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Azzad Ethical Fund (ADJEX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0550602066
CUSIP055060206
IssuerAzzad Fund
Inception DateDec 22, 2000
CategoryMid Cap Growth Equities
Min. Investment$1,000
Asset ClassEquity

Asset Class Size

Mid-Cap

Asset Class Style

Growth

Expense Ratio

ADJEX has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for ADJEX: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Azzad Ethical Fund

Popular comparisons: ADJEX vs. AMANX, ADJEX vs. AMAGX, ADJEX vs. WISEX, ADJEX vs. SPY, ADJEX vs. VBTIX, ADJEX vs. VIIIX, ADJEX vs. AMIGX, ADJEX vs. HLAL, ADJEX vs. QQQ, ADJEX vs. IMANX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Azzad Ethical Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


400.00%450.00%500.00%550.00%December2024FebruaryMarchAprilMay
548.07%
470.43%
ADJEX (Azzad Ethical Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Azzad Ethical Fund had a return of 7.47% year-to-date (YTD) and 19.34% in the last 12 months. Over the past 10 years, Azzad Ethical Fund had an annualized return of 8.99%, while the S&P 500 had an annualized return of 10.87%, indicating that Azzad Ethical Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date7.47%11.56%
1 month8.58%7.13%
6 months19.26%17.26%
1 year19.34%26.92%
5 years (annualized)10.92%13.56%
10 years (annualized)8.99%10.87%

Monthly Returns

The table below presents the monthly returns of ADJEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.69%7.11%2.97%-6.28%7.47%
20238.54%-0.47%3.72%-1.95%1.59%8.04%1.94%-4.81%-6.61%-6.55%11.51%9.12%24.25%
2022-13.80%-2.57%2.76%-11.10%-2.81%-7.84%13.56%-4.66%-8.35%4.79%7.22%-5.79%-27.82%
2021-0.05%2.95%-1.70%5.03%-2.16%5.89%3.87%2.01%-4.55%6.78%-3.31%2.33%17.60%
20200.81%-6.23%-13.50%14.45%9.67%2.43%6.17%2.72%-1.94%-1.26%11.44%5.47%30.47%
201910.64%6.04%0.77%3.21%-7.17%8.08%2.29%-2.77%-0.61%1.77%4.76%0.75%30.01%
20185.71%-2.98%-0.22%-0.95%5.63%-0.56%2.54%4.74%-1.31%-9.45%3.60%-8.61%-3.26%
20173.62%4.58%0.82%1.25%0.87%0.14%0.86%1.14%1.84%2.70%3.51%-0.02%23.40%
2016-7.17%0.09%7.72%-1.89%1.68%-0.41%5.22%-0.95%-0.72%-3.37%3.73%-0.63%2.48%
2015-2.93%7.55%0.22%-0.81%1.26%-1.39%-0.30%-5.67%-4.11%4.37%-0.87%-2.61%-5.84%
2014-3.84%6.18%-1.11%-1.12%1.36%1.79%-2.34%6.51%-3.51%2.77%1.70%-0.70%7.29%
20136.99%-0.60%3.03%0.67%3.92%-1.92%7.77%-1.74%5.25%1.83%3.39%4.87%38.31%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ADJEX is 32, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of ADJEX is 3232
ADJEX (Azzad Ethical Fund)
The Sharpe Ratio Rank of ADJEX is 3333Sharpe Ratio Rank
The Sortino Ratio Rank of ADJEX is 3131Sortino Ratio Rank
The Omega Ratio Rank of ADJEX is 2828Omega Ratio Rank
The Calmar Ratio Rank of ADJEX is 3838Calmar Ratio Rank
The Martin Ratio Rank of ADJEX is 2727Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ADJEX
Sharpe ratio
The chart of Sharpe ratio for ADJEX, currently valued at 1.18, compared to the broader market-1.000.001.002.003.004.001.18
Sortino ratio
The chart of Sortino ratio for ADJEX, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.0010.0012.001.72
Omega ratio
The chart of Omega ratio for ADJEX, currently valued at 1.20, compared to the broader market1.002.003.001.20
Calmar ratio
The chart of Calmar ratio for ADJEX, currently valued at 0.67, compared to the broader market0.002.004.006.008.0010.0012.000.67
Martin ratio
The chart of Martin ratio for ADJEX, currently valued at 2.82, compared to the broader market0.0020.0040.0060.0080.002.82
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market-1.000.001.002.003.004.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market-2.000.002.004.006.008.0010.0012.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market1.002.003.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.002.004.006.008.0010.0012.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market0.0020.0040.0060.0080.008.93

Sharpe Ratio

The current Azzad Ethical Fund Sharpe ratio is 1.18. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Azzad Ethical Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00December2024FebruaryMarchAprilMay
1.18
2.34
ADJEX (Azzad Ethical Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Azzad Ethical Fund granted a 2.35% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.42$0.42$0.01$2.43$1.03$0.94$0.77$2.00$0.01$0.08$1.19$1.55

Dividend yield

2.35%2.53%0.06%12.81%5.62%6.35%6.37%14.98%0.09%0.69%9.18%11.64%

Monthly Dividends

The table displays the monthly dividend distributions for Azzad Ethical Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.43$2.43
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.03$1.03
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.94$0.94
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.77$0.77
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.00$2.00
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.08
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.19$1.19
2013$1.55$1.55

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-7.77%
0
ADJEX (Azzad Ethical Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Azzad Ethical Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Azzad Ethical Fund was 55.91%, occurring on Nov 20, 2008. Recovery took 512 trading sessions.

The current Azzad Ethical Fund drawdown is 7.77%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.91%Dec 28, 2007227Nov 20, 2008512Dec 3, 2010739
-37.22%Nov 17, 2021146Jun 16, 2022
-33.65%Feb 20, 202023Mar 23, 202053Jun 8, 202076
-24.05%Apr 24, 2015203Feb 11, 2016302Apr 25, 2017505
-21.04%Sep 5, 201877Dec 24, 201859Mar 21, 2019136

Volatility

Volatility Chart

The current Azzad Ethical Fund volatility is 4.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%December2024FebruaryMarchAprilMay
4.51%
3.10%
ADJEX (Azzad Ethical Fund)
Benchmark (^GSPC)