NFFFX vs. IEFA
Compare and contrast key facts about American Funds New World Fund (NFFFX) and iShares Core MSCI EAFE ETF (IEFA).
NFFFX is managed by American Funds. It was launched on Jun 17, 1999. IEFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFFFX or IEFA.
Correlation
The correlation between NFFFX and IEFA 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.
Performance
NFFFX vs. IEFA - Performance Comparison
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Key characteristics
NFFFX:
0.29
IEFA:
0.66
NFFFX:
0.56
IEFA:
1.04
NFFFX:
1.08
IEFA:
1.14
NFFFX:
0.20
IEFA:
0.83
NFFFX:
0.89
IEFA:
2.43
NFFFX:
5.67%
IEFA:
4.70%
NFFFX:
15.54%
IEFA:
17.59%
NFFFX:
-50.17%
IEFA:
-34.79%
NFFFX:
-9.61%
IEFA:
-0.58%
Returns By Period
In the year-to-date period, NFFFX achieves a 9.91% return, which is significantly lower than IEFA's 16.32% return. Over the past 10 years, NFFFX has underperformed IEFA with an annualized return of 5.18%, while IEFA has yielded a comparatively higher 5.82% annualized return.
NFFFX
9.91%
12.12%
5.57%
4.87%
8.74%
7.42%
5.18%
IEFA
16.32%
8.96%
15.43%
11.51%
11.96%
12.06%
5.82%
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NFFFX vs. IEFA - Expense Ratio Comparison
NFFFX has a 0.68% expense ratio, which is higher than IEFA's 0.07% expense ratio.
Risk-Adjusted Performance
NFFFX vs. IEFA — Risk-Adjusted Performance Rank
NFFFX
IEFA
NFFFX vs. IEFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NFFFX) and iShares Core MSCI EAFE ETF (IEFA). 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
NFFFX vs. IEFA - Dividend Comparison
NFFFX's dividend yield for the trailing twelve months is around 1.08%, less than IEFA's 2.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFFFX American Funds New World Fund | 1.08% | 1.18% | 1.56% | 1.21% | 0.75% | 0.35% | 1.34% | 1.37% | 1.21% | 1.28% | 0.94% | 7.46% |
IEFA iShares Core MSCI EAFE ETF | 2.98% | 3.47% | 3.20% | 2.70% | 3.32% | 1.90% | 3.18% | 3.46% | 2.57% | 2.96% | 2.63% | 3.10% |
Drawdowns
NFFFX vs. IEFA - Drawdown Comparison
The maximum NFFFX drawdown since its inception was -50.17%, which is greater than IEFA's maximum drawdown of -34.79%. Use the drawdown chart below to compare losses from any high point for NFFFX and IEFA. For additional features, visit the drawdowns tool.
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Volatility
NFFFX vs. IEFA - Volatility Comparison
American Funds New World Fund (NFFFX) has a higher volatility of 3.28% compared to iShares Core MSCI EAFE ETF (IEFA) at 2.75%. This indicates that NFFFX's price experiences larger fluctuations and is considered to be riskier than IEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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