ANEFX vs. AWSHX
Compare and contrast key facts about American Funds The New Economy Fund (ANEFX) and American Funds Washington Mutual Investors Fund Class A (AWSHX).
ANEFX is managed by American Funds. It was launched on Nov 30, 1983. AWSHX is managed by American Funds. It was launched on Jul 31, 1952.
Performance
ANEFX vs. AWSHX - Performance Comparison
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ANEFX vs. AWSHX - 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% |
AWSHX American Funds Washington Mutual Investors Fund Class A | -5.27% | 17.20% | 19.02% | 17.21% | -8.45% | 28.44% | 7.69% | 24.86% | -6.16% | 20.03% |
Returns By Period
In the year-to-date period, ANEFX achieves a -8.49% return, which is significantly lower than AWSHX's -5.27% return. Over the past 10 years, ANEFX has outperformed AWSHX with an annualized return of 13.50%, while AWSHX has yielded a comparatively lower 11.82% 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%
AWSHX
- 1D
- -0.03%
- 1M
- -7.89%
- YTD
- -5.27%
- 6M
- -3.14%
- 1Y
- 10.70%
- 3Y*
- 15.28%
- 5Y*
- 10.91%
- 10Y*
- 11.82%
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ANEFX vs. AWSHX - Expense Ratio Comparison
ANEFX has a 0.75% expense ratio, which is higher than AWSHX's 0.58% expense ratio.
Return for Risk
ANEFX vs. AWSHX — Risk / Return Rank
ANEFX
AWSHX
ANEFX vs. AWSHX - 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 Washington Mutual Investors Fund Class A (AWSHX). 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 | AWSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.76 | +0.54 |
Sortino ratioReturn per unit of downside risk | 1.88 | 1.19 | +0.69 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.17 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 0.96 | +0.82 |
Martin ratioReturn relative to average drawdown | 7.69 | 4.37 | +3.33 |
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 | AWSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.76 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.78 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.73 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.62 | +0.08 |
Correlation
The correlation between ANEFX and AWSHX is 0.81, 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. AWSHX - Dividend Comparison
ANEFX's dividend yield for the trailing twelve months is around 10.85%, more than AWSHX's 10.67% 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% |
AWSHX American Funds Washington Mutual Investors Fund Class A | 10.67% | 10.08% | 10.06% | 6.14% | 6.31% | 6.05% | 3.06% | 6.19% | 4.36% | 7.26% | 6.37% | 6.25% |
Drawdowns
ANEFX vs. AWSHX - Drawdown Comparison
The maximum ANEFX drawdown since its inception was -61.28%, which is greater than AWSHX's maximum drawdown of -53.95%. Use the drawdown chart below to compare losses from any high point for ANEFX and AWSHX.
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Drawdown Indicators
| ANEFX | AWSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.28% | -53.95% | -7.33% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -10.37% | -2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -36.63% | -18.64% | -17.99% |
Max Drawdown (10Y)Largest decline over 10 years | -36.63% | -34.65% | -1.98% |
Current DrawdownCurrent decline from peak | -13.35% | -8.37% | -4.98% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -6.43% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 2.29% | +0.80% |
Volatility
ANEFX vs. AWSHX - Volatility Comparison
American Funds The New Economy Fund (ANEFX) has a higher volatility of 6.51% compared to American Funds Washington Mutual Investors Fund Class A (AWSHX) at 3.58%. This indicates that ANEFX's price experiences larger fluctuations and is considered to be riskier than AWSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANEFX | AWSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 3.58% | +2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 7.98% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 15.18% | +5.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.17% | 14.09% | +5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.99% | 16.31% | +2.68% |