Azzad Wise Capital Fund (WISEX)
The fund invests primarily in fixed income securities issued for payment by international financial institutions, foreign governments, and agencies of foreign governments in transactions structured to be compliant with the fund's ethical investment guidelines. It does not invest in corporations that derive substantial revenue (defined as more than 5% of total revenue) from alcohol, tobacco, pornography, pork, gambling, hydraulic fracturing, private prisons, or weapons industries as determined by the Adviser.
Fund Info
US0550603056
055060305
Apr 1, 2010
$4,000
Expense Ratio
WISEX features an expense ratio of 0.89%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Azzad Wise Capital Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Azzad Wise Capital Fund had a return of 4.47% year-to-date (YTD) and 4.58% in the last 12 months. Over the past 10 years, Azzad Wise Capital Fund had an annualized return of 1.95%, while the S&P 500 had an annualized return of 11.06%, indicating that Azzad Wise Capital Fund did not perform as well as the benchmark.
WISEX
4.47%
-0.25%
2.39%
4.58%
2.18%
1.95%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of WISEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.37% | 0.44% | 0.75% | -0.48% | 0.57% | 0.35% | 0.99% | 1.14% | 0.84% | -0.59% | 0.59% | 4.47% | |
| 2023 | 0.85% | -0.22% | 0.60% | 0.28% | -0.14% | 0.79% | 0.32% | 0.06% | -0.54% | -0.22% | 1.41% | 1.14% | 4.39% |
| 2022 | -1.09% | -0.83% | -0.53% | -0.66% | -0.19% | -0.91% | 0.79% | 0.13% | -1.77% | 0.33% | 1.32% | 0.03% | -3.37% |
| 2021 | -0.02% | -0.21% | 0.32% | 0.67% | 0.34% | -0.02% | 0.56% | 0.28% | -0.63% | 0.46% | -0.27% | 0.51% | 1.99% |
| 2020 | 0.14% | -0.62% | -3.07% | 2.33% | 1.15% | 0.57% | 0.93% | 0.63% | -0.09% | 0.08% | 1.10% | 0.41% | 3.52% |
| 2019 | 0.93% | 0.76% | 0.56% | 0.19% | -0.30% | 1.00% | 0.54% | 0.33% | 0.16% | 0.24% | 0.43% | 0.25% | 5.23% |
| 2018 | 0.19% | -0.60% | -0.00% | -0.32% | 0.18% | 0.19% | 0.45% | 0.21% | 0.22% | -0.53% | 0.41% | -0.91% | -0.51% |
| 2017 | 0.38% | 0.56% | 0.11% | 0.14% | 0.18% | 0.04% | 0.16% | 0.11% | 0.29% | 0.19% | 0.29% | 0.22% | 2.70% |
| 2016 | -0.35% | 0.43% | 0.83% | 0.06% | 0.14% | 0.49% | 0.26% | 0.29% | -0.10% | -0.51% | -0.37% | 0.20% | 1.38% |
| 2015 | 0.39% | 0.32% | -0.27% | 0.05% | 0.20% | -0.27% | 0.23% | -0.42% | -0.16% | 0.46% | -0.23% | -0.19% | 0.09% |
| 2014 | 0.02% | 1.01% | 0.32% | 0.19% | 0.53% | 0.09% | 0.09% | 0.49% | -0.33% | 0.59% | 0.33% | -0.30% | 3.06% |
| 2013 | 0.59% | 0.24% | 0.29% | 1.20% | -0.58% | -2.12% | 1.43% | -1.32% | 1.19% | 0.97% | 0.11% | 0.05% | 2.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 97, WISEX is among the top 3% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Azzad Wise Capital Fund (WISEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Azzad Wise Capital Fund provided a 3.45% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.28 | $0.16 | $0.13 | $0.13 | $0.20 | $0.13 | $0.12 | $0.10 | $0.07 | $0.08 | $0.25 |
Dividend yield | 3.45% | 2.63% | 1.50% | 1.19% | 1.16% | 1.84% | 1.23% | 1.12% | 0.98% | 0.67% | 0.77% | 2.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Azzad Wise Capital 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.00 | $0.34 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.28 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.16 |
| 2021 | $0.01 | $0.01 | $0.02 | $0.00 | $0.01 | $0.01 | $0.03 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2020 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.13 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2016 | $0.00 | $0.00 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.02 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.07 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.08 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 | $0.25 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Azzad Wise Capital 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 Wise Capital Fund was 5.28%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current Azzad Wise Capital Fund drawdown is 0.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.28% | Feb 18, 2020 | 25 | Mar 23, 2020 | 72 | Jul 6, 2020 | 97 |
| -5.28% | Nov 10, 2021 | 238 | Oct 20, 2022 | 287 | Dec 12, 2023 | 525 |
| -3.43% | May 15, 2013 | 28 | Jun 24, 2013 | 170 | Feb 26, 2014 | 198 |
| -3.1% | Jun 22, 2011 | 131 | Dec 27, 2011 | 166 | Aug 24, 2012 | 297 |
| -2% | Apr 15, 2010 | 37 | Jun 7, 2010 | 64 | Sep 7, 2010 | 101 |
Volatility
Volatility Chart
The current Azzad Wise Capital Fund volatility is 0.38%, 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.