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NOIEX vs. AMAGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NOIEX and AMAGX is 0.88, 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

NOIEX vs. AMAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Income Equity Fund (NOIEX) and Amana Mutual Funds Trust Growth Fund (AMAGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NOIEX:

0.67

AMAGX:

0.07

Sortino Ratio

NOIEX:

0.96

AMAGX:

0.21

Omega Ratio

NOIEX:

1.15

AMAGX:

1.03

Calmar Ratio

NOIEX:

0.62

AMAGX:

0.04

Martin Ratio

NOIEX:

2.46

AMAGX:

0.13

Ulcer Index

NOIEX:

4.57%

AMAGX:

6.35%

Daily Std Dev

NOIEX:

18.72%

AMAGX:

21.43%

Max Drawdown

NOIEX:

-45.66%

AMAGX:

-57.64%

Current Drawdown

NOIEX:

-5.03%

AMAGX:

-6.48%

Returns By Period

In the year-to-date period, NOIEX achieves a -0.29% return, which is significantly higher than AMAGX's -2.70% return. Over the past 10 years, NOIEX has underperformed AMAGX with an annualized return of 11.11%, while AMAGX has yielded a comparatively higher 13.80% annualized return.


NOIEX

YTD

-0.29%

1M

5.98%

6M

-1.40%

1Y

11.79%

3Y*

13.53%

5Y*

15.96%

10Y*

11.11%

AMAGX

YTD

-2.70%

1M

7.29%

6M

-3.26%

1Y

1.16%

3Y*

13.13%

5Y*

15.00%

10Y*

13.80%

*Annualized

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Northern Income Equity Fund

NOIEX vs. AMAGX - Expense Ratio Comparison

NOIEX has a 0.49% expense ratio, which is lower than AMAGX's 0.91% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

NOIEX vs. AMAGX — Risk-Adjusted Performance Rank

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

NOIEX
The Risk-Adjusted Performance Rank of NOIEX is 6565
Overall Rank
The Sharpe Ratio Rank of NOIEX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of NOIEX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of NOIEX is 7171
Omega Ratio Rank
The Calmar Ratio Rank of NOIEX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of NOIEX is 6666
Martin Ratio Rank

AMAGX
The Risk-Adjusted Performance Rank of AMAGX is 2222
Overall Rank
The Sharpe Ratio Rank of AMAGX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of AMAGX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of AMAGX is 2323
Omega Ratio Rank
The Calmar Ratio Rank of AMAGX is 2222
Calmar Ratio Rank
The Martin Ratio Rank of AMAGX is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NOIEX vs. AMAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Income Equity Fund (NOIEX) 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.


The current NOIEX Sharpe Ratio is 0.67, which is higher than the AMAGX Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of NOIEX and AMAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

NOIEX vs. AMAGX - Dividend Comparison

NOIEX's dividend yield for the trailing twelve months is around 6.08%, more than AMAGX's 4.06% yield.


TTM20242023202220212020201920182017201620152014
NOIEX
Northern Income Equity Fund
6.08%6.11%7.01%5.41%14.43%7.67%8.58%15.73%7.56%3.01%5.57%35.65%
AMAGX
Amana Mutual Funds Trust Growth Fund
4.06%3.95%0.65%3.64%0.52%5.44%3.15%3.47%10.90%13.67%7.45%6.50%

Drawdowns

NOIEX vs. AMAGX - Drawdown Comparison

The maximum NOIEX drawdown since its inception was -45.66%, smaller than the maximum AMAGX drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for NOIEX and AMAGX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NOIEX vs. AMAGX - Volatility Comparison

Northern Income Equity Fund (NOIEX) and Amana Mutual Funds Trust Growth Fund (AMAGX) have volatilities of 4.53% and 4.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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