NEWFX vs. AMECX
Compare and contrast key facts about American Funds New World Fund (NEWFX) and American Funds The Income Fund of America Class A (AMECX).
NEWFX is managed by American Funds. It was launched on Jun 16, 1999. AMECX is managed by American Funds. It was launched on Dec 1, 1973.
Performance
NEWFX vs. AMECX - Performance Comparison
Loading graphics...
NEWFX vs. AMECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | -4.07% | 28.16% | 6.45% | 15.75% | -22.08% | 4.69% | 24.79% | 27.51% | -12.32% | 32.56% |
AMECX American Funds The Income Fund of America Class A | 1.48% | 17.77% | 10.84% | 6.79% | -6.40% | 17.37% | 4.49% | 18.50% | -5.27% | 12.58% |
Returns By Period
In the year-to-date period, NEWFX achieves a -4.07% return, which is significantly lower than AMECX's 1.48% return. Over the past 10 years, NEWFX has outperformed AMECX with an annualized return of 9.04%, while AMECX has yielded a comparatively lower 8.21% annualized return.
NEWFX
- 1D
- -0.63%
- 1M
- -11.97%
- YTD
- -4.07%
- 6M
- -0.04%
- 1Y
- 21.01%
- 3Y*
- 12.44%
- 5Y*
- 4.18%
- 10Y*
- 9.04%
AMECX
- 1D
- 0.23%
- 1M
- -5.74%
- YTD
- 1.48%
- 6M
- 4.22%
- 1Y
- 14.19%
- 3Y*
- 11.95%
- 5Y*
- 7.95%
- 10Y*
- 8.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NEWFX vs. AMECX - Expense Ratio Comparison
NEWFX has a 0.96% expense ratio, which is higher than AMECX's 0.56% expense ratio.
Return for Risk
NEWFX vs. AMECX — Risk / Return Rank
NEWFX
AMECX
NEWFX vs. AMECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and American Funds The Income Fund of America Class A (AMECX). 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 | AMECX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.55 | -0.23 |
Sortino ratioReturn per unit of downside risk | 1.84 | 2.13 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.71 | -0.30 |
Martin ratioReturn relative to average drawdown | 5.98 | 8.01 | -2.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NEWFX | AMECX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.55 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.85 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.77 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.72 | -0.23 |
Correlation
The correlation between NEWFX and AMECX is 0.77, 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. AMECX - Dividend Comparison
NEWFX's dividend yield for the trailing twelve months is around 5.95%, less than AMECX's 9.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | 5.95% | 5.71% | 3.66% | 2.46% | 0.89% | 6.89% | 0.10% | 3.65% | 2.26% | 1.90% | 0.92% | 0.60% |
AMECX American Funds The Income Fund of America Class A | 9.86% | 9.94% | 6.38% | 2.93% | 6.98% | 6.67% | 2.80% | 5.01% | 7.48% | 4.26% | 3.09% | 5.09% |
Drawdowns
NEWFX vs. AMECX - Drawdown Comparison
The maximum NEWFX drawdown since its inception was -56.71%, which is greater than AMECX's maximum drawdown of -41.92%. Use the drawdown chart below to compare losses from any high point for NEWFX and AMECX.
Loading graphics...
Drawdown Indicators
| NEWFX | AMECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.71% | -41.92% | -14.79% |
Max Drawdown (1Y)Largest decline over 1 year | -13.03% | -8.19% | -4.84% |
Max Drawdown (5Y)Largest decline over 5 years | -33.68% | -15.78% | -17.90% |
Max Drawdown (10Y)Largest decline over 10 years | -33.68% | -26.13% | -7.55% |
Current DrawdownCurrent decline from peak | -13.03% | -5.74% | -7.29% |
Average DrawdownAverage peak-to-trough decline | -11.80% | -4.46% | -7.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 1.74% | +1.32% |
Volatility
NEWFX vs. AMECX - Volatility Comparison
American Funds New World Fund (NEWFX) has a higher volatility of 6.38% compared to American Funds The Income Fund of America Class A (AMECX) at 2.94%. This indicates that NEWFX's price experiences larger fluctuations and is considered to be riskier than AMECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NEWFX | AMECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.38% | 2.94% | +3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 10.73% | 5.49% | +5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.46% | 9.48% | +5.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.12% | 9.44% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.96% | 10.66% | +5.30% |