AMANX vs. POGRX

Last updated Jul 15, 2026

AMANX (Amana Income Fund Investor Shares) and POGRX (PRIMECAP Odyssey Growth Fund) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 10 years, AMANX returned 11.74%/yr vs 17.09%/yr for POGRX. Their correlation of 0.84 suggests significant overlap in exposure. AMANX charges 1.01%/yr vs 0.66%/yr for POGRX.

Performance

AMANX vs. POGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amana Income Fund Investor Shares (AMANX) and PRIMECAP Odyssey Growth Fund (POGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMANX achieves a 12.05% return, which is significantly lower than POGRX's 25.33% return. Over the past 10 years, AMANX has underperformed POGRX with an annualized return of 11.74%, while POGRX has yielded a comparatively higher 17.09% annualized return.

AMANX

• 1D: -0.91%
• 1M: 1.57%
• 6M: 9.58%
• YTD: 12.05%
• 1Y: 18.97%
• 3Y*: 14.90%
• 5Y*: 10.64%
• 10Y*: 11.74%

POGRX

• 1D: -1.62%
• 1M: -0.75%
• 6M: 18.80%
• YTD: 25.33%
• 1Y: 52.37%
• 3Y*: 27.03%
• 5Y*: 15.54%
• 10Y*: 17.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMANX vs. POGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMANX Amana Income Fund Investor Shares	12.05%	16.41%	12.85%	13.60%	-8.86%	22.53%	13.98%	25.31%	-5.17%	21.67%
POGRX PRIMECAP Odyssey Growth Fund	25.33%	32.99%	13.09%	23.85%	-14.61%	18.81%	17.05%	23.98%	-4.56%	32.07%

Correlation

The correlation between AMANX and POGRX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Nov 3, 2004	0.84

The correlation between AMANX and POGRX shifts across timeframes, from 0.73 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMANX vs. POGRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMANX

AMANX Risk / Return Rank: 40
AMANX Sharpe Ratio Rank: 42
AMANX Sortino Ratio Rank: 43
AMANX Omega Ratio Rank: 40
AMANX Calmar Ratio Rank: 33
AMANX Martin Ratio Rank: 39

POGRX

POGRX Risk / Return Rank: 90
POGRX Sharpe Ratio Rank: 93
POGRX Sortino Ratio Rank: 87
POGRX Omega Ratio Rank: 85
POGRX Calmar Ratio Rank: 90
POGRX Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMANX vs. POGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amana Income Fund Investor Shares (AMANX) and PRIMECAP Odyssey Growth Fund (POGRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMANX	POGRX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	2.58	-1.14
Sortino ratio: Return per unit of downside risk	2.10	3.43	-1.32
Omega ratio: Gain probability vs. loss probability	1.26	1.45	-0.19
Calmar ratio: Return relative to maximum drawdown	1.71	3.66	-1.95
Martin ratio: Return relative to average drawdown	6.71	14.92	-8.21

AMANX vs. POGRX - Sharpe Ratio Comparison

The current AMANX Sharpe Ratio is 1.44, which is lower than the POGRX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of AMANX and POGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMANX vs. POGRX - Drawdown Comparison

The maximum AMANX drawdown since its inception was -37.82%, smaller than the maximum POGRX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for AMANX and POGRX.

Drawdown Indicators

	AMANX	POGRX	Difference
Max Drawdown Largest peak-to-trough decline	-37.82%	-51.63%	+13.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-14.40%	+3.37%
Max Drawdown (3Y) Largest decline over 3 years	-15.42%	-22.13%	+6.71%
Max Drawdown (5Y) Largest decline over 5 years	-19.19%	-26.85%	+7.66%
Max Drawdown (10Y) Largest decline over 10 years	-31.48%	-35.29%	+3.81%
Current Drawdown Current decline from peak	-1.63%	-6.37%	+4.74%
Average Drawdown Average peak-to-trough decline	-5.98%	-7.11%	+1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	3.52%	-0.71%

Volatility

AMANX vs. POGRX - Volatility Comparison

The current volatility for Amana Income Fund Investor Shares (AMANX) is 4.25%, while PRIMECAP Odyssey Growth Fund (POGRX) has a volatility of 9.10%. This indicates that AMANX experiences smaller price fluctuations and is considered to be less risky than POGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMANX	POGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	9.10%	-4.85%
Volatility (6M) Calculated over the trailing 6-month period	10.79%	17.39%	-6.60%
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	20.45%	-7.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.04%	20.09%	-6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.93%	20.59%	-4.66%

AMANX vs. POGRX - Expense Ratio Comparison

AMANX has a 1.01% expense ratio, which is higher than POGRX's 0.66% expense ratio.

Dividends

AMANX vs. POGRX - Dividend Comparison

AMANX's dividend yield for the trailing twelve months is around 4.82%, less than POGRX's 19.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMANX Amana Income Fund Investor Shares	4.82%	5.39%	5.69%	5.24%	8.14%	4.66%	6.53%	7.81%	6.55%	5.75%	4.15%	6.88%
POGRX PRIMECAP Odyssey Growth Fund	19.86%	24.89%	20.79%	13.28%	12.36%	13.68%	12.50%	5.13%	2.45%	1.54%	5.83%	1.29%

Frequently Asked Questions

Can I hold both AMANX and POGRX in my portfolio?

AMANX and POGRX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMANX or POGRX?

POGRX has higher volatility (9.10%) compared to AMANX (4.25%). In terms of maximum drawdown, AMANX dropped -37.82% vs POGRX's -51.63%.

Which has better risk-adjusted returns?

POGRX currently has the higher Sharpe Ratio (2.58 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.