American Funds New World Fund® Class R-6 (RNWGX) Alternatives

American Funds New World Fund® Class R-6 (RNWGX) 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 RNWGX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to RNWGX

RNWGX charges 0.57% annually. Among mutual funds in the Emerging Markets Diversified category, these options have the lowest expense ratios among RNWGX alternatives.

Symbol	Name	Expense Ratio	Inception
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	Jan 4, 2016	RNWGX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	Sep 8, 2011	RNWGX vs FPADX
FCEEX	Franklin Emerging Market Core Equity (IU) Fund Adv...	0.17%	Jul 31, 2019	RNWGX vs FCEEX
SSKEX	State Street Emerging Markets Equity Index Fund	0.17%	Dec 17, 2015	RNWGX vs SSKEX
TEQLX	TIAA-CREF Emerging Markets Equity Index Fund	0.19%	Aug 30, 2010	RNWGX vs TEQLX

Best Risk-Adjusted Alternatives to RNWGX

Among mutual funds in the Emerging Markets Diversified category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
DEMIX	Delaware Emerging Markets Fund	97	Jun 9, 1996	RNWGX vs DEMIX
BEMIX	Brandes Emerging Markets Fund	97	Jan 30, 2011	RNWGX vs BEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	97	Jan 9, 2018	RNWGX vs LCSMX
LZEMX	Lazard Emerging Markets Equity Portfolio	97	Jul 14, 1994	RNWGX vs LZEMX
FQEMX	Franklin Templeton SMACS: Series EM	96	Nov 21, 2021	RNWGX vs FQEMX

Top Performing RNWGX Alternatives (YTD)

RNWGX alternatives from the Emerging Markets Diversified category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
DEMIX	Delaware Emerging Markets Fund	14.18%	Jun 9, 1996	RNWGX vs DEMIX
FQEMX	Franklin Templeton SMACS: Series EM	12.06%	Nov 21, 2021	RNWGX vs FQEMX
LCSMX	Martin Currie SMA-Shares Series EM Fund	11.23%	Jan 9, 2018	RNWGX vs LCSMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	8.91%	Oct 3, 2011	RNWGX vs ESCIX
GLLSX	abrdn Emerging Markets ex-China Fund	8.83%	Aug 29, 2000	RNWGX vs GLLSX

Lowest Volatility Alternatives to RNWGX

RNWGX alternatives from the Emerging Markets Diversified category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	10.29%	Dec 20, 2020	RNWGX vs BADEX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	12.03%	May 26, 2008	RNWGX vs HLFMX
EAEMX	Parametric Emerging Markets Fund	12.17%	Jun 29, 2006	RNWGX vs EAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	12.36%	Jun 29, 1998	RNWGX vs EITEX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	12.38%	Nov 3, 2013	RNWGX vs EFEIX

Lowest Drawdown Alternatives to RNWGX

RNWGX alternatives from the Emerging Markets Diversified category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	Dec 20, 2020	RNWGX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	Jun 30, 2009	RNWGX vs COBYX
GQGPX	GQG Partners Emerging Markets Equity Fund	-9.12%	Dec 27, 2016	RNWGX vs GQGPX
WAEMX	Wasatch Emerging Markets Small Cap Fund	-9.38%	Sep 30, 2007	RNWGX vs WAEMX
EITEX	Parametric Tax-Managed Emerging Markets Fund	-9.88%	Jun 29, 1998	RNWGX vs EITEX

Other Mutual Funds from American Funds

Most popular American Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	-1.12%	Jul 26, 1975	RNWGX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	63	-4.87%	Jan 1, 1934	RNWGX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	45	-7.99%	Dec 1, 1973	RNWGX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	48	-3.17%	Jul 31, 1952	RNWGX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	71	-2.84%	—	RNWGX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	79	-3.35%	Jan 8, 1978	RNWGX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	55	-5.30%	Mar 13, 1973	RNWGX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	44	-8.03%	Dec 1, 1973	RNWGX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend, Actively Managed	84	2.83%	Dec 1, 1973	RNWGX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	36	-8.56%	Jan 5, 1967	RNWGX vs AMCPX

Often Compared With RNWGX

What investors most often compare with RNWGX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	86	1.79%	Jun 7, 2016	RNWGX vs FTIHX
VFIAX	Vanguard 500 Index Fund Admiral Shares	Large Cap Blend Equities	59	-4.35%	Nov 13, 2000	RNWGX vs VFIAX
FXAIX	Fidelity 500 Index Fund	S&P 500	60	-4.34%	Feb 17, 1988	RNWGX vs FXAIX
VTTSX	Vanguard Target Retirement 2060 Fund	Diversified Portfolio, Target Retirement Date	78	-1.44%	Jan 19, 2012	RNWGX vs VTTSX
GTRAX	PGIM Global Total Return Fund	Global Bonds	45	-1.49%	Jul 6, 1986	RNWGX vs GTRAX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	Large Cap Growth Equities	75	-1.90%	Feb 7, 2019	RNWGX vs VTWAX
VFWAX	Vanguard FTSE All-World ex-US Index Fund Admiral S...	Foreign Large Cap Equities	85	1.81%	Sep 27, 2011	RNWGX vs VFWAX
VITSX	Vanguard Total Stock Market Index Fund Institution...	Large Cap Blend Equities	59	-3.97%	Jul 7, 1997	RNWGX vs VITSX
FNWFX	American Funds New World Fund Class F-3	Emerging Markets Diversified	79	-1.47%	Jun 17, 1999	RNWGX vs FNWFX
FRVLX	Franklin Small Cap Value Fund	Small Cap Value Equities	41	4.47%	Mar 11, 1996	RNWGX vs FRVLX
FIQIX	Fidelity Advisor International Small Cap Fund Clas...	Foreign Small & Mid Cap Equities	68	-0.19%	Oct 2, 2018	RNWGX vs FIQIX
JESIX	John Hancock Variable Insurance Trust Small Cap In...	Small Cap Blend Equities	40	0.88%	May 1, 2000	RNWGX vs JESIX
JIREX	JHancock Real Estate Securities Fund	REIT	8	3.94%	Oct 14, 2005	RNWGX vs JIREX
COSYX	Columbia Overseas Value Fund Institutional 3 Class	Foreign Large Cap Equities	91	3.40%	Jul 1, 2015	RNWGX vs COSYX
MDIZX	MFS International Diversification Fund R6	Foreign Large Cap Equities	71	-0.18%	Oct 2, 2017	RNWGX vs MDIZX
FSCCX	Nuveen Small Cap Value Fund	Small Cap Value Equities	15	0.54%	Aug 1, 1994	RNWGX vs FSCCX
MIN	MFS Intermediate Income Trust		38	-2.44%	—	RNWGX vs MIN
MINJX	MFS International Intrinsic Value Fund Class R6	Foreign Large Cap Equities	69	-0.23%	Oct 24, 1995	RNWGX vs MINJX
AAIEX	American Beacon International Equity Fund	Foreign Large Cap Equities	67	-1.82%	Aug 6, 1991	RNWGX vs AAIEX
JNEMX	JPMorgan International Equity Fund Class R6	Foreign Large Cap Equities	46	1.23%	Dec 1, 2010	RNWGX vs JNEMX

Compare RNWGX with Any Fund or Stock

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

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American Funds New World Fund® Class R-6

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