PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ADJEX vs. IMANX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ADJEX and IMANX is 0.91, 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.


-0.50.00.51.00.9

Performance

ADJEX vs. IMANX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%AugustSeptemberOctoberNovemberDecember2025
-2.56%
3.70%
ADJEX
IMANX

Key characteristics

Sharpe Ratio

ADJEX:

0.25

IMANX:

1.53

Sortino Ratio

ADJEX:

0.45

IMANX:

2.10

Omega Ratio

ADJEX:

1.06

IMANX:

1.28

Calmar Ratio

ADJEX:

0.15

IMANX:

0.93

Martin Ratio

ADJEX:

0.84

IMANX:

8.25

Ulcer Index

ADJEX:

5.45%

IMANX:

2.88%

Daily Std Dev

ADJEX:

18.24%

IMANX:

15.56%

Max Drawdown

ADJEX:

-57.92%

IMANX:

-56.36%

Current Drawdown

ADJEX:

-25.58%

IMANX:

-9.22%

Returns By Period

In the year-to-date period, ADJEX achieves a 4.17% return, which is significantly higher than IMANX's 2.73% return. Over the past 10 years, ADJEX has underperformed IMANX with an annualized return of 2.68%, while IMANX has yielded a comparatively higher 4.40% annualized return.


ADJEX

YTD

4.17%

1M

2.26%

6M

-2.56%

1Y

1.52%

5Y*

1.74%

10Y*

2.68%

IMANX

YTD

2.73%

1M

2.29%

6M

5.42%

1Y

21.71%

5Y*

3.72%

10Y*

4.40%

*Annualized

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. IMANX - Expense Ratio Comparison

ADJEX has a 0.99% expense ratio, which is lower than IMANX's 1.28% expense ratio.


IMANX
Iman Fund
Expense ratio chart for IMANX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
Expense ratio chart for ADJEX: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

ADJEX vs. IMANX — 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 1010
Overall Rank
The Sharpe Ratio Rank of ADJEX is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of ADJEX is 1111
Sortino Ratio Rank
The Omega Ratio Rank of ADJEX is 99
Omega Ratio Rank
The Calmar Ratio Rank of ADJEX is 1111
Calmar Ratio Rank
The Martin Ratio Rank of ADJEX is 1111
Martin Ratio Rank

IMANX
The Risk-Adjusted Performance Rank of IMANX is 7171
Overall Rank
The Sharpe Ratio Rank of IMANX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of IMANX is 7171
Sortino Ratio Rank
The Omega Ratio Rank of IMANX is 7070
Omega Ratio Rank
The Calmar Ratio Rank of IMANX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of IMANX is 7878
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. IMANX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Azzad Ethical Fund (ADJEX) and Iman Fund (IMANX). 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.


Sharpe ratio
The chart of Sharpe ratio for ADJEX, currently valued at 0.15, compared to the broader market-1.000.001.002.003.004.000.151.53
The chart of Sortino ratio for ADJEX, currently valued at 0.31, compared to the broader market0.005.0010.000.312.10
The chart of Omega ratio for ADJEX, currently valued at 1.04, compared to the broader market1.002.003.004.001.041.28
The chart of Calmar ratio for ADJEX, currently valued at 0.09, compared to the broader market0.005.0010.0015.0020.000.090.93
The chart of Martin ratio for ADJEX, currently valued at 0.48, compared to the broader market0.0020.0040.0060.0080.000.488.25
ADJEX
IMANX

The current ADJEX Sharpe Ratio is 0.25, which is lower than the IMANX Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of ADJEX and IMANX, 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-0.500.000.501.001.502.002.503.00AugustSeptemberOctoberNovemberDecember2025
0.15
1.53
ADJEX
IMANX

Dividends

ADJEX vs. IMANX - Dividend Comparison

Neither ADJEX nor IMANX has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
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%
IMANX
Iman Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.27%0.03%0.00%0.00%

Drawdowns

ADJEX vs. IMANX - Drawdown Comparison

The maximum ADJEX drawdown since its inception was -57.92%, roughly equal to the maximum IMANX drawdown of -56.36%. Use the drawdown chart below to compare losses from any high point for ADJEX and IMANX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%AugustSeptemberOctoberNovemberDecember2025
-25.58%
-9.22%
ADJEX
IMANX

Volatility

ADJEX vs. IMANX - Volatility Comparison

Azzad Ethical Fund (ADJEX) has a higher volatility of 5.59% compared to Iman Fund (IMANX) at 5.04%. This indicates that ADJEX's price experiences larger fluctuations and is considered to be riskier than IMANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
5.59%
5.04%
ADJEX
IMANX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab