SPSK vs. AMAGX
Compare and contrast key facts about SP Funds Dow Jones Global Sukuk ETF (SPSK) and Amana Mutual Funds Trust Growth Fund (AMAGX).
SPSK is a passively managed fund by Toroso Investments that tracks the performance of the Dow Jones Sukuk Total Return (No Coupon Reinvestment). It was launched on Dec 30, 2019. 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: SPSK or AMAGX.
Performance
SPSK vs. AMAGX - Performance Comparison
Returns By Period
In the year-to-date period, SPSK achieves a 2.26% return, which is significantly lower than AMAGX's 15.61% return.
SPSK
2.26%
-1.09%
2.55%
5.94%
N/A
N/A
AMAGX
15.61%
-2.05%
3.64%
21.51%
13.68%
8.92%
Key characteristics
| SPSK | AMAGX | |
|---|---|---|
| Sharpe Ratio | 0.80 | 1.41 |
| Sortino Ratio | 1.22 | 1.98 |
| Omega Ratio | 1.14 | 1.26 |
| Calmar Ratio | 0.64 | 1.95 |
| Martin Ratio | 6.10 | 6.90 |
| Ulcer Index | 0.91% | 3.08% |
| Daily Std Dev | 6.99% | 15.08% |
| Max Drawdown | -12.83% | -57.64% |
| Current Drawdown | -3.30% | -3.70% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPSK vs. AMAGX - Expense Ratio Comparison
SPSK has a 0.65% expense ratio, which is lower than AMAGX's 0.91% expense ratio.
Correlation
The correlation between SPSK and AMAGX is 0.21, 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.
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.
Dividends
SPSK vs. AMAGX - Dividend Comparison
SPSK's dividend yield for the trailing twelve months is around 2.94%, more than AMAGX's 0.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPSK SP Funds Dow Jones Global Sukuk ETF | 2.94% | 2.95% | 2.22% | 2.56% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
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.
Volatility
SPSK vs. AMAGX - Volatility Comparison
The current volatility for SP Funds Dow Jones Global Sukuk ETF (SPSK) is 1.91%, while Amana Mutual Funds Trust Growth Fund (AMAGX) has a volatility of 4.20%. 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.