RNNEX
American Funds New Economy Fund Class R-2E
Mutual fund
$81.40+0.59 (+0.73%)Close Oct 2, 2026
Aug 29, 2014 – Oct 2, 2026, Dividends reinvested
- Final balance
- $42,901
- CAGR
- +12.80%
- Max drawdown
- −37.34%
- Sharpe ratio
- 0.74
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Growth of $10,000
Trailing returns (%)
Annualized from 3Y- 1M
- +1.26%
- 3M
- −0.36%
- 6M
- +24.10%
- YTD
- +18.95%
- 1Y
- +26.09%
- 3Y
- +29.33%
- 5Y
- +12.05%
- 10Y
- +14.99%
- Since 2014
- +12.80%
Metrics
Since 2014| Volatility | 18.71% |
|---|---|
| Sortino ratio | 1.03 |
| Calmar ratio | 0.34 |
| Best year, 2017 | +33.71% |
| Worst year, 2022 | −30.00% |
| Positive years | 9 of 11 |
| Longest drawdown | 2.6 years |
Worst drawdowns
Since 2014| Decline | Peak | Bottom | Recovered | Length |
|---|---|---|---|---|
| −37.3% | Nov 2021 | Oct 2022 | Jun 2024 | 2.6 years |
| −30.5% | Feb 2020 | Mar 2020 | Jul 2020 | 5 months |
| −21.2% | Jul 2015 | Feb 2016 | Feb 2017 | 1.6 years |
| −20.9% | Jan 2025 | Apr 2025 | Jun 2025 | 5 months |
| −20.0% | Jun 2018 | Dec 2018 | Apr 2019 | 11 months |
Annual returns
2014 from Aug 29 · 2026 through Oct 2