AMAPX vs. UMMA
Compare and contrast key facts about Amana Participation Fund (AMAPX) and Wahed Dow Jones Islamic World ETF (UMMA).
AMAPX is managed by Amana. It was launched on Sep 27, 2015. UMMA is a passively managed fund by Wahed that tracks the performance of the Dow Jones Islamic Market International Titans 100 Index. It was launched on Jan 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAPX or UMMA.
Correlation
The correlation between AMAPX and UMMA is 0.23, 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. UMMA - Performance Comparison
Key characteristics
AMAPX:
1.75
UMMA:
0.46
AMAPX:
2.68
UMMA:
0.75
AMAPX:
1.42
UMMA:
1.09
AMAPX:
1.01
UMMA:
0.67
AMAPX:
6.71
UMMA:
2.06
AMAPX:
0.57%
UMMA:
3.69%
AMAPX:
2.19%
UMMA:
16.61%
AMAPX:
-7.47%
UMMA:
-34.17%
AMAPX:
-1.40%
UMMA:
-9.32%
Returns By Period
In the year-to-date period, AMAPX achieves a 3.31% return, which is significantly lower than UMMA's 4.61% return.
AMAPX
3.31%
-0.31%
2.15%
3.73%
1.31%
N/A
UMMA
4.61%
-1.62%
-4.00%
6.11%
N/A
N/A
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AMAPX vs. UMMA - Expense Ratio Comparison
AMAPX has a 0.78% expense ratio, which is higher than UMMA's 0.65% expense ratio.
Risk-Adjusted Performance
AMAPX vs. UMMA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Participation Fund (AMAPX) and Wahed Dow Jones Islamic World ETF (UMMA). 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. UMMA - Dividend Comparison
AMAPX's dividend yield for the trailing twelve months is around 2.91%, more than UMMA's 1.11% 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% |
UMMA Wahed Dow Jones Islamic World ETF | 1.11% | 1.09% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMAPX vs. UMMA - Drawdown Comparison
The maximum AMAPX drawdown since its inception was -7.47%, smaller than the maximum UMMA drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for AMAPX and UMMA. For additional features, visit the drawdowns tool.
Volatility
AMAPX vs. UMMA - Volatility Comparison
The current volatility for Amana Participation Fund (AMAPX) is 0.48%, while Wahed Dow Jones Islamic World ETF (UMMA) has a volatility of 4.62%. This indicates that AMAPX experiences smaller price fluctuations and is considered to be less risky than UMMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.