PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SPSK vs. AMAGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SPSKAMAGX
YTD Return-0.90%8.36%
1Y Return1.14%26.96%
3Y Return (Ann)-1.78%9.85%
Sharpe Ratio0.201.97
Daily Std Dev6.59%13.34%
Max Drawdown-12.83%-57.64%
Current Drawdown-6.29%-2.95%

Correlation

-0.50.00.51.00.2

The correlation between SPSK and AMAGX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

SPSK vs. AMAGX - Performance Comparison

In the year-to-date period, SPSK achieves a -0.90% return, which is significantly lower than AMAGX's 8.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%December2024FebruaryMarchAprilMay
-2.83%
91.95%
SPSK
AMAGX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SP Funds Dow Jones Global Sukuk ETF

Amana Mutual Funds Trust Growth Fund

SPSK vs. AMAGX - Expense Ratio Comparison

SPSK has a 0.65% expense ratio, which is lower than AMAGX's 0.91% expense ratio.


AMAGX
Amana Mutual Funds Trust Growth Fund
Expense ratio chart for AMAGX: current value at 0.91% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.91%
Expense ratio chart for SPSK: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

SPSK vs. AMAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds Dow Jones Global Sukuk ETF (SPSK) 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.


SPSK
Sharpe ratio
The chart of Sharpe ratio for SPSK, currently valued at 0.20, compared to the broader market0.002.004.000.20
Sortino ratio
The chart of Sortino ratio for SPSK, currently valued at 0.35, compared to the broader market-2.000.002.004.006.008.0010.000.35
Omega ratio
The chart of Omega ratio for SPSK, currently valued at 1.04, compared to the broader market0.501.001.502.002.501.04
Calmar ratio
The chart of Calmar ratio for SPSK, currently valued at 0.12, compared to the broader market0.002.004.006.008.0010.0012.0014.000.12
Martin ratio
The chart of Martin ratio for SPSK, currently valued at 0.78, compared to the broader market0.0020.0040.0060.0080.000.78
AMAGX
Sharpe ratio
The chart of Sharpe ratio for AMAGX, currently valued at 1.97, compared to the broader market0.002.004.001.97
Sortino ratio
The chart of Sortino ratio for AMAGX, currently valued at 2.79, compared to the broader market-2.000.002.004.006.008.0010.002.79
Omega ratio
The chart of Omega ratio for AMAGX, currently valued at 1.34, compared to the broader market0.501.001.502.002.501.34
Calmar ratio
The chart of Calmar ratio for AMAGX, currently valued at 1.84, compared to the broader market0.002.004.006.008.0010.0012.0014.001.84
Martin ratio
The chart of Martin ratio for AMAGX, currently valued at 9.98, compared to the broader market0.0020.0040.0060.0080.009.98

SPSK vs. AMAGX - Sharpe Ratio Comparison

The current SPSK Sharpe Ratio is 0.20, which is lower than the AMAGX Sharpe Ratio of 1.97. The chart below compares the 12-month rolling Sharpe Ratio of SPSK and AMAGX.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50December2024FebruaryMarchAprilMay
0.20
1.97
SPSK
AMAGX

Dividends

SPSK vs. AMAGX - Dividend Comparison

SPSK's dividend yield for the trailing twelve months is around 3.00%, more than AMAGX's 0.60% yield.


TTM20232022202120202019201820172016201520142013
SPSK
SP Funds Dow Jones Global Sukuk ETF
3.00%2.95%2.22%2.56%1.68%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AMAGX
Amana Mutual Funds Trust Growth Fund
0.60%0.65%3.64%0.52%5.44%3.15%3.47%10.90%13.67%7.45%6.50%3.22%

Drawdowns

SPSK vs. AMAGX - Drawdown Comparison

The maximum SPSK drawdown since its inception was -12.83%, smaller than the maximum AMAGX drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for SPSK and AMAGX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-6.29%
-2.95%
SPSK
AMAGX

Volatility

SPSK vs. AMAGX - Volatility Comparison

The current volatility for SP Funds Dow Jones Global Sukuk ETF (SPSK) is 2.16%, while Amana Mutual Funds Trust Growth Fund (AMAGX) has a volatility of 4.63%. This indicates that SPSK experiences smaller price fluctuations and is considered to be less risky than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%December2024FebruaryMarchAprilMay
2.16%
4.63%
SPSK
AMAGX