AMIGX vs. PROVX

Last updated Aug 1, 2026

AMIGX (Amana Growth Fund) and PROVX (Provident Trust Strategy Fund) are both Large Cap Growth Equities funds. Over the past 10 years, AMIGX returned 16.89%/yr vs 13.08%/yr for PROVX. Their correlation of 0.81 means they have usually moved in the same direction. AMIGX charges 0.67%/yr vs 0.93%/yr for PROVX.

Performance

AMIGX vs. PROVX - Performance Comparison

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

Returns By Period

In the year-to-date period, AMIGX achieves a 11.66% return, which is significantly higher than PROVX's 4.50% return. Over the past 10 years, AMIGX has outperformed PROVX with an annualized return of 16.89%, while PROVX has yielded a comparatively lower 13.08% annualized return.

AMIGX

• 1D: 2.15%
• 1M: -1.50%
• 6M: 8.98%
• YTD: 11.66%
• 1Y: 25.53%
• 3Y*: 18.02%
• 5Y*: 11.40%
• 10Y*: 16.89%
• ALL TIME*: 15.28%

PROVX

• 1D: -0.80%
• 1M: -1.00%
• 6M: 0.92%
• YTD: 4.50%
• 1Y: 19.85%
• 3Y*: 14.26%
• 5Y*: 6.74%
• 10Y*: 13.08%
• ALL TIME*: 8.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMIGX Amana Growth Fund	$0.00	$0.00	$0.00
PROVX Provident Trust Strategy Fund	$0.00	$0.00	$0.00

AMIGX vs. PROVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMIGX Amana Growth Fund	11.66%	17.89%	16.01%	26.00%	-19.30%	31.80%	32.97%	33.43%	2.70%	29.22%
PROVX Provident Trust Strategy Fund	4.50%	13.10%	19.73%	17.59%	-22.62%	31.96%	19.47%	25.71%	-1.31%	29.40%

Correlation

The correlation between AMIGX and PROVX is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.63
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.81

Over the past year, the correlation between AMIGX and PROVX has dropped to 0.49 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

AMIGX vs. PROVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AMIGX

AMIGX Risk / Return Rank: 55
AMIGX Sharpe Ratio Rank: 50
AMIGX Sortino Ratio Rank: 50
AMIGX Omega Ratio Rank: 46
AMIGX Calmar Ratio Rank: 64
AMIGX Martin Ratio Rank: 64

PROVX

PROVX Risk / Return Rank: 45
PROVX Sharpe Ratio Rank: 50
PROVX Sortino Ratio Rank: 59
PROVX Omega Ratio Rank: 49
PROVX Calmar Ratio Rank: 32
PROVX Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AMIGX vs. PROVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amana Growth Fund (AMIGX) and Provident Trust Strategy Fund (PROVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMIGX	PROVX	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.34	-0.04
Sortino ratio: Return per unit of downside risk	1.88	2.11	-0.24
Omega ratio: Gain probability vs. loss probability	1.23	1.24	-0.01
Calmar ratio: Return relative to maximum drawdown	2.07	1.40	+0.67
Martin ratio: Return relative to average drawdown	7.89	4.88	+3.01

AMIGX vs. PROVX - Sharpe Ratio Comparison

The current AMIGX Sharpe Ratio is 1.30, which is comparable to the PROVX Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of AMIGX and PROVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMIGX vs. PROVX - Drawdown Comparison

The maximum AMIGX drawdown since its inception was -27.95%, smaller than the maximum PROVX drawdown of -57.65%. Use the drawdown chart below to compare losses from any high point for AMIGX and PROVX.

Drawdown Indicators

	AMIGX	PROVX	Difference
Max Drawdown Largest peak-to-trough decline	-27.95%	-57.65%	+29.70%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-12.54%	+1.51%
Max Drawdown (3Y) Largest decline over 3 years	-21.40%	-15.92%	-5.48%
Max Drawdown (5Y) Largest decline over 5 years	-27.95%	-27.48%	-0.47%
Max Drawdown (10Y) Largest decline over 10 years	-27.95%	-27.48%	-0.47%
Current Drawdown Current decline from peak	-4.98%	-1.60%	-3.38%
Average Drawdown Average peak-to-trough decline	-4.51%	-13.14%	+8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	3.59%	-0.69%

Volatility

AMIGX vs. PROVX - Volatility Comparison

Amana Growth Fund (AMIGX) and Provident Trust Strategy Fund (PROVX) have volatilities of 4.59% and 4.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMIGX	PROVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	4.58%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	14.13%	10.44%	+3.69%
Volatility (1Y) Calculated over the trailing 1-year period	17.54%	13.10%	+4.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.65%	15.77%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.50%	16.18%	+2.32%

AMIGX vs. PROVX - Expense Ratio Comparison

AMIGX has a 0.67% expense ratio, which is lower than PROVX's 0.93% expense ratio.

Dividends

AMIGX vs. PROVX - Dividend Comparison

AMIGX's dividend yield for the trailing twelve months is around 0.17%, less than PROVX's 16.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMIGX Amana Growth Fund	0.17%	0.19%	4.02%	0.82%	3.88%	0.74%	5.42%	3.37%	3.61%	11.11%	13.79%	7.61%
PROVX Provident Trust Strategy Fund	16.07%	16.80%	6.94%	4.61%	19.17%	0.35%	9.04%	4.40%	5.80%	1.54%	1.92%	7.73%

Frequently Asked Questions

Can I hold both AMIGX and PROVX in my portfolio?

AMIGX and PROVX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMIGX or PROVX?

AMIGX has higher volatility (4.59%) compared to PROVX (4.58%). In terms of maximum drawdown, AMIGX dropped -27.95% vs PROVX's -57.65%.

Which has better risk-adjusted returns?

PROVX currently has the higher Sharpe Ratio (1.34 vs 1.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.