ADJEX vs. AMIGX
Compare and contrast key facts about Azzad Ethical Fund (ADJEX) and Amana Growth Fund (AMIGX).
ADJEX is managed by Azzad Fund. It was launched on Dec 22, 2000. AMIGX is managed by Amana. It was launched on Sep 25, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADJEX or AMIGX.
Correlation
The correlation between ADJEX and AMIGX 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. AMIGX - Performance Comparison
Key characteristics
ADJEX:
0.02
AMIGX:
0.91
ADJEX:
0.16
AMIGX:
1.30
ADJEX:
1.02
AMIGX:
1.17
ADJEX:
0.01
AMIGX:
1.33
ADJEX:
0.09
AMIGX:
4.59
ADJEX:
4.69%
AMIGX:
3.16%
ADJEX:
18.55%
AMIGX:
15.95%
ADJEX:
-57.92%
AMIGX:
-27.95%
ADJEX:
-27.22%
AMIGX:
-6.98%
Returns By Period
In the year-to-date period, ADJEX achieves a -1.45% return, which is significantly lower than AMIGX's 12.24% return. Over the past 10 years, ADJEX has underperformed AMIGX with an annualized return of 2.39%, while AMIGX has yielded a comparatively higher 14.19% annualized return.
ADJEX
-1.45%
-6.03%
-5.43%
-1.33%
2.00%
2.39%
AMIGX
12.24%
-3.11%
-3.39%
13.11%
15.20%
14.19%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ADJEX vs. AMIGX - Expense Ratio Comparison
ADJEX has a 0.99% expense ratio, which is higher than AMIGX's 0.67% expense ratio.
Risk-Adjusted Performance
ADJEX vs. AMIGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and Amana Growth Fund (AMIGX). 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. AMIGX - Dividend Comparison
Neither ADJEX nor AMIGX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADJEX Azzad Ethical Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 9.18% | 11.64% |
AMIGX Amana Growth Fund | 0.00% | 0.33% | 0.43% | 0.28% | 0.44% | 0.59% | 0.62% | 0.73% | 0.90% | 0.71% | 0.53% | 0.76% |
Drawdowns
ADJEX vs. AMIGX - Drawdown Comparison
The maximum ADJEX drawdown since its inception was -57.92%, which is greater than AMIGX's maximum drawdown of -27.95%. Use the drawdown chart below to compare losses from any high point for ADJEX and AMIGX. For additional features, visit the drawdowns tool.
Volatility
ADJEX vs. AMIGX - Volatility Comparison
Azzad Ethical Fund (ADJEX) has a higher volatility of 8.47% compared to Amana Growth Fund (AMIGX) at 5.88%. This indicates that ADJEX's price experiences larger fluctuations and is considered to be riskier than AMIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.