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NFFFX vs. VEA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NFFFX and VEA 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. VEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds New World Fund (NFFFX) and Vanguard FTSE Developed Markets ETF (VEA). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NFFFX:

0.29

VEA:

0.64

Sortino Ratio

NFFFX:

0.56

VEA:

1.01

Omega Ratio

NFFFX:

1.08

VEA:

1.13

Calmar Ratio

NFFFX:

0.20

VEA:

0.81

Martin Ratio

NFFFX:

0.89

VEA:

2.44

Ulcer Index

NFFFX:

5.67%

VEA:

4.45%

Daily Std Dev

NFFFX:

15.54%

VEA:

17.25%

Max Drawdown

NFFFX:

-50.17%

VEA:

-60.69%

Current Drawdown

NFFFX:

-9.61%

VEA:

-0.54%

Returns By Period

In the year-to-date period, NFFFX achieves a 9.91% return, which is significantly lower than VEA's 15.34% return. Over the past 10 years, NFFFX has underperformed VEA with an annualized return of 5.18%, while VEA has yielded a comparatively higher 5.80% annualized return.


NFFFX

YTD

9.91%

1M

12.12%

6M

5.57%

1Y

4.87%

3Y*

8.74%

5Y*

7.42%

10Y*

5.18%

VEA

YTD

15.34%

1M

8.69%

6M

13.87%

1Y

11.01%

3Y*

11.16%

5Y*

12.13%

10Y*

5.80%

*Annualized

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American Funds New World Fund

NFFFX vs. VEA - Expense Ratio Comparison

NFFFX has a 0.68% expense ratio, which is higher than VEA's 0.05% expense ratio.


Risk-Adjusted Performance

NFFFX vs. VEA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFFFX
The Risk-Adjusted Performance Rank of NFFFX is 3737
Overall Rank
The Sharpe Ratio Rank of NFFFX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of NFFFX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of NFFFX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of NFFFX is 3636
Calmar Ratio Rank
The Martin Ratio Rank of NFFFX is 3737
Martin Ratio Rank

VEA
The Risk-Adjusted Performance Rank of VEA is 6363
Overall Rank
The Sharpe Ratio Rank of VEA is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of VEA is 6060
Sortino Ratio Rank
The Omega Ratio Rank of VEA is 5959
Omega Ratio Rank
The Calmar Ratio Rank of VEA is 7474
Calmar Ratio Rank
The Martin Ratio Rank of VEA is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NFFFX vs. VEA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds New World Fund (NFFFX) and Vanguard FTSE Developed Markets ETF (VEA). 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.


The current NFFFX Sharpe Ratio is 0.29, which is lower than the VEA Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of NFFFX and VEA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NFFFX vs. VEA - Dividend Comparison

NFFFX's dividend yield for the trailing twelve months is around 1.08%, less than VEA's 2.84% yield.


TTM20242023202220212020201920182017201620152014
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%
VEA
Vanguard FTSE Developed Markets ETF
2.84%3.36%3.16%2.91%3.16%2.04%3.04%3.35%2.77%3.05%2.92%3.68%

Drawdowns

NFFFX vs. VEA - Drawdown Comparison

The maximum NFFFX drawdown since its inception was -50.17%, smaller than the maximum VEA drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for NFFFX and VEA. For additional features, visit the drawdowns tool.


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Volatility

NFFFX vs. VEA - Volatility Comparison

American Funds New World Fund (NFFFX) has a higher volatility of 3.28% compared to Vanguard FTSE Developed Markets ETF (VEA) at 2.76%. This indicates that NFFFX's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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