AVERX vs. FALIX

Last updated Apr 1, 2026

Compare and contrast key facts about Ave Maria Value Focused Fund (AVERX) and Fidelity Advisor Large Cap Fund Class I (FALIX).

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. FALIX is managed by Fidelity. It was launched on Feb 20, 1996.

Performance

AVERX vs. FALIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ave Maria Value Focused Fund (AVERX) and Fidelity Advisor Large Cap Fund Class I (FALIX). The values are adjusted to include any dividend payments, if applicable.

AVERX vs. FALIX - Yearly Performance Comparison

	2026 (YTD)	2025
AVERX Ave Maria Value Focused Fund	18.00%	0.37%
FALIX Fidelity Advisor Large Cap Fund Class I	0.00%	23.60%

Returns By Period

AVERX

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

FALIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -1.18%
• 1Y: 21.95%
• 3Y*: 20.59%
• 5Y*: 14.03%
• 10Y*: 14.62%

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

AVERX vs. FALIX - Expense Ratio Comparison

AVERX has a 1.26% expense ratio, which is higher than FALIX's 0.54% expense ratio.

AVERX

Ave Maria Value Focused Fund

FALIX

Fidelity Advisor Large Cap Fund Class I

Return for Risk

AVERX vs. FALIX — Risk / Return Rank

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

FALIX

FALIX Risk / Return Rank: 70
FALIX Sharpe Ratio Rank: 80
FALIX Sortino Ratio Rank: 82
FALIX Omega Ratio Rank: 93
FALIX Calmar Ratio Rank: 47
FALIX Martin Ratio Rank: 48

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. FALIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ave Maria Value Focused Fund (AVERX) and Fidelity Advisor Large Cap Fund Class I (FALIX). 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	FALIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.48	+0.58

Correlation

The correlation between AVERX and FALIX is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AVERX vs. FALIX - Dividend Comparison

AVERX's dividend yield for the trailing twelve months is around 0.35%, less than FALIX's 5.86% 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%
FALIX Fidelity Advisor Large Cap Fund Class I	5.86%	5.86%	6.10%	3.43%	2.28%	6.51%	5.39%	8.35%	16.78%	6.13%	2.25%	3.16%

Drawdowns

AVERX vs. FALIX - Drawdown Comparison

The maximum AVERX drawdown since its inception was -11.33%, smaller than the maximum FALIX drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for AVERX and FALIX.

Drawdown Indicators

	AVERX	FALIX	Difference
Max Drawdown Largest peak-to-trough decline	-11.33%	-62.37%	+51.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.51%	—
Current Drawdown Current decline from peak	-8.20%	-4.17%	-4.03%
Average Drawdown Average peak-to-trough decline	-5.38%	-13.32%	+7.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.90%	—

Volatility

Volatility by Period

	AVERX	FALIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.10%	17.16%	+1.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.10%	16.55%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	18.62%	+0.48%