REDWX vs. AMIGX
Compare and contrast key facts about Aspiration Redwood Fund (REDWX) and Amana Growth Fund (AMIGX).
REDWX is managed by Aspiration Funds. It was launched on Nov 16, 2015. AMIGX is managed by Amana. It was launched on Sep 25, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REDWX or AMIGX.
Correlation
The correlation between REDWX and AMIGX is 0.86, 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
REDWX vs. AMIGX - Performance Comparison
Key characteristics
REDWX:
0.16
AMIGX:
0.37
REDWX:
0.31
AMIGX:
0.60
REDWX:
1.05
AMIGX:
1.08
REDWX:
0.22
AMIGX:
0.55
REDWX:
0.54
AMIGX:
1.50
REDWX:
5.20%
AMIGX:
4.02%
REDWX:
17.24%
AMIGX:
16.19%
REDWX:
-41.93%
AMIGX:
-28.01%
REDWX:
-7.48%
AMIGX:
-5.41%
Returns By Period
In the year-to-date period, REDWX achieves a 6.05% return, which is significantly higher than AMIGX's 2.22% return.
REDWX
6.05%
3.17%
-1.43%
4.00%
6.76%
N/A
AMIGX
2.22%
1.44%
-3.37%
7.85%
12.38%
9.27%
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REDWX vs. AMIGX - Expense Ratio Comparison
REDWX has a 2.50% expense ratio, which is higher than AMIGX's 0.67% expense ratio.
Risk-Adjusted Performance
REDWX vs. AMIGX — Risk-Adjusted Performance Rank
REDWX
AMIGX
REDWX vs. AMIGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aspiration Redwood Fund (REDWX) and Amana Growth Fund (AMIGX). 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
REDWX vs. AMIGX - Dividend Comparison
REDWX's dividend yield for the trailing twelve months is around 0.27%, more than AMIGX's 0.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REDWX Aspiration Redwood Fund | 0.27% | 0.28% | 0.44% | 0.89% | 1.24% | 0.00% | 4.61% | 1.10% | 0.51% | 1.94% | 0.00% | 0.00% |
AMIGX Amana Growth Fund | 0.10% | 0.10% | 0.33% | 0.43% | 0.28% | 0.44% | 0.59% | 0.62% | 0.73% | 0.90% | 0.71% | 0.53% |
Drawdowns
REDWX vs. AMIGX - Drawdown Comparison
The maximum REDWX drawdown since its inception was -41.93%, which is greater than AMIGX's maximum drawdown of -28.01%. Use the drawdown chart below to compare losses from any high point for REDWX and AMIGX. For additional features, visit the drawdowns tool.
Volatility
REDWX vs. AMIGX - Volatility Comparison
The current volatility for Aspiration Redwood Fund (REDWX) is 3.77%, while Amana Growth Fund (AMIGX) has a volatility of 4.74%. This indicates that REDWX experiences smaller price fluctuations and is considered to be less risky than AMIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.