AMAPX vs. HLAL
Compare and contrast key facts about Amana Participation Fund (AMAPX) and Wahed FTSE USA Shariah ETF (HLAL).
AMAPX is managed by Amana. It was launched on Sep 27, 2015. HLAL is a passively managed fund by Wahed that tracks the performance of the FTSE Shariah USA Index. It was launched on Jul 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAPX or HLAL.
Correlation
The correlation between AMAPX and HLAL is 0.10, 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. HLAL - Performance Comparison
Key characteristics
AMAPX:
1.75
HLAL:
1.48
AMAPX:
2.68
HLAL:
1.96
AMAPX:
1.42
HLAL:
1.27
AMAPX:
1.01
HLAL:
2.13
AMAPX:
6.71
HLAL:
7.88
AMAPX:
0.57%
HLAL:
2.50%
AMAPX:
2.19%
HLAL:
13.32%
AMAPX:
-7.47%
HLAL:
-33.57%
AMAPX:
-1.40%
HLAL:
-2.75%
Returns By Period
In the year-to-date period, AMAPX achieves a 3.31% return, which is significantly lower than HLAL's 18.13% return.
AMAPX
3.31%
-0.31%
2.15%
3.73%
1.31%
N/A
HLAL
18.13%
2.24%
6.27%
18.42%
15.47%
N/A
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AMAPX vs. HLAL - Expense Ratio Comparison
AMAPX has a 0.78% expense ratio, which is higher than HLAL's 0.50% expense ratio.
Risk-Adjusted Performance
AMAPX vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Participation Fund (AMAPX) and Wahed FTSE USA Shariah ETF (HLAL). 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. HLAL - Dividend Comparison
AMAPX's dividend yield for the trailing twelve months is around 2.91%, more than HLAL's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
AMAPX Amana Participation Fund | 2.91% | 2.62% | 1.61% | 1.55% | 1.95% | 2.45% | 2.62% | 2.12% | 2.04% |
HLAL Wahed FTSE USA Shariah ETF | 0.68% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMAPX vs. HLAL - Drawdown Comparison
The maximum AMAPX drawdown since its inception was -7.47%, smaller than the maximum HLAL drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for AMAPX and HLAL. For additional features, visit the drawdowns tool.
Volatility
AMAPX vs. HLAL - Volatility Comparison
The current volatility for Amana Participation Fund (AMAPX) is 0.48%, while Wahed FTSE USA Shariah ETF (HLAL) has a volatility of 4.16%. This indicates that AMAPX experiences smaller price fluctuations and is considered to be less risky than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.