EBNAX vs. AMAPX

Last updated Apr 1, 2026

Compare and contrast key facts about American Funds Emerging Markets Bond Fund (EBNAX) and Amana Participation Fund (AMAPX).

EBNAX is managed by American Funds. It was launched on Apr 21, 2016. AMAPX is managed by Amana. It was launched on Sep 27, 2015.

Performance

EBNAX vs. AMAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Emerging Markets Bond Fund (EBNAX) and Amana Participation Fund (AMAPX). The values are adjusted to include any dividend payments, if applicable.

EBNAX vs. AMAPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBNAX American Funds Emerging Markets Bond Fund	-2.39%	15.91%	0.33%	12.11%	-14.03%	-3.96%	7.65%	13.16%	-4.67%	13.57%
AMAPX Amana Participation Fund	-1.66%	5.98%	3.77%	2.09%	-5.27%	0.49%	5.35%	6.61%	0.08%	2.56%

Returns By Period

In the year-to-date period, EBNAX achieves a -2.39% return, which is significantly lower than AMAPX's -1.66% return.

EBNAX

• 1D: -0.25%
• 1M: -4.93%
• YTD: -2.39%
• 6M: -0.08%
• 1Y: 9.28%
• 3Y*: 7.39%
• 5Y*: 2.11%
• 10Y*: —

AMAPX

• 1D: 0.00%
• 1M: -2.51%
• YTD: -1.66%
• 6M: -0.66%
• 1Y: 2.49%
• 3Y*: 3.09%
• 5Y*: 1.12%
• 10Y*: 2.09%

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

EBNAX vs. AMAPX - Expense Ratio Comparison

EBNAX has a 0.98% expense ratio, which is higher than AMAPX's 0.78% expense ratio.

EBNAX

American Funds Emerging Markets Bond Fund

AMAPX

Amana Participation Fund

Return for Risk

EBNAX vs. AMAPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EBNAX

EBNAX Risk / Return Rank: 90
EBNAX Sharpe Ratio Rank: 94
EBNAX Sortino Ratio Rank: 94
EBNAX Omega Ratio Rank: 92
EBNAX Calmar Ratio Rank: 83
EBNAX Martin Ratio Rank: 87

AMAPX

AMAPX Risk / Return Rank: 70
AMAPX Sharpe Ratio Rank: 77
AMAPX Sortino Ratio Rank: 82
AMAPX Omega Ratio Rank: 89
AMAPX Calmar Ratio Rank: 48
AMAPX Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EBNAX vs. AMAPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Emerging Markets Bond Fund (EBNAX) 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.

	EBNAX	AMAPX	Difference
Sharpe ratio Return per unit of total volatility	2.12	1.36	+0.76
Sortino ratio Return per unit of downside risk	2.92	2.07	+0.86
Omega ratio Gain probability vs. loss probability	1.43	1.39	+0.04
Calmar ratio Return relative to maximum drawdown	2.05	1.17	+0.88
Martin ratio Return relative to average drawdown	9.34	5.20	+4.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EBNAX vs. AMAPX - Sharpe Ratio Comparison

The current EBNAX Sharpe Ratio is 2.12, which is higher than the AMAPX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of EBNAX and AMAPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EBNAX	AMAPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	1.36	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.55	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.06	-0.59

Correlation

The correlation between EBNAX and AMAPX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EBNAX vs. AMAPX - Dividend Comparison

EBNAX's dividend yield for the trailing twelve months is around 5.61%, more than AMAPX's 3.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EBNAX American Funds Emerging Markets Bond Fund	5.61%	6.12%	7.26%	5.45%	5.39%	4.85%	4.89%	6.09%	5.90%	6.59%	1.85%
AMAPX Amana Participation Fund	3.41%	3.52%	3.15%	2.25%	1.30%	1.55%	1.95%	2.45%	2.62%	2.14%	2.14%

Drawdowns

EBNAX vs. AMAPX - Drawdown Comparison

The maximum EBNAX drawdown since its inception was -26.27%, which is greater than AMAPX's maximum drawdown of -7.75%. Use the drawdown chart below to compare losses from any high point for EBNAX and AMAPX.

Drawdown Indicators

	EBNAX	AMAPX	Difference
Max Drawdown Largest peak-to-trough decline	-26.27%	-7.75%	-18.52%
Max Drawdown (1Y) Largest decline over 1 year	-4.93%	-2.51%	-2.42%
Max Drawdown (5Y) Largest decline over 5 years	-25.72%	-7.75%	-17.97%
Max Drawdown (10Y) Largest decline over 10 years	—	-7.75%	—
Current Drawdown Current decline from peak	-4.93%	-2.51%	-2.42%
Average Drawdown Average peak-to-trough decline	-5.96%	-1.57%	-4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	0.56%	+0.52%

Volatility

EBNAX vs. AMAPX - Volatility Comparison

American Funds Emerging Markets Bond Fund (EBNAX) has a higher volatility of 2.23% compared to Amana Participation Fund (AMAPX) at 0.70%. This indicates that EBNAX'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.

Volatility by Period

	EBNAX	AMAPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.23%	0.70%	+1.53%
Volatility (6M) Calculated over the trailing 6-month period	3.27%	1.16%	+2.11%
Volatility (1Y) Calculated over the trailing 1-year period	4.78%	2.08%	+2.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.67%	2.06%	+4.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.93%	1.95%	+4.98%