AMIGX vs. AMAPX
Compare and contrast key facts about Amana Growth Fund (AMIGX) and Amana Participation Fund (AMAPX).
AMIGX is managed by Amana. It was launched on Sep 25, 2013. AMAPX is managed by Amana. It was launched on Sep 27, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMIGX or AMAPX.
Key characteristics
| AMIGX | AMAPX | |
|---|---|---|
| YTD Return | 17.32% | 3.63% |
| 1Y Return | 25.37% | 6.91% |
| 3Y Return (Ann) | 7.10% | 0.31% |
| 5Y Return (Ann) | 16.82% | 1.35% |
| Sharpe Ratio | 1.67 | 3.03 |
| Sortino Ratio | 2.32 | 4.94 |
| Omega Ratio | 1.30 | 1.81 |
| Calmar Ratio | 2.29 | 1.14 |
| Martin Ratio | 8.27 | 14.48 |
| Ulcer Index | 3.02% | 0.48% |
| Daily Std Dev | 14.99% | 2.28% |
| Max Drawdown | -27.95% | -7.47% |
| Current Drawdown | -2.39% | -1.10% |
Correlation
The correlation between AMIGX and AMAPX is 0.07, 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
AMIGX vs. AMAPX - Performance Comparison
In the year-to-date period, AMIGX achieves a 17.32% return, which is significantly higher than AMAPX's 3.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AMIGX vs. AMAPX - Expense Ratio Comparison
AMIGX has a 0.67% expense ratio, which is lower than AMAPX's 0.78% expense ratio.
Risk-Adjusted Performance
AMIGX vs. AMAPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amana Growth Fund (AMIGX) and Amana Participation Fund (AMAPX). 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. AMAPX - Dividend Comparison
AMIGX's dividend yield for the trailing twelve months is around 0.28%, less than AMAPX's 3.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMIGX Amana Growth Fund | 0.28% | 0.33% | 0.43% | 0.28% | 0.44% | 0.59% | 0.62% | 0.73% | 0.90% | 0.71% | 0.53% | 0.76% |
AMAPX Amana Participation Fund | 3.09% | 2.62% | 1.61% | 1.55% | 1.95% | 2.45% | 2.62% | 2.12% | 2.04% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMIGX vs. AMAPX - Drawdown Comparison
The maximum AMIGX drawdown since its inception was -27.95%, which is greater than AMAPX's maximum drawdown of -7.47%. Use the drawdown chart below to compare losses from any high point for AMIGX and AMAPX. For additional features, visit the drawdowns tool.
Volatility
AMIGX vs. AMAPX - Volatility Comparison
Amana Growth Fund (AMIGX) has a higher volatility of 3.72% compared to Amana Participation Fund (AMAPX) at 0.56%. This indicates that AMIGX's price experiences larger fluctuations and is considered to be riskier than AMAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.