AVEFX vs. PALDX

Last updated Apr 1, 2026

Compare and contrast key facts about Ave Maria Bond Fund (AVEFX) and PGIM 60/40 Allocation Fund (PALDX).

AVEFX is managed by Ave Maria Mutual Funds. It was launched on Apr 30, 2003. PALDX is managed by PGIM. It was launched on Sep 12, 2017.

Performance

AVEFX vs. PALDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ave Maria Bond Fund (AVEFX) and PGIM 60/40 Allocation Fund (PALDX). The values are adjusted to include any dividend payments, if applicable.

AVEFX vs. PALDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVEFX Ave Maria Bond Fund	1.11%	5.63%	5.71%	5.16%	-2.84%	4.38%	5.60%	8.30%	0.41%	1.24%
PALDX PGIM 60/40 Allocation Fund	-3.62%	13.62%	18.96%	18.90%	-15.65%	16.30%	10.68%	22.27%	-4.12%	5.95%

Returns By Period

In the year-to-date period, AVEFX achieves a 1.11% return, which is significantly higher than PALDX's -3.62% return.

AVEFX

• 1D: 0.08%
• 1M: -2.44%
• YTD: 1.11%
• 6M: 1.65%
• 1Y: 3.91%
• 3Y*: 5.44%
• 5Y*: 3.20%
• 10Y*: 3.91%

PALDX

• 1D: -0.22%
• 1M: -5.44%
• YTD: -3.62%
• 6M: -1.03%
• 1Y: 12.43%
• 3Y*: 13.72%
• 5Y*: 7.99%
• 10Y*: —

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

AVEFX vs. PALDX - Expense Ratio Comparison

AVEFX has a 0.41% expense ratio, which is higher than PALDX's 0.03% expense ratio.

AVEFX

Ave Maria Bond Fund

PALDX

PGIM 60/40 Allocation Fund

Return for Risk

AVEFX vs. PALDX — Risk / Return Rank

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

AVEFX

AVEFX Risk / Return Rank: 67
AVEFX Sharpe Ratio Rank: 70
AVEFX Sortino Ratio Rank: 71
AVEFX Omega Ratio Rank: 58
AVEFX Calmar Ratio Rank: 75
AVEFX Martin Ratio Rank: 63

PALDX

PALDX Risk / Return Rank: 66
PALDX Sharpe Ratio Rank: 63
PALDX Sortino Ratio Rank: 66
PALDX Omega Ratio Rank: 67
PALDX Calmar Ratio Rank: 62
PALDX Martin Ratio Rank: 72

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.

AVEFX vs. PALDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ave Maria Bond Fund (AVEFX) and PGIM 60/40 Allocation Fund (PALDX). 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.

	AVEFX	PALDX	Difference
Sharpe ratio Return per unit of total volatility	1.21	1.12	+0.10
Sortino ratio Return per unit of downside risk	1.74	1.65	+0.09
Omega ratio Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio Return relative to maximum drawdown	1.71	1.42	+0.29
Martin ratio Return relative to average drawdown	6.00	6.83	-0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVEFX vs. PALDX - Sharpe Ratio Comparison

The current AVEFX Sharpe Ratio is 1.21, which is comparable to the PALDX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of AVEFX and PALDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVEFX	PALDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.12	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.67	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	0.71	+0.40

Correlation

The correlation between AVEFX and PALDX is 0.69, 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

AVEFX vs. PALDX - Dividend Comparison

AVEFX's dividend yield for the trailing twelve months is around 3.10%, less than PALDX's 5.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVEFX Ave Maria Bond Fund	3.10%	3.51%	2.94%	2.47%	3.59%	2.32%	2.43%	3.31%	3.21%	2.04%	2.94%	1.89%
PALDX PGIM 60/40 Allocation Fund	5.62%	5.42%	10.40%	2.94%	6.19%	6.87%	2.58%	4.58%	3.65%	1.48%	0.00%	0.00%

Drawdowns

AVEFX vs. PALDX - Drawdown Comparison

The maximum AVEFX drawdown since its inception was -10.24%, smaller than the maximum PALDX drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for AVEFX and PALDX.

Drawdown Indicators

	AVEFX	PALDX	Difference
Max Drawdown Largest peak-to-trough decline	-10.24%	-26.16%	+15.92%
Max Drawdown (1Y) Largest decline over 1 year	-2.52%	-8.20%	+5.68%
Max Drawdown (5Y) Largest decline over 5 years	-8.02%	-20.47%	+12.45%
Max Drawdown (10Y) Largest decline over 10 years	-10.24%	—	—
Current Drawdown Current decline from peak	-2.44%	-5.96%	+3.52%
Average Drawdown Average peak-to-trough decline	-0.96%	-4.16%	+3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	1.70%	-0.98%

Volatility

AVEFX vs. PALDX - Volatility Comparison

The current volatility for Ave Maria Bond Fund (AVEFX) is 1.18%, while PGIM 60/40 Allocation Fund (PALDX) has a volatility of 3.05%. This indicates that AVEFX experiences smaller price fluctuations and is considered to be less risky than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVEFX	PALDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	3.05%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	2.17%	5.86%	-3.69%
Volatility (1Y) Calculated over the trailing 1-year period	3.44%	11.52%	-8.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.14%	12.08%	-7.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.01%	12.75%	-8.74%