MVV vs. AMAGX
MVV (ProShares Ultra Midcap 400) and AMAGX (Amana Growth Fund Investor Shares) are both funds - MVV is a Leveraged Equities fund tracking the S&P MidCap 400 Index (200%), while AMAGX is a Large Cap Growth Equities fund actively managed by Amana. MVV is passively managed, while AMAGX is actively managed. Over the past 10 years, MVV returned 13.13%/yr vs 16.64%/yr for AMAGX. Their correlation of 0.84 means they have usually moved in the same direction. MVV charges 0.95%/yr vs 0.86%/yr for AMAGX.
Performance
MVV vs. AMAGX - Performance Comparison
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Returns By Period
In the year-to-date period, MVV achieves a 25.62% return, which is significantly higher than AMAGX's 11.50% return. Over the past 10 years, MVV has underperformed AMAGX with an annualized return of 13.13%, while AMAGX has yielded a comparatively higher 16.64% annualized return.
MVV
- 1D
- -0.11%
- 1M
- -2.37%
- 6M
- 16.82%
- YTD
- 25.62%
- 1Y
- 39.51%
- 3Y*
- 15.81%
- 5Y*
- 7.02%
- 10Y*
- 13.13%
- ALL TIME*
- 11.55%
AMAGX
- 1D
- 2.14%
- 1M
- -1.51%
- 6M
- 8.84%
- YTD
- 11.50%
- 1Y
- 25.23%
- 3Y*
- 17.74%
- 5Y*
- 11.13%
- 10Y*
- 16.64%
- ALL TIME*
- 12.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $506.22K | $646.64K | $852.58K |
MVV vs. AMAGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MVV ProShares Ultra Midcap 400 | 25.62% | 3.48% | 17.75% | 22.51% | -31.96% | 48.57% | 6.20% | 49.50% | -25.44% | 30.81% |
AMAGX Amana Growth Fund Investor Shares | 11.50% | 17.62% | 15.73% | 25.67% | -19.49% | 31.51% | 32.93% | 33.09% | 2.47% | 28.91% |
Correlation
The correlation between MVV and AMAGX is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.68 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2006 | 0.84 |
The correlation between MVV and AMAGX shifts across timeframes, from 0.68 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MVV vs. AMAGX — Risk / Return Rank
MVV
AMAGX
MVV vs. AMAGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Midcap 400 (MVV) and Amana Growth Fund Investor Shares (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.
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.
| MVV | AMAGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 2.04 | -0.04 |
| Martin ratioReturn relative to average drawdown | 6.81 | 7.75 | -0.95 |
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Drawdowns
MVV vs. AMAGX - Drawdown Comparison
The maximum MVV drawdown since its inception was -85.54%, which is greater than AMAGX's maximum drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for MVV and AMAGX.
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Drawdown Indicators
| MVV | AMAGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.54% | -57.64% | -27.90% |
Max Drawdown (1Y)Largest decline over 1 year | -17.68% | -11.04% | -6.64% |
Max Drawdown (3Y)Largest decline over 3 years | -44.80% | -21.45% | -23.35% |
Max Drawdown (5Y)Largest decline over 5 years | -45.53% | -28.09% | -17.44% |
Max Drawdown (10Y)Largest decline over 10 years | -69.19% | -28.09% | -41.10% |
Current DrawdownCurrent decline from peak | -5.15% | -5.03% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -20.41% | -10.24% | -10.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.19% | 2.91% | +2.28% |
Volatility
MVV vs. AMAGX - Volatility Comparison
ProShares Ultra Midcap 400 (MVV) has a higher volatility of 7.07% compared to Amana Growth Fund Investor Shares (AMAGX) at 4.60%. This indicates that MVV'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.
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Volatility by Period
| MVV | AMAGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.07% | 4.60% | +2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 23.32% | 14.13% | +9.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.66% | 17.54% | +14.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.48% | 18.65% | +20.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.27% | 18.50% | +23.77% |
MVV vs. AMAGX - Expense Ratio Comparison
MVV has a 0.95% expense ratio, which is higher than AMAGX's 0.86% expense ratio.
Dividends
MVV vs. AMAGX - Dividend Comparison
MVV's dividend yield for the trailing twelve months is around 0.69%, while AMAGX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAGX Amana Growth Fund Investor Shares | 0.00% | 0.00% | 3.95% | 0.65% | 3.64% | 0.52% | 5.44% | 3.15% | 3.47% | 10.90% | 13.67% | 7.45% |
MVV ProShares Ultra Midcap 400 | 0.69% | 0.77% | 0.39% | 0.77% | 0.93% | 0.16% | 0.29% | 0.62% | 0.62% | 0.21% | 0.43% | 0.17% |
Frequently Asked Questions
MVV and AMAGX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVV has higher volatility (7.07%) compared to AMAGX (4.60%). In terms of maximum drawdown, MVV dropped -85.54% vs AMAGX's -57.64%.
AMAGX currently has the higher Sharpe Ratio (1.29 vs 1.12), 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.
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