NEFFX vs. ANCFX
Compare and contrast key facts about American Funds The New Economy Fund® Class F-2 (NEFFX) and American Funds Fundamental Investors Class A (ANCFX).
NEFFX is managed by American Funds. It was launched on Aug 1, 2008. ANCFX is managed by American Funds. It was launched on Jan 8, 1978.
Performance
NEFFX vs. ANCFX - Performance Comparison
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NEFFX vs. ANCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEFFX American Funds The New Economy Fund® Class F-2 | -8.46% | 31.31% | 23.87% | 29.47% | -29.50% | 12.31% | 33.79% | 26.75% | -4.17% | 34.66% |
ANCFX American Funds Fundamental Investors Class A | -6.13% | 24.21% | 22.73% | 25.86% | -16.66% | 22.43% | 14.92% | 27.07% | -8.13% | 22.80% |
Returns By Period
In the year-to-date period, NEFFX achieves a -8.46% return, which is significantly lower than ANCFX's -6.13% return. Both investments have delivered pretty close results over the past 10 years, with NEFFX having a 13.41% annualized return and ANCFX not far behind at 12.92%.
NEFFX
- 1D
- -1.44%
- 1M
- -11.32%
- YTD
- -8.46%
- 6M
- -0.86%
- 1Y
- 27.68%
- 3Y*
- 20.54%
- 5Y*
- 8.67%
- 10Y*
- 13.41%
ANCFX
- 1D
- -0.62%
- 1M
- -9.88%
- YTD
- -6.13%
- 6M
- -2.09%
- 1Y
- 20.46%
- 3Y*
- 19.35%
- 5Y*
- 11.57%
- 10Y*
- 12.92%
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NEFFX vs. ANCFX - Expense Ratio Comparison
NEFFX has a 0.52% expense ratio, which is lower than ANCFX's 0.59% expense ratio.
Return for Risk
NEFFX vs. ANCFX — Risk / Return Rank
NEFFX
ANCFX
NEFFX vs. ANCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds The New Economy Fund® Class F-2 (NEFFX) and American Funds Fundamental Investors Class A (ANCFX). 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.
| NEFFX | ANCFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 1.16 | +0.16 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.75 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.80 | 1.61 | +0.20 |
Martin ratioReturn relative to average drawdown | 7.79 | 7.19 | +0.60 |
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
| NEFFX | ANCFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.16 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.70 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.73 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.61 | -0.01 |
Correlation
The correlation between NEFFX and ANCFX is 0.93, 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
NEFFX vs. ANCFX - Dividend Comparison
NEFFX's dividend yield for the trailing twelve months is around 10.78%, more than ANCFX's 9.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEFFX American Funds The New Economy Fund® Class F-2 | 10.78% | 9.87% | 9.61% | 4.19% | 0.19% | 7.55% | 2.69% | 7.57% | 10.31% | 8.50% | 2.51% | 6.41% |
ANCFX American Funds Fundamental Investors Class A | 9.11% | 8.54% | 8.90% | 5.80% | 4.98% | 10.97% | 2.61% | 6.91% | 9.31% | 7.28% | 4.71% | 6.08% |
Drawdowns
NEFFX vs. ANCFX - Drawdown Comparison
The maximum NEFFX drawdown since its inception was -45.12%, smaller than the maximum ANCFX drawdown of -53.29%. Use the drawdown chart below to compare losses from any high point for NEFFX and ANCFX.
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Drawdown Indicators
| NEFFX | ANCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.12% | -53.29% | +8.17% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -11.35% | -1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -36.95% | -25.07% | -11.88% |
Max Drawdown (10Y)Largest decline over 10 years | -36.95% | -33.93% | -3.02% |
Current DrawdownCurrent decline from peak | -13.32% | -10.66% | -2.66% |
Average DrawdownAverage peak-to-trough decline | -7.66% | -7.34% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.54% | +0.54% |
Volatility
NEFFX vs. ANCFX - Volatility Comparison
American Funds The New Economy Fund® Class F-2 (NEFFX) has a higher volatility of 6.51% compared to American Funds Fundamental Investors Class A (ANCFX) at 4.98%. This indicates that NEFFX's price experiences larger fluctuations and is considered to be riskier than ANCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEFFX | ANCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 4.98% | +1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 10.64% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 17.94% | +2.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.16% | 16.67% | +2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.97% | 17.65% | +1.32% |