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:
0.65
SPY:
2.20
AMANX:
0.92
SPY:
2.91
AMANX:
1.12
SPY:
1.41
AMANX:
0.78
SPY:
3.35
AMANX:
2.34
SPY:
13.99
AMANX:
3.51%
SPY:
2.01%
AMANX:
12.64%
SPY:
12.79%
AMANX:
-38.42%
SPY:
-55.19%
AMANX:
-9.16%
SPY:
-1.35%
Returns By Period
In the year-to-date period, AMANX achieves a 0.87% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, AMANX has underperformed SPY with an annualized return of 4.50%, while SPY has yielded a comparatively higher 13.29% annualized return.
AMANX
0.87%
0.20%
-4.29%
6.36%
4.82%
4.50%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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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 0.76%, 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 | 0.76% | 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) has a higher volatility of 6.31% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that AMANX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.