IMANX vs. SPUS
Compare and contrast key facts about Iman Fund (IMANX) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS).
IMANX is managed by Allied Asset. It was launched on Jun 30, 2000. SPUS is a passively managed fund by Toroso Investments that tracks the performance of the S&P 500 Shariah Industry Exclusions Index. It was launched on Dec 18, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IMANX or SPUS.
Key characteristics
| IMANX | SPUS | |
|---|---|---|
| YTD Return | 22.70% | 25.93% |
| 1Y Return | 29.08% | 32.38% |
| 3Y Return (Ann) | -3.21% | 10.62% |
| Sharpe Ratio | 1.92 | 2.14 |
| Sortino Ratio | 2.64 | 2.85 |
| Omega Ratio | 1.35 | 1.40 |
| Calmar Ratio | 0.95 | 2.84 |
| Martin Ratio | 10.71 | 11.40 |
| Ulcer Index | 2.71% | 2.85% |
| Daily Std Dev | 15.06% | 15.16% |
| Max Drawdown | -56.36% | -30.80% |
| Current Drawdown | -10.10% | -1.18% |
Correlation
The correlation between IMANX and SPUS is 0.90, 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.
Performance
IMANX vs. SPUS - Performance Comparison
In the year-to-date period, IMANX achieves a 22.70% return, which is significantly lower than SPUS's 25.93% 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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IMANX vs. SPUS - Expense Ratio Comparison
IMANX has a 1.28% expense ratio, which is higher than SPUS's 0.49% expense ratio.
Risk-Adjusted Performance
IMANX vs. SPUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iman Fund (IMANX) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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
IMANX vs. SPUS - Dividend Comparison
IMANX has not paid dividends to shareholders, while SPUS's dividend yield for the trailing twelve months is around 0.70%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
IMANX Iman Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | 0.03% |
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.70% | 0.87% | 1.21% | 0.93% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IMANX vs. SPUS - Drawdown Comparison
The maximum IMANX drawdown since its inception was -56.36%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for IMANX and SPUS. For additional features, visit the drawdowns tool.
Volatility
IMANX vs. SPUS - Volatility Comparison
The current volatility for Iman Fund (IMANX) is 3.77%, while SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a volatility of 4.66%. This indicates that IMANX experiences smaller price fluctuations and is considered to be less risky than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.