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ADJEX vs. AMANX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ADJEX and AMANX is 0.89, 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. AMANX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Azzad Ethical Fund (ADJEX) and Amana Mutual Funds Trust Income Fund (AMANX). The values are adjusted to include any dividend payments, if applicable.

400.00%450.00%500.00%550.00%December2025FebruaryMarchAprilMay
472.78%
494.34%
ADJEX
AMANX

Key characteristics

Sharpe Ratio

ADJEX:

-0.39

AMANX:

0.07

Sortino Ratio

ADJEX:

-0.43

AMANX:

0.21

Omega Ratio

ADJEX:

0.95

AMANX:

1.03

Calmar Ratio

ADJEX:

-0.31

AMANX:

0.06

Martin Ratio

ADJEX:

-1.05

AMANX:

0.18

Ulcer Index

ADJEX:

8.62%

AMANX:

6.54%

Daily Std Dev

ADJEX:

23.07%

AMANX:

16.69%

Max Drawdown

ADJEX:

-55.91%

AMANX:

-38.42%

Current Drawdown

ADJEX:

-18.49%

AMANX:

-9.84%

Returns By Period

In the year-to-date period, ADJEX achieves a -6.60% return, which is significantly lower than AMANX's 0.12% return. Over the past 10 years, ADJEX has outperformed AMANX with an annualized return of 6.41%, while AMANX has yielded a comparatively lower 4.18% annualized return.


ADJEX

YTD

-6.60%

1M

12.53%

6M

-11.27%

1Y

-10.16%

5Y*

6.20%

10Y*

6.41%

AMANX

YTD

0.12%

1M

10.25%

6M

-7.04%

1Y

-0.14%

5Y*

6.79%

10Y*

4.18%

*Annualized

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ADJEX vs. AMANX - Expense Ratio Comparison

ADJEX has a 0.99% expense ratio, which is lower than AMANX's 1.01% expense ratio.


Risk-Adjusted Performance

ADJEX vs. AMANX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADJEX
The Risk-Adjusted Performance Rank of ADJEX is 44
Overall Rank
The Sharpe Ratio Rank of ADJEX is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of ADJEX is 44
Sortino Ratio Rank
The Omega Ratio Rank of ADJEX is 55
Omega Ratio Rank
The Calmar Ratio Rank of ADJEX is 33
Calmar Ratio Rank
The Martin Ratio Rank of ADJEX is 22
Martin Ratio Rank

AMANX
The Risk-Adjusted Performance Rank of AMANX is 2121
Overall Rank
The Sharpe Ratio Rank of AMANX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of AMANX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of AMANX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of AMANX is 2222
Calmar Ratio Rank
The Martin Ratio Rank of AMANX is 2020
Martin 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.

ADJEX vs. AMANX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and Amana Mutual Funds Trust Income Fund (AMANX). 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.


The current ADJEX Sharpe Ratio is -0.39, which is lower than the AMANX Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of ADJEX and AMANX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50December2025FebruaryMarchAprilMay
-0.44
-0.01
ADJEX
AMANX

Dividends

ADJEX vs. AMANX - Dividend Comparison

ADJEX's dividend yield for the trailing twelve months is around 5.85%, more than AMANX's 5.68% yield.


TTM20242023202220212020201920182017201620152014
ADJEX
Azzad Ethical Fund
5.85%5.47%2.53%0.06%12.81%5.62%6.35%6.37%14.98%0.09%0.69%9.18%
AMANX
Amana Mutual Funds Trust Income Fund
5.68%5.69%5.24%8.14%4.66%6.53%7.81%6.55%5.75%4.15%6.88%2.38%

Drawdowns

ADJEX vs. AMANX - Drawdown Comparison

The maximum ADJEX drawdown since its inception was -55.91%, which is greater than AMANX's maximum drawdown of -38.42%. Use the drawdown chart below to compare losses from any high point for ADJEX and AMANX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-18.49%
-9.84%
ADJEX
AMANX

Volatility

ADJEX vs. AMANX - Volatility Comparison

Azzad Ethical Fund (ADJEX) has a higher volatility of 12.94% compared to Amana Mutual Funds Trust Income Fund (AMANX) at 8.99%. This indicates that ADJEX's price experiences larger fluctuations and is considered to be riskier than AMANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%December2025FebruaryMarchAprilMay
12.94%
8.99%
ADJEX
AMANX