RNGCX
American Funds New Economy Fund Class R-3
Mutual fund
$81.79+0.59 (+0.73%)Close Oct 2, 2026
Jun 7, 2002 – Oct 2, 2026, Dividends reinvested
- Final balance
- $129,748
- CAGR
- +11.11%
- Max drawdown
- −55.54%
- Sharpe ratio
- 0.65
Loading the growth chart…
Growth of $10,000
Trailing returns (%)
Annualized from 3Y- 1M
- +1.26%
- 3M
- −0.32%
- 6M
- +24.19%
- YTD
- +19.09%
- 1Y
- +26.28%
- 3Y
- +29.52%
- 5Y
- +12.22%
- 10Y
- +15.15%
- 15Y
- +15.41%
- 20Y
- +11.41%
- Since 2002
- +11.11%
Metrics
Since 2002| Volatility | 19.06% |
|---|---|
| Sortino ratio | 0.91 |
| Calmar ratio | 0.20 |
| Best year, 2009 | +44.73% |
| Worst year, 2008 | −42.02% |
| Positive years | 19 of 23 |
| Longest drawdown | 4.9 years |
Worst drawdowns
Since 2002| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −55.5% | Oct 2007 | Mar 2009 | Sep 2012 | 4.9 years |
| −37.2% | Nov 2021 | Oct 2022 | Jun 2024 | 2.6 years |
| −30.5% | Feb 2020 | Mar 2020 | Jul 2020 | 5 months |
| −30.5% | Jun 2002 | Oct 2002 | Jul 2003 | 1.1 years |
| −21.3% | Jul 2015 | Feb 2016 | Feb 2017 | 1.6 years |
Annual returns
2002 from Jun 7 · 2026 through Oct 2