AFVLX vs. AVERX

Last updated Apr 1, 2026

Compare and contrast key facts about Applied Finance Select Fund (AFVLX) and Ave Maria Value Focused Fund (AVERX).

AFVLX is managed by Applied Finance. It was launched on Feb 1, 2017. AVERX is a passively managed fund by Schwartz Investment Counsel that tracks the performance of the S&P 500® Index. It was launched on Jan 1, 1984.

Performance

AFVLX vs. AVERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Finance Select Fund (AFVLX) and Ave Maria Value Focused Fund (AVERX). The values are adjusted to include any dividend payments, if applicable.

AFVLX vs. AVERX - Yearly Performance Comparison

	2026 (YTD)	2025
AFVLX Applied Finance Select Fund	-4.45%	19.49%
AVERX Ave Maria Value Focused Fund	18.00%	0.37%

Returns By Period

In the year-to-date period, AFVLX achieves a -4.45% return, which is significantly lower than AVERX's 18.00% return.

AFVLX

• 1D: -0.36%
• 1M: -6.93%
• YTD: -4.45%
• 6M: -3.38%
• 1Y: 9.36%
• 3Y*: 9.99%
• 5Y*: 7.12%
• 10Y*: —

AVERX

• 1D: -2.95%
• 1M: -7.71%
• YTD: 18.00%
• 6M: 17.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AFVLX vs. AVERX - Expense Ratio Comparison

AFVLX has a 1.48% expense ratio, which is higher than AVERX's 1.26% expense ratio.

AFVLX

Applied Finance Select Fund

AVERX

Ave Maria Value Focused Fund

Return for Risk

AFVLX vs. AVERX — Risk / Return Rank

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

AFVLX

AFVLX Risk / Return Rank: 23
AFVLX Sharpe Ratio Rank: 24
AFVLX Sortino Ratio Rank: 25
AFVLX Omega Ratio Rank: 24
AFVLX Calmar Ratio Rank: 21
AFVLX Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AFVLX vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Finance Select Fund (AFVLX) and Ave Maria Value Focused Fund (AVERX). 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.

	AFVLX	AVERX	Difference
Sharpe ratio Return per unit of total volatility	0.59	—	—
Sortino ratio Return per unit of downside risk	0.96	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	0.62	—	—
Martin ratio Return relative to average drawdown	2.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AFVLX	AVERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.06	-0.50

Correlation

The correlation between AFVLX and AVERX is 0.58, 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.

Dividends

AFVLX vs. AVERX - Dividend Comparison

AFVLX's dividend yield for the trailing twelve months is around 3.91%, more than AVERX's 0.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
AFVLX Applied Finance Select Fund	3.91%	3.74%	3.80%	1.18%	1.02%	2.11%	1.09%	0.68%
AVERX Ave Maria Value Focused Fund	0.35%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AFVLX vs. AVERX - Drawdown Comparison

The maximum AFVLX drawdown since its inception was -36.29%, which is greater than AVERX's maximum drawdown of -11.33%. Use the drawdown chart below to compare losses from any high point for AFVLX and AVERX.

Drawdown Indicators

	AFVLX	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	-36.29%	-11.33%	-24.96%
Max Drawdown (1Y) Largest decline over 1 year	-12.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.12%	—	—
Current Drawdown Current decline from peak	-8.42%	-8.20%	-0.22%
Average Drawdown Average peak-to-trough decline	-4.84%	-5.38%	+0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	—	—

Volatility

Volatility by Period

	AFVLX	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.52%	19.10%	-1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.93%	19.10%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.42%	19.10%	+1.32%