ANFFX vs. GFFFX
Compare and contrast key facts about American Funds The New Economy Fund Class F-1 (ANFFX) and American Funds The Growth Fund of America (GFFFX).
ANFFX is an actively managed fund by American Funds. It was launched on Mar 15, 2001. GFFFX is managed by American Funds. It was launched on Dec 1, 1973.
Performance
ANFFX vs. GFFFX - Performance Comparison
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ANFFX vs. GFFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANFFX American Funds The New Economy Fund Class F-1 | -8.51% | 30.96% | 23.52% | 29.10% | -29.69% | 11.98% | 33.43% | 26.38% | -4.41% | 34.27% |
GFFFX American Funds The Growth Fund of America | -8.03% | 19.96% | 28.28% | 37.51% | -30.61% | 19.55% | 38.16% | 28.43% | -2.96% | 26.38% |
Returns By Period
In the year-to-date period, ANFFX achieves a -8.51% return, which is significantly lower than GFFFX's -8.03% return. Over the past 10 years, ANFFX has underperformed GFFFX with an annualized return of 13.09%, while GFFFX has yielded a comparatively higher 14.56% annualized return.
ANFFX
- 1D
- -1.43%
- 1M
- -11.03%
- YTD
- -8.51%
- 6M
- -2.05%
- 1Y
- 26.52%
- 3Y*
- 20.21%
- 5Y*
- 8.37%
- 10Y*
- 13.09%
GFFFX
- 1D
- 3.56%
- 1M
- -6.33%
- YTD
- -8.03%
- 6M
- -7.08%
- 1Y
- 17.05%
- 3Y*
- 20.50%
- 5Y*
- 9.18%
- 10Y*
- 14.56%
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ANFFX vs. GFFFX - Expense Ratio Comparison
ANFFX has a 0.78% expense ratio, which is higher than GFFFX's 0.40% expense ratio.
Return for Risk
ANFFX vs. GFFFX — Risk / Return Rank
ANFFX
GFFFX
ANFFX vs. GFFFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The New Economy Fund Class F-1 (ANFFX) and American Funds The Growth Fund of America (GFFFX). 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.
| ANFFX | GFFFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.85 | +0.45 |
Sortino ratioReturn per unit of downside risk | 1.88 | 1.36 | +0.52 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.19 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.28 | +0.49 |
Martin ratioReturn relative to average drawdown | 7.66 | 4.85 | +2.81 |
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
| ANFFX | GFFFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.85 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.46 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.74 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.75 | -0.28 |
Correlation
The correlation between ANFFX and GFFFX is 0.96, 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
ANFFX vs. GFFFX - Dividend Comparison
ANFFX's dividend yield for the trailing twelve months is around 10.82%, less than GFFFX's 11.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANFFX American Funds The New Economy Fund Class F-1 | 10.82% | 9.90% | 9.56% | 3.89% | 0.00% | 7.53% | 2.45% | 7.26% | 9.84% | 8.19% | 2.13% | 6.07% |
GFFFX American Funds The Growth Fund of America | 11.90% | 10.95% | 9.23% | 7.64% | 4.32% | 8.42% | 4.51% | 7.38% | 12.29% | 7.27% | 6.87% | 9.13% |
Drawdowns
ANFFX vs. GFFFX - Drawdown Comparison
The maximum ANFFX drawdown since its inception was -55.37%, which is greater than GFFFX's maximum drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for ANFFX and GFFFX.
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Drawdown Indicators
| ANFFX | GFFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.37% | -36.26% | -19.11% |
Max Drawdown (1Y)Largest decline over 1 year | -13.36% | -13.74% | +0.38% |
Max Drawdown (5Y)Largest decline over 5 years | -37.10% | -36.26% | -0.84% |
Max Drawdown (10Y)Largest decline over 10 years | -37.10% | -36.26% | -0.84% |
Current DrawdownCurrent decline from peak | -13.36% | -10.67% | -2.69% |
Average DrawdownAverage peak-to-trough decline | -11.43% | -5.60% | -5.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 3.62% | -0.53% |
Volatility
ANFFX vs. GFFFX - Volatility Comparison
American Funds The New Economy Fund Class F-1 (ANFFX) and American Funds The Growth Fund of America (GFFFX) have volatilities of 6.50% and 6.76%, 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.
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Volatility by Period
| ANFFX | GFFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 6.76% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 12.14% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 21.02% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.16% | 20.23% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.97% | 19.64% | -0.67% |