NFFFX vs. VEA
Compare and contrast key facts about American Funds New World Fund (NFFFX) and Vanguard FTSE Developed Markets ETF (VEA).
NFFFX is managed by American Funds. It was launched on Jun 17, 1999. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFFFX or VEA.
Correlation
The correlation between NFFFX and VEA 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. VEA - Performance Comparison
Key characteristics
NFFFX:
0.71
VEA:
1.05
NFFFX:
1.03
VEA:
1.50
NFFFX:
1.13
VEA:
1.19
NFFFX:
0.42
VEA:
1.38
NFFFX:
2.05
VEA:
3.25
NFFFX:
4.13%
VEA:
4.14%
NFFFX:
11.93%
VEA:
12.85%
NFFFX:
-50.17%
VEA:
-60.69%
NFFFX:
-13.75%
VEA:
-1.93%
Returns By Period
In the year-to-date period, NFFFX achieves a 4.87% return, which is significantly lower than VEA's 7.72% return. Over the past 10 years, NFFFX has underperformed VEA with an annualized return of 4.98%, while VEA has yielded a comparatively higher 5.59% annualized return.
NFFFX
4.87%
3.76%
-0.27%
6.81%
3.42%
4.98%
VEA
7.72%
6.05%
1.98%
10.74%
6.47%
5.59%
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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
NFFFX
VEA
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.
Dividends
NFFFX vs. VEA - Dividend Comparison
NFFFX's dividend yield for the trailing twelve months is around 1.13%, less than VEA's 3.12% 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% |
VEA Vanguard FTSE Developed Markets ETF | 3.12% | 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.
Volatility
NFFFX vs. VEA - Volatility Comparison
The current volatility for American Funds New World Fund (NFFFX) is 3.10%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 3.53%. This indicates that NFFFX experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.