AVEMX vs. PXD
Compare and contrast key facts about Ave Maria Value Fund (AVEMX) and Pioneer Natural Resources Company (PXD).
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 PXD.
Key characteristics
AVEMX | PXD | |
---|---|---|
YTD Return | 5.41% | 16.89% |
1Y Return | 15.37% | 38.00% |
3Y Return (Ann) | 3.72% | 25.24% |
5Y Return (Ann) | 8.31% | 17.04% |
10Y Return (Ann) | 5.87% | 5.93% |
Sharpe Ratio | 1.18 | 1.66 |
Daily Std Dev | 13.98% | 24.29% |
Max Drawdown | -59.76% | -88.30% |
Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between AVEMX and PXD is 0.56, 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. PXD - Performance Comparison
In the year-to-date period, AVEMX achieves a 5.41% return, which is significantly lower than PXD's 16.89% return. Both investments have delivered pretty close results over the past 10 years, with AVEMX having a 5.87% annualized return and PXD not far ahead at 5.93%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
AVEMX vs. PXD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria Value Fund (AVEMX) and Pioneer Natural Resources Company (PXD). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Ave Maria Value Fund | 1.18 | ||||
Pioneer Natural Resources Company | 1.66 |
Dividends
AVEMX vs. PXD - Dividend Comparison
AVEMX's dividend yield for the trailing twelve months is around 4.20%, which matches PXD's 4.21% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Ave Maria Value Fund | 4.20% | 4.42% | 1.15% | 0.27% | 3.57% | 5.27% | 10.76% | 7.84% | 0.00% | 0.12% | 9.30% | 5.80% |
Pioneer Natural Resources Company | 4.21% | 6.21% | 11.14% | 3.76% | 1.93% | 0.79% | 0.24% | 0.04% | 0.04% | 0.05% | 0.05% | 0.04% |
Drawdowns
AVEMX vs. PXD - Drawdown Comparison
The maximum AVEMX drawdown since its inception was -59.76%, smaller than the maximum PXD drawdown of -88.30%. The drawdown chart below compares losses from any high point along the way for AVEMX and PXD
Volatility
AVEMX vs. PXD - Volatility Comparison
The current volatility for Ave Maria Value Fund (AVEMX) is 2.66%, while Pioneer Natural Resources Company (PXD) has a volatility of 3.57%. This indicates that AVEMX experiences smaller price fluctuations and is considered to be less risky than PXD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.