AMAPX vs. SPSK
Compare and contrast key facts about Amana Participation Fund (AMAPX) and SP Funds Dow Jones Global Sukuk ETF (SPSK).
AMAPX is managed by Amana. It was launched on Sep 27, 2015. SPSK is a passively managed fund by Toroso Investments that tracks the performance of the Dow Jones Sukuk Total Return (No Coupon Reinvestment). It was launched on Dec 30, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAPX or SPSK.
Correlation
The correlation between AMAPX and SPSK is 0.36, 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. SPSK - Performance Comparison
Key characteristics
AMAPX:
1.75
SPSK:
0.42
AMAPX:
2.68
SPSK:
0.66
AMAPX:
1.42
SPSK:
1.08
AMAPX:
1.01
SPSK:
0.39
AMAPX:
6.71
SPSK:
2.75
AMAPX:
0.57%
SPSK:
1.03%
AMAPX:
2.19%
SPSK:
6.71%
AMAPX:
-7.47%
SPSK:
-12.83%
AMAPX:
-1.40%
SPSK:
-3.12%
Returns By Period
In the year-to-date period, AMAPX achieves a 3.31% return, which is significantly higher than SPSK's 2.44% return.
AMAPX
3.31%
-0.31%
2.15%
3.73%
1.31%
N/A
SPSK
2.44%
0.01%
2.03%
2.77%
N/A
N/A
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AMAPX vs. SPSK - Expense Ratio Comparison
AMAPX has a 0.78% expense ratio, which is higher than SPSK's 0.65% expense ratio.
Risk-Adjusted Performance
AMAPX vs. SPSK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Participation Fund (AMAPX) and SP Funds Dow Jones Global Sukuk ETF (SPSK). 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. SPSK - Dividend Comparison
AMAPX's dividend yield for the trailing twelve months is around 2.91%, less than SPSK's 2.94% 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% |
SPSK SP Funds Dow Jones Global Sukuk ETF | 2.94% | 2.95% | 2.22% | 2.56% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMAPX vs. SPSK - Drawdown Comparison
The maximum AMAPX drawdown since its inception was -7.47%, smaller than the maximum SPSK drawdown of -12.83%. Use the drawdown chart below to compare losses from any high point for AMAPX and SPSK. For additional features, visit the drawdowns tool.
Volatility
AMAPX vs. SPSK - Volatility Comparison
The current volatility for Amana Participation Fund (AMAPX) is 0.48%, while SP Funds Dow Jones Global Sukuk ETF (SPSK) has a volatility of 1.52%. This indicates that AMAPX experiences smaller price fluctuations and is considered to be less risky than SPSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.