AMAPX vs. AMAGX
Compare and contrast key facts about Amana Participation Fund (AMAPX) and Amana Mutual Funds Trust Growth Fund (AMAGX).
AMAPX is managed by Amana. It was launched on Sep 27, 2015. AMAGX is managed by Amana. It was launched on Feb 3, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAPX or AMAGX.
Key characteristics
| AMAPX | AMAGX | |
|---|---|---|
| YTD Return | 0.18% | 9.58% |
| 1Y Return | 1.28% | 27.39% |
| 3Y Return (Ann) | -0.68% | 10.66% |
| 5Y Return (Ann) | 1.36% | 16.84% |
| Sharpe Ratio | 0.49 | 2.09 |
| Daily Std Dev | 2.41% | 13.32% |
| Max Drawdown | -7.47% | -57.64% |
| Current Drawdown | -2.89% | -1.86% |
Correlation
The correlation between AMAPX and AMAGX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMAPX vs. AMAGX - Performance Comparison
In the year-to-date period, AMAPX achieves a 0.18% return, which is significantly lower than AMAGX's 9.58% 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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AMAPX vs. AMAGX - Expense Ratio Comparison
AMAPX has a 0.78% expense ratio, which is lower than AMAGX's 0.91% expense ratio.
Risk-Adjusted Performance
AMAPX vs. AMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Participation Fund (AMAPX) and Amana Mutual Funds Trust Growth Fund (AMAGX). 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
AMAPX vs. AMAGX - Dividend Comparison
AMAPX's dividend yield for the trailing twelve months is around 2.91%, more than AMAGX's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAPX Amana Participation Fund | 2.91% | 2.62% | 1.60% | 1.55% | 1.96% | 2.45% | 2.61% | 2.14% | 2.14% | 0.00% | 0.00% | 0.00% |
AMAGX Amana Mutual Funds Trust Growth Fund | 0.59% | 0.65% | 3.64% | 0.52% | 5.44% | 3.15% | 3.47% | 10.90% | 13.67% | 7.45% | 6.50% | 3.22% |
Drawdowns
AMAPX vs. AMAGX - Drawdown Comparison
The maximum AMAPX drawdown since its inception was -7.47%, smaller than the maximum AMAGX drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for AMAPX and AMAGX. For additional features, visit the drawdowns tool.
Volatility
AMAPX vs. AMAGX - Volatility Comparison
The current volatility for Amana Participation Fund (AMAPX) is 0.43%, while Amana Mutual Funds Trust Growth Fund (AMAGX) has a volatility of 4.01%. This indicates that AMAPX experiences smaller price fluctuations and is considered to be less risky than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.