AVEGX vs. VHYAX
Compare and contrast key facts about Ave Maria Growth Fund (AVEGX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX).
AVEGX is managed by Ave Maria Mutual Funds. It was launched on May 1, 2003. VHYAX is managed by Vanguard. It was launched on Feb 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEGX or VHYAX.
Key characteristics
| AVEGX | VHYAX | |
|---|---|---|
| YTD Return | 19.10% | 19.96% |
| 1Y Return | 25.41% | 28.59% |
| 3Y Return (Ann) | 2.14% | 9.13% |
| 5Y Return (Ann) | 7.53% | 10.87% |
| Sharpe Ratio | 1.76 | 2.77 |
| Sortino Ratio | 2.46 | 3.91 |
| Omega Ratio | 1.32 | 1.51 |
| Calmar Ratio | 1.59 | 5.63 |
| Martin Ratio | 8.99 | 17.79 |
| Ulcer Index | 2.86% | 1.65% |
| Daily Std Dev | 14.59% | 10.56% |
| Max Drawdown | -48.28% | -35.14% |
| Current Drawdown | -0.89% | -1.22% |
Correlation
The correlation between AVEGX and VHYAX is 0.77, 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
AVEGX vs. VHYAX - Performance Comparison
The year-to-date returns for both investments are quite close, with AVEGX having a 19.10% return and VHYAX slightly higher at 19.96%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVEGX vs. VHYAX - Expense Ratio Comparison
AVEGX has a 0.90% expense ratio, which is higher than VHYAX's 0.08% expense ratio.
Risk-Adjusted Performance
AVEGX vs. VHYAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Growth Fund (AVEGX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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
AVEGX vs. VHYAX - Dividend Comparison
AVEGX's dividend yield for the trailing twelve months is around 0.08%, less than VHYAX's 2.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVEGX Ave Maria Growth Fund | 0.08% | 0.09% | 0.30% | 0.00% | 0.00% | 0.01% | 0.20% | 0.09% | 0.09% | 0.27% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.75% | 3.10% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AVEGX vs. VHYAX - Drawdown Comparison
The maximum AVEGX drawdown since its inception was -48.28%, which is greater than VHYAX's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for AVEGX and VHYAX. For additional features, visit the drawdowns tool.
Volatility
AVEGX vs. VHYAX - Volatility Comparison
Ave Maria Growth Fund (AVEGX) has a higher volatility of 4.27% compared to Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) at 3.79%. This indicates that AVEGX's price experiences larger fluctuations and is considered to be riskier than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.