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Azzad Ethical (ADJEX) Fund Ranking and Research

Ranking, Research and Recommendation of Azzad Ethical (ADJEX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Azzad Ethical Fund (ADJEX) ManagerFund Manager - Jamal J. Elbarmil

Fund Manager Information

Fund Manager Tenure: 10.7 years
Fund Family: Azzad Fund
Fund Category: Mid-Cap Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.46)     (What does this score mean?)

 

Graph of Azzad Ethical Fund (ADJEX) ProfileAzzad Ethical Fund (ADJEX) Profile

Fund Profile and Description

Azzad Ethical Fund seeks to provide long-term total returns that are consistent with the Adviser’s ethical principles. Azzad Ethical Fund primarily invests at least 80% of net assets in equity securities of mid-cap companies. Mid cap companies are defined as companies with market capitalizations of $500 million to $10 billion at the time of investment. It avoids companies with significant revenue from tobacco, alcohol, meat products, gambling, pornography, interest, insurance, and weapons of mass destruction, also banks or financial services companies. Azzad Ethical Fund is non-diversified.

 

Azzad Ethical (ADJEX) Fund Strength What we like about Azzad Ethical (ADJEX) Fund

Data for Azzad Ethical Fund (ADJEX) as of May 30, 2016

  • Azzad Ethical Fund (ADJEX) management has been with Azzad Ethical Fund for 10.7 years
  • Azzad Ethical Fund (ADJEX) ratio of up-years vs down years is greater than 2
  • Asset base in Azzad Ethical Fund (ADJEX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Azzad Ethical Fund (ADJEX) has an annual stock turnover rate of 29.80% vs Mid-Cap Growth average of 52.51%. It is good that Azzad Ethical management does not trade extensively for its return.
  • Azzad Ethical Fund (ADJEX) is less volatile than its peers as it has a 3-year Standard Deviation of 13.18, lower than category average of 13.49
  • Azzad Ethical Fund (ADJEX) has a lower expense ratio than its Mid-Cap Growth average: 0.99% vs 1.27%

Azzad Ethical Fund (ADJEX) Weakness What we are cautious about Azzad Ethical (ADJEX) Fund

Data for Azzad Ethical Fund (ADJEX) as of May 30, 2016

  • Azzad Ethical Fund (ADJEX) has a less-than-ideal short-term performance (1-year return -10.55% vs -5.73% Mid-Cap Growth category median performance)
  • Azzad Ethical Fund (ADJEX) has a less-than-ideal mid-term performance (3-year return 5.97% vs 8.38% Mid-Cap Growth category median performance)
  • Azzad Ethical Fund (ADJEX) has a less-than-ideal Long-term performance (5-year return 6.84% vs 7.70% Mid-Cap Growth category median performance)
  • Azzad Ethical Fund (ADJEX) has a Morningstar rating of 3 and below
  • Azzad Ethical Fund (ADJEX) is less safe compared to its Mid-Cap Growth peers
  • Even though Azzad Ethical Fund carries no load, it does have a 0.15% of 12b1 promotion, distributions, marketing expenses
See Azzad Ethical Fund (ADJEX) performance details as of May 30, 2016

 

What do you think?

 

Compare Azzad Ethical Fund (ADJEX)Compare with other top Mid-Cap Growth category mutual funds

Aadditional top Mid-Cap Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Azzad Ethical-0.16-10.555.976.84
Akre Focus Instl (AKRIX)3.591.8011.1515.02Compare
Baron Asset Instl (BARIX)1.54-1.9810.2810.08Compare
Bright Rock Mid Cap Growth Instl (BQMGX)8.534.539.875.79Compare

See top fund managers for Mid-Cap Growth Category Funds

 

Compare Azzad Ethical Fund (ADJEX)Compare with Mid-Cap Growth category ETFs

Some Mid-Cap Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)000
PowerShares Russell Midcap Pure Gr ETF (PXMG)-0.83%-6.85%5.24%
RevenueShares NavellierOverall A-100 ETF (RWV)1.16%-5.74%7.25%
iShares Morningstar Mid-Cap Growth (JKH)1.51%-5.25%9.06%
Vanguard Mid-Cap Growth ETF (VOT)3.05%-4.02%9.94%

 

Graph of Azzad Ethical Fund (ADJEX) Net Asset TrackingAzzad Ethical (ADJEX) Fund Net Asset

Track net asset change of Azzad Ethical fund (ADJEX)

DateNet Asset
05/2016$65.93M
03/2016$65.74M
02/2016$60.85M
More historic net asset information on Azzad Ethical Fund (ADJEX)

  

Graph of Azzad Ethical Fund (ADJEX) Portfolio TrackingAzzad Ethical (ADJEX) Fund Portfolio Allocation

Track portfolio allocation change of Azzad Ethical fund (ADJEX)

DateCashStockBondOther
05/20164.13%95.87%0%0%
02/20163.43%96.57%0%0%
01/20162.89%97.11%0%0%
Click here to see more historic asset allocation information on Azzad Ethical Fund (ADJEX)

 

graph of Azzad Ethical Fund (ADJEX) Top 10 Position TrackingTop 10 Holdings in Azzad Ethical (ADJEX) Fund

Discover what Azzad Ethical Fund (ADJEX) manager is buying

May 30, 2016
Internationa Flavors & Fragranc [2.45%]
Dollar General Corporation Comm [2.28%]
LKQ Corporation [2.07%]
AutoZone, Inc. Common Stock [2.06%]
DST Systems, Inc. Common Stock [2.04%]
Equifax, Inc. Common Stock [1.89%]
Jack Henry & Associates, Inc. [1.83%]
Mead Johnson Nutrition Company [1.81%]
Cintas Corporation [1.8%]

Feb 28, 2016
AutoZone, Inc. Common Stock [2.27%]
Internationa Flavors & Fragranc [2.12%]
Dollar General Corporation Comm [2.04%]
Equifax, Inc. Common Stock [2.03%]
Cadence Design Systems, Inc. [1.98%]
Jack Henry & Associates, Inc. [1.93%]
DST Systems, Inc. Common Stock [1.91%]
Foot Locker, Inc. [1.89%]
AmerisourceBergen Corporation C [1.89%]

Jan 30, 2016
AutoZone, Inc. Common Stock [2.29%]
Internationa Flavors & Fragranc [2.17%]
Dollar General Corporation Comm [2.1%]
Equifax, Inc. Common Stock [2.08%]
Foot Locker, Inc. [2.07%]
AmerisourceBergen Corporation C [1.99%]
DST Systems, Inc. Common Stock [1.96%]
Jack Henry & Associates, Inc. [1.94%]
LKQ Corporation [1.89%]
Click here for Stock Holding Change Map in Azzad Ethical Fund (ADJEX)

  

Latest News on Azzad Ethical (ADJEX) Fund

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Azzad Ethical Fund (ADJEX) Related ResourcesSee more information on Azzad Ethical (ADJEX) Fund

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