RNGGX
American Funds New Economy Fund Class R-6
Mutual fund
$88.17+0.65 (+0.74%)Close Oct 2, 2026
May 1, 2009 – Oct 2, 2026, Dividends reinvested
- Final balance
- $125,968
- CAGR
- +15.65%
- Max drawdown
- −36.88%
- Sharpe ratio
- 0.90
Loading the growth chart…
Growth of $10,000
Trailing returns (%)
Annualized from 3Y- 1M
- +1.32%
- 3M
- −0.15%
- 6M
- +24.59%
- YTD
- +19.67%
- 1Y
- +27.11%
- 3Y
- +30.37%
- 5Y
- +12.96%
- 10Y
- +15.95%
- 15Y
- +16.20%
- Since 2009
- +15.65%
Metrics
Since 2009| Volatility | 18.04% |
|---|---|
| Sortino ratio | 1.26 |
| Calmar ratio | 0.42 |
| Best year, 2013 | +43.88% |
| Worst year, 2022 | −29.42% |
| Positive years | 13 of 16 |
| Longest drawdown | 2.6 years |
Worst drawdowns
Since 2009| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −36.9% | Nov 2021 | Oct 2022 | Jun 2024 | 2.6 years |
| −30.5% | Feb 2020 | Mar 2020 | Jul 2020 | 5 months |
| −21.3% | Jul 2011 | Oct 2011 | Mar 2012 | 8 months |
| −21.0% | Jul 2015 | Feb 2016 | Jan 2017 | 1.5 years |
| −20.8% | Jan 2025 | Apr 2025 | Jun 2025 | 5 months |
Annual returns
2009 from May 1 · 2026 through Oct 2