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American Funds The New Economy Fund (FNEFX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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62.84+0.01 (+0.02%)
At close: 08:00PM EDT

Risk overview

Morningstar risk rating★★
Number of years up4
Number of years down2
Best 1-yr total return (13 Jun 2024)33.89%
Worst 1-yr total return (13 Jun 2024)N/A

Risk statistics

3 years
FNEFXCategory average
5 years
FNEFXCategory average
10 years
FNEFXCategory average
Alpha
-2.290.04
0.40.04
2.060.02
BETA
1.040.01
0.980.01
10.01
Mean annual return
0.350.02
1.070.02
0.930.01
R-squared
88.270.89
88.970.87
86.90.88
Standard deviation
18.560.19
18.390.15
15.830.15
Sharpe ratio
0.050.01
0.580.01
0.610.01
Treynor ratio
-0.720.18
9.670.18
8.890.11