NEWFX Alternatives & Similar Mutual Funds

American Funds New World Fund (NEWFX) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NEWFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NEWFX

NEWFX charges 0.96% annually. There are 67 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	NEWFX vs FHKFX
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	NEWFX vs FEMSX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	NEWFX vs VEMIX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	NEWFX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	NEWFX vs FPADX

Best Risk-Adjusted Alternatives to NEWFX

NEWFX has a PortfoliosLab risk / return rank of 53. There are 141 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
LZEMX	Lazard Emerging Markets Equity Portfolio	94	—	Jul 1994	NEWFX vs LZEMX
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	94	—	—	NEWFX vs RLEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	92	—	Oct 2011	NEWFX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	91	—	Jun 1996	NEWFX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	91	—	Jun 1996	NEWFX vs DEMAX

Top Performing NEWFX Alternatives (YTD)

NEWFX is at 11.63% YTD. There are 165 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 68.59%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	68.59%	—	Jun 1996	NEWFX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	68.34%	—	Jun 1996	NEWFX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	67.60%	—	Jun 1996	NEWFX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	50.59%	—	Nov 2021	NEWFX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	37.39%	—	Oct 2021	NEWFX vs GMAQX

Lowest Volatility Alternatives to NEWFX

NEWFX has 17.73% 1-year volatility. There are 49 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.88%	—	Dec 2016	NEWFX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	NEWFX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	NEWFX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	NEWFX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	NEWFX vs FGKPX

Lowest Drawdown Alternatives to NEWFX

NEWFX has a 1-year max drawdown of -13.03%. There are 68 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -5.70%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	-5.70%	—	Oct 2011	NEWFX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	NEWFX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	NEWFX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	NEWFX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	NEWFX vs COBYX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	79	8.24%	—	Jul 1975	NEWFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	39	8.17%	—	Jan 1934	NEWFX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	60	9.02%	—	Jul 1952	NEWFX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	20	4.58%	—	Dec 1973	NEWFX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	51	9.58%	—	May 2009	NEWFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	65	12.13%	—	Aug 1978	NEWFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	3.99%	—	Mar 1973	NEWFX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	4.51%	—	Dec 1973	NEWFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.47%	—	Dec 1973	NEWFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	16	2.86%	—	Jan 1967	NEWFX vs AMCPX

Often Compared With NEWFX

Investors most often compare NEWFX with AEPGX, FNWFX, SMCWX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AEPGX	American Funds EuroPacific Growth Fund Class A	Foreign Large Cap Equities	48	9.37%	—	Apr 1984	NEWFX vs AEPGX
FNWFX	American Funds New World Fund Class F-3	Emerging Markets Equities	55	11.86%	—	Jun 1999	NEWFX vs FNWFX
SMCWX	American Funds SMALLCAP World Fund Class A	Foreign Small & Mid Cap Equities, Mid Cap Growth Equities	30	9.99%	—	Apr 1990	NEWFX vs SMCWX
DFCEX	DFA Emerging Markets Core Equity Fund	Emerging Markets Equities	49	12.45%	36.43B	Apr 2005	NEWFX vs DFCEX
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	NEWFX vs SPY
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	67	10.49%	2.30T	May 2001	NEWFX vs VTI
MAIIX	iShares MSCI EAFE International Index Fund	Foreign Large Cap Equities	69	12.76%	—	Apr 1997	NEWFX vs MAIIX
VTPSX	Vanguard Total International Stock Index Fund Inst...	Foreign Large Cap Equities	72	12.79%	651.00B	Nov 2010	NEWFX vs VTPSX
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	64	9.87%	2.30T	Nov 2000	NEWFX vs VTSAX
CGNG	Capital Group New Geography Equity ETF	Emerging Markets Equities	51	11.71%	2.72B	Jun 2024	NEWFX vs CGNG
SWTSX	Schwab Total Stock Market Index Fund	Large Cap Blend Equities	63	9.82%	44.09B	Jun 1999	NEWFX vs SWTSX
AEMGX	Acadian Emerging Markets Portfolio	Emerging Markets Equities	55	18.01%	—	Jun 1993	NEWFX vs AEMGX
DWGAX	American Funds Developing World Growth and Income ...	Emerging Markets Equities	57	13.22%	—	Feb 2014	NEWFX vs DWGAX
ANEFX	American Funds The New Economy Fund Class A	Global Equities, Actively Managed	72	14.11%	—	Dec 1983	NEWFX vs ANEFX
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	51	9.41%	163.30B	Mar 2005	NEWFX vs VWO
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Equities	88	19.88%	—	May 2021	NEWFX vs DODEX
VT	Vanguard Total World Stock ETF	Global Equities	70	11.15%	97.00B	Jun 2008	NEWFX vs VT
MIAQX	American Funds Multi-Sector Income Fund	Multisector Bonds	36	0.10%	—	Mar 2019	NEWFX vs MIAQX
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	Emerging Markets Equities	39	7.78%	163.30B	Jun 2006	NEWFX vs VEMAX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	Emerging Markets Equities	77	19.01%	—	May 2018	NEWFX vs EMPTX

Compare NEWFX with Any Fund or Stock

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

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Diversifiers

Pair NEWFX with funds that move differently

American Funds New World Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NEWFX.

Explore NEWFX Diversifiers

American Funds New World Fund (NEWFX) Alternatives