AMAGX vs. SPY
Compare and contrast key facts about Amana Mutual Funds Trust Growth Fund (AMAGX) and State Street SPDR S&P 500 ETF (SPY).
AMAGX is managed by Amana. It was launched on Feb 3, 1994. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
AMAGX vs. SPY - Performance Comparison
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AMAGX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMAGX Amana Mutual Funds Trust Growth Fund | -6.55% | 17.62% | 15.73% | 25.67% | -19.49% | 31.51% | 32.93% | 33.09% | 2.47% | 28.91% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, AMAGX achieves a -6.55% return, which is significantly lower than SPY's -4.37% return. Over the past 10 years, AMAGX has outperformed SPY with an annualized return of 15.34%, while SPY has yielded a comparatively lower 13.98% annualized return.
AMAGX
- 1D
- -0.85%
- 1M
- -9.83%
- YTD
- -6.55%
- 6M
- -4.04%
- 1Y
- 19.84%
- 3Y*
- 14.07%
- 5Y*
- 10.31%
- 10Y*
- 15.34%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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AMAGX vs. SPY - Expense Ratio Comparison
AMAGX has a 0.91% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
AMAGX vs. SPY — Risk / Return Rank
AMAGX
SPY
AMAGX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Growth Fund (AMAGX) and State Street SPDR S&P 500 ETF (SPY). 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.
| AMAGX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 0.93 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.54 | 1.45 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 1.53 | -0.01 |
Martin ratioReturn relative to average drawdown | 6.41 | 7.30 | -0.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMAGX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 0.93 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.69 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.78 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.56 | +0.08 |
Correlation
The correlation between AMAGX and SPY is 0.87, 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.
Dividends
AMAGX vs. SPY - Dividend Comparison
AMAGX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.14%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAGX Amana Mutual Funds Trust Growth Fund | 0.00% | 0.00% | 3.95% | 0.65% | 3.64% | 0.52% | 5.44% | 3.15% | 3.47% | 10.90% | 13.67% | 7.45% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
AMAGX vs. SPY - Drawdown Comparison
The maximum AMAGX drawdown since its inception was -57.64%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMAGX and SPY.
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Drawdown Indicators
| AMAGX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.64% | -55.19% | -2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.84% | -12.05% | +0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -28.09% | -24.50% | -3.59% |
Max Drawdown (10Y)Largest decline over 10 years | -28.09% | -33.72% | +5.63% |
Current DrawdownCurrent decline from peak | -11.04% | -6.24% | -4.80% |
Average DrawdownAverage peak-to-trough decline | -10.32% | -9.09% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.52% | +0.28% |
Volatility
AMAGX vs. SPY - Volatility Comparison
Amana Mutual Funds Trust Growth Fund (AMAGX) has a higher volatility of 5.96% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that AMAGX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAGX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 5.31% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 9.47% | +2.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.16% | 19.05% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.18% | 17.06% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 17.92% | +0.35% |