IGDA.L vs. AMAL
IGDA.L (Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc) is Global Equities fund tracking the Dow Jones Islamic Market Developed Markets Index, while AMAL (Amalgamated Financial Corp.) is a stock. Over the past 3 years, IGDA.L returned 21.23%/yr vs 42.61%/yr for AMAL. At a 0.21 correlation, their price movements are largely independent.
Performance
IGDA.L vs. AMAL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGDA.L achieves a 15.04% return, which is significantly lower than AMAL's 33.40% return.
IGDA.L
- 1D
- -0.48%
- 1M
- 6.32%
- YTD
- 15.04%
- 6M
- 15.93%
- 1Y
- 34.82%
- 3Y*
- 21.23%
- 5Y*
- —
- 10Y*
- —
AMAL
- 1D
- 4.00%
- 1M
- 2.47%
- YTD
- 33.40%
- 6M
- 38.64%
- 1Y
- 45.26%
- 3Y*
- 42.61%
- 5Y*
- 23.96%
- 10Y*
- —
IGDA.L vs. AMAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IGDA.L Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc | 15.04% | 18.74% | 17.94% | 29.72% | -14.30% |
AMAL Amalgamated Financial Corp. | 33.40% | -2.50% | 26.32% | 19.44% | 43.81% |
Correlation
The correlation between IGDA.L and AMAL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGDA.L vs. AMAL — Risk / Return Rank
IGDA.L
AMAL
IGDA.L vs. AMAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) and Amalgamated Financial Corp. (AMAL). 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.
| IGDA.L | AMAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.26 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 1.86 | +1.71 |
| Martin ratioReturn relative to average drawdown | 15.24 | 4.37 | +10.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IGDA.L | AMAL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 1.47 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.37 | +0.47 |
Drawdowns
IGDA.L vs. AMAL - Drawdown Comparison
The maximum IGDA.L drawdown since its inception was -24.18%, smaller than the maximum AMAL drawdown of -62.93%. Use the drawdown chart below to compare losses from any high point for IGDA.L and AMAL.
Loading charts...
Drawdown Indicators
| IGDA.L | AMAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.18% | -62.93% | +38.75% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -24.41% | +14.70% |
Max Drawdown (3Y)Largest decline over 3 years | -20.12% | -32.85% | +12.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.88% | — |
Current DrawdownCurrent decline from peak | -1.17% | -2.41% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -19.97% | +14.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 10.38% | -8.10% |
Volatility
IGDA.L vs. AMAL - Volatility Comparison
The current volatility for Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) is 4.65%, while Amalgamated Financial Corp. (AMAL) has a volatility of 8.52%. This indicates that IGDA.L experiences smaller price fluctuations and is considered to be less risky than AMAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGDA.L | AMAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 8.52% | -3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 21.25% | -10.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 30.92% | -16.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.64% | 33.86% | -15.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.64% | 40.02% | -21.38% |
Dividends
IGDA.L vs. AMAL - Dividend Comparison
IGDA.L has not paid dividends to shareholders, while AMAL's dividend yield for the trailing twelve months is around 1.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AMAL Amalgamated Financial Corp. | 1.46% | 1.75% | 1.37% | 1.48% | 1.56% | 1.91% | 2.33% | 1.34% | 0.31% |
IGDA.L Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IGDA.L and AMAL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for IGDA.L and AMAL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer