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American Funds The New Economy Fund (FNEFX)

Nasdaq - Nasdaq Delayed price. Currency in USD

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61.13

+0.43

(+0.71%)

At close: 08:00PM EDT

Risk overview

Morningstar risk rating★★★

Number of years up4

Number of years down2

Best 1-yr total return (23 May 2024)33.89%

Worst 1-yr total return (23 May 2024)N/A

Risk statistics

3 years

FNEFXCategory average

5 years

FNEFXCategory average

10 years

FNEFXCategory average

Alpha

-2.990.04

0.080.04

2.150.02

BETA

1.040.01

0.990.01

10.01

Mean annual return

0.220.02

0.890.02

0.930.01

R-squared

87.740.89

89.250.87

86.850.88

Standard deviation

18.430.19

18.680.15

15.810.15

Sharpe ratio

-0.020.01

0.450.01

0.610.01

Treynor ratio

-2.090.18

7.120.18

8.830.11