AMAGX vs. HLAL
Compare and contrast key facts about Amana Mutual Funds Trust Growth Fund (AMAGX) and Wahed FTSE USA Shariah ETF (HLAL).
AMAGX is managed by Amana. It was launched on Feb 3, 1994. HLAL is a passively managed fund by Wahed that tracks the performance of the FTSE Shariah USA Index. It was launched on Jul 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAGX or HLAL.
Key characteristics
| AMAGX | HLAL | |
|---|---|---|
| YTD Return | 14.13% | 12.03% |
| 1Y Return | 26.84% | 22.08% |
| 3Y Return (Ann) | 6.14% | 7.80% |
| 5Y Return (Ann) | 16.36% | 15.63% |
| Sharpe Ratio | 1.99 | 1.78 |
| Sortino Ratio | 2.73 | 2.37 |
| Omega Ratio | 1.35 | 1.32 |
| Calmar Ratio | 2.77 | 2.47 |
| Martin Ratio | 10.13 | 9.31 |
| Ulcer Index | 2.99% | 2.46% |
| Daily Std Dev | 15.20% | 12.88% |
| Max Drawdown | -57.64% | -33.57% |
| Current Drawdown | -4.93% | -3.50% |
Correlation
The correlation between AMAGX and HLAL is 0.92, 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
AMAGX vs. HLAL - Performance Comparison
In the year-to-date period, AMAGX achieves a 14.13% return, which is significantly higher than HLAL's 12.03% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMAGX vs. HLAL - Expense Ratio Comparison
AMAGX has a 0.91% expense ratio, which is higher than HLAL's 0.50% expense ratio.
Risk-Adjusted Performance
AMAGX vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Growth Fund (AMAGX) 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.
Dividends
AMAGX vs. HLAL - Dividend Comparison
AMAGX's dividend yield for the trailing twelve months is around 0.57%, less than HLAL's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAGX Amana Mutual Funds Trust Growth Fund | 0.57% | 0.65% | 3.64% | 0.52% | 5.44% | 3.15% | 3.47% | 10.90% | 13.67% | 7.45% | 6.50% | 3.22% |
HLAL Wahed FTSE USA Shariah ETF | 0.72% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMAGX vs. HLAL - Drawdown Comparison
The maximum AMAGX drawdown since its inception was -57.64%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for AMAGX and HLAL. For additional features, visit the drawdowns tool.
Volatility
AMAGX vs. HLAL - Volatility Comparison
Amana Mutual Funds Trust Growth Fund (AMAGX) and Wahed FTSE USA Shariah ETF (HLAL) have volatilities of 3.86% and 3.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.