AVEMX vs. DNLAX
Compare and contrast key facts about Ave Maria Value Fund (AVEMX) and BNY Mellon Natural Resources Fund Class A (DNLAX).
AVEMX is managed by Ave Maria Mutual Funds. It was launched on May 1, 2001. DNLAX is managed by BNY Mellon. It was launched on Oct 31, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEMX or DNLAX.
Correlation
The correlation between AVEMX and DNLAX is 0.68, 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.
Performance
AVEMX vs. DNLAX - Performance Comparison
Key characteristics
AVEMX:
0.48
DNLAX:
-0.80
AVEMX:
0.79
DNLAX:
-0.96
AVEMX:
1.12
DNLAX:
0.86
AVEMX:
0.44
DNLAX:
-0.50
AVEMX:
1.14
DNLAX:
-1.70
AVEMX:
10.08%
DNLAX:
13.24%
AVEMX:
24.07%
DNLAX:
28.17%
AVEMX:
-60.09%
DNLAX:
-69.14%
AVEMX:
-17.53%
DNLAX:
-35.93%
Returns By Period
In the year-to-date period, AVEMX achieves a 3.19% return, which is significantly higher than DNLAX's -11.41% return. Both investments have delivered pretty close results over the past 10 years, with AVEMX having a 3.44% annualized return and DNLAX not far ahead at 3.48%.
AVEMX
3.19%
-3.41%
-5.42%
10.78%
14.03%
3.44%
DNLAX
-11.41%
-10.90%
-20.02%
-23.04%
13.85%
3.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVEMX vs. DNLAX - Expense Ratio Comparison
AVEMX has a 0.97% expense ratio, which is lower than DNLAX's 1.14% expense ratio.
Risk-Adjusted Performance
AVEMX vs. DNLAX — Risk-Adjusted Performance Rank
AVEMX
DNLAX
AVEMX vs. DNLAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Value Fund (AVEMX) and BNY Mellon Natural Resources Fund Class A (DNLAX). 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
AVEMX vs. DNLAX - Dividend Comparison
AVEMX's dividend yield for the trailing twelve months is around 0.31%, less than DNLAX's 1.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEMX Ave Maria Value Fund | 0.31% | 0.32% | 0.82% | 1.15% | 0.27% | 0.47% | 0.04% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% |
DNLAX BNY Mellon Natural Resources Fund Class A | 1.40% | 1.24% | 2.32% | 1.35% | 1.19% | 0.91% | 1.95% | 1.53% | 0.40% | 1.26% | 0.98% | 0.74% |
Drawdowns
AVEMX vs. DNLAX - Drawdown Comparison
The maximum AVEMX drawdown since its inception was -60.09%, smaller than the maximum DNLAX drawdown of -69.14%. Use the drawdown chart below to compare losses from any high point for AVEMX and DNLAX. For additional features, visit the drawdowns tool.
Volatility
AVEMX vs. DNLAX - Volatility Comparison
The current volatility for Ave Maria Value Fund (AVEMX) is 13.99%, while BNY Mellon Natural Resources Fund Class A (DNLAX) has a volatility of 19.76%. This indicates that AVEMX experiences smaller price fluctuations and is considered to be less risky than DNLAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.