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AMFEX vs. VINIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AMFEXVINIX
YTD Return14.16%19.69%
1Y Return19.99%27.15%
3Y Return (Ann)7.59%11.13%
5Y Return (Ann)11.31%15.50%
Sharpe Ratio2.102.48
Daily Std Dev9.59%11.14%
Max Drawdown-30.41%-55.19%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.01.0

The correlation between AMFEX and VINIX is 0.98, 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

AMFEX vs. VINIX - Performance Comparison

In the year-to-date period, AMFEX achieves a 14.16% return, which is significantly lower than VINIX's 19.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


80.00%100.00%120.00%140.00%160.00%FebruaryMarchAprilMayJuneJuly
108.60%
163.75%
AMFEX
VINIX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AAMA Equity Fund

Vanguard Institutional Index Fund Institutional Shares

AMFEX vs. VINIX - Expense Ratio Comparison

AMFEX has a 1.17% expense ratio, which is higher than VINIX's 0.04% expense ratio.


AMFEX
AAMA Equity Fund
Expense ratio chart for AMFEX: current value at 1.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.17%
Expense ratio chart for VINIX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

AMFEX vs. VINIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AAMA Equity Fund (AMFEX) and Vanguard Institutional Index Fund Institutional Shares (VINIX). 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.


AMFEX
Sharpe ratio
The chart of Sharpe ratio for AMFEX, currently valued at 2.10, compared to the broader market-1.000.001.002.003.004.005.002.10
Sortino ratio
The chart of Sortino ratio for AMFEX, currently valued at 2.94, compared to the broader market0.005.0010.002.94
Omega ratio
The chart of Omega ratio for AMFEX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
Calmar ratio
The chart of Calmar ratio for AMFEX, currently valued at 1.74, compared to the broader market0.005.0010.0015.0020.001.74
Martin ratio
The chart of Martin ratio for AMFEX, currently valued at 7.69, compared to the broader market0.0020.0040.0060.0080.00100.007.69
VINIX
Sharpe ratio
The chart of Sharpe ratio for VINIX, currently valued at 2.48, compared to the broader market-1.000.001.002.003.004.005.002.48
Sortino ratio
The chart of Sortino ratio for VINIX, currently valued at 3.46, compared to the broader market0.005.0010.003.46
Omega ratio
The chart of Omega ratio for VINIX, currently valued at 1.44, compared to the broader market1.002.003.004.001.44
Calmar ratio
The chart of Calmar ratio for VINIX, currently valued at 2.37, compared to the broader market0.005.0010.0015.0020.002.37
Martin ratio
The chart of Martin ratio for VINIX, currently valued at 9.62, compared to the broader market0.0020.0040.0060.0080.00100.009.62

AMFEX vs. VINIX - Sharpe Ratio Comparison

The current AMFEX Sharpe Ratio is 2.10, which roughly equals the VINIX Sharpe Ratio of 2.48. The chart below compares the 12-month rolling Sharpe Ratio of AMFEX and VINIX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
2.10
2.48
AMFEX
VINIX

Dividends

AMFEX vs. VINIX - Dividend Comparison

AMFEX's dividend yield for the trailing twelve months is around 0.81%, less than VINIX's 2.53% yield.


TTM20232022202120202019201820172016201520142013
AMFEX
AAMA Equity Fund
0.81%0.92%4.82%0.22%0.44%0.78%0.83%0.40%0.00%0.00%0.00%0.00%
VINIX
Vanguard Institutional Index Fund Institutional Shares
2.53%2.97%3.38%4.77%3.06%2.85%2.43%1.82%2.36%2.45%1.88%1.85%

Drawdowns

AMFEX vs. VINIX - Drawdown Comparison

The maximum AMFEX drawdown since its inception was -30.41%, smaller than the maximum VINIX drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMFEX and VINIX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly00
AMFEX
VINIX

Volatility

AMFEX vs. VINIX - Volatility Comparison

The current volatility for AAMA Equity Fund (AMFEX) is 1.67%, while Vanguard Institutional Index Fund Institutional Shares (VINIX) has a volatility of 2.04%. This indicates that AMFEX experiences smaller price fluctuations and is considered to be less risky than VINIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%FebruaryMarchAprilMayJuneJuly
1.67%
2.04%
AMFEX
VINIX