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AFVLX vs. TORYX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AFVLX vs. TORYX

Last updated Jun 24, 2026

AFVLX (Applied Finance Select Fund) and TORYX (Torray Fund) are both Large Cap Value Equities funds. Over the past 5 years, AFVLX returned 9.63%/yr vs 11.16%/yr for TORYX. Their correlation of 0.89 suggests significant overlap in exposure. AFVLX charges 1.48%/yr vs 1.07%/yr for TORYX.

Performance

AFVLX vs. TORYX - Performance Comparison

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

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Returns By Period

In the year-to-date period, AFVLX achieves a 11.05% return, which is significantly higher than TORYX's 10.28% return.

AFVLX

1D
0.31%
1M
2.82%
YTD
11.05%
6M
9.97%
1Y
21.98%
3Y*
14.75%
5Y*
9.63%
10Y*
—

TORYX

1D
0.34%
1M
-1.43%
YTD
10.28%
6M
9.63%
1Y
20.96%
3Y*
17.21%
5Y*
11.16%
10Y*
9.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AFVLX vs. TORYX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
AFVLX
Applied Finance Select Fund		11.05%13.12%7.06%19.43%-10.88%27.73%15.33%12.42%
TORYX
Torray Fund		10.28%14.89%13.77%12.57%-0.69%21.40%-2.45%9.58%

Correlation

The correlation between AFVLX and TORYX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.76

Correlation (3Y)
Calculated over the trailing 3-year period

0.84

Correlation (5Y)
Calculated over the trailing 5-year period

0.89

Correlation (All Time)
Calculated using the full available price history since Sep 3, 2019

0.89

The correlation between AFVLX and TORYX shifts across timeframes, from 0.76 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Applied Finance Select Fund

Torray Fund

Often compared with AFVLX:
AFVLX vs. SOPAXAFVLX vs. FISEXAFVLX vs. FSPGXAFVLX vs. SBLGXAFVLX vs. VAFAXAFVLX vs. TOWFXAFVLX vs. HDCTX
Often compared with TORYX:
TORYX vs. SPYTORYX vs. PSECXTORYX vs. ACTIXTORYX vs. AVERXTORYX vs. VALAXTORYX vs. AUXFXTORYX vs. ACIIX

Return for Risk

AFVLX vs. TORYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AFVLX
AFVLX Risk / Return Rank: 4949
Overall Rank
AFVLX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
AFVLX Sortino Ratio Rank: 4444
Sortino Ratio Rank
AFVLX Omega Ratio Rank: 4242
Omega Ratio Rank
AFVLX Calmar Ratio Rank: 5757
Calmar Ratio Rank
AFVLX Martin Ratio Rank: 5454
Martin Ratio Rank
TORYX
TORYX Risk / Return Rank: 6464
Overall Rank
TORYX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
TORYX Sortino Ratio Rank: 5555
Sortino Ratio Rank
TORYX Omega Ratio Rank: 4646
Omega Ratio Rank
TORYX Calmar Ratio Rank: 9292
Calmar Ratio Rank
TORYX Martin Ratio Rank: 7979
Martin Ratio Rank
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. TORYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Finance Select Fund (AFVLX) and Torray Fund (TORYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

AFVLXTORYXDifference
Sharpe ratioReturn per unit of total volatility
1.85
1.92

-0.08

Sortino ratioReturn per unit of downside risk
2.58
2.84

-0.26

Omega ratioGain probability vs. loss probability

1.32

1.34

-0.02

Calmar ratioReturn relative to maximum drawdown

2.76

4.72

-1.96

Martin ratioReturn relative to average drawdown

10.31

13.67

-3.36

AFVLX vs. TORYX - Sharpe Ratio Comparison

The current AFVLX Sharpe Ratio is 1.85, which is comparable to the TORYX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of AFVLX and TORYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

AFVLX vs. TORYX - Drawdown Comparison

The maximum AFVLX drawdown since its inception was -36.29%, smaller than the maximum TORYX drawdown of -56.55%. Use the drawdown chart below to compare losses from any high point for AFVLX and TORYX.

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Drawdown Indicators

AFVLXTORYXDifference

Max Drawdown

Largest peak-to-trough decline

-36.29%

-56.55%

+20.26%

Max Drawdown (1Y)

Largest decline over 1 year

-8.42%

-4.50%

-3.92%

Max Drawdown (3Y)

Largest decline over 3 years

-17.74%

-14.64%

-3.10%

Max Drawdown (5Y)

Largest decline over 5 years

-20.12%

-16.53%

-3.59%

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.31%

—

Current Drawdown

Current decline from peak

-0.84%

-3.03%

+2.19%

Average Drawdown

Average peak-to-trough decline

-4.72%

-7.33%

+2.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.25%

1.55%

+0.70%

Volatility

AFVLX vs. TORYX - Volatility Comparison

Applied Finance Select Fund (AFVLX) has a higher volatility of 4.06% compared to Torray Fund (TORYX) at 3.75%. This indicates that AFVLX's price experiences larger fluctuations and is considered to be riskier than TORYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AFVLXTORYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.06%

3.75%

+0.31%

Volatility (6M)

Calculated over the trailing 6-month period

9.50%

7.78%

+1.72%

Volatility (1Y)

Calculated over the trailing 1-year period

12.58%

11.05%

+1.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.98%

15.13%

+0.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.22%

17.63%

+2.59%

AFVLX vs. TORYX - Expense Ratio Comparison

AFVLX has a 1.48% expense ratio, which is higher than TORYX's 1.07% expense ratio.

Dividends

AFVLX vs. TORYX - Dividend Comparison

AFVLX's dividend yield for the trailing twelve months is around 3.36%, less than TORYX's 29.97% yield.

PositionTTM20252024202320222021202020192018201720162015
AFVLX
Applied Finance Select Fund		3.36%3.74%3.80%1.18%1.02%2.11%1.09%0.68%0.00%0.00%0.00%0.00%
TORYX
Torray Fund		29.97%32.38%7.32%6.47%10.55%10.80%3.22%2.66%2.21%7.34%8.93%4.30%

Frequently Asked Questions

AFVLX and TORYX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AFVLX has higher volatility (4.06%) compared to TORYX (3.75%). In terms of maximum drawdown, AFVLX dropped -36.29% vs TORYX's -56.55%.

TORYX currently has the higher Sharpe Ratio (1.92 vs 1.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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