- ISIN
- US0550602066
- CUSIP
- 055060206
- Issuer
- Azzad Fund
- Inception Date
- Dec 22, 2000
- Category
- Mid Cap Growth Equities
- Min. Investment
- $1,000
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
ADJEX Performance Chart
Azzad Ethical Fund (ADJEX) is up 12.0% since the beginning of the year. ADJEX is currently trading at $18 per share. Investors who bought $1,000 worth of ADJEX shares 5 years ago would now be looking at an investment worth $1,193.
Loading charts...
Returns By Period
Azzad Ethical Fund (ADJEX) has returned 12.03% so far this year and 14.78% over the past 12 months. Over the last ten years, ADJEX has returned 9.70% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Azzad Ethical Fund
- 1D
- 0.94%
- 1M
- 7.67%
- YTD
- 12.03%
- 6M
- 8.57%
- 1Y
- 14.78%
- 3Y*
- 7.90%
- 5Y*
- 3.59%
- 10Y*
- 9.70%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
ADJEX Monthly Returns History
Based on dividend-adjusted daily data since Nov 30, 2000, ADJEX's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, an investment would double in approximately 8.9 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2009 with a return of +15.9%, while the worst month was Oct 2008 at -18.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, ADJEX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +10.6%, while the worst single day was Mar 16, 2020 at -12.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.12% | 2.27% | -7.63% | 9.30% | 5.83% | 2.64% | 12.03% | ||||||
| 2025 | 4.36% | -5.97% | -6.79% | -0.54% | 7.46% | 4.52% | 4.14% | -0.23% | -0.70% | 0.18% | -1.71% | -2.28% | 1.43% |
| 2024 | -1.69% | 7.11% | 2.97% | -6.28% | 2.19% | -1.33% | -0.76% | 1.18% | 2.93% | -3.70% | 7.27% | -7.04% | 1.70% |
| 2023 | 8.54% | -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% |
Benchmark Metrics
Azzad Ethical Fund has an annualized alpha of -0.12%, beta of 0.98, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since December 01, 2000.
- With beta of 0.98 and R2 of 0.81, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.12%
- Beta
- 0.98
- R²
- 0.81
- Upside Capture
- 101.62%
- Downside Capture
- 104.51%
Expense Ratio
ADJEX has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
ADJEX ranks 12 for risk / return — in the bottom 12% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and compare them to S&P 500 Index.
| ADJEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.41 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 2.93 | -1.79 |
| Martin ratioReturn relative to average drawdown | 3.63 | 13.52 | -9.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Azzad Ethical Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.88 | $0.42 | $0.01 | $2.43 | $1.03 | $0.94 | $0.77 | $2.00 | $0.01 | $0.08 |
Dividend yield | 0.00% | 0.00% | 5.47% | 2.53% | 0.06% | 12.81% | 5.62% | 6.35% | 6.37% | 14.98% | 0.09% | 0.69% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 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 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
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 55.62%, occurring on Nov 20, 2008. Recovery took 511 trading sessions.
The current Azzad Ethical Fund drawdown is 0.83%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -55.62%Nov 2008 | 1y 1mo | 2y 12d | 3y 1moOct 2007 - Dec 2010 |
2003 bear market2003 | -40.11%Mar 2003 | 2y 1mo | 2y 10mo | 4y 11moJan 2001 - Jan 2006 |
Bear market2022 | -37.22%Jun 2022 | 7mo 1d | — | 4y 6moNov 2021 - now |
COVID crash2020 | -33.65%Mar 2020 | 1mo 2d | 2mo 17d | 3mo 19dFeb 2020 - Jun 2020 |
2016 bear market2016 | -24.05%Feb 2016 | 9mo 23d | 1y 2mo | 2y 2dApr 2015 - Apr 2017 |
Drawdown Indicators
| ADJEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.62% | -56.78% | +1.16% |
Max Drawdown (1Y)Largest decline over 1 year | -14.38% | -9.10% | -5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -25.81% | -18.90% | -6.91% |
Max Drawdown (5Y)Largest decline over 5 years | -37.22% | -25.43% | -11.79% |
Max Drawdown (10Y)Largest decline over 10 years | -37.22% | -33.92% | -3.30% |
Current DrawdownCurrent decline from peak | -0.83% | -0.74% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -12.54% | -10.72% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.51% | 1.97% | +2.54% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with ADJEX
Add Azzad Ethical Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with ADJEX