PortfoliosLab logo
WISEX vs. ADJEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WISEX and ADJEX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

WISEX vs. ADJEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Azzad Wise Capital Fund (WISEX) and Azzad Ethical Fund (ADJEX). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%160.00%December2025FebruaryMarchAprilMay
35.72%
108.93%
WISEX
ADJEX

Key characteristics

Sharpe Ratio

WISEX:

3.43

ADJEX:

-0.56

Sortino Ratio

WISEX:

5.44

ADJEX:

-0.68

Omega Ratio

WISEX:

1.94

ADJEX:

0.91

Calmar Ratio

WISEX:

5.86

ADJEX:

-0.32

Martin Ratio

WISEX:

18.51

ADJEX:

-1.23

Ulcer Index

WISEX:

0.25%

ADJEX:

10.94%

Daily Std Dev

WISEX:

1.34%

ADJEX:

23.79%

Max Drawdown

WISEX:

-5.49%

ADJEX:

-57.92%

Current Drawdown

WISEX:

-0.09%

ADJEX:

-32.43%

Returns By Period

In the year-to-date period, WISEX achieves a 1.69% return, which is significantly higher than ADJEX's -5.42% return. Over the past 10 years, WISEX has outperformed ADJEX with an annualized return of 2.02%, while ADJEX has yielded a comparatively lower 1.15% annualized return.


WISEX

YTD

1.69%

1M

0.78%

6M

1.38%

1Y

4.56%

5Y*

2.64%

10Y*

2.02%

ADJEX

YTD

-5.42%

1M

5.85%

6M

-15.19%

1Y

-13.25%

5Y*

1.15%

10Y*

1.15%

*Annualized

Compare stocks, funds, or ETFs

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


WISEX vs. ADJEX - Expense Ratio Comparison

WISEX has a 0.89% expense ratio, which is lower than ADJEX's 0.99% expense ratio.


Risk-Adjusted Performance

WISEX vs. ADJEX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WISEX
The Risk-Adjusted Performance Rank of WISEX is 9898
Overall Rank
The Sharpe Ratio Rank of WISEX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of WISEX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of WISEX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of WISEX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of WISEX is 9797
Martin Ratio Rank

ADJEX
The Risk-Adjusted Performance Rank of ADJEX is 33
Overall Rank
The Sharpe Ratio Rank of ADJEX is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of ADJEX is 22
Sortino Ratio Rank
The Omega Ratio Rank of ADJEX is 33
Omega Ratio Rank
The Calmar Ratio Rank of ADJEX is 44
Calmar Ratio Rank
The Martin Ratio Rank of ADJEX is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WISEX vs. ADJEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Azzad Wise Capital Fund (WISEX) and Azzad Ethical Fund (ADJEX). 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.


The current WISEX Sharpe Ratio is 3.43, which is higher than the ADJEX Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of WISEX and ADJEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-2.000.002.004.006.00December2025FebruaryMarchAprilMay
3.43
-0.56
WISEX
ADJEX

Dividends

WISEX vs. ADJEX - Dividend Comparison

WISEX's dividend yield for the trailing twelve months is around 3.53%, while ADJEX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
WISEX
Azzad Wise Capital Fund
3.53%3.50%2.63%1.50%1.19%1.16%1.84%1.23%1.12%0.98%0.67%0.77%
ADJEX
Azzad Ethical Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.10%0.00%9.18%

Drawdowns

WISEX vs. ADJEX - Drawdown Comparison

The maximum WISEX drawdown since its inception was -5.49%, smaller than the maximum ADJEX drawdown of -57.92%. Use the drawdown chart below to compare losses from any high point for WISEX and ADJEX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-0.09%
-32.43%
WISEX
ADJEX

Volatility

WISEX vs. ADJEX - Volatility Comparison

The current volatility for Azzad Wise Capital Fund (WISEX) is 0.34%, while Azzad Ethical Fund (ADJEX) has a volatility of 7.84%. This indicates that WISEX experiences smaller price fluctuations and is considered to be less risky than ADJEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
0.34%
7.84%
WISEX
ADJEX