NEWFX vs. AMCPX
Compare and contrast key facts about American Funds New World Fund (NEWFX) and American Funds AMCAP Fund Class A (AMCPX).
NEWFX is managed by American Funds. It was launched on Jun 16, 1999. AMCPX is managed by American Funds. It was launched on Jan 5, 1967.
Performance
NEWFX vs. AMCPX - Performance Comparison
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NEWFX vs. AMCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | -1.57% | 28.16% | 6.45% | 15.75% | -22.08% | 4.69% | 24.79% | 27.51% | -12.32% | 32.56% |
AMCPX American Funds AMCAP Fund Class A | -8.56% | 17.68% | 21.11% | 31.04% | -28.67% | 20.57% | 21.42% | 26.35% | -4.42% | 22.08% |
Returns By Period
In the year-to-date period, NEWFX achieves a -1.57% return, which is significantly higher than AMCPX's -8.56% return. Over the past 10 years, NEWFX has underperformed AMCPX with an annualized return of 9.32%, while AMCPX has yielded a comparatively higher 11.00% annualized return.
NEWFX
- 1D
- 2.62%
- 1M
- -8.59%
- YTD
- -1.57%
- 6M
- 1.91%
- 1Y
- 23.53%
- 3Y*
- 13.41%
- 5Y*
- 4.37%
- 10Y*
- 9.32%
AMCPX
- 1D
- 3.69%
- 1M
- -6.51%
- YTD
- -8.56%
- 6M
- -6.41%
- 1Y
- 14.53%
- 3Y*
- 15.78%
- 5Y*
- 6.65%
- 10Y*
- 11.00%
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NEWFX vs. AMCPX - Expense Ratio Comparison
NEWFX has a 0.96% expense ratio, which is higher than AMCPX's 0.65% expense ratio.
Return for Risk
NEWFX vs. AMCPX — Risk / Return Rank
NEWFX
AMCPX
NEWFX vs. AMCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and American Funds AMCAP Fund Class A (AMCPX). 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.
| NEWFX | AMCPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 0.77 | +0.79 |
Sortino ratioReturn per unit of downside risk | 2.16 | 1.23 | +0.92 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.17 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.06 | +0.73 |
Martin ratioReturn relative to average drawdown | 7.45 | 4.25 | +3.21 |
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
| NEWFX | AMCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 0.77 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.35 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.59 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.58 | -0.09 |
Correlation
The correlation between NEWFX and AMCPX is 0.76, 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
NEWFX vs. AMCPX - Dividend Comparison
NEWFX's dividend yield for the trailing twelve months is around 5.80%, less than AMCPX's 9.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | 5.80% | 5.71% | 3.66% | 2.46% | 0.89% | 6.89% | 0.10% | 3.65% | 2.26% | 1.90% | 0.92% | 0.60% |
AMCPX American Funds AMCAP Fund Class A | 9.54% | 8.73% | 8.19% | 3.26% | 7.54% | 3.43% | 3.88% | 4.90% | 7.84% | 5.37% | 3.81% | 8.86% |
Drawdowns
NEWFX vs. AMCPX - Drawdown Comparison
The maximum NEWFX drawdown since its inception was -56.71%, smaller than the maximum AMCPX drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for NEWFX and AMCPX.
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Drawdown Indicators
| NEWFX | AMCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.71% | -62.37% | +5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | -14.18% | +1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -33.68% | -36.90% | +3.22% |
Max Drawdown (10Y)Largest decline over 10 years | -33.68% | -36.90% | +3.22% |
Current DrawdownCurrent decline from peak | -10.76% | -11.01% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -11.80% | -9.60% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 3.54% | -0.40% |
Volatility
NEWFX vs. AMCPX - Volatility Comparison
American Funds New World Fund (NEWFX) has a higher volatility of 7.10% compared to American Funds AMCAP Fund Class A (AMCPX) at 6.69%. This indicates that NEWFX's price experiences larger fluctuations and is considered to be riskier than AMCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEWFX | AMCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 6.69% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 11.65% | -0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 19.90% | -4.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 19.19% | -4.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 18.67% | -2.69% |