AMAGX vs. MVV
Compare and contrast key facts about Amana Mutual Funds Trust Growth Fund (AMAGX) and ProShares Ultra Midcap 400 (MVV).
AMAGX is managed by Amana. It was launched on Feb 3, 1994. MVV is a passively managed fund by ProShares that tracks the performance of the S&P MidCap 400 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAGX or MVV.
Key characteristics
| AMAGX | MVV | |
|---|---|---|
| YTD Return | 14.13% | 18.33% |
| 1Y Return | 26.84% | 47.48% |
| 3Y Return (Ann) | 6.14% | -2.00% |
| 5Y Return (Ann) | 16.36% | 10.87% |
| 10Y Return (Ann) | 14.66% | 11.72% |
| Sharpe Ratio | 1.99 | 1.68 |
| Sortino Ratio | 2.73 | 2.30 |
| Omega Ratio | 1.35 | 1.28 |
| Calmar Ratio | 2.77 | 1.33 |
| Martin Ratio | 10.13 | 8.72 |
| Ulcer Index | 2.99% | 6.11% |
| Daily Std Dev | 15.20% | 31.65% |
| Max Drawdown | -57.64% | -85.54% |
| Current Drawdown | -4.93% | -6.21% |
Correlation
The correlation between AMAGX and MVV is 0.84, 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. MVV - Performance Comparison
In the year-to-date period, AMAGX achieves a 14.13% return, which is significantly lower than MVV's 18.33% return. Over the past 10 years, AMAGX has outperformed MVV with an annualized return of 14.66%, while MVV has yielded a comparatively lower 11.72% annualized 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. MVV - Expense Ratio Comparison
AMAGX has a 0.91% expense ratio, which is lower than MVV's 0.95% expense ratio.
Risk-Adjusted Performance
AMAGX vs. MVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Growth Fund (AMAGX) and ProShares Ultra Midcap 400 (MVV). 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. MVV - Dividend Comparison
AMAGX's dividend yield for the trailing twelve months is around 0.57%, more than MVV's 0.46% 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% |
MVV ProShares Ultra Midcap 400 | 0.46% | 0.77% | 0.93% | 0.16% | 0.29% | 0.62% | 0.62% | 0.21% | 0.43% | 0.17% | 0.00% | 0.00% |
Drawdowns
AMAGX vs. MVV - Drawdown Comparison
The maximum AMAGX drawdown since its inception was -57.64%, smaller than the maximum MVV drawdown of -85.54%. Use the drawdown chart below to compare losses from any high point for AMAGX and MVV. For additional features, visit the drawdowns tool.
Volatility
AMAGX vs. MVV - Volatility Comparison
The current volatility for Amana Mutual Funds Trust Growth Fund (AMAGX) is 3.86%, while ProShares Ultra Midcap 400 (MVV) has a volatility of 6.62%. This indicates that AMAGX experiences smaller price fluctuations and is considered to be less risky than MVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.