ANEFX vs. AVDV

Last updated Apr 2, 2026

Compare and contrast key facts about American Funds The New Economy Fund (ANEFX) and Avantis International Small Cap Value ETF (AVDV).

ANEFX is managed by American Funds. It was launched on Nov 30, 1983. AVDV is an actively managed fund by Avantis. It was launched on Sep 24, 2019.

Performance

ANEFX vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds The New Economy Fund (ANEFX) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

ANEFX vs. AVDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ANEFX American Funds The New Economy Fund	-5.53%	31.01%	23.58%	29.14%	-29.67%	12.85%	33.47%	9.36%
AVDV Avantis International Small Cap Value ETF	8.40%	49.37%	8.67%	16.85%	-11.47%	15.80%	5.01%	12.05%

Returns By Period

In the year-to-date period, ANEFX achieves a -5.53% return, which is significantly lower than AVDV's 8.40% 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%

AVDV

• 1D: 1.88%
• 1M: -6.55%
• YTD: 8.40%
• 6M: 16.24%
• 1Y: 51.07%
• 3Y*: 24.85%
• 5Y*: 13.80%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANEFX vs. AVDV - Expense Ratio Comparison

ANEFX has a 0.75% expense ratio, which is higher than AVDV's 0.36% expense ratio.

ANEFX

American Funds The New Economy Fund

AVDV

Avantis International Small Cap Value ETF

Return for Risk

ANEFX vs. AVDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANEFX

ANEFX Risk / Return Rank: 83
ANEFX Sharpe Ratio Rank: 80
ANEFX Sortino Ratio Rank: 82
ANEFX Omega Ratio Rank: 77
ANEFX Calmar Ratio Rank: 87
ANEFX Martin Ratio Rank: 88

AVDV

AVDV Risk / Return Rank: 96
AVDV Sharpe Ratio Rank: 97
AVDV Sortino Ratio Rank: 96
AVDV Omega Ratio Rank: 97
AVDV Calmar Ratio Rank: 94
AVDV Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANEFX vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The New Economy Fund (ANEFX) and Avantis International Small Cap Value ETF (AVDV). 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	AVDV	Difference
Sharpe ratio Return per unit of total volatility	1.52	2.78	-1.27
Sortino ratio Return per unit of downside risk	2.16	3.48	-1.32
Omega ratio Gain probability vs. loss probability	1.30	1.57	-0.27
Calmar ratio Return relative to maximum drawdown	2.31	3.87	-1.57
Martin ratio Return relative to average drawdown	9.75	16.10	-6.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANEFX vs. AVDV - Sharpe Ratio Comparison

The current ANEFX Sharpe Ratio is 1.52, which is lower than the AVDV Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of ANEFX and AVDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ANEFX	AVDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	2.78	-1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.81	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.76	-0.06

Correlation

The correlation between ANEFX and AVDV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ANEFX vs. AVDV - Dividend Comparison

ANEFX's dividend yield for the trailing twelve months is around 10.51%, more than AVDV's 2.94% 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%
AVDV Avantis International Small Cap Value ETF	2.94%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ANEFX vs. AVDV - Drawdown Comparison

The maximum ANEFX drawdown since its inception was -61.28%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for ANEFX and AVDV.

Drawdown Indicators

	ANEFX	AVDV	Difference
Max Drawdown Largest peak-to-trough decline	-61.28%	-43.01%	-18.27%
Max Drawdown (1Y) Largest decline over 1 year	-13.35%	-13.19%	-0.16%
Max Drawdown (5Y) Largest decline over 5 years	-36.63%	-28.08%	-8.55%
Max Drawdown (10Y) Largest decline over 10 years	-36.63%	—	—
Current Drawdown Current decline from peak	-10.54%	-7.48%	-3.06%
Average Drawdown Average peak-to-trough decline	-11.48%	-6.88%	-4.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	3.17%	-0.01%

Volatility

ANEFX vs. AVDV - Volatility Comparison

American Funds The New Economy Fund (ANEFX) and Avantis International Small Cap Value ETF (AVDV) have volatilities of 7.52% and 7.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANEFX	AVDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.52%	7.50%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	13.55%	12.20%	+1.35%
Volatility (1Y) Calculated over the trailing 1-year period	20.87%	18.44%	+2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.22%	17.15%	+2.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.02%	19.76%	-0.74%