ANEFX vs. VTWAX
Compare and contrast key facts about American Funds The New Economy Fund (ANEFX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX).
ANEFX is managed by American Funds. It was launched on Nov 30, 1983. VTWAX is managed by Vanguard. It was launched on Feb 7, 2019.
Performance
ANEFX vs. VTWAX - Performance Comparison
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ANEFX vs. VTWAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ANEFX American Funds The New Economy Fund | -8.49% | 31.01% | 23.58% | 29.14% | -29.67% | 12.85% | 33.47% | 15.48% |
VTWAX Vanguard Total World Stock Index Fund Admiral Shares | -4.69% | 22.43% | 16.43% | 21.85% | -18.02% | 18.17% | 16.67% | 17.53% |
Returns By Period
In the year-to-date period, ANEFX achieves a -8.49% return, which is significantly lower than VTWAX's -4.69% 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%
VTWAX
- 1D
- -0.36%
- 1M
- -9.09%
- YTD
- -4.69%
- 6M
- -1.73%
- 1Y
- 17.91%
- 3Y*
- 15.64%
- 5Y*
- 8.82%
- 10Y*
- —
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ANEFX vs. VTWAX - Expense Ratio Comparison
ANEFX has a 0.75% expense ratio, which is higher than VTWAX's 0.10% expense ratio.
Return for Risk
ANEFX vs. VTWAX — Risk / Return Rank
ANEFX
VTWAX
ANEFX vs. VTWAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The New Economy Fund (ANEFX) and Vanguard Total World Stock Index Fund Admiral Shares (VTWAX). 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 | VTWAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 1.09 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.88 | 1.60 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.24 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.36 | +0.42 |
Martin ratioReturn relative to average drawdown | 7.69 | 6.38 | +1.31 |
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 | VTWAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.09 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.57 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.64 | +0.06 |
Correlation
The correlation between ANEFX and VTWAX is 0.92, 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. VTWAX - Dividend Comparison
ANEFX's dividend yield for the trailing twelve months is around 10.85%, more than VTWAX's 1.85% 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% |
VTWAX Vanguard Total World Stock Index Fund Admiral Shares | 1.85% | 1.80% | 1.92% | 2.06% | 2.17% | 1.79% | 1.64% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ANEFX vs. VTWAX - Drawdown Comparison
The maximum ANEFX drawdown since its inception was -61.28%, which is greater than VTWAX's maximum drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for ANEFX and VTWAX.
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Drawdown Indicators
| ANEFX | VTWAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.28% | -34.20% | -27.08% |
Max Drawdown (1Y)Largest decline over 1 year | -13.35% | -11.73% | -1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -36.63% | -26.40% | -10.23% |
Max Drawdown (10Y)Largest decline over 10 years | -36.63% | — | — |
Current DrawdownCurrent decline from peak | -13.35% | -9.64% | -3.71% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -5.40% | -6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 2.50% | +0.59% |
Volatility
ANEFX vs. VTWAX - Volatility Comparison
American Funds The New Economy Fund (ANEFX) has a higher volatility of 6.51% compared to Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) at 5.09%. This indicates that ANEFX's price experiences larger fluctuations and is considered to be riskier than VTWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANEFX | VTWAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 5.09% | +1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 9.33% | +3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 16.55% | +4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.17% | 15.60% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.99% | 18.27% | +0.72% |