ADJEX vs. AMAGX
Compare and contrast key facts about Azzad Ethical Fund (ADJEX) and Amana Mutual Funds Trust Growth Fund (AMAGX).
ADJEX is managed by Azzad Fund. It was launched on Dec 22, 2000. AMAGX is managed by Amana. It was launched on Feb 3, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADJEX or AMAGX.
Correlation
The correlation between ADJEX and AMAGX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ADJEX vs. AMAGX - Performance Comparison
Key characteristics
ADJEX:
0.25
AMAGX:
0.79
ADJEX:
0.45
AMAGX:
1.14
ADJEX:
1.06
AMAGX:
1.15
ADJEX:
0.15
AMAGX:
1.15
ADJEX:
0.84
AMAGX:
3.47
ADJEX:
5.45%
AMAGX:
3.64%
ADJEX:
18.24%
AMAGX:
16.06%
ADJEX:
-57.92%
AMAGX:
-57.64%
ADJEX:
-25.58%
AMAGX:
-6.80%
Returns By Period
In the year-to-date period, ADJEX achieves a 4.17% return, which is significantly higher than AMAGX's 0.77% return. Over the past 10 years, ADJEX has underperformed AMAGX with an annualized return of 2.68%, while AMAGX has yielded a comparatively higher 9.29% annualized return.
ADJEX
4.17%
2.26%
-2.56%
1.52%
1.74%
2.68%
AMAGX
0.77%
0.12%
-2.84%
9.48%
11.76%
9.29%
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ADJEX vs. AMAGX - Expense Ratio Comparison
ADJEX has a 0.99% expense ratio, which is higher than AMAGX's 0.91% expense ratio.
Risk-Adjusted Performance
ADJEX vs. AMAGX — Risk-Adjusted Performance Rank
ADJEX
AMAGX
ADJEX vs. AMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and Amana Mutual Funds Trust Growth Fund (AMAGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ADJEX vs. AMAGX - Dividend Comparison
Neither ADJEX nor AMAGX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADJEX Azzad Ethical Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 9.18% |
AMAGX Amana Mutual Funds Trust Growth Fund | 0.00% | 0.00% | 0.16% | 0.17% | 0.07% | 0.22% | 0.36% | 0.47% | 0.49% | 0.75% | 0.54% | 0.37% |
Drawdowns
ADJEX vs. AMAGX - Drawdown Comparison
The maximum ADJEX drawdown since its inception was -57.92%, roughly equal to the maximum AMAGX drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for ADJEX and AMAGX. For additional features, visit the drawdowns tool.
Volatility
ADJEX vs. AMAGX - Volatility Comparison
The current volatility for Azzad Ethical Fund (ADJEX) is 5.62%, while Amana Mutual Funds Trust Growth Fund (AMAGX) has a volatility of 6.09%. This indicates that ADJEX experiences smaller price fluctuations and is considered to be less risky than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.