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AMIGX vs. ADJEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.9

Performance

AMIGX vs. ADJEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amana Growth Fund (AMIGX) and Azzad Ethical Fund (ADJEX). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
371.97%
49.89%
AMIGX
ADJEX

Key characteristics

Sharpe Ratio

AMIGX:

0.91

ADJEX:

0.02

Sortino Ratio

AMIGX:

1.30

ADJEX:

0.16

Omega Ratio

AMIGX:

1.17

ADJEX:

1.02

Calmar Ratio

AMIGX:

1.33

ADJEX:

0.01

Martin Ratio

AMIGX:

4.59

ADJEX:

0.09

Ulcer Index

AMIGX:

3.16%

ADJEX:

4.69%

Daily Std Dev

AMIGX:

15.95%

ADJEX:

18.55%

Max Drawdown

AMIGX:

-27.95%

ADJEX:

-57.92%

Current Drawdown

AMIGX:

-6.98%

ADJEX:

-27.22%

Returns By Period

In the year-to-date period, AMIGX achieves a 12.24% return, which is significantly higher than ADJEX's -1.45% return. Over the past 10 years, AMIGX has outperformed ADJEX with an annualized return of 14.19%, while ADJEX has yielded a comparatively lower 2.39% annualized return.


AMIGX

YTD

12.24%

1M

-3.11%

6M

-3.39%

1Y

13.11%

5Y*

15.20%

10Y*

14.19%

ADJEX

YTD

-1.45%

1M

-6.03%

6M

-5.43%

1Y

-1.33%

5Y*

2.00%

10Y*

2.39%

Compare stocks, funds, or ETFs

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


AMIGX vs. ADJEX - Expense Ratio Comparison

AMIGX has a 0.67% expense ratio, which is lower than ADJEX's 0.99% expense ratio.


ADJEX
Azzad Ethical Fund
Expense ratio chart for ADJEX: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for AMIGX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for AMIGX, currently valued at 0.91, compared to the broader market-1.000.001.002.003.004.000.910.02
The chart of Sortino ratio for AMIGX, currently valued at 1.30, compared to the broader market-2.000.002.004.006.008.0010.001.300.16
The chart of Omega ratio for AMIGX, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.003.501.171.02
The chart of Calmar ratio for AMIGX, currently valued at 1.33, compared to the broader market0.002.004.006.008.0010.0012.0014.001.330.01
The chart of Martin ratio for AMIGX, currently valued at 4.59, compared to the broader market0.0020.0040.0060.004.590.09
AMIGX
ADJEX

The current AMIGX Sharpe Ratio is 0.91, which is higher than the ADJEX Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of AMIGX and ADJEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.91
0.02
AMIGX
ADJEX

Dividends

AMIGX vs. ADJEX - Dividend Comparison

Neither AMIGX nor ADJEX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
AMIGX
Amana Growth Fund
0.00%0.33%0.43%0.28%0.44%0.59%0.62%0.73%0.90%0.71%0.53%0.76%
ADJEX
Azzad Ethical Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.10%0.00%9.18%11.64%

Drawdowns

AMIGX vs. ADJEX - Drawdown Comparison

The maximum AMIGX drawdown since its inception was -27.95%, 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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.98%
-27.22%
AMIGX
ADJEX

Volatility

AMIGX vs. ADJEX - Volatility Comparison

The current volatility for Amana Growth Fund (AMIGX) is 5.88%, while Azzad Ethical Fund (ADJEX) has a volatility of 8.47%. This indicates that AMIGX experiences smaller price fluctuations and is considered to be less risky than ADJEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.88%
8.47%
AMIGX
ADJEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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