AVERX vs. AVALX

Last updated Apr 1, 2026

Compare and contrast key facts about Ave Maria Value Focused Fund (AVERX) and Aegis Value Fund (AVALX).

AVERX is a passively managed fund by Schwartz Investment Counsel that tracks the performance of the S&P 500® Index. It was launched on Jan 1, 1984. AVALX is managed by Aegis. It was launched on May 15, 1998.

Performance

AVERX vs. AVALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ave Maria Value Focused Fund (AVERX) and Aegis Value Fund (AVALX). The values are adjusted to include any dividend payments, if applicable.

AVERX vs. AVALX - Yearly Performance Comparison

	2026 (YTD)	2025
AVERX Ave Maria Value Focused Fund	18.00%	0.37%
AVALX Aegis Value Fund	13.53%	44.91%

Returns By Period

In the year-to-date period, AVERX achieves a 18.00% return, which is significantly higher than AVALX's 13.53% return.

AVERX

• 1D: -2.95%
• 1M: -7.71%
• YTD: 18.00%
• 6M: 17.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVALX

• 1D: -0.54%
• 1M: -4.89%
• YTD: 13.53%
• 6M: 24.20%
• 1Y: 69.86%
• 3Y*: 28.86%
• 5Y*: 25.16%
• 10Y*: 21.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVERX vs. AVALX - Expense Ratio Comparison

AVERX has a 1.26% expense ratio, which is lower than AVALX's 1.50% expense ratio.

AVALX

Aegis Value Fund

AVERX

Ave Maria Value Focused Fund

Return for Risk

AVERX vs. AVALX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVALX

AVALX Risk / Return Rank: 98
AVALX Sharpe Ratio Rank: 99
AVALX Sortino Ratio Rank: 97
AVALX Omega Ratio Rank: 96
AVALX Calmar Ratio Rank: 98
AVALX Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVERX vs. AVALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ave Maria Value Focused Fund (AVERX) and Aegis Value Fund (AVALX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVERX	AVALX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.30	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.53	+0.54

Correlation

The correlation between AVERX and AVALX is 0.60, 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.

Dividends

AVERX vs. AVALX - Dividend Comparison

AVERX's dividend yield for the trailing twelve months is around 0.35%, less than AVALX's 2.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVERX Ave Maria Value Focused Fund	0.35%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AVALX Aegis Value Fund	2.06%	2.34%	7.07%	2.23%	0.16%	0.00%	6.62%	2.36%	6.18%	0.00%	1.45%	0.04%

Drawdowns

AVERX vs. AVALX - Drawdown Comparison

The maximum AVERX drawdown since its inception was -11.33%, smaller than the maximum AVALX drawdown of -73.72%. Use the drawdown chart below to compare losses from any high point for AVERX and AVALX.

Drawdown Indicators

	AVERX	AVALX	Difference
Max Drawdown Largest peak-to-trough decline	-11.33%	-73.72%	+62.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-48.34%	—
Current Drawdown Current decline from peak	-8.20%	-6.09%	-2.11%
Average Drawdown Average peak-to-trough decline	-5.38%	-11.01%	+5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.67%	—

Volatility

Volatility by Period

	AVERX	AVALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.10%	21.15%	-2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.10%	22.62%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	22.32%	-3.22%