AMIGX vs. ADJEX
Compare and contrast key facts about Amana Growth Fund (AMIGX) and Azzad Ethical Fund (ADJEX).
AMIGX is managed by Amana. It was launched on Sep 25, 2013. ADJEX is managed by Azzad Fund. It was launched on Dec 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMIGX or ADJEX.
Correlation
The correlation between AMIGX and ADJEX is 0.88, 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
AMIGX vs. ADJEX - Performance Comparison
Key characteristics
AMIGX:
0.81
ADJEX:
0.25
AMIGX:
1.17
ADJEX:
0.45
AMIGX:
1.15
ADJEX:
1.06
AMIGX:
1.18
ADJEX:
0.15
AMIGX:
3.58
ADJEX:
0.84
AMIGX:
3.61%
ADJEX:
5.45%
AMIGX:
16.05%
ADJEX:
18.24%
AMIGX:
-28.01%
ADJEX:
-57.92%
AMIGX:
-6.75%
ADJEX:
-25.58%
Returns By Period
In the year-to-date period, AMIGX achieves a 0.77% return, which is significantly lower than ADJEX's 4.17% return. Over the past 10 years, AMIGX has outperformed ADJEX with an annualized return of 9.57%, while ADJEX has yielded a comparatively lower 2.68% annualized return.
AMIGX
0.77%
0.15%
-2.70%
9.76%
12.05%
9.57%
ADJEX
4.17%
2.26%
-2.56%
1.52%
1.74%
2.68%
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AMIGX vs. ADJEX - Expense Ratio Comparison
AMIGX has a 0.67% expense ratio, which is lower than ADJEX's 0.99% expense ratio.
Risk-Adjusted Performance
AMIGX vs. ADJEX — Risk-Adjusted Performance Rank
AMIGX
ADJEX
AMIGX vs. ADJEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Growth Fund (AMIGX) and Azzad Ethical Fund (ADJEX). 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
AMIGX vs. ADJEX - Dividend Comparison
AMIGX's dividend yield for the trailing twelve months is around 0.10%, while ADJEX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMIGX Amana Growth Fund | 0.10% | 0.10% | 0.33% | 0.43% | 0.28% | 0.44% | 0.59% | 0.62% | 0.73% | 0.90% | 0.71% | 0.53% |
ADJEX Azzad Ethical Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 9.18% |
Drawdowns
AMIGX vs. ADJEX - Drawdown Comparison
The maximum AMIGX drawdown since its inception was -28.01%, smaller than the maximum ADJEX drawdown of -57.92%. Use the drawdown chart below to compare losses from any high point for AMIGX and ADJEX. For additional features, visit the drawdowns tool.
Volatility
AMIGX vs. ADJEX - Volatility Comparison
Amana Growth Fund (AMIGX) has a higher volatility of 6.08% compared to Azzad Ethical Fund (ADJEX) at 5.62%. This indicates that AMIGX's price experiences larger fluctuations and is considered to be riskier than ADJEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.