WISEX vs. AMANX
Compare and contrast key facts about Azzad Wise Capital Fund (WISEX) and Amana Mutual Funds Trust Income Fund (AMANX).
WISEX is managed by Azzad Fund. It was launched on Apr 1, 2010. AMANX is managed by Amana. It was launched on Jun 23, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WISEX or AMANX.
Key characteristics
| WISEX | AMANX | |
|---|---|---|
| YTD Return | 4.74% | 17.34% |
| 1Y Return | 7.02% | 25.50% |
| 3Y Return (Ann) | 1.74% | 8.23% |
| 5Y Return (Ann) | 2.25% | 12.16% |
| 10Y Return (Ann) | 1.92% | 10.15% |
| Sharpe Ratio | 5.44 | 2.18 |
| Sortino Ratio | 9.79 | 3.02 |
| Omega Ratio | 2.62 | 1.38 |
| Calmar Ratio | 4.37 | 2.85 |
| Martin Ratio | 37.96 | 11.58 |
| Ulcer Index | 0.19% | 2.09% |
| Daily Std Dev | 1.29% | 11.12% |
| Max Drawdown | -5.49% | -37.82% |
| Current Drawdown | -0.31% | -1.78% |
Correlation
The correlation between WISEX and AMANX is 0.61, 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. AMANX - Performance Comparison
In the year-to-date period, WISEX achieves a 4.74% return, which is significantly lower than AMANX's 17.34% return. Over the past 10 years, WISEX has underperformed AMANX with an annualized return of 1.92%, while AMANX has yielded a comparatively higher 10.15% 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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WISEX vs. AMANX - Expense Ratio Comparison
WISEX has a 0.89% expense ratio, which is lower than AMANX's 1.01% expense ratio.
Risk-Adjusted Performance
WISEX vs. AMANX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Azzad Wise Capital Fund (WISEX) and Amana Mutual Funds Trust Income Fund (AMANX). 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
WISEX vs. AMANX - Dividend Comparison
WISEX's dividend yield for the trailing twelve months is around 3.37%, more than AMANX's 0.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WISEX Azzad Wise Capital Fund | 3.37% | 2.63% | 1.50% | 1.19% | 1.16% | 1.84% | 1.23% | 1.12% | 0.98% | 0.67% | 0.77% | 2.49% |
AMANX Amana Mutual Funds Trust Income Fund | 0.73% | 0.90% | 1.00% | 0.73% | 1.12% | 1.24% | 1.33% | 1.04% | 1.40% | 1.57% | 1.50% | 1.39% |
Drawdowns
WISEX vs. AMANX - Drawdown Comparison
The maximum WISEX drawdown since its inception was -5.49%, smaller than the maximum AMANX drawdown of -37.82%. Use the drawdown chart below to compare losses from any high point for WISEX and AMANX. For additional features, visit the drawdowns tool.
Volatility
WISEX vs. AMANX - Volatility Comparison
The current volatility for Azzad Wise Capital Fund (WISEX) is 0.40%, while Amana Mutual Funds Trust Income Fund (AMANX) has a volatility of 3.28%. This indicates that WISEX experiences smaller price fluctuations and is considered to be less risky than AMANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.