Correlation
The correlation between TMDV and AMAGX is 0.72, 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.
TMDV vs. AMAGX
Compare and contrast key facts about ProShares Russell U.S. Dividend Growers ETF (TMDV) and Amana Mutual Funds Trust Growth Fund (AMAGX).
TMDV is a passively managed fund by ProShares that tracks the performance of the Russell 3000 Dividend Elite Index. It was launched on Nov 5, 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: TMDV or AMAGX.
Performance
TMDV vs. AMAGX - Performance Comparison
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Key characteristics
TMDV:
0.40
AMAGX:
0.27
TMDV:
0.64
AMAGX:
0.37
TMDV:
1.08
AMAGX:
1.05
TMDV:
0.36
AMAGX:
0.15
TMDV:
1.03
AMAGX:
0.52
TMDV:
5.58%
AMAGX:
6.38%
TMDV:
15.41%
AMAGX:
21.52%
TMDV:
-33.42%
AMAGX:
-57.64%
TMDV:
-7.08%
AMAGX:
-4.52%
Returns By Period
In the year-to-date period, TMDV achieves a 1.40% return, which is significantly higher than AMAGX's -0.67% return.
TMDV
1.40%
2.47%
-7.08%
4.10%
2.58%
8.08%
N/A
AMAGX
-0.67%
7.02%
-2.16%
5.15%
12.25%
14.86%
14.06%
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TMDV vs. AMAGX - Expense Ratio Comparison
TMDV has a 0.35% expense ratio, which is lower than AMAGX's 0.91% expense ratio.
Risk-Adjusted Performance
TMDV vs. AMAGX — Risk-Adjusted Performance Rank
TMDV
AMAGX
TMDV vs. AMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Russell U.S. Dividend Growers ETF (TMDV) 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.
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Dividends
TMDV vs. AMAGX - Dividend Comparison
TMDV's dividend yield for the trailing twelve months is around 2.80%, less than AMAGX's 3.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMDV ProShares Russell U.S. Dividend Growers ETF | 2.80% | 2.70% | 2.45% | 2.46% | 2.14% | 2.28% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMAGX Amana Mutual Funds Trust Growth Fund | 3.98% | 3.95% | 0.65% | 3.64% | 0.52% | 5.44% | 3.15% | 3.47% | 10.90% | 13.67% | 7.45% | 6.51% |
Drawdowns
TMDV vs. AMAGX - Drawdown Comparison
The maximum TMDV drawdown since its inception was -33.42%, smaller than the maximum AMAGX drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for TMDV and AMAGX.
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Volatility
TMDV vs. AMAGX - Volatility Comparison
The current volatility for ProShares Russell U.S. Dividend Growers ETF (TMDV) is 4.26%, while Amana Mutual Funds Trust Growth Fund (AMAGX) has a volatility of 5.07%. This indicates that TMDV 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.
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