MIDU vs. AMAGX
Compare and contrast key facts about Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Amana Mutual Funds Trust Growth Fund (AMAGX).
MIDU is a passively managed fund by Direxion that tracks the performance of the S&P MidCap 400 Index (300%). It was launched on Jan 8, 2009. AMAGX is managed by Amana. It was launched on Feb 3, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIDU or AMAGX.
Performance
MIDU vs. AMAGX - Performance Comparison
Returns By Period
In the year-to-date period, MIDU achieves a 42.58% return, which is significantly higher than AMAGX's 16.31% return. Over the past 10 years, MIDU has outperformed AMAGX with an annualized return of 10.76%, while AMAGX has yielded a comparatively lower 8.96% annualized return.
MIDU
42.58%
12.95%
26.55%
82.71%
7.89%
10.76%
AMAGX
16.31%
-1.07%
4.74%
21.62%
13.80%
8.96%
Key characteristics
| MIDU | AMAGX | |
|---|---|---|
| Sharpe Ratio | 1.79 | 1.47 |
| Sortino Ratio | 2.34 | 2.06 |
| Omega Ratio | 1.28 | 1.27 |
| Calmar Ratio | 1.58 | 2.04 |
| Martin Ratio | 9.02 | 7.20 |
| Ulcer Index | 9.47% | 3.09% |
| Daily Std Dev | 47.78% | 15.09% |
| Max Drawdown | -86.26% | -57.64% |
| Current Drawdown | -15.18% | -3.11% |
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MIDU vs. AMAGX - Expense Ratio Comparison
MIDU has a 1.06% expense ratio, which is higher than AMAGX's 0.91% expense ratio.
Correlation
The correlation between MIDU and AMAGX is 0.84, 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.
Risk-Adjusted Performance
MIDU vs. AMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Amana Mutual Funds Trust Growth Fund (AMAGX). 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
MIDU vs. AMAGX - Dividend Comparison
MIDU's dividend yield for the trailing twelve months is around 1.16%, more than AMAGX's 0.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIDU Direxion Daily Mid Cap Bull 3X Shares | 1.16% | 1.43% | 0.11% | 0.00% | 0.05% | 0.71% | 0.70% | 2.67% | 1.89% | 0.00% | 0.00% | 3.91% |
AMAGX Amana Mutual Funds Trust Growth Fund | 0.13% | 0.16% | 0.17% | 0.07% | 0.22% | 0.36% | 0.47% | 0.49% | 0.75% | 0.54% | 0.37% | 0.60% |
Drawdowns
MIDU vs. AMAGX - Drawdown Comparison
The maximum MIDU drawdown since its inception was -86.26%, which is greater than AMAGX's maximum drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for MIDU and AMAGX. For additional features, visit the drawdowns tool.
Volatility
MIDU vs. AMAGX - Volatility Comparison
Direxion Daily Mid Cap Bull 3X Shares (MIDU) has a higher volatility of 15.99% compared to Amana Mutual Funds Trust Growth Fund (AMAGX) at 4.16%. This indicates that MIDU's price experiences larger fluctuations and is considered to be riskier than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.