NEWFX vs. VTSAX
Compare and contrast key facts about American Funds New World Fund (NEWFX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX).
NEWFX is managed by American Funds. It was launched on Jun 16, 1999. VTSAX is managed by Vanguard. It was launched on Nov 13, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEWFX or VTSAX.
Correlation
The correlation between NEWFX and VTSAX 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.
Performance
NEWFX vs. VTSAX - Performance Comparison
Key characteristics
NEWFX:
0.49
VTSAX:
2.09
NEWFX:
0.72
VTSAX:
2.78
NEWFX:
1.10
VTSAX:
1.39
NEWFX:
0.33
VTSAX:
3.13
NEWFX:
2.05
VTSAX:
13.34
NEWFX:
2.86%
VTSAX:
2.01%
NEWFX:
12.03%
VTSAX:
12.85%
NEWFX:
-56.09%
VTSAX:
-55.34%
NEWFX:
-12.28%
VTSAX:
-3.10%
Returns By Period
In the year-to-date period, NEWFX achieves a 3.33% return, which is significantly lower than VTSAX's 24.80% return. Over the past 10 years, NEWFX has underperformed VTSAX with an annualized return of 5.90%, while VTSAX has yielded a comparatively higher 12.51% annualized return.
NEWFX
3.33%
-4.18%
-3.69%
4.61%
4.10%
5.90%
VTSAX
24.80%
-0.64%
9.96%
25.16%
14.07%
12.51%
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. VTSAX - Expense Ratio Comparison
NEWFX has a 0.96% expense ratio, which is higher than VTSAX's 0.04% expense ratio.
Risk-Adjusted Performance
NEWFX vs. VTSAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NEWFX) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). 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.
Dividends
NEWFX vs. VTSAX - Dividend Comparison
NEWFX has not paid dividends to shareholders, while VTSAX's dividend yield for the trailing twelve months is around 0.93%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEWFX American Funds New World Fund | 0.00% | 2.46% | 0.89% | 6.89% | 0.10% | 3.65% | 1.02% | 0.94% | 0.92% | 0.60% | 6.75% | 2.97% |
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares | 0.93% | 1.43% | 1.65% | 1.20% | 1.41% | 1.77% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
NEWFX vs. VTSAX - Drawdown Comparison
The maximum NEWFX drawdown since its inception was -56.09%, roughly equal to the maximum VTSAX drawdown of -55.34%. Use the drawdown chart below to compare losses from any high point for NEWFX and VTSAX. For additional features, visit the drawdowns tool.
Volatility
NEWFX vs. VTSAX - Volatility Comparison
American Funds New World Fund (NEWFX) has a higher volatility of 4.83% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 4.06%. This indicates that NEWFX's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.