A composition of matter includes from about 16 to about 20 wt % chromium, greater than 6 to about 10 wt % aluminum, from about 2 to about 10 wt % iron, less than about 0.04 wt % yttrium, less than about 12 wt % cobalt, less than about 1.0 wt % manganese, less than about 1.0 wt % molybdenum, less than about 1.0 wt % silicon, less than about 0.25 wt % carbon, about 0.03 wt % boron, less than about 1.0 wt % tungsten, less than about 1.0 wt % tantalum, about 0.5 wt % titanium, about 0.5 wt % hafnium, about 0.5 wt % rhenium, about 0.4 wt % lanthanide elements, and the balance being nickel and incidental impurities. This nickel-based superalloy composition may be used in superalloy articles, such as a blade, nozzle, a shroud, a splash plate, a squealer tip of the blade, and a combustor of a gas turbine engine.