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 152 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
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	RNGCX vs UCEQX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	95.30B	Feb 2019	RNGCX vs VTWAX

Best Risk-Adjusted Alternatives to RNGCX

RNGCX has a PortfoliosLab risk / return rank of 80. There are 22 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAGX	LSV Global Value Fund	94	—	Jun 2014	RNGCX vs LVAGX
EPSYX	MainStay Epoch Global Equity Yield Fund	93	—	Dec 2005	RNGCX vs EPSYX
JGYIX	John Hancock Global Shareholder Yield Fund	92	—	Feb 2007	RNGCX vs JGYIX
FMIEX	Wasatch Global Value Fund Investor Class Shares	91	—	Sep 1996	RNGCX vs FMIEX
PGVFX	Polaris Global Value Fund	90	—	May 1998	RNGCX vs PGVFX

Top Performing RNGCX Alternatives (YTD)

RNGCX is at 20.34% YTD. There are 13 mutual funds in the Global Equities category with higher YTD returns, going as high as 34.74%.

Symbol	Name	YTD Return	AUM	Inception
PGTIX	T. Rowe Price Global Technology Fund I Class	34.74%	—	Nov 2016	RNGCX vs PGTIX
OBEGX	Oberweis Global Opportunities Fund	26.27%	—	Jan 1987	RNGCX vs OBEGX
LVAGX	LSV Global Value Fund	23.68%	—	Jun 2014	RNGCX vs LVAGX
AGLOX	Ariel Global Fund	22.71%	—	Dec 2011	RNGCX vs AGLOX
YFSNX	AMG Yacktman Global Fund Class N	21.13%	—	—	RNGCX vs YFSNX

Lowest Volatility Alternatives to RNGCX

RNGCX has 19.37% 1-year volatility. There are 222 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.98%.

Symbol	Name	Volatility 1Y	AUM	Inception
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.98%	2.00B	Dec 2013	RNGCX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	7.00%	2.00B	Dec 2013	RNGCX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.23%	—	Jul 2006	RNGCX vs SVTAX
MFWIX	MFS Global Total Return Fund Class I	7.54%	—	Sep 1990	RNGCX vs MFWIX
SGMAX	SEI Institutional Investments Trust Global Managed...	7.60%	—	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
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
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	-5.99%	—	Aug 2017	RNGCX vs CSUAX
SVTAX	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	80	9.50%	—	Jul 1975	RNGCX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.11%	—	Jan 1934	RNGCX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	41	7.82%	—	Jul 1952	RNGCX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	24	8.96%	—	Dec 1973	RNGCX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	37	10.72%	—	May 2009	RNGCX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	64	13.97%	—	Aug 1978	RNGCX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	6.73%	—	Mar 1973	RNGCX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	24	8.90%	—	Dec 1973	RNGCX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	57	6.80%	—	Dec 1973	RNGCX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.63%	—	Jan 1967	RNGCX vs AMCPX

Often Compared With RNGCX

Investors most often compare RNGCX with GQRIX, GQFPX, GQRPX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	Global Equities	11	6.26%	—	Mar 2019	RNGCX vs GQRIX
GQFPX	GQG Partners Global Quality Dividend Income Fund	Global Equities	37	7.88%	—	Jun 2021	RNGCX vs GQFPX
GQRPX	GQG Partners Global Quality Equity Fund	Global Equities	11	6.16%	—	Mar 2019	RNGCX vs GQRPX
VGPMX	Vanguard Global Capital Cycles Fund	Global Equities	90	13.46%	3.90B	May 1984	RNGCX vs VGPMX
GCCHX	GMO Climate Change Fund	Global Equities	61	12.99%	—	Apr 2017	RNGCX vs GCCHX
MDGCX	BlackRock Advantage Global Fund, Inc.	Global Equities	87	16.34%	—	Aug 1994	RNGCX vs MDGCX
CAEIX	Calvert Global Energy Solutions Fund	Global Equities	58	13.59%	—	May 2007	RNGCX vs CAEIX
SGSCX	DWS Global Small Cap Fund	Global Equities	84	20.64%	—	Sep 1991	RNGCX vs SGSCX
FIQOX	Fidelity Advisor Worldwide Fund Class Z	Global Equities	61	20.56%	—	Oct 2018	RNGCX vs FIQOX
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities	28	4.59%	—	Dec 2013	RNGCX vs MVGIX
PRAFX	T. Rowe Price Real Assets Fund	Global Equities	46	8.03%	—	Jul 2010	RNGCX vs PRAFX
RWIGX	Capital World Growth and Income Fund Class R-6	Global Equities	66	14.70%	—	Mar 1993	RNGCX vs RWIGX
AGOCX	PGIM Jennison Global Equity Income Fund	Global Equities	89	19.39%	—	Dec 1997	RNGCX vs AGOCX
DGSCX	Virtus Global Small-Cap Fund	Global Equities	2	5.50%	—	Dec 1996	RNGCX vs DGSCX
MSFAX	Morgan Stanley Institutional Fund, Inc. Global Fra...	Global Equities	0	-9.27%	—	Nov 2001	RNGCX vs MSFAX
CPGAX	American Funds Global Growth Portfolio	Global Equities	44	12.00%	—	May 2012	RNGCX vs CPGAX
OPPAX	Invesco Global Fund	Global Equities	18	7.93%	—	Dec 1969	RNGCX vs OPPAX
NEFFX	American Funds The New Economy Fund® Class F-2	Global Equities	81	20.66%	—	Aug 2008	RNGCX vs NEFFX
WGFIX	William Blair Global Leaders Fund	Global Equities	20	7.85%	—	Oct 2007	RNGCX vs WGFIX
ANEFX	American Funds The New Economy Fund	Global Equities	81	20.56%	—	Nov 1983	RNGCX vs ANEFX

Compare RNGCX with Any Fund or Stock

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

Symbol name

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