CNGCX
American Funds New Economy Fund Class 529-C
Mutual fund
$68.98+0.50 (+0.73%)Close Oct 2, 2026
Feb 21, 2002 – Oct 2, 2026, Dividends reinvested
- Final balance
- $112,908
- CAGR
- +10.35%
- Max drawdown
- −55.87%
- Sharpe ratio
- 0.61
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Growth of $10,000
Trailing returns (%)
Annualized from 3Y- 1M
- +1.23%
- 3M
- −0.43%
- 6M
- +23.89%
- YTD
- +18.67%
- 1Y
- +25.68%
- 3Y
- +28.90%
- 5Y
- +11.68%
- 10Y
- +14.59%
- 15Y
- +14.82%
- 20Y
- +10.84%
- Since 2002
- +10.35%
Metrics
Since 2002| Volatility | 19.06% |
|---|---|
| Sortino ratio | 0.86 |
| Calmar ratio | 0.19 |
| Best year, 2009 | +43.94% |
| Worst year, 2008 | −42.35% |
| Positive years | 19 of 23 |
| Longest drawdown | 5.1 years |
Worst drawdowns
Since 2002| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −55.9% | Oct 2007 | Mar 2009 | Dec 2012 | 5.1 years |
| −38.6% | Mar 2002 | Oct 2002 | Jan 2004 | 1.8 years |
| −37.5% | Nov 2021 | Oct 2022 | Jul 2024 | 2.6 years |
| −30.6% | Feb 2020 | Mar 2020 | Jul 2020 | 5 months |
| −21.6% | Jul 2015 | Feb 2016 | Feb 2017 | 1.6 years |
Annual returns
2002 from Feb 21 · 2026 through Oct 2