ADJEX vs. HLAL

In the year-to-date period, ADJEX achieves a 4.17% return, which is significantly higher than HLAL's 1.80% return.

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ADJEX has a 0.99% expense ratio, which is higher than HLAL's 0.50% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and Wahed FTSE USA Shariah ETF (HLAL). 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 0.25, which is lower than the HLAL Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of ADJEX and HLAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ADJEX has not paid dividends to shareholders, while HLAL's dividend yield for the trailing twelve months is around 0.57%.

The maximum ADJEX drawdown since its inception was -57.92%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for ADJEX and HLAL. For additional features, visit the drawdowns tool.

Azzad Ethical Fund (ADJEX) has a higher volatility of 5.62% compared to Wahed FTSE USA Shariah ETF (HLAL) at 5.31%. This indicates that ADJEX's price experiences larger fluctuations and is considered to be riskier than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.