PortfoliosLab logoPortfoliosLab logo
ISIN
US0454198435
CUSIP
045419843
Issuer
AAMA
Inception Date
Jun 30, 2017
Min. Investment
$10,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

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

AMFEX Performance Chart

AAMA Equity Fund (AMFEX) is up 13.3% since the beginning of the year. AMFEX is currently trading at $21 per share. Investors who bought $1,000 worth of AMFEX shares 5 years ago would now be looking at an investment worth $1,742.


Loading charts...

S&P 500 Index

Returns By Period

AAMA Equity Fund (AMFEX) has returned 13.30% so far this year and 28.56% over the past 12 months.


AAMA Equity Fund

1D
0.52%
1M
0.61%
YTD
13.30%
6M
12.96%
1Y
28.56%
3Y*
18.13%
5Y*
11.74%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AMFEX Monthly Returns History

Based on dividend-adjusted daily data since Nov 7, 2018, AMFEX's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +10.1%, while the worst month was Mar 2020 at -11.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, AMFEX closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +8.4%, while the worst single day was Mar 16, 2020 at -10.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.36%2.45%-4.13%6.49%3.41%0.38%13.30%
20253.74%-0.22%-3.94%-1.63%4.79%3.97%1.62%2.27%2.07%2.02%1.21%0.50%17.33%
20240.89%4.07%3.17%-3.29%3.86%1.20%1.62%1.65%2.09%-0.72%5.11%-4.04%16.28%
20234.50%-2.98%3.82%0.59%-0.91%5.80%2.62%-1.46%-4.25%-1.99%7.29%3.82%17.32%
2022-4.36%-1.24%3.18%-7.62%0.38%-7.02%7.22%-4.28%-8.21%8.09%5.70%-4.98%-14.08%
2021-1.18%2.38%4.32%4.40%0.94%1.31%2.28%1.56%-4.97%5.55%-0.00%4.42%22.58%

Benchmark Metrics

AAMA Equity Fund has an annualized alpha of 0.46%, beta of 0.84, and R2 of 0.97 versus S&P 500 Index. Calculated based on daily prices since November 07, 2018.

  • This fund participated in 86.39% of S&P 500 Index downside but only 82.68% of its upside - more exposed to losses than it benefited from rallies.

Alpha
0.46%
Beta
0.84
0.97
Upside Capture
82.68%
Downside Capture
86.39%

Expense Ratio

AMFEX has a high expense ratio of 1.17%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

AMFEX ranks 90 for risk / return — in the top 90% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


AMFEX Risk / Return Rank: 9090
Overall Rank
AMFEX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
AMFEX Sortino Ratio Rank: 8787
Sortino Ratio Rank
AMFEX Omega Ratio Rank: 8484
Omega Ratio Rank
AMFEX Calmar Ratio Rank: 9292
Calmar Ratio Rank
AMFEX Martin Ratio Rank: 9595
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AAMA Equity Fund (AMFEX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AMFEXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.86

Sortino ratioReturn per unit of downside risk

+1.13

Omega ratioGain probability vs. loss probability

1.52

1.37

+0.15

Calmar ratioReturn relative to maximum drawdown

4.70

2.78

+1.92

Martin ratioReturn relative to average drawdown

19.91

12.44

+7.48

Dividends

Dividend History

AAMA Equity Fund provided a 10.58% dividend yield over the last twelve months, with an annual payout of $2.25 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$2.25$2.25$1.65$0.16$0.70$0.04$0.06$0.10$0.09

Dividend yield

10.58%11.99%9.19%0.92%4.82%0.22%0.44%0.78%0.83%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$2.25$2.25
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.65$1.65
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.16
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70$0.70
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04

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 AAMA Equity 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 AAMA Equity Fund was 30.41%, occurring on Mar 23, 2020. Recovery took 108 trading sessions.

The current AAMA Equity Fund drawdown is 0.65%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-30.41%Mar 2020
1mo 2d5mo 5d
6mo 7dFeb 2020 - Aug 2020
Bear market2022
-21.21%Sep 2022
9mo 4d1y 2mo
1y 11moDec 2021 - Dec 2023
2025 selloff2025
-15.23%Apr 2025
1mo 17d2mo 19d
4mo 6dFeb 2025 - Jun 2025
Rate-hike selloffLate 2018
-14.91%Dec 2018
1mo 16d1mo 28d
3mo 14dNov 2018 - Feb 2019
2020 pullback2020
-7.55%Sep 2020
20d1mo 19d
2mo 9dSep 2020 - Nov 2020

Drawdown Indicators


AMFEXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-30.41%

-56.78%

+26.37%

Max Drawdown (1Y)

Largest decline over 1 year

-6.07%

-9.10%

+3.03%

Max Drawdown (3Y)

Largest decline over 3 years

-15.23%

-18.90%

+3.67%

Max Drawdown (5Y)

Largest decline over 5 years

-21.21%

-25.43%

+4.22%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.65%

-1.80%

+1.15%

Average Drawdown

Average peak-to-trough decline

-4.28%

-10.71%

+6.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.43%

2.03%

-0.60%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with AMFEX

Add AAMA Equity 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 AMFEX