RNGCX Alternatives & Similar Mutual Funds

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 154 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	RNGCX vs GWOAX
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	RNGCX vs GMGEX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	RNGCX vs SSGLX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	97.00B	Feb 2019	RNGCX vs VTWAX
UCEQX	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 63. There are 83 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAFX	LSV Global Managed Volatility Fund	97	—	Jun 2014	RNGCX vs LVAFX
FMIEX	Wasatch Global Value Fund Investor Class Shares	97	—	Sep 1996	RNGCX vs FMIEX
LVAGX	LSV Global Value Fund	97	—	Jun 2014	RNGCX vs LVAGX
EPSYX	MainStay Epoch Global Equity Yield Fund	96	—	Dec 2005	RNGCX vs EPSYX
PGVFX	Polaris Global Value Fund	95	—	May 1998	RNGCX vs PGVFX

Top Performing RNGCX Alternatives (YTD)

RNGCX is at 13.88% YTD. There are 40 mutual funds in the Global Equities category with higher YTD returns, going as high as 24.97%.

Symbol	Name	YTD Return	AUM	Inception
YFSIX	AMG Yacktman Global Fund	24.97%	—	Jan 2017	RNGCX vs YFSIX
YFSNX	AMG Yacktman Global Fund Class N	24.78%	—	—	RNGCX vs YFSNX
LVAGX	LSV Global Value Fund	24.67%	—	Jun 2014	RNGCX vs LVAGX
PGTIX	T. Rowe Price Global Technology Fund I Class	23.72%	—	Nov 2016	RNGCX vs PGTIX
EPSYX	MainStay Epoch Global Equity Yield Fund	21.42%	—	Dec 2005	RNGCX vs EPSYX

Lowest Volatility Alternatives to RNGCX

RNGCX has 20.42% 1-year volatility. There are 226 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
MBXAX	Catalyst/Millburn Hedge Strategy Fund	6.87%	—	Dec 2015	RNGCX vs MBXAX
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	6.90%	—	Dec 1996	RNGCX vs MBXIX
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.99%	2.00B	Dec 2013	RNGCX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	7.01%	2.00B	Dec 2013	RNGCX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.42%	—	Jul 2006	RNGCX vs SVTAX

Lowest Drawdown Alternatives to RNGCX

RNGCX has a 1-year max drawdown of -13.41%. There are 205 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -3.85%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MBXIX	Catalyst/Millburn Hedge Strategy Fund Class I	-3.85%	—	Dec 1996	RNGCX vs MBXIX
MBXAX	Catalyst/Millburn Hedge Strategy Fund	-3.89%	—	Dec 2015	RNGCX vs MBXAX
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	RNGCX vs RTXAX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	RNGCX vs LVAFX
SGMAX	SEI Institutional Investments Trust Global Managed...	-5.88%	—	Jan 2016	RNGCX vs SGMAX

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	RNGCX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	39	8.17%	—	Jan 1934	RNGCX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	60	9.02%	—	Jul 1952	RNGCX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	20	4.58%	—	Dec 1973	RNGCX 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	RNGCX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	65	12.13%	—	Aug 1978	RNGCX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	3.99%	—	Mar 1973	RNGCX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	4.51%	—	Dec 1973	RNGCX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.47%	—	Dec 1973	RNGCX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	16	2.86%	—	Jan 1967	RNGCX vs AMCPX

Often Compared With RNGCX

Investors most often compare RNGCX with GQRIX, MFWIX, GQFPX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	Quality Factor, Global Equities	27	7.29%	—	Mar 2019	RNGCX vs GQRIX
MFWIX	MFS Global Total Return Fund Class I	Global Equities	75	8.22%	—	Sep 1990	RNGCX vs MFWIX
GQFPX	GQG Partners Global Quality Dividend Income Fund	Quality Factor, Global Equities	70	11.60%	—	Jun 2021	RNGCX vs GQFPX
GQRPX	GQG Partners Global Quality Equity Fund	Quality Factor, Global Equities	26	7.14%	—	Mar 2019	RNGCX vs GQRPX
JGYIX	John Hancock Global Shareholder Yield Fund	Global Equities	95	19.94%	—	Feb 2007	RNGCX vs JGYIX
MDGCX	BlackRock Advantage Global Fund, Inc.	Global Equities	87	16.19%	—	Aug 1994	RNGCX vs MDGCX
VGPMX	Vanguard Global Capital Cycles Fund	Global Equities	95	16.88%	3.70B	May 1984	RNGCX vs VGPMX
AGLOX	Ariel Global Fund	Global Equities	85	20.96%	—	Dec 2011	RNGCX vs AGLOX
CAEIX	Calvert Global Energy Solutions Fund	Global Equities	51	11.52%	—	May 2007	RNGCX vs CAEIX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	Infrastructure Equities, Global Equities	79	12.43%	—	Aug 2017	RNGCX vs CSUAX
OBEGX	Oberweis Global Opportunities Fund	Global Equities	54	20.61%	—	Jan 1987	RNGCX vs OBEGX
GCCHX	GMO Climate Change Fund	Global Equities	61	10.46%	—	Apr 2017	RNGCX vs GCCHX
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities, Low Volatility	59	8.08%	—	Dec 2013	RNGCX vs MVGIX
SGSCX	DWS Global Small Cap Fund	Global Equities	86	18.42%	—	Sep 1991	RNGCX vs SGSCX
WGFIX	William Blair Global Leaders Fund	Global Equities	20	4.53%	—	Oct 2007	RNGCX vs WGFIX
DGSCX	Virtus Global Small-Cap Fund	Global Equities	3	6.22%	—	Dec 1996	RNGCX vs DGSCX
FIQOX	Fidelity Advisor Worldwide Fund Class Z	Global Equities	41	14.67%	—	Oct 2018	RNGCX vs FIQOX
PRAFX	T. Rowe Price Real Assets Fund	Global Equities	69	11.09%	—	Jul 2010	RNGCX vs PRAFX
MSFAX	Morgan Stanley Institutional Fund, Inc. Global Fra...	Global Equities	0	-6.51%	—	Nov 2001	RNGCX vs MSFAX
RWIGX	Capital World Growth and Income Fund Class R-6	Global Equities	72	13.22%	—	Mar 1993	RNGCX vs RWIGX

Compare RNGCX with Any Fund or Stock

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

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Diversifiers

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

American Funds The New Economy Fund Class R-3 (RNGCX) Alternatives