Correlation
The correlation between NEWFX and VTPSX is 0.80, 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.
NEWFX vs. VTPSX
Compare and contrast key facts about American Funds New World Fund (NEWFX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX).
NEWFX is managed by American Funds. It was launched on Jun 16, 1999. VTPSX is managed by Vanguard. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEWFX or VTPSX.
Performance
NEWFX vs. VTPSX - Performance Comparison
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Key characteristics
NEWFX:
0.59
VTPSX:
0.83
NEWFX:
0.89
VTPSX:
1.22
NEWFX:
1.12
VTPSX:
1.17
NEWFX:
0.50
VTPSX:
0.98
NEWFX:
1.96
VTPSX:
3.07
NEWFX:
4.43%
VTPSX:
4.19%
NEWFX:
15.29%
VTPSX:
15.60%
NEWFX:
-56.45%
VTPSX:
-35.77%
NEWFX:
-0.28%
VTPSX:
0.00%
Returns By Period
In the year-to-date period, NEWFX achieves a 10.34% return, which is significantly lower than VTPSX's 14.42% return. Over the past 10 years, NEWFX has outperformed VTPSX with an annualized return of 6.75%, while VTPSX has yielded a comparatively lower 5.67% annualized return.
NEWFX
10.34%
7.63%
8.81%
8.93%
8.82%
8.99%
6.75%
VTPSX
14.42%
6.31%
12.91%
12.86%
9.48%
10.56%
5.67%
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NEWFX vs. VTPSX - Expense Ratio Comparison
NEWFX has a 0.96% expense ratio, which is higher than VTPSX's 0.07% expense ratio.
Risk-Adjusted Performance
NEWFX vs. VTPSX — Risk-Adjusted Performance Rank
NEWFX
VTPSX
NEWFX vs. VTPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX). 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.
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Dividends
NEWFX vs. VTPSX - Dividend Comparison
NEWFX's dividend yield for the trailing twelve months is around 3.32%, more than VTPSX's 2.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | 3.32% | 3.66% | 2.46% | 0.89% | 6.89% | 0.10% | 3.65% | 2.26% | 1.89% | 0.92% | 0.60% | 5.84% |
VTPSX Vanguard Total International Stock Index Fund Institutional Plus Shares | 2.90% | 3.37% | 3.25% | 3.09% | 3.09% | 2.13% | 3.08% | 3.20% | 2.77% | 2.97% | 2.89% | 3.44% |
Drawdowns
NEWFX vs. VTPSX - Drawdown Comparison
The maximum NEWFX drawdown since its inception was -56.45%, which is greater than VTPSX's maximum drawdown of -35.77%. Use the drawdown chart below to compare losses from any high point for NEWFX and VTPSX.
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Volatility
NEWFX vs. VTPSX - Volatility Comparison
American Funds New World Fund (NEWFX) has a higher volatility of 3.01% compared to Vanguard Total International Stock Index Fund Institutional Plus Shares (VTPSX) at 2.46%. This indicates that NEWFX's price experiences larger fluctuations and is considered to be riskier than VTPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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