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AVEMX vs. PXD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AVEMXPXD
YTD Return5.41%16.89%
1Y Return15.37%38.00%
3Y Return (Ann)3.72%25.24%
5Y Return (Ann)8.31%17.04%
10Y Return (Ann)5.87%5.93%
Sharpe Ratio1.181.66
Daily Std Dev13.98%24.29%
Max Drawdown-59.76%-88.30%
Current Drawdown0.00%0.00%

Correlation

0.56
-1.001.00

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.


400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%OctoberNovemberDecember2024FebruaryMarch
349.81%
1,455.70%
AVEMX
PXD

Compare stocks, funds, or ETFs


Ave Maria Value Fund

Pioneer Natural Resources Company

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AVEMX
Ave Maria Value Fund
1.18
PXD
Pioneer Natural Resources Company
1.66

AVEMX vs. PXD - Sharpe Ratio Comparison

The current AVEMX Sharpe Ratio is 1.18, which roughly equals the PXD Sharpe Ratio of 1.66. The chart below compares the 12-month rolling Sharpe Ratio of AVEMX and PXD.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00OctoberNovemberDecember2024FebruaryMarch
1.18
1.66
AVEMX
PXD

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.


TTM20232022202120202019201820172016201520142013
AVEMX
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%
PXD
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


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch00
AVEMX
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.


2.00%4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
2.66%
3.57%
AVEMX
PXD