American Funds The New Economy Fund Class R-3 (RNGCX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RNGCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RNGCX
RNGCX charges 1.05% annually. There are 152 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | RNGCX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | RNGCX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | RNGCX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | RNGCX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | RNGCX vs UCEQX |
Best Risk-Adjusted Alternatives to RNGCX
RNGCX has a PortfoliosLab risk / return rank of 86. There are 16 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 95 | — | Jun 2014 | RNGCX vs LVAGX | |
| Polaris Global Value Fund | 92 | — | May 1998 | RNGCX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 91 | — | Dec 2005 | RNGCX vs EPSYX | |
| John Hancock Global Shareholder Yield Fund | 91 | — | Feb 2007 | RNGCX vs JGYIX | |
| GMO Global Equity Allocation Fund | 91 | — | Nov 1996 | RNGCX vs GMGEX |
Top Performing RNGCX Alternatives (YTD)
RNGCX is at 23.40% YTD. There are 11 mutual funds in the Global Equities category with higher YTD returns, going as high as 41.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 41.95% | — | Nov 2016 | RNGCX vs PGTIX | |
| Oberweis Global Opportunities Fund | 29.71% | — | Jan 1987 | RNGCX vs OBEGX | |
| Ariel Global Fund | 24.96% | — | Dec 2011 | RNGCX vs AGLOX | |
| AMG Yacktman Global Fund Class N | 24.04% | — | — | RNGCX vs YFSNX | |
| Fidelity Advisor Worldwide Fund Class Z | 23.79% | — | Oct 2018 | RNGCX vs FIQOX |
Lowest Volatility Alternatives to RNGCX
RNGCX has 18.65% 1-year volatility. There are 217 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 7.02% | 2.00B | Dec 2013 | RNGCX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.04% | 2.00B | Dec 2013 | RNGCX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.19% | — | Jul 2006 | RNGCX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.55% | — | Sep 1990 | RNGCX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.68% | — | Jan 2016 | RNGCX vs SGMAX |
Lowest Drawdown Alternatives to RNGCX
RNGCX has a 1-year max drawdown of -13.41%. There are 206 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | RNGCX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | RNGCX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | RNGCX vs SGMAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | RNGCX vs CSUAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | RNGCX vs SVTAX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.
Often Compared With RNGCX
Investors most often compare RNGCX with GQRIX, FMIEX, GQRPX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GQG Partners Global Quality Equity Fund Institutio... | Global Equities | 7 | 3.79% | — | Mar 2019 | RNGCX vs GQRIX | |
| Wasatch Global Value Fund Investor Class Shares | Global Equities | 86 | 11.18% | — | Sep 1996 | RNGCX vs FMIEX | |
| GQG Partners Global Quality Equity Fund | Global Equities | 7 | 3.69% | — | Mar 2019 | RNGCX vs GQRPX | |
| Vanguard Global Capital Cycles Fund | Global Equities | 89 | 15.14% | 3.90B | May 1984 | RNGCX vs VGPMX | |
| GQG Partners Global Quality Dividend Income Fund | Global Equities | 27 | 6.17% | — | Jun 2021 | RNGCX vs GQFPX | |
| Calvert Global Energy Solutions Fund | Global Equities | 80 | 17.95% | — | May 2007 | RNGCX vs CAEIX | |
| GMO Climate Change Fund | Global Equities | 87 | 19.71% | — | Apr 2017 | RNGCX vs GCCHX | |
| BlackRock Advantage Global Fund, Inc. | Global Equities | 90 | 18.00% | — | Aug 1994 | RNGCX vs MDGCX | |
| DWS Global Small Cap Fund | Global Equities | 87 | 21.52% | — | Sep 1991 | RNGCX vs SGSCX |
Compare RNGCX with Any Fund or Stock
Compare RNGCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RNGCX with funds that move differently
American Funds The New Economy Fund Class R-3 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RNGCX.
Explore RNGCX Diversifiers