American Funds New World Fund (NEWFX)

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American Funds New World Fund (NEWFX) is up 16.6% since the beginning of the year. NEWFX is currently trading at $109 per share. Investors who bought $1,000 worth of NEWFX shares 5 years ago would now be looking at an investment worth $1,377.

American Funds New World Fund (NEWFX) has returned 16.61% so far this year and 35.41% over the past 12 months. Over the last ten years, NEWFX has returned 10.92% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jun 17, 1999, NEWFX's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.

Historically, 62% of months were positive and 38% were negative. The best month was May 2009 with a return of +14.1%, while the worst month was Oct 2008 at -25.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, NEWFX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.2%, while the worst single day was Mar 16, 2020 at -10.1%.

American Funds New World Fund has an annualized alpha of 4.00%, beta of 0.69, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since June 18, 1999.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (99.52%) than losses (91.13%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 4.00% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.69 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

NEWFX has a high expense ratio of 0.96%, indicating above-average management fees.

NEWFX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and compare them to S&P 500 Index.

American Funds New World Fund provided a 4.89% dividend yield over the last twelve months, with an annual payout of $5.32 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for American Funds New World Fund. 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 American Funds New World 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 American Funds New World Fund was 56.71%, occurring on Nov 20, 2008. Recovery took 1115 trading sessions.

The chart below shows the rolling one-month volatility.