NEFFX vs. RGAGX
Compare and contrast key facts about American Funds The New Economy Fund® Class F-2 (NEFFX) and American Funds The Growth Fund of America Class R-6 (RGAGX).
NEFFX is managed by American Funds. It was launched on Aug 1, 2008. RGAGX is managed by American Funds. It was launched on Dec 1, 1973.
Performance
NEFFX vs. RGAGX - Performance Comparison
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NEFFX vs. RGAGX - 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% |
RGAGX American Funds The Growth Fund of America Class R-6 | -11.15% | 20.08% | 28.41% | 37.66% | -30.53% | 19.67% | 38.30% | 29.22% | -2.88% | 26.53% |
Returns By Period
In the year-to-date period, NEFFX achieves a -8.46% return, which is significantly higher than RGAGX's -11.15% return. Over the past 10 years, NEFFX has underperformed RGAGX with an annualized return of 13.41%, while RGAGX has yielded a comparatively higher 14.34% annualized return.
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%
RGAGX
- 1D
- -0.47%
- 1M
- -9.63%
- YTD
- -11.15%
- 6M
- -9.74%
- 1Y
- 13.94%
- 3Y*
- 19.23%
- 5Y*
- 8.87%
- 10Y*
- 14.34%
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NEFFX vs. RGAGX - Expense Ratio Comparison
NEFFX has a 0.52% expense ratio, which is higher than RGAGX's 0.30% expense ratio.
Return for Risk
NEFFX vs. RGAGX — Risk / Return Rank
NEFFX
RGAGX
NEFFX vs. RGAGX - 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 The Growth Fund of America Class R-6 (RGAGX). 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 | RGAGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 0.66 | +0.65 |
Sortino ratioReturn per unit of downside risk | 1.90 | 1.09 | +0.81 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.16 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.80 | 0.79 | +1.02 |
Martin ratioReturn relative to average drawdown | 7.79 | 3.04 | +4.75 |
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 | RGAGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 0.66 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.44 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.73 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.79 | -0.19 |
Correlation
The correlation between NEFFX and RGAGX 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
NEFFX vs. RGAGX - Dividend Comparison
NEFFX's dividend yield for the trailing twelve months is around 10.78%, less than RGAGX's 12.37% 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% |
RGAGX American Funds The Growth Fund of America Class R-6 | 12.37% | 10.99% | 9.29% | 7.70% | 4.44% | 8.49% | 4.57% | 7.93% | 12.36% | 7.34% | 6.95% | 9.22% |
Drawdowns
NEFFX vs. RGAGX - Drawdown Comparison
The maximum NEFFX drawdown since its inception was -45.12%, which is greater than RGAGX's maximum drawdown of -36.19%. Use the drawdown chart below to compare losses from any high point for NEFFX and RGAGX.
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Drawdown Indicators
| NEFFX | RGAGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.12% | -36.19% | -8.93% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -13.71% | +0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -36.95% | -36.19% | -0.76% |
Max Drawdown (10Y)Largest decline over 10 years | -36.95% | -36.19% | -0.76% |
Current DrawdownCurrent decline from peak | -13.32% | -13.71% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -7.66% | -5.53% | -2.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 3.55% | -0.47% |
Volatility
NEFFX vs. RGAGX - Volatility Comparison
American Funds The New Economy Fund® Class F-2 (NEFFX) has a higher volatility of 6.51% compared to American Funds The Growth Fund of America Class R-6 (RGAGX) at 5.45%. This indicates that NEFFX's price experiences larger fluctuations and is considered to be riskier than RGAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEFFX | RGAGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 5.45% | +1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 11.60% | +1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 20.75% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.16% | 20.17% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.97% | 19.61% | -0.64% |