FNWFX vs. COBYX
Compare and contrast key facts about American Funds New World Fund Class F-3 (FNWFX) and The Cook & Bynum Fund (COBYX).
FNWFX is managed by American Funds. It was launched on Jun 17, 1999. COBYX is managed by Cook & Bynum. It was launched on Jun 30, 2009.
Performance
FNWFX vs. COBYX - Performance Comparison
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FNWFX vs. COBYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNWFX American Funds New World Fund Class F-3 | -1.47% | 28.67% | 6.88% | 16.24% | -21.77% | 5.09% | 25.30% | 28.02% | -12.00% | 25.87% |
COBYX The Cook & Bynum Fund | 3.01% | 20.50% | -10.32% | 16.73% | 9.28% | 9.05% | -10.97% | 9.40% | -13.40% | 14.73% |
Returns By Period
In the year-to-date period, FNWFX achieves a -1.47% return, which is significantly lower than COBYX's 3.01% return.
FNWFX
- 1D
- 2.61%
- 1M
- -8.56%
- YTD
- -1.47%
- 6M
- 2.11%
- 1Y
- 24.01%
- 3Y*
- 13.87%
- 5Y*
- 4.79%
- 10Y*
- —
COBYX
- 1D
- 1.85%
- 1M
- -3.87%
- YTD
- 3.01%
- 6M
- 7.66%
- 1Y
- 7.10%
- 3Y*
- 7.06%
- 5Y*
- 7.72%
- 10Y*
- 3.93%
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FNWFX vs. COBYX - Expense Ratio Comparison
FNWFX has a 0.57% expense ratio, which is lower than COBYX's 1.49% expense ratio.
Return for Risk
FNWFX vs. COBYX — Risk / Return Rank
FNWFX
COBYX
FNWFX vs. COBYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund Class F-3 (FNWFX) and The Cook & Bynum Fund (COBYX). 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.
| FNWFX | COBYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 0.62 | +0.97 |
Sortino ratioReturn per unit of downside risk | 2.19 | 0.92 | +1.28 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.14 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.05 | +0.78 |
Martin ratioReturn relative to average drawdown | 7.63 | 3.15 | +4.48 |
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
| FNWFX | COBYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 0.62 | +0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.56 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.35 | +0.24 |
Correlation
The correlation between FNWFX and COBYX is 0.56, 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
FNWFX vs. COBYX - Dividend Comparison
FNWFX's dividend yield for the trailing twelve months is around 6.18%, more than COBYX's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FNWFX American Funds New World Fund Class F-3 | 6.18% | 6.09% | 4.10% | 2.88% | 1.33% | 7.32% | 0.43% | 4.04% | 2.70% | 2.27% | 0.00% |
COBYX The Cook & Bynum Fund | 1.14% | 1.18% | 0.00% | 1.01% | 1.16% | 2.18% | 0.32% | 0.69% | 12.60% | 1.88% | 5.09% |
Drawdowns
FNWFX vs. COBYX - Drawdown Comparison
The maximum FNWFX drawdown since its inception was -33.40%, roughly equal to the maximum COBYX drawdown of -34.18%. Use the drawdown chart below to compare losses from any high point for FNWFX and COBYX.
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Drawdown Indicators
| FNWFX | COBYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.40% | -34.18% | +0.78% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -8.95% | -4.05% |
Max Drawdown (5Y)Largest decline over 5 years | -33.40% | -17.10% | -16.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.18% | — |
Current DrawdownCurrent decline from peak | -10.73% | -6.21% | -4.52% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -6.86% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.99% | +0.14% |
Volatility
FNWFX vs. COBYX - Volatility Comparison
American Funds New World Fund Class F-3 (FNWFX) has a higher volatility of 7.09% compared to The Cook & Bynum Fund (COBYX) at 5.20%. This indicates that FNWFX's price experiences larger fluctuations and is considered to be riskier than COBYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNWFX | COBYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 5.20% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 8.42% | +2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.62% | 14.59% | +1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 13.98% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.32% | 13.55% | +2.77% |