NFFFX vs. SPEM
Compare and contrast key facts about American Funds New World Fund (NFFFX) and SPDR Portfolio Emerging Markets ETF (SPEM).
NFFFX is managed by American Funds. It was launched on Jun 17, 1999. SPEM is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets BMI. It was launched on Mar 19, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFFFX or SPEM.
Correlation
The correlation between NFFFX and SPEM is 0.87, 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. SPEM - Performance Comparison
Key characteristics
NFFFX:
0.59
SPEM:
1.22
NFFFX:
0.87
SPEM:
1.76
NFFFX:
1.11
SPEM:
1.22
NFFFX:
0.35
SPEM:
0.97
NFFFX:
1.68
SPEM:
3.72
NFFFX:
4.17%
SPEM:
4.76%
NFFFX:
11.92%
SPEM:
14.52%
NFFFX:
-50.17%
SPEM:
-64.41%
NFFFX:
-13.60%
SPEM:
-4.10%
Returns By Period
In the year-to-date period, NFFFX achieves a 5.05% return, which is significantly lower than SPEM's 5.34% return. Over the past 10 years, NFFFX has outperformed SPEM with an annualized return of 5.03%, while SPEM has yielded a comparatively lower 4.70% annualized return.
NFFFX
5.05%
2.67%
0.64%
7.05%
3.75%
5.03%
SPEM
5.34%
4.74%
7.33%
17.22%
4.98%
4.70%
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NFFFX vs. SPEM - Expense Ratio Comparison
NFFFX has a 0.68% expense ratio, which is higher than SPEM's 0.11% expense ratio.
Risk-Adjusted Performance
NFFFX vs. SPEM — Risk-Adjusted Performance Rank
NFFFX
SPEM
NFFFX vs. SPEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NFFFX) and SPDR Portfolio Emerging Markets ETF (SPEM). 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
NFFFX vs. SPEM - Dividend Comparison
NFFFX's dividend yield for the trailing twelve months is around 1.13%, less than SPEM's 2.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFFFX American Funds New World Fund | 1.13% | 1.18% | 1.56% | 1.21% | 0.75% | 0.35% | 1.34% | 1.37% | 1.21% | 1.28% | 0.94% | 7.46% |
SPEM SPDR Portfolio Emerging Markets ETF | 2.64% | 2.78% | 2.80% | 3.38% | 3.14% | 1.92% | 2.94% | 2.34% | 1.12% | 1.51% | 2.40% | 2.26% |
Drawdowns
NFFFX vs. SPEM - Drawdown Comparison
The maximum NFFFX drawdown since its inception was -50.17%, smaller than the maximum SPEM drawdown of -64.41%. Use the drawdown chart below to compare losses from any high point for NFFFX and SPEM. For additional features, visit the drawdowns tool.
Volatility
NFFFX vs. SPEM - Volatility Comparison
The current volatility for American Funds New World Fund (NFFFX) is 2.95%, while SPDR Portfolio Emerging Markets ETF (SPEM) has a volatility of 3.43%. This indicates that NFFFX experiences smaller price fluctuations and is considered to be less risky than SPEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.