 10.91%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NALFX Monthly Returns History
Based on dividend-adjusted daily data since Sep 3, 1982, NALFX's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.
Historically, 59% of months were positive and 41% were negative. The best month was Jan 2000 with a return of +18.2%, while the worst month was Oct 2008 at -29.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NALFX closed higher 47% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Oct 23, 1987 at -16.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.67% | 7.33% | -3.59% | 7.32% | 2.32% | -0.97% | 17.77% | ||||||
| 2025 | -1.90% | 4.72% | 2.66% | 2.70% | 5.26% | 4.68% | 1.15% | 0.27% | 2.08% | 3.59% | 0.05% | 0.04% | 28.13% |
| 2024 | -6.48% | -3.85% | 4.54% | -2.42% | 12.23% | -6.68% | 3.76% | 2.63% | 7.37% | -6.60% | -1.82% | -6.70% | -6.03% |
| 2023 | 6.26% | -5.41% | 4.24% | -0.45% | -4.42% | 2.09% | 0.47% | -7.21% | -10.30% | -5.49% | 12.12% | 8.11% | -2.49% |
| 2022 | -6.91% | 3.67% | 2.09% | -8.45% | 3.06% | -5.20% | 6.57% | -2.40% | -14.32% | 1.93% | 9.39% | -3.92% | -15.87% |
| 2021 | 1.73% | -7.65% | 2.66% | 0.57% | -0.15% | -0.37% | 1.15% | 2.68% | -7.74% | 7.98% | -5.17% | 0.57% | -4.78% |
Benchmark Metrics
New Alternatives Fund has an annualized alpha of 2.00%, beta of 0.62, and R2 of 0.40 versus S&P 500 Index. Calculated based on daily prices since September 03, 1982.
- This fund participated in 90.85% of S&P 500 Index downside but only 81.78% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.62 may look defensive, but with R2 of 0.40 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 0.40 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.00%
- Beta
- 0.62
- R²
- 0.40
- Upside Capture
- 81.78%
- Downside Capture
- 90.85%
Expense Ratio
NALFX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NALFX ranks 59 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for New Alternatives Fund (NALFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NALFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.97 | 2.78 | +1.19 |
| Martin ratioReturn relative to average drawdown | 11.61 | 12.44 | -0.82 |
Dividends
Dividend History
New Alternatives Fund provided a 0.99% dividend yield over the last twelve months, with an annual payout of $0.90 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.90 | $0.90 | $1.24 | $2.94 | $3.27 | $4.51 | $4.78 | $3.49 | $3.21 | $2.31 | $1.77 | $0.79 |
Dividend yield | 0.99% | 1.17% | 2.04% | 4.47% | 4.63% | 5.14% | 4.93% | 5.55% | 6.62% | 4.16% | 3.71% | 1.71% |
Monthly Dividends
The table displays the monthly dividend distributions for New Alternatives Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.24 | $1.24 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.94 | $2.94 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.27 | $3.27 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.51 | $4.51 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the New Alternatives Fund. 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 was 59.67%, occurring on Oct 27, 2008. Recovery took 1626 trading sessions.
The current New Alternatives Fund drawdown is 1.23%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -59.67%Oct 2008 | 11mo 24d | 6y 5mo | 7y 5moNov 2007 - Apr 2015 |
Dot-com crash2000–2002 | -53.84%Oct 2002 | 1y 4mo | 3y 6mo | 4y 11moMay 2001 - Apr 2006 |
2023 bear market2023 | -42.35%Oct 2023 | 2y 8mo | 2y 7mo | 5y 3moJan 2021 - May 2026 |
COVID crash2020 | -34.32%Mar 2020 | 28d | 3mo 26d | 4mo 24dFeb 2020 - Jul 2020 |
1998 bear market1998 | -30.59%Oct 1998 | 6mo 8d | 1y 3mo | 1y 9moApr 1998 - Jan 2000 |
Drawdown Indicators
| NALFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.67% | -56.78% | -2.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.53% | -9.10% | +1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -24.35% | -18.90% | -5.45% |
Max Drawdown (5Y)Largest decline over 5 years | -38.03% | -25.43% | -12.60% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -33.92% | -8.43% |
Current DrawdownCurrent decline from peak | -1.23% | -1.80% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -14.82% | -10.71% | -4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 2.03% | +0.54% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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