AVEDX vs. DVN
AVEDX (Ave Maria Rising Dividend Fund) is Large Cap Blend Equities fund managed by Ave Maria Mutual Funds, while DVN (Devon Energy Corporation) is a stock. Over the past 10 years, AVEDX returned 10.62%/yr vs 5.59%/yr for DVN. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
AVEDX vs. DVN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVEDX achieves a -0.61% return, which is significantly lower than DVN's 18.98% return. Over the past 10 years, AVEDX has outperformed DVN with an annualized return of 10.62%, while DVN has yielded a comparatively lower 5.59% annualized return.
AVEDX
- 1D
- 0.85%
- 1M
- 0.85%
- YTD
- -0.61%
- 6M
- -2.10%
- 1Y
- -2.88%
- 3Y*
- 11.21%
- 5Y*
- 8.43%
- 10Y*
- 10.62%
DVN
- 1D
- 2.21%
- 1M
- -8.18%
- YTD
- 18.98%
- 6M
- 19.63%
- 1Y
- 28.81%
- 3Y*
- 0.16%
- 5Y*
- 13.27%
- 10Y*
- 5.59%
AVEDX vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVEDX Ave Maria Rising Dividend Fund | -0.61% | -0.43% | 14.36% | 26.37% | -5.18% | 25.31% | 6.46% | 27.56% | -4.83% | 16.84% |
DVN Devon Energy Corporation | 18.98% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
Correlation
The correlation between AVEDX and DVN is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 3, 2005 | 0.50 |
Over the past year, the correlation between AVEDX and DVN has dropped to 0.12 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVEDX vs. DVN — Risk / Return Rank
AVEDX
DVN
AVEDX vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Rising Dividend Fund (AVEDX) and Devon Energy Corporation (DVN). 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.
| AVEDX | DVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.16 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 1.56 | -1.83 |
| Martin ratioReturn relative to average drawdown | -0.55 | 4.08 | -4.63 |
Loading charts...
Drawdowns
AVEDX vs. DVN - Drawdown Comparison
The maximum AVEDX drawdown since its inception was -47.25%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for AVEDX and DVN.
Loading charts...
Drawdown Indicators
| AVEDX | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.25% | -94.93% | +47.68% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -18.53% | +7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -15.53% | -49.22% | +33.69% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -61.45% | +44.60% |
Max Drawdown (10Y)Largest decline over 10 years | -38.91% | -88.51% | +49.60% |
Current DrawdownCurrent decline from peak | -9.90% | -44.52% | +34.62% |
Average DrawdownAverage peak-to-trough decline | -5.83% | -35.94% | +30.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 7.15% | -1.92% |
Volatility
AVEDX vs. DVN - Volatility Comparison
The current volatility for Ave Maria Rising Dividend Fund (AVEDX) is 3.50%, while Devon Energy Corporation (DVN) has a volatility of 12.05%. This indicates that AVEDX experiences smaller price fluctuations and is considered to be less risky than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVEDX | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 12.05% | -8.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 26.05% | -16.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.22% | 34.32% | -22.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.50% | 40.99% | -24.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 49.63% | -31.60% |
Dividends
AVEDX vs. DVN - Dividend Comparison
AVEDX's dividend yield for the trailing twelve months is around 5.57%, more than DVN's 2.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEDX Ave Maria Rising Dividend Fund | 5.57% | 5.49% | 6.43% | 12.61% | 7.94% | 10.53% | 2.60% | 8.03% | 10.88% | 6.32% | 6.95% | 7.11% |
DVN Devon Energy Corporation | 2.42% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
Frequently Asked Questions
AVEDX and DVN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVN has higher volatility (12.05%) compared to AVEDX (3.50%). In terms of maximum drawdown, AVEDX dropped -47.25% vs DVN's -94.93%.
DVN currently has the higher Sharpe Ratio (0.84 vs -0.24), 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.
Find the right allocation for AVEDX and DVN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer