SGARX vs. ANEFX
SGARX (Virtus SGA Global Growth Fund) and ANEFX (American Funds The New Economy Fund Class A) are both Global Equities funds. Over the past 5 years, SGARX returned -0.01%/yr vs 11.75%/yr for ANEFX. Their correlation of 0.88 means they have usually moved in the same direction. SGARX charges 0.91%/yr vs 0.72%/yr for ANEFX.
Performance
SGARX vs. ANEFX - Performance Comparison
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Returns By Period
In the year-to-date period, SGARX achieves a -6.28% return, which is significantly lower than ANEFX's 14.11% return.
SGARX
- 1D
- 1.61%
- 1M
- -0.52%
- 6M
- -3.82%
- YTD
- -6.28%
- 1Y
- -6.13%
- 3Y*
- 4.28%
- 5Y*
- -0.01%
- 10Y*
- —
- ALL TIME*
- 6.72%
ANEFX
- 1D
- 3.59%
- 1M
- -4.66%
- 6M
- 10.11%
- YTD
- 14.11%
- 1Y
- 35.83%
- 3Y*
- 24.98%
- 5Y*
- 11.75%
- 10Y*
- 15.58%
- ALL TIME*
- 13.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SGARX vs. ANEFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SGARX Virtus SGA Global Growth Fund | -6.28% | 3.75% | 9.88% | 27.17% | -25.69% | 8.31% | 31.26% | 11.44% |
ANEFX American Funds The New Economy Fund Class A | 14.11% | 31.01% | 23.58% | 29.14% | -29.67% | 12.85% | 33.47% | 8.85% |
Correlation
The correlation between SGARX and ANEFX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since May 9, 2019 | 0.88 |
Over the past year, the correlation between SGARX and ANEFX has dropped to 0.67 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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Return for Risk
SGARX vs. ANEFX — Risk / Return Rank
SGARX
ANEFX
SGARX vs. ANEFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus SGA Global Growth Fund (SGARX) and American Funds The New Economy Fund Class A (ANEFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SGARX | ANEFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.28 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 2.49 | -2.94 |
| Martin ratioReturn relative to average drawdown | -1.14 | 9.23 | -10.37 |
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Drawdowns
SGARX vs. ANEFX - Drawdown Comparison
The maximum SGARX drawdown since its inception was -37.07%, smaller than the maximum ANEFX drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for SGARX and ANEFX.
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Drawdown Indicators
| SGARX | ANEFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.07% | -61.28% | +24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -13.35% | -5.84% |
Max Drawdown (3Y)Largest decline over 3 years | -33.86% | -20.82% | -13.04% |
Max Drawdown (5Y)Largest decline over 5 years | -37.07% | -36.63% | -0.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.63% | — |
Current DrawdownCurrent decline from peak | -25.00% | -7.98% | -17.02% |
Average DrawdownAverage peak-to-trough decline | -13.27% | -11.41% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 3.59% | +4.07% |
Volatility
SGARX vs. ANEFX - Volatility Comparison
The current volatility for Virtus SGA Global Growth Fund (SGARX) is 4.12%, while American Funds The New Economy Fund Class A (ANEFX) has a volatility of 7.56%. This indicates that SGARX experiences smaller price fluctuations and is considered to be less risky than ANEFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGARX | ANEFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 7.56% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 12.06% | 17.18% | -5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 20.42% | -5.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.67% | 20.01% | +3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.29% | 19.33% | +3.96% |
SGARX vs. ANEFX - Expense Ratio Comparison
SGARX has a 0.91% expense ratio, which is higher than ANEFX's 0.72% expense ratio.
Dividends
SGARX vs. ANEFX - Dividend Comparison
SGARX's dividend yield for the trailing twelve months is around 13.62%, more than ANEFX's 8.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANEFX American Funds The New Economy Fund Class A | 8.70% | 9.93% | 9.59% | 3.96% | 0.00% | 8.24% | 2.47% | 7.34% | 10.00% | 8.28% | 4.61% | 6.16% |
SGARX Virtus SGA Global Growth Fund | 13.62% | 12.76% | 25.64% | 0.00% | 2.52% | 6.86% | 3.18% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SGARX and ANEFX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANEFX has higher volatility (7.56%) compared to SGARX (4.12%). In terms of maximum drawdown, SGARX dropped -37.07% vs ANEFX's -61.28%.
ANEFX currently has the higher Sharpe Ratio (1.62 vs -0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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