NFFFX vs. SPY
Compare and contrast key facts about American Funds New World Fund (NFFFX) and SPDR S&P 500 ETF (SPY).
NFFFX is managed by American Funds. It was launched on Jun 17, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFFFX or SPY.
Correlation
The correlation between NFFFX and SPY is 0.81, 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. SPY - Performance Comparison
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Key characteristics
NFFFX:
0.33
SPY:
0.66
NFFFX:
0.58
SPY:
1.08
NFFFX:
1.08
SPY:
1.16
NFFFX:
0.22
SPY:
0.72
NFFFX:
0.94
SPY:
2.78
NFFFX:
5.67%
SPY:
4.88%
NFFFX:
15.57%
SPY:
20.26%
NFFFX:
-50.17%
SPY:
-55.19%
NFFFX:
-9.36%
SPY:
-2.99%
Returns By Period
In the year-to-date period, NFFFX achieves a 10.21% return, which is significantly higher than SPY's 1.46% return. Over the past 10 years, NFFFX has underperformed SPY with an annualized return of 5.21%, while SPY has yielded a comparatively higher 12.71% annualized return.
NFFFX
10.21%
11.77%
5.95%
4.77%
8.83%
7.34%
5.21%
SPY
1.46%
12.62%
1.07%
13.27%
16.71%
16.68%
12.71%
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NFFFX vs. SPY - Expense Ratio Comparison
NFFFX has a 0.68% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
NFFFX vs. SPY — Risk-Adjusted Performance Rank
NFFFX
SPY
NFFFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NFFFX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
NFFFX's dividend yield for the trailing twelve months is around 1.07%, less than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFFFX American Funds New World Fund | 1.07% | 1.18% | 1.56% | 1.21% | 0.75% | 0.35% | 1.34% | 1.37% | 1.21% | 1.28% | 0.94% | 7.46% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NFFFX vs. SPY - Drawdown Comparison
The maximum NFFFX drawdown since its inception was -50.17%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NFFFX and SPY. For additional features, visit the drawdowns tool.
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Volatility
NFFFX vs. SPY - Volatility Comparison
The current volatility for American Funds New World Fund (NFFFX) is 3.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.66%. This indicates that NFFFX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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