AMANX vs. WISEX
Compare and contrast key facts about Amana Mutual Funds Trust Income Fund (AMANX) and Azzad Wise Capital Fund (WISEX).
AMANX is managed by Amana. It was launched on Jun 23, 1986. WISEX is managed by Azzad Fund. It was launched on Apr 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMANX or WISEX.
Key characteristics
| AMANX | WISEX | |
|---|---|---|
| YTD Return | 14.78% | 4.74% |
| 1Y Return | 19.93% | 6.62% |
| 3Y Return (Ann) | 7.42% | 1.77% |
| 5Y Return (Ann) | 11.48% | 2.21% |
| 10Y Return (Ann) | 9.91% | 1.92% |
| Sharpe Ratio | 1.77 | 5.28 |
| Sortino Ratio | 2.49 | 9.29 |
| Omega Ratio | 1.31 | 2.52 |
| Calmar Ratio | 2.29 | 5.47 |
| Martin Ratio | 9.17 | 35.60 |
| Ulcer Index | 2.13% | 0.19% |
| Daily Std Dev | 11.03% | 1.27% |
| Max Drawdown | -37.82% | -5.49% |
| Current Drawdown | -3.92% | -0.31% |
Correlation
The correlation between AMANX and WISEX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMANX vs. WISEX - Performance Comparison
In the year-to-date period, AMANX achieves a 14.78% return, which is significantly higher than WISEX's 4.74% return. Over the past 10 years, AMANX has outperformed WISEX with an annualized return of 9.91%, while WISEX has yielded a comparatively lower 1.92% 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. WISEX - Expense Ratio Comparison
AMANX has a 1.01% expense ratio, which is higher than WISEX's 0.89% expense ratio.
Risk-Adjusted Performance
AMANX vs. WISEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Income Fund (AMANX) and Azzad Wise Capital Fund (WISEX). 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. WISEX - Dividend Comparison
AMANX's dividend yield for the trailing twelve months is around 0.74%, less than WISEX's 3.37% 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% |
WISEX Azzad Wise Capital Fund | 3.37% | 2.63% | 1.50% | 1.19% | 1.16% | 1.84% | 1.23% | 1.12% | 0.98% | 0.67% | 0.77% | 2.49% |
Drawdowns
AMANX vs. WISEX - Drawdown Comparison
The maximum AMANX drawdown since its inception was -37.82%, which is greater than WISEX's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for AMANX and WISEX. For additional features, visit the drawdowns tool.
Volatility
AMANX vs. WISEX - Volatility Comparison
Amana Mutual Funds Trust Income Fund (AMANX) has a higher volatility of 3.03% compared to Azzad Wise Capital Fund (WISEX) at 0.39%. This indicates that AMANX's price experiences larger fluctuations and is considered to be riskier than WISEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.