CNGEX
American Funds New Economy Fund Class 529-E
Mutual fund
$81.72+0.60 (+0.74%)Close Oct 2, 2026
Mar 14, 2002 – Oct 2, 2026, Dividends reinvested
- Final balance
- $118,139
- CAGR
- +10.58%
- Max drawdown
- −55.57%
- Sharpe ratio
- 0.62
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Growth of $10,000
Trailing returns (%)
Annualized from 3Y- 1M
- +1.28%
- 3M
- −0.29%
- 6M
- +24.23%
- YTD
- +19.14%
- 1Y
- +26.36%
- 3Y
- +29.59%
- 5Y
- +12.27%
- 10Y
- +15.20%
- 15Y
- +15.44%
- 20Y
- +11.43%
- Since 2002
- +10.58%
Metrics
Since 2002| Volatility | 19.06% |
|---|---|
| Sortino ratio | 0.88 |
| Calmar ratio | 0.19 |
| Best year, 2009 | +44.70% |
| Worst year, 2008 | −42.05% |
| Positive years | 19 of 23 |
| Longest drawdown | 4.9 years |
Worst drawdowns
Since 2002| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −55.6% | Oct 2007 | Mar 2009 | Sep 2012 | 4.9 years |
| −38.2% | Mar 2002 | Oct 2002 | Dec 2003 | 1.8 years |
| −37.2% | Nov 2021 | Oct 2022 | Jun 2024 | 2.6 years |
| −30.5% | Feb 2020 | Mar 2020 | Jul 2020 | 5 months |
| −21.3% | Jul 2015 | Feb 2016 | Feb 2017 | 1.6 years |
Annual returns
2002 from Mar 14 · 2026 through Oct 2