AAFTX vs. RNWGX
Compare and contrast key facts about American Funds 2035 Target Date Retirement Fund (AAFTX) and American Funds New World Fund® Class R-6 (RNWGX).
AAFTX is managed by American Funds. It was launched on Jan 31, 2007. RNWGX is managed by American Funds. It was launched on Aug 1, 2008.
Performance
AAFTX vs. RNWGX - Performance Comparison
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AAFTX vs. RNWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | -1.92% | 16.77% | 12.40% | 16.50% | -16.53% | 15.20% | 17.23% | 22.81% | -5.48% | 20.68% |
RNWGX American Funds New World Fund® Class R-6 | -1.47% | 28.67% | 6.88% | 16.26% | -21.77% | 5.09% | 25.30% | 28.03% | -12.00% | 33.07% |
Returns By Period
In the year-to-date period, AAFTX achieves a -1.92% return, which is significantly lower than RNWGX's -1.47% return. Both investments have delivered pretty close results over the past 10 years, with AAFTX having a 9.73% annualized return and RNWGX not far ahead at 9.76%.
AAFTX
- 1D
- 1.89%
- 1M
- -4.70%
- YTD
- -1.92%
- 6M
- 0.05%
- 1Y
- 13.81%
- 3Y*
- 12.60%
- 5Y*
- 6.63%
- 10Y*
- 9.73%
RNWGX
- 1D
- 2.62%
- 1M
- -8.56%
- YTD
- -1.47%
- 6M
- 2.11%
- 1Y
- 24.01%
- 3Y*
- 13.88%
- 5Y*
- 4.79%
- 10Y*
- 9.76%
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AAFTX vs. RNWGX - Expense Ratio Comparison
AAFTX has a 0.33% expense ratio, which is lower than RNWGX's 0.57% expense ratio.
Return for Risk
AAFTX vs. RNWGX — Risk / Return Rank
AAFTX
RNWGX
AAFTX vs. RNWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2035 Target Date Retirement Fund (AAFTX) and American Funds New World Fund® Class R-6 (RNWGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AAFTX | RNWGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.59 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.96 | 2.19 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.83 | +0.08 |
Martin ratioReturn relative to average drawdown | 8.22 | 7.62 | +0.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAFTX | RNWGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.59 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.32 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.61 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.46 | +0.04 |
Correlation
The correlation between AAFTX and RNWGX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AAFTX vs. RNWGX - Dividend Comparison
AAFTX's dividend yield for the trailing twelve months is around 6.10%, less than RNWGX's 6.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | 6.10% | 5.99% | 4.26% | 2.61% | 5.43% | 5.25% | 3.53% | 4.21% | 4.80% | 2.38% | 3.52% | 5.63% |
RNWGX American Funds New World Fund® Class R-6 | 6.18% | 6.09% | 4.11% | 2.88% | 1.33% | 7.32% | 0.44% | 4.05% | 2.71% | 2.26% | 1.37% | 1.04% |
Drawdowns
AAFTX vs. RNWGX - Drawdown Comparison
The maximum AAFTX drawdown since its inception was -49.89%, which is greater than RNWGX's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for AAFTX and RNWGX.
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Drawdown Indicators
| AAFTX | RNWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.89% | -33.40% | -16.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.54% | -13.00% | +5.46% |
Max Drawdown (5Y)Largest decline over 5 years | -23.31% | -33.40% | +10.09% |
Max Drawdown (10Y)Largest decline over 10 years | -26.72% | -33.40% | +6.68% |
Current DrawdownCurrent decline from peak | -5.23% | -10.73% | +5.50% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -8.12% | +1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 3.13% | -1.38% |
Volatility
AAFTX vs. RNWGX - Volatility Comparison
The current volatility for American Funds 2035 Target Date Retirement Fund (AAFTX) is 4.03%, while American Funds New World Fund® Class R-6 (RNWGX) has a volatility of 7.09%. This indicates that AAFTX experiences smaller price fluctuations and is considered to be less risky than RNWGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAFTX | RNWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 7.09% | -3.06% |
Volatility (6M)Calculated over the trailing 6-month period | 6.60% | 11.01% | -4.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.79% | 15.63% | -4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.43% | 15.17% | -3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.71% | 15.98% | -3.27% |