NEWFX Alternatives & Similar Mutual Funds

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%.

Symbol	Name	Expense Ratio	AUM	Inception
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	NEWFX vs FPADX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	NEWFX vs FERGX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	—	Jul 2019	NEWFX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	—	Dec 2015	NEWFX vs SSKEX
EMPTX	UBS Emerging Markets Equity Opportunity Fund	0.19%	—	May 2018	NEWFX vs EMPTX

Best Risk-Adjusted Alternatives to NEWFX

NEWFX has a PortfoliosLab risk / return rank of 64. There are 141 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
FQEMX	Franklin Templeton SMACS: Series EM	98	—	Nov 2021	NEWFX vs FQEMX
DEMIX	Delaware Emerging Markets Fund	98	—	Jun 1996	NEWFX vs DEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	98	—	Jan 2018	NEWFX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	97	—	Oct 2021	NEWFX vs GMAQX
LVAZX	LSV Emerging Markets Equity Fund	96	—	Jan 2019	NEWFX vs LVAZX

Top Performing NEWFX Alternatives (YTD)

NEWFX is at 16.61% YTD. There are 145 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 107.71%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	107.71%	—	Jun 1996	NEWFX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	90.31%	—	Nov 2021	NEWFX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	66.92%	—	Jan 2018	NEWFX vs LCSMX
GMAQX	GMO Emerging Markets ex-China Fund	56.32%	—	Oct 2021	NEWFX vs GMAQX
GTDDX	Invesco EQV Emerging Markets All Cap Fd	47.70%	—	Jan 1994	NEWFX vs GTDDX

Lowest Volatility Alternatives to NEWFX

NEWFX has 14.75% 1-year volatility. There are 27 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.35%.

Symbol	Name	Volatility 1Y	AUM	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	10.35%	—	Dec 2020	NEWFX vs BADEX
VIESX	Virtus KAR Emerging Markets Small-Cap Fund	11.05%	—	Dec 2013	NEWFX vs VIESX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.28%	—	Dec 2016	NEWFX vs GQGPX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	11.56%	—	Oct 2011	NEWFX vs ESCIX
EAEMX	Parametric Emerging Markets Fund	11.58%	—	Jun 2006	NEWFX vs EAEMX

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%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	-5.70%	—	Oct 2011	NEWFX vs ESCIX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-7.89%	—	Sep 2007	NEWFX vs WAEMX
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
GQGPX	GQG Partners Emerging Markets Equity Fund	-9.12%	—	Dec 2016	NEWFX vs GQGPX

Other Mutual Funds from American Funds

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	9.71%	—	Jul 1975	NEWFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	58	10.91%	—	Jan 1934	NEWFX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	37	10.60%	—	Dec 1973	NEWFX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.47%	—	Jul 1952	NEWFX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	41	11.72%	—	—	NEWFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	77	15.14%	—	Jan 1978	NEWFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	29	7.27%	—	Mar 1973	NEWFX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	36	10.54%	—	Dec 1973	NEWFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	52	5.99%	—	Dec 1973	NEWFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	29	7.17%	—	Jan 1967	NEWFX vs AMCPX

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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AEPGX	American Funds EuroPacific Growth Fund Class A	Foreign Large Cap Equities	40	11.58%	—	Apr 1984	NEWFX vs AEPGX
FNWFX	American Funds New World Fund Class F-3	Emerging Markets Diversified	65	16.80%	—	Jun 1999	NEWFX vs FNWFX
SMCWX	American Funds SMALLCAP World Fund Class A	Foreign Small & Mid Cap Equities, Mid Cap Growth Equities	34	12.08%	—	Apr 1990	NEWFX vs SMCWX
DFCEX	DFA Emerging Markets Core Equity Fund	Emerging Markets Diversified	88	24.22%	—	Apr 2005	NEWFX vs DFCEX
SPY	State Street SPDR S&P 500 ETF	S&P 500	75	11.69%	781.00B	Jan 1993	NEWFX vs SPY
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	74	12.01%	2.20T	May 2001	NEWFX vs VTI
MAIIX	iShares MSCI EAFE International Index Fund	Foreign Large Cap Equities	27	9.25%	—	Apr 1997	NEWFX vs MAIIX
VTSAX	Vanguard Total Stock Market Index Fund Admiral Sha...	Large Cap Blend Equities	72	11.71%	2.20T	Nov 2000	NEWFX vs VTSAX
VTPSX	Vanguard Total International Stock Index Fund Inst...	Foreign Large Cap Equities	60	14.71%	629.30B	Nov 2010	NEWFX vs VTPSX
SWTSX	Schwab Total Stock Market Index Fund	Large Cap Blend Equities	71	11.78%	43.45B	Jun 1999	NEWFX vs SWTSX
CGNG	Capital Group New Geography Equity ETF	Emerging Markets Diversified	61	17.63%	2.35B	Jun 2024	NEWFX vs CGNG
AEMGX	Acadian Emerging Markets Portfolio	Emerging Markets Diversified	89	32.38%	—	Jun 1993	NEWFX vs AEMGX
DWGAX	American Funds Developing World Growth and Income ...	Emerging Markets Diversified	80	20.87%	—	Feb 2014	NEWFX vs DWGAX
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	61	13.82%	159.90B	Mar 2005	NEWFX vs VWO
ANEFX	American Funds The New Economy Fund	Global Equities	89	22.88%	—	Nov 1983	NEWFX vs ANEFX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	94	24.91%	—	May 2021	NEWFX vs DODEX
VT	Vanguard Total World Stock ETF	Global Equities	72	13.23%	90.20B	Jun 2008	NEWFX vs VT
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	Emerging Markets Equities	53	12.19%	159.90B	Jun 2006	NEWFX vs VEMAX
IVV	iShares Core S&P 500 ETF	S&P 500	75	11.70%	854.92B	May 2000	NEWFX vs IVV
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Diversified	96	46.33%	—	Aug 2000	NEWFX vs GLLSX

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