AMDWX vs. SPY
Compare and contrast key facts about Amana Mutual Funds Trust Developing World Fund (AMDWX) and SPDR S&P 500 ETF (SPY).
AMDWX is managed by Amana. It was launched on Sep 27, 2009. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMDWX or SPY.
Correlation
The correlation between AMDWX and SPY is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AMDWX vs. SPY - Performance Comparison
Key characteristics
AMDWX:
0.69
SPY:
2.21
AMDWX:
1.04
SPY:
2.93
AMDWX:
1.13
SPY:
1.41
AMDWX:
0.77
SPY:
3.26
AMDWX:
2.61
SPY:
14.43
AMDWX:
3.60%
SPY:
1.90%
AMDWX:
13.60%
SPY:
12.41%
AMDWX:
-28.89%
SPY:
-55.19%
AMDWX:
-9.14%
SPY:
-2.74%
Returns By Period
In the year-to-date period, AMDWX achieves a 6.47% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, AMDWX has underperformed SPY with an annualized return of 2.80%, while SPY has yielded a comparatively higher 12.97% annualized return.
AMDWX
6.47%
-1.41%
-3.20%
8.38%
5.58%
2.80%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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AMDWX vs. SPY - Expense Ratio Comparison
AMDWX has a 1.14% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
AMDWX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Mutual Funds Trust Developing World Fund (AMDWX) and SPDR S&P 500 ETF (SPY). 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
AMDWX vs. SPY - Dividend Comparison
AMDWX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMDWX Amana Mutual Funds Trust Developing World Fund | 0.00% | 0.88% | 0.75% | 1.16% | 0.00% | 0.37% | 0.50% | 0.18% | 0.28% | 0.58% | 0.20% | 0.39% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AMDWX vs. SPY - Drawdown Comparison
The maximum AMDWX drawdown since its inception was -28.89%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMDWX and SPY. For additional features, visit the drawdowns tool.
Volatility
AMDWX vs. SPY - Volatility Comparison
The current volatility for Amana Mutual Funds Trust Developing World Fund (AMDWX) is 2.62%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that AMDWX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.