ANEFX vs. AIVSX
Compare and contrast key facts about American Funds The New Economy Fund (ANEFX) and American Funds Investment Company of America Class A (AIVSX).
ANEFX is managed by American Funds. It was launched on Nov 30, 1983. AIVSX is managed by American Funds. It was launched on Jan 1, 1934.
Performance
ANEFX vs. AIVSX - Performance Comparison
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ANEFX vs. AIVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANEFX American Funds The New Economy Fund | -5.53% | 31.01% | 23.58% | 29.14% | -29.67% | 12.85% | 33.47% | 26.46% | -4.36% | 34.37% |
AIVSX American Funds Investment Company of America Class A | -4.87% | 20.47% | 24.90% | 28.56% | -15.50% | 25.10% | 14.47% | 24.10% | -8.21% | 19.54% |
Returns By Period
In the year-to-date period, ANEFX achieves a -5.53% return, which is significantly lower than AIVSX's -4.87% return. Over the past 10 years, ANEFX has outperformed AIVSX with an annualized return of 13.86%, while AIVSX has yielded a comparatively lower 12.88% annualized return.
ANEFX
- 1D
- 3.23%
- 1M
- -8.16%
- YTD
- -5.53%
- 6M
- 1.14%
- 1Y
- 30.69%
- 3Y*
- 21.55%
- 5Y*
- 8.86%
- 10Y*
- 13.86%
AIVSX
- 1D
- 3.05%
- 1M
- -5.90%
- YTD
- -4.87%
- 6M
- -3.21%
- 1Y
- 17.66%
- 3Y*
- 20.05%
- 5Y*
- 12.46%
- 10Y*
- 12.88%
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ANEFX vs. AIVSX - Expense Ratio Comparison
ANEFX has a 0.75% expense ratio, which is higher than AIVSX's 0.57% expense ratio.
Return for Risk
ANEFX vs. AIVSX — Risk / Return Rank
ANEFX
AIVSX
ANEFX vs. AIVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The New Economy Fund (ANEFX) and American Funds Investment Company of America Class A (AIVSX). 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.
| ANEFX | AIVSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.04 | +0.48 |
Sortino ratioReturn per unit of downside risk | 2.16 | 1.59 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.31 | 1.72 | +0.59 |
Martin ratioReturn relative to average drawdown | 9.75 | 7.16 | +2.59 |
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
| ANEFX | AIVSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.04 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.78 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.78 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.67 | +0.03 |
Correlation
The correlation between ANEFX and AIVSX 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
ANEFX vs. AIVSX - Dividend Comparison
ANEFX's dividend yield for the trailing twelve months is around 10.51%, less than AIVSX's 11.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANEFX American Funds The New Economy Fund | 10.51% | 9.93% | 9.59% | 3.96% | 0.00% | 8.24% | 2.47% | 7.34% | 10.00% | 8.28% | 4.61% | 6.16% |
AIVSX American Funds Investment Company of America Class A | 11.17% | 10.60% | 9.29% | 4.96% | 6.12% | 6.94% | 1.65% | 6.15% | 9.61% | 7.08% | 5.48% | 8.95% |
Drawdowns
ANEFX vs. AIVSX - Drawdown Comparison
The maximum ANEFX drawdown since its inception was -61.28%, which is greater than AIVSX's maximum drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for ANEFX and AIVSX.
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Drawdown Indicators
| ANEFX | AIVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.28% | -50.90% | -10.38% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -10.76% | -2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -36.63% | -24.31% | -12.32% |
Max Drawdown (10Y)Largest decline over 10 years | -36.63% | -31.09% | -5.54% |
Current DrawdownCurrent decline from peak | -10.54% | -7.34% | -3.20% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -5.93% | -5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.59% | +0.57% |
Volatility
ANEFX vs. AIVSX - Volatility Comparison
American Funds The New Economy Fund (ANEFX) has a higher volatility of 7.52% compared to American Funds Investment Company of America Class A (AIVSX) at 5.75%. This indicates that ANEFX's price experiences larger fluctuations and is considered to be riskier than AIVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANEFX | AIVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 5.75% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 13.55% | 9.93% | +3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.87% | 17.56% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.22% | 15.96% | +3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.02% | 16.55% | +2.47% |