NFFFX vs. EMF
NFFFX (American Funds New World Fund) and EMF (Templeton Emerging Markets Fund) are both Emerging Markets Equities funds. Over the past 10 years, NFFFX returned 11.46%/yr vs 15.50%/yr for EMF. A 0.80 correlation means they provide meaningful diversification when combined. NFFFX charges 0.68%/yr vs 1.43%/yr for EMF.
Performance
NFFFX vs. EMF - Performance Comparison
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Returns By Period
In the year-to-date period, NFFFX achieves a 15.18% return, which is significantly lower than EMF's 37.12% return. Over the past 10 years, NFFFX has underperformed EMF with an annualized return of 11.46%, while EMF has yielded a comparatively higher 15.50% annualized return.
NFFFX
- 1D
- -3.01%
- 1M
- 2.41%
- YTD
- 15.18%
- 6M
- 15.22%
- 1Y
- 30.10%
- 3Y*
- 18.59%
- 5Y*
- 6.41%
- 10Y*
- 11.46%
EMF
- 1D
- -1.00%
- 1M
- 5.32%
- YTD
- 37.12%
- 6M
- 41.69%
- 1Y
- 75.18%
- 3Y*
- 34.87%
- 5Y*
- 11.38%
- 10Y*
- 15.50%
NFFFX vs. EMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NFFFX American Funds New World Fund | 15.18% | 28.52% | 6.78% | 16.11% | -21.86% | 4.98% | 25.17% | 27.89% | -12.08% | 32.92% |
EMF Templeton Emerging Markets Fund | 37.12% | 58.20% | 6.56% | 8.84% | -21.53% | -8.23% | 24.48% | 27.20% | -14.78% | 53.55% |
Correlation
The correlation between NFFFX and EMF is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2008 | 0.80 |
The correlation between NFFFX and EMF has been stable across timeframes, ranging from 0.72 to 0.80 - a consistent structural relationship.
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Return for Risk
NFFFX vs. EMF — Risk / Return Rank
NFFFX
EMF
NFFFX vs. EMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NFFFX) and Templeton Emerging Markets Fund (EMF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFFFX | EMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.56 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 3.88 | -1.34 |
| Martin ratioReturn relative to average drawdown | 10.13 | 15.07 | -4.94 |
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Drawdowns
NFFFX vs. EMF - Drawdown Comparison
The maximum NFFFX drawdown since its inception was -50.17%, smaller than the maximum EMF drawdown of -76.97%. Use the drawdown chart below to compare losses from any high point for NFFFX and EMF.
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Drawdown Indicators
| NFFFX | EMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.17% | -76.97% | +26.80% |
Max Drawdown (1Y)Largest decline over 1 year | -13.01% | -19.48% | +6.47% |
Max Drawdown (3Y)Largest decline over 3 years | -15.05% | -19.48% | +4.43% |
Max Drawdown (5Y)Largest decline over 5 years | -33.48% | -45.08% | +11.60% |
Max Drawdown (10Y)Largest decline over 10 years | -33.48% | -47.65% | +14.17% |
Current DrawdownCurrent decline from peak | -3.01% | -6.55% | +3.54% |
Average DrawdownAverage peak-to-trough decline | -9.79% | -28.96% | +19.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 5.00% | -1.75% |
Volatility
NFFFX vs. EMF - Volatility Comparison
The current volatility for American Funds New World Fund (NFFFX) is 8.23%, while Templeton Emerging Markets Fund (EMF) has a volatility of 11.30%. This indicates that NFFFX experiences smaller price fluctuations and is considered to be less risky than EMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFFFX | EMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 11.30% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 14.61% | 22.08% | -7.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.49% | 24.42% | -7.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.78% | 20.89% | -5.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 20.68% | -4.46% |
NFFFX vs. EMF - Expense Ratio Comparison
NFFFX has a 0.68% expense ratio, which is lower than EMF's 1.43% expense ratio.
Dividends
NFFFX vs. EMF - Dividend Comparison
NFFFX's dividend yield for the trailing twelve months is around 5.22%, less than EMF's 7.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMF Templeton Emerging Markets Fund | 7.34% | 9.73% | 4.28% | 6.22% | 9.89% | 6.92% | 3.51% | 7.36% | 5.92% | 12.11% | 1.62% | 12.81% |
NFFFX American Funds New World Fund | 5.22% | 6.01% | 4.01% | 2.78% | 1.21% | 7.23% | 0.35% | 3.95% | 2.62% | 2.17% | 1.28% | 0.94% |
Frequently Asked Questions
NFFFX and EMF have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMF has higher volatility (11.30%) compared to NFFFX (8.23%). In terms of maximum drawdown, NFFFX dropped -50.17% vs EMF's -76.97%.
EMF currently has the higher Sharpe Ratio (3.11 vs 2.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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