AMANX vs. HLAL
Compare and contrast key facts about Amana Mutual Funds Trust Income Fund (AMANX) and Wahed FTSE USA Shariah ETF (HLAL).
AMANX is managed by Amana. It was launched on Jun 23, 1986. 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: AMANX or HLAL.
Key characteristics
| AMANX | HLAL | |
|---|---|---|
| YTD Return | 14.78% | 15.99% |
| 1Y Return | 19.93% | 21.90% |
| 3Y Return (Ann) | 7.42% | 9.35% |
| 5Y Return (Ann) | 11.48% | 15.97% |
| Sharpe Ratio | 1.77 | 1.73 |
| Sortino Ratio | 2.49 | 2.30 |
| Omega Ratio | 1.31 | 1.31 |
| Calmar Ratio | 2.29 | 2.38 |
| Martin Ratio | 9.17 | 8.95 |
| Ulcer Index | 2.13% | 2.47% |
| Daily Std Dev | 11.03% | 12.81% |
| Max Drawdown | -37.82% | -33.57% |
| Current Drawdown | -3.92% | -0.89% |
Correlation
The correlation between AMANX and HLAL is 0.85, 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. HLAL - Performance Comparison
In the year-to-date period, AMANX achieves a 14.78% return, which is significantly lower than HLAL's 15.99% 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. HLAL - Expense Ratio Comparison
AMANX has a 1.01% expense ratio, which is higher than HLAL's 0.50% expense ratio.
Risk-Adjusted Performance
AMANX vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Income Fund (AMANX) 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
AMANX vs. HLAL - Dividend Comparison
AMANX's dividend yield for the trailing twelve months is around 0.74%, more than HLAL's 0.69% yield.
| 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% |
HLAL Wahed FTSE USA Shariah ETF | 0.69% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMANX vs. HLAL - Drawdown Comparison
The maximum AMANX drawdown since its inception was -37.82%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for AMANX and HLAL. For additional features, visit the drawdowns tool.
Volatility
AMANX vs. HLAL - Volatility Comparison
The current volatility for Amana Mutual Funds Trust Income Fund (AMANX) is 3.03%, while Wahed FTSE USA Shariah ETF (HLAL) has a volatility of 4.10%. This indicates that AMANX experiences smaller price fluctuations and is considered to be less risky than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.