UWM vs. AMAGX
Compare and contrast key facts about ProShares Ultra Russell2000 (UWM) and Amana Mutual Funds Trust Growth Fund (AMAGX).
UWM is a passively managed fund by ProShares that tracks the performance of the Russell 2000 Index (200%). It was launched on Jan 25, 2007. 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: UWM or AMAGX.
Key characteristics
| UWM | AMAGX | |
|---|---|---|
| YTD Return | 30.38% | 18.61% |
| 1Y Return | 86.09% | 30.03% |
| 3Y Return (Ann) | -8.61% | 5.79% |
| 5Y Return (Ann) | 7.20% | 14.18% |
| 10Y Return (Ann) | 8.93% | 9.41% |
| Sharpe Ratio | 1.86 | 1.89 |
| Sortino Ratio | 2.53 | 2.60 |
| Omega Ratio | 1.30 | 1.34 |
| Calmar Ratio | 1.35 | 2.45 |
| Martin Ratio | 9.78 | 9.46 |
| Ulcer Index | 8.18% | 3.03% |
| Daily Std Dev | 43.03% | 15.17% |
| Max Drawdown | -88.21% | -57.64% |
| Current Drawdown | -24.58% | -1.20% |
Correlation
The correlation between UWM and AMAGX is 0.80, 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
UWM vs. AMAGX - Performance Comparison
In the year-to-date period, UWM achieves a 30.38% return, which is significantly higher than AMAGX's 18.61% return. Over the past 10 years, UWM has underperformed AMAGX with an annualized return of 8.93%, while AMAGX has yielded a comparatively higher 9.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UWM vs. AMAGX - Expense Ratio Comparison
UWM has a 0.95% expense ratio, which is higher than AMAGX's 0.91% expense ratio.
Risk-Adjusted Performance
UWM vs. AMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Russell2000 (UWM) 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
UWM vs. AMAGX - Dividend Comparison
UWM's dividend yield for the trailing twelve months is around 0.85%, more than AMAGX's 0.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UWM ProShares Ultra Russell2000 | 0.85% | 0.34% | 0.40% | 0.00% | 0.07% | 0.55% | 0.41% | 0.11% | 0.38% | 0.24% | 0.11% | 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
UWM vs. AMAGX - Drawdown Comparison
The maximum UWM drawdown since its inception was -88.21%, which is greater than AMAGX's maximum drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for UWM and AMAGX. For additional features, visit the drawdowns tool.
Volatility
UWM vs. AMAGX - Volatility Comparison
ProShares Ultra Russell2000 (UWM) has a higher volatility of 14.09% compared to Amana Mutual Funds Trust Growth Fund (AMAGX) at 4.25%. This indicates that UWM's price experiences larger fluctuations and is considered to be riskier than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.