AMANX vs. SPY
Compare and contrast key facts about Amana Mutual Funds Trust Income Fund (AMANX) and SPDR S&P 500 ETF (SPY).
AMANX is managed by Amana. It was launched on Jun 23, 1986. 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: AMANX or SPY.
Correlation
The correlation between AMANX and SPY is 0.83, 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. SPY - Performance Comparison
Key characteristics
AMANX:
0.53
SPY:
1.75
AMANX:
0.77
SPY:
2.36
AMANX:
1.10
SPY:
1.32
AMANX:
0.64
SPY:
2.66
AMANX:
1.62
SPY:
11.01
AMANX:
4.12%
SPY:
2.03%
AMANX:
12.64%
SPY:
12.77%
AMANX:
-38.42%
SPY:
-55.19%
AMANX:
-6.13%
SPY:
-2.12%
Returns By Period
In the year-to-date period, AMANX achieves a 4.24% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, AMANX has underperformed SPY with an annualized return of 4.57%, while SPY has yielded a comparatively higher 12.96% annualized return.
AMANX
4.24%
1.21%
-3.46%
4.91%
5.56%
4.57%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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AMANX vs. SPY - Expense Ratio Comparison
AMANX has a 1.01% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AMANX vs. SPY — Risk-Adjusted Performance Rank
AMANX
SPY
AMANX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Income Fund (AMANX) 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
AMANX vs. SPY - Dividend Comparison
AMANX's dividend yield for the trailing twelve months is around 0.73%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMANX Amana Mutual Funds Trust Income Fund | 0.73% | 0.76% | 0.90% | 1.00% | 0.73% | 1.12% | 1.24% | 1.33% | 1.04% | 1.40% | 1.57% | 1.50% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AMANX vs. SPY - Drawdown Comparison
The maximum AMANX drawdown since its inception was -38.42%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMANX and SPY. For additional features, visit the drawdowns tool.
Volatility
AMANX vs. SPY - Volatility Comparison
Amana Mutual Funds Trust Income Fund (AMANX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.29% and 3.38%, 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.