AVEFX vs. QBDSX
AVEFX (Ave Maria Bond Fund) and QBDSX (Quantified Managed Income Fund) are both Diversified Portfolio funds. Over the past 10 years, AVEFX returned 3.82%/yr vs 0.54%/yr for QBDSX. At a 0.49 correlation, their price movements are largely independent. AVEFX charges 0.41%/yr vs 1.31%/yr for QBDSX.
Performance
AVEFX vs. QBDSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVEFX achieves a 2.25% return, which is significantly higher than QBDSX's -0.25% return. Over the past 10 years, AVEFX has outperformed QBDSX with an annualized return of 3.82%, while QBDSX has yielded a comparatively lower 0.54% annualized return.
AVEFX
- 1D
- 0.24%
- 1M
- 1.29%
- 6M
- 1.35%
- YTD
- 2.25%
- 1Y
- 4.28%
- 3Y*
- 5.74%
- 5Y*
- 3.12%
- 10Y*
- 3.82%
QBDSX
- 1D
- 0.13%
- 1M
- 0.38%
- 6M
- -1.12%
- YTD
- -0.25%
- 1Y
- 0.63%
- 3Y*
- 2.37%
- 5Y*
- 0.77%
- 10Y*
- 0.54%
AVEFX vs. QBDSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVEFX Ave Maria Bond Fund | 2.25% | 5.63% | 5.71% | 5.16% | -2.84% | 4.38% | 5.60% | 8.30% | 0.41% | 4.16% |
QBDSX Quantified Managed Income Fund | -0.25% | 5.11% | 1.02% | 2.25% | -4.09% | -0.66% | -9.22% | 10.50% | -3.17% | 5.05% |
Correlation
The correlation between AVEFX and QBDSX is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.49 |
The correlation between AVEFX and QBDSX shifts across timeframes, from 0.48 (5 years) to 0.60 (3 years), reflecting how their relationship changes across market environments.
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
AVEFX vs. QBDSX — Risk / Return Rank
AVEFX
QBDSX
AVEFX vs. QBDSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Bond Fund (AVEFX) and Quantified Managed Income Fund (QBDSX). 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.
| AVEFX | QBDSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.03 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 0.21 | +1.34 |
| Martin ratioReturn relative to average drawdown | 3.63 | 0.47 | +3.17 |
Loading charts...
Drawdowns
AVEFX vs. QBDSX - Drawdown Comparison
The maximum AVEFX drawdown since its inception was -10.24%, smaller than the maximum QBDSX drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for AVEFX and QBDSX.
Loading charts...
Drawdown Indicators
| AVEFX | QBDSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.24% | -18.38% | +8.14% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -3.09% | +0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -2.83% | -3.76% | +0.93% |
Max Drawdown (5Y)Largest decline over 5 years | -7.57% | -7.40% | -0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -10.24% | -18.38% | +8.14% |
Current DrawdownCurrent decline from peak | -1.34% | -8.29% | +6.95% |
Average DrawdownAverage peak-to-trough decline | -0.98% | -6.86% | +5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 1.36% | -0.16% |
Volatility
AVEFX vs. QBDSX - Volatility Comparison
The current volatility for Ave Maria Bond Fund (AVEFX) is 0.85%, while Quantified Managed Income Fund (QBDSX) has a volatility of 0.93%. This indicates that AVEFX experiences smaller price fluctuations and is considered to be less risky than QBDSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVEFX | QBDSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 0.93% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.31% | 2.41% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.97% | 3.61% | -0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.13% | 4.31% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.02% | 5.24% | -1.22% |
AVEFX vs. QBDSX - Expense Ratio Comparison
AVEFX has a 0.41% expense ratio, which is lower than QBDSX's 1.31% expense ratio.
Dividends
AVEFX vs. QBDSX - Dividend Comparison
AVEFX's dividend yield for the trailing twelve months is around 3.62%, less than QBDSX's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEFX Ave Maria Bond Fund | 3.62% | 3.51% | 2.94% | 2.47% | 3.59% | 2.32% | 2.43% | 3.31% | 3.21% | 2.04% | 2.94% | 1.89% |
QBDSX Quantified Managed Income Fund | 4.49% | 4.47% | 3.98% | 4.51% | 0.54% | 0.71% | 0.87% | 2.26% | 2.04% | 2.51% | 1.00% | 3.89% |
Frequently Asked Questions
AVEFX and QBDSX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QBDSX has higher volatility (0.93%) compared to AVEFX (0.85%). In terms of maximum drawdown, AVEFX dropped -10.24% vs QBDSX's -18.38%.
AVEFX currently has the higher Sharpe Ratio (1.48 vs 0.18), 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 AVEFX and QBDSX
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