ANEFX vs. AMECX
Compare and contrast key facts about American Funds The New Economy Fund (ANEFX) and American Funds The Income Fund of America Class A (AMECX).
ANEFX is managed by American Funds. It was launched on Nov 30, 1983. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Performance
ANEFX vs. AMECX - Performance Comparison
Loading graphics...
ANEFX vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANEFX American Funds The New Economy Fund | -8.49% | 31.01% | 23.58% | 29.14% | -29.67% | 12.85% | 33.47% | 26.46% | -4.36% | 34.37% |
AMECX American Funds The Income Fund of America Class A | 1.48% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Returns By Period
In the year-to-date period, ANEFX achieves a -8.49% return, which is significantly lower than AMECX's 1.48% return. Over the past 10 years, ANEFX has outperformed AMECX with an annualized return of 13.50%, while AMECX has yielded a comparatively lower 8.21% annualized return.
ANEFX
- 1D
- -1.45%
- 1M
- -11.34%
- YTD
- -8.49%
- 6M
- -0.97%
- 1Y
- 27.41%
- 3Y*
- 20.27%
- 5Y*
- 8.57%
- 10Y*
- 13.50%
AMECX
- 1D
- 0.23%
- 1M
- -5.74%
- YTD
- 1.48%
- 6M
- 4.22%
- 1Y
- 14.19%
- 3Y*
- 11.95%
- 5Y*
- 7.95%
- 10Y*
- 8.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ANEFX vs. AMECX - Expense Ratio Comparison
ANEFX has a 0.75% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Return for Risk
ANEFX vs. AMECX — Risk / Return Rank
ANEFX
AMECX
ANEFX vs. AMECX - 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 The Income Fund of America Class A (AMECX). 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 | AMECX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 1.55 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.88 | 2.13 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.71 | +0.08 |
Martin ratioReturn relative to average drawdown | 7.69 | 8.01 | -0.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ANEFX | AMECX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.55 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.85 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.77 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.72 | -0.02 |
Correlation
The correlation between ANEFX and AMECX is 0.78, 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. AMECX - Dividend Comparison
ANEFX's dividend yield for the trailing twelve months is around 10.85%, more than AMECX's 9.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANEFX American Funds The New Economy Fund | 10.85% | 9.93% | 9.59% | 3.96% | 0.00% | 8.24% | 2.47% | 7.34% | 10.00% | 8.28% | 4.61% | 6.16% |
AMECX American Funds The Income Fund of America Class A | 9.86% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
Drawdowns
ANEFX vs. AMECX - Drawdown Comparison
The maximum ANEFX drawdown since its inception was -61.28%, which is greater than AMECX's maximum drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for ANEFX and AMECX.
Loading graphics...
Drawdown Indicators
| ANEFX | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.28% | -41.92% | -19.36% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -8.19% | -5.16% |
Max Drawdown (5Y)Largest decline over 5 years | -36.63% | -15.78% | -20.85% |
Max Drawdown (10Y)Largest decline over 10 years | -36.63% | -26.13% | -10.50% |
Current DrawdownCurrent decline from peak | -13.35% | -5.74% | -7.61% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -4.46% | -7.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 1.74% | +1.35% |
Volatility
ANEFX vs. AMECX - Volatility Comparison
American Funds The New Economy Fund (ANEFX) has a higher volatility of 6.51% compared to American Funds The Income Fund of America Class A (AMECX) at 2.94%. This indicates that ANEFX's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ANEFX | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 2.94% | +3.57% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 5.49% | +7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 9.48% | +11.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.17% | 9.44% | +9.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.99% | 10.66% | +8.33% |