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American Funds New World Fund (NEWFX) belongs to the Emerging Markets Diversified 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 50 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.


Best Risk-Adjusted Alternatives to NEWFX

NEWFX has a PortfoliosLab risk / return rank of 65. There are 141 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.


Top Performing NEWFX Alternatives (YTD)

NEWFX is at 17.42% YTD. There are 144 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 112.88%.


Lowest Volatility Alternatives to NEWFX

NEWFX has 14.73% 1-year volatility. There are 26 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.37%.


Lowest Drawdown Alternatives to NEWFX

NEWFX has a 1-year max drawdown of -13.03%. There are 72 mutual funds in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -5.70%.


Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, RGAGX and span 6 categories.


Often Compared With NEWFX

Investors most often compare NEWFX with AEPGX, FNWFX, SMCWX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
American Funds EuroPacific Growth Fund Class AForeign Large Cap Equities
40
12.18%
Apr 1984NEWFX vs AEPGX
American Funds New World Fund Class F-3Emerging Markets Diversified
66
17.60%
Jun 1999NEWFX vs FNWFX
American Funds SMALLCAP World Fund Class AForeign Small & Mid Cap Equities, Mid Cap Growth Equities
35
12.78%
Apr 1990NEWFX vs SMCWX
DFA Emerging Markets Core Equity FundEmerging Markets Diversified
89
25.19%
Apr 2005NEWFX vs DFCEX
State Street SPDR S&P 500 ETFS&P 500
70
10.91%
781.00BJan 1993NEWFX vs SPY
Vanguard Total Stock Market ETFLarge Cap Blend Equities
68
11.20%
2.20TMay 2001NEWFX vs VTI
iShares MSCI EAFE International Index FundForeign Large Cap Equities
26
9.66%
Apr 1997NEWFX vs MAIIX
Vanguard Total Stock Market Index Fund Admiral Sha...Large Cap Blend Equities
71
11.98%
2.20TNov 2000NEWFX vs VTSAX
Vanguard Total International Stock Index Fund Inst...Foreign Large Cap Equities
59
15.42%
629.30BNov 2010NEWFX vs VTPSX
Schwab Total Stock Market Index FundLarge Cap Blend Equities
71
12.02%
43.45BJun 1999NEWFX vs SWTSX
Capital Group New Geography Equity ETFEmerging Markets Diversified
58
16.04%
2.35BJun 2024NEWFX vs CGNG
Acadian Emerging Markets PortfolioEmerging Markets Diversified
89
33.83%
Jun 1993NEWFX vs AEMGX
American Funds Developing World Growth and Income ...Emerging Markets Diversified
83
22.10%
Feb 2014NEWFX vs DWGAX
Vanguard FTSE Emerging Markets ETFEmerging Markets Equities
56
12.22%
159.90BMar 2005NEWFX vs VWO
American Funds The New Economy FundGlobal Equities
88
22.90%
Nov 1983NEWFX vs ANEFX
Dodge & Cox Emerging Markets Stock FundEmerging Markets Diversified
94
25.77%
May 2021NEWFX vs DODEX
Vanguard Total World Stock ETFGlobal Equities
67
12.24%
90.20BJun 2008NEWFX vs VT
Vanguard Emerging Markets Stock Index Fund Admiral...Emerging Markets Equities
59
13.97%
159.90BJun 2006NEWFX vs VEMAX
iShares Core S&P 500 ETFS&P 500
70
10.85%
854.92BMay 2000NEWFX vs IVV
abrdn Emerging Markets ex-China FundEmerging Markets Diversified
96
46.58%
Aug 2000NEWFX vs GLLSX

Compare NEWFX with Any Fund or Stock

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


 

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