ETF Evaluator:
Amana Growth ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Growth Over the Last Year
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ETF Details
Amana Growth ETF Overview
Amana Growth ETF (AMGR) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Amana launched the ETF in 2026.
The investment seeks long-term capital growth, consistent with Islamic principles.
It is the policy of the fund, under normal circumstances, to invest at least 80% of total net assets in common stocks that the adviser believes exhibit growth characteristics. It invests in common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. Generally, Islamic principles require that investors share in profit and loss, that they receive no usury or interest, and that they do not invest in a business that is prohibited by Islamic principles. The fund is non-diversified.
About Amana Growth ETF (AMGR)
There are 5 members of the management team with an average tenure of 0.10 years: Scott Klimo (2026), Monem Salam (2026), Austin Wen (2026), Devin Ryder (2026) and Jason Mitchell (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Amana Growth ETF has 31 securities in its portfolio. The top 10 holdings constitute 57.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Amana Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Amana Growth ETF has 26.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 71.8% There is 26.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Amana Growth ETF has 2.0% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $8 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
AMGR Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Amana Growth ETF expense ratio is above average compared to funds in the Large Growth category. Amana Growth ETF has an expense ratio of 0.61%, which is 24% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Amana Growth ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of July 2026, Amana Growth ETF returned -3.2%, which earned it a grade of C, as the Large Growth category had an average return of -3.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Amana Growth ETF has a trailing yield of 0.00%, which is below the 0.53% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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AMGR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| AMGR Return (NAV) | -3.2% | na | na | na | na | na |
| AMGR Return (Price) | -3.1% | na | na | na | na | na |
| NAV +/- Price Return | -0.048% | na | na | na | na | na |
| Large Growth Avg | -3.8% | 2.7% | 13.0% | 19.6% | 9.9% | 15.8% |
| AMGR Grade (NAV) | C | na | na | na | na | na |
| +/- Category (NAV) | 0.6% | na | na | na | na | na |
| AMGR Tax-Cost Ratio | na | na | na | na | na | na |
AMGR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| AMGR Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| AMGR Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Large Growth Avg | 6.2% | 16.9% | 30.5% | 38.6% | -30.7% | 21.6% | 37.2% | 33.0% | -2.1% | 28.4% | 5.0% |
| AMGR Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 4 Mil |
| Share Class Assets: | $ 4 Mil |
| Turnover: | na |
| Expense Ratio: | 0.61% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Klimo Scott (2026), Salam Monem (2026), Wen Austin (2026), Ryder Devin (2026), Mitchell Jason (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 31 |
| % in Top 10 Holdings: | 57.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 26.2% |
Portfolio Allocation |
|
| Domestic Stock: | 71.8% |
| Foreign Stock: | 26.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Amana |
| Phone Number: | 800-728-8762 |
| Website: | www.amanafunds.com |
| Inception Date: | June 23, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.61% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.49% |
