AVEAX vs. FXAIX
Compare and contrast key facts about Ave Maria Focused Fund (AVEAX) and Fidelity 500 Index Fund (FXAIX).
AVEAX is managed by Ave Maria Mutual Funds. It was launched on Apr 30, 2020. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEAX or FXAIX.
Correlation
The correlation between AVEAX and FXAIX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AVEAX vs. FXAIX - Performance Comparison
Key characteristics
AVEAX:
1.03
FXAIX:
1.97
AVEAX:
1.46
FXAIX:
2.64
AVEAX:
1.19
FXAIX:
1.36
AVEAX:
0.83
FXAIX:
2.98
AVEAX:
4.35
FXAIX:
12.34
AVEAX:
4.15%
FXAIX:
2.04%
AVEAX:
17.43%
FXAIX:
12.79%
AVEAX:
-46.20%
FXAIX:
-33.79%
AVEAX:
-1.01%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, AVEAX achieves a 2.94% return, which is significantly lower than FXAIX's 4.11% return.
AVEAX
2.94%
1.81%
19.05%
14.71%
N/A
N/A
FXAIX
4.11%
2.06%
9.72%
23.78%
14.37%
13.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVEAX vs. FXAIX - Expense Ratio Comparison
AVEAX has a 1.14% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
AVEAX vs. FXAIX — Risk-Adjusted Performance Rank
AVEAX
FXAIX
AVEAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Focused Fund (AVEAX) and Fidelity 500 Index Fund (FXAIX). 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
AVEAX vs. FXAIX - Dividend Comparison
AVEAX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEAX Ave Maria Focused Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
AVEAX vs. FXAIX - Drawdown Comparison
The maximum AVEAX drawdown since its inception was -46.20%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for AVEAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
AVEAX vs. FXAIX - Volatility Comparison
Ave Maria Focused Fund (AVEAX) has a higher volatility of 5.15% compared to Fidelity 500 Index Fund (FXAIX) at 3.21%. This indicates that AVEAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.