AVEMX vs. DVN
Compare and contrast key facts about Ave Maria Value Fund (AVEMX) and Devon Energy Corporation (DVN).
AVEMX is managed by Ave Maria Mutual Funds. It was launched on May 1, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEMX or DVN.
Correlation
The correlation between AVEMX and DVN is 0.57, 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. DVN - Performance Comparison
Key characteristics
AVEMX:
0.89
DVN:
-1.23
AVEMX:
1.34
DVN:
-1.71
AVEMX:
1.18
DVN:
0.80
AVEMX:
1.04
DVN:
-0.50
AVEMX:
3.64
DVN:
-1.74
AVEMX:
4.14%
DVN:
17.75%
AVEMX:
16.96%
DVN:
25.10%
AVEMX:
-60.09%
DVN:
-94.93%
AVEMX:
-14.54%
DVN:
-62.10%
Returns By Period
In the year-to-date period, AVEMX achieves a 19.75% return, which is significantly higher than DVN's -30.26% return. Over the past 10 years, AVEMX has outperformed DVN with an annualized return of 3.04%, while DVN has yielded a comparatively lower -3.18% annualized return.
AVEMX
19.75%
-7.87%
12.35%
16.48%
7.23%
3.04%
DVN
-30.26%
-18.97%
-32.46%
-30.17%
9.94%
-3.18%
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Risk-Adjusted Performance
AVEMX vs. DVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Value Fund (AVEMX) 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.
Dividends
AVEMX vs. DVN - Dividend Comparison
AVEMX's dividend yield for the trailing twelve months is around 0.68%, less than DVN's 4.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEMX Ave Maria Value Fund | 0.68% | 0.82% | 1.15% | 0.27% | 0.47% | 0.04% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% | 0.00% |
DVN Devon Energy Corporation | 4.75% | 6.34% | 8.41% | 4.47% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% | 1.54% | 1.39% |
Drawdowns
AVEMX vs. DVN - Drawdown Comparison
The maximum AVEMX drawdown since its inception was -60.09%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for AVEMX and DVN. For additional features, visit the drawdowns tool.
Volatility
AVEMX vs. DVN - Volatility Comparison
Ave Maria Value Fund (AVEMX) and Devon Energy Corporation (DVN) have volatilities of 8.08% and 7.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.