AMAGX vs. SPY
Compare and contrast key facts about Amana Mutual Funds Trust Growth Fund (AMAGX) and 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAGX or SPY.
Performance
AMAGX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AMAGX achieves a 16.31% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, AMAGX has underperformed SPY with an annualized return of 8.96%, while SPY has yielded a comparatively higher 13.10% annualized return.
AMAGX
16.31%
-1.07%
4.74%
21.62%
13.80%
8.96%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| AMAGX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.47 | 2.70 |
| Sortino Ratio | 2.06 | 3.60 |
| Omega Ratio | 1.27 | 1.50 |
| Calmar Ratio | 2.04 | 3.90 |
| Martin Ratio | 7.20 | 17.52 |
| Ulcer Index | 3.09% | 1.87% |
| Daily Std Dev | 15.09% | 12.14% |
| Max Drawdown | -57.64% | -55.19% |
| Current Drawdown | -3.11% | -0.85% |
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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.
Correlation
The correlation between AMAGX and SPY is 0.86, 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.
Risk-Adjusted Performance
AMAGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Growth Fund (AMAGX) and 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.
Dividends
AMAGX vs. SPY - Dividend Comparison
AMAGX's dividend yield for the trailing twelve months is around 0.13%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAGX Amana Mutual Funds Trust Growth Fund | 0.13% | 0.16% | 0.17% | 0.07% | 0.22% | 0.36% | 0.47% | 0.49% | 0.75% | 0.54% | 0.37% | 0.60% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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. For additional features, visit the drawdowns tool.
Volatility
AMAGX vs. SPY - Volatility Comparison
Amana Mutual Funds Trust Growth Fund (AMAGX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.16% and 3.98%, 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.