AMANX vs. ADJEX
Compare and contrast key facts about Amana Mutual Funds Trust Income Fund (AMANX) and Azzad Ethical Fund (ADJEX).
AMANX is managed by Amana. It was launched on Jun 23, 1986. ADJEX is managed by Azzad Fund. It was launched on Dec 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMANX or ADJEX.
Key characteristics
| AMANX | ADJEX | |
|---|---|---|
| YTD Return | 14.78% | 5.84% |
| 1Y Return | 19.93% | 15.59% |
| 3Y Return (Ann) | 7.42% | -7.56% |
| 5Y Return (Ann) | 11.48% | 2.68% |
| 10Y Return (Ann) | 9.91% | 3.16% |
| Sharpe Ratio | 1.77 | 0.93 |
| Sortino Ratio | 2.49 | 1.37 |
| Omega Ratio | 1.31 | 1.17 |
| Calmar Ratio | 2.29 | 0.50 |
| Martin Ratio | 9.17 | 3.62 |
| Ulcer Index | 2.13% | 4.48% |
| Daily Std Dev | 11.03% | 17.41% |
| Max Drawdown | -37.82% | -57.92% |
| Current Drawdown | -3.92% | -21.84% |
Correlation
The correlation between AMANX and ADJEX is 0.82, 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
AMANX vs. ADJEX - Performance Comparison
In the year-to-date period, AMANX achieves a 14.78% return, which is significantly higher than ADJEX's 5.84% return. Over the past 10 years, AMANX has outperformed ADJEX with an annualized return of 9.91%, while ADJEX has yielded a comparatively lower 3.16% 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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AMANX vs. ADJEX - Expense Ratio Comparison
AMANX has a 1.01% expense ratio, which is higher than ADJEX's 0.99% expense ratio.
Risk-Adjusted Performance
AMANX vs. ADJEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Income Fund (AMANX) and Azzad Ethical Fund (ADJEX). 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
AMANX vs. ADJEX - Dividend Comparison
AMANX's dividend yield for the trailing twelve months is around 0.74%, while ADJEX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMANX Amana Mutual Funds Trust Income Fund | 0.74% | 0.90% | 1.00% | 0.73% | 1.12% | 1.24% | 1.33% | 1.04% | 1.40% | 1.57% | 1.50% | 1.39% |
ADJEX Azzad Ethical Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 9.18% | 11.64% |
Drawdowns
AMANX vs. ADJEX - Drawdown Comparison
The maximum AMANX drawdown since its inception was -37.82%, smaller than the maximum ADJEX drawdown of -57.92%. Use the drawdown chart below to compare losses from any high point for AMANX and ADJEX. For additional features, visit the drawdowns tool.
Volatility
AMANX vs. ADJEX - Volatility Comparison
The current volatility for Amana Mutual Funds Trust Income Fund (AMANX) is 3.03%, while Azzad Ethical Fund (ADJEX) has a volatility of 4.75%. This indicates that AMANX experiences smaller price fluctuations and is considered to be less risky than ADJEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.