AVEWX vs. GAOAX
Compare and contrast key facts about Ave Maria World Equity Fund (AVEWX) and JPMorgan Global Allocation Fund A (GAOAX).
AVEWX is managed by Ave Maria Mutual Funds. It was launched on Apr 29, 2010. GAOAX is managed by JPMorgan. It was launched on May 31, 2011.
Performance
AVEWX vs. GAOAX - Performance Comparison
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AVEWX vs. GAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVEWX Ave Maria World Equity Fund | -0.60% | 10.57% | 4.64% | 24.96% | -15.48% | 21.06% | -0.15% | 27.63% | -8.87% | 17.89% |
GAOAX JPMorgan Global Allocation Fund A | -3.89% | 14.68% | 7.91% | 12.69% | -18.74% | 3.60% | 15.29% | 15.95% | -6.07% | 16.82% |
Returns By Period
In the year-to-date period, AVEWX achieves a -0.60% return, which is significantly higher than GAOAX's -3.89% return. Over the past 10 years, AVEWX has outperformed GAOAX with an annualized return of 8.13%, while GAOAX has yielded a comparatively lower 5.74% annualized return.
AVEWX
- 1D
- 3.43%
- 1M
- -5.76%
- YTD
- -0.60%
- 6M
- -3.86%
- 1Y
- 12.61%
- 3Y*
- 10.37%
- 5Y*
- 6.30%
- 10Y*
- 8.13%
GAOAX
- 1D
- 1.47%
- 1M
- -6.40%
- YTD
- -3.89%
- 6M
- -2.79%
- 1Y
- 9.60%
- 3Y*
- 8.41%
- 5Y*
- 1.86%
- 10Y*
- 5.74%
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AVEWX vs. GAOAX - Expense Ratio Comparison
AVEWX has a 1.18% expense ratio, which is higher than GAOAX's 1.04% expense ratio.
Return for Risk
AVEWX vs. GAOAX — Risk / Return Rank
AVEWX
GAOAX
AVEWX vs. GAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ave Maria World Equity Fund (AVEWX) and JPMorgan Global Allocation Fund A (GAOAX). 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.
| AVEWX | GAOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 0.86 | -0.17 |
Sortino ratioReturn per unit of downside risk | 1.08 | 1.24 | -0.16 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 1.10 | +0.05 |
Martin ratioReturn relative to average drawdown | 3.80 | 4.47 | -0.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVEWX | GAOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 0.86 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.17 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.53 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.54 | -0.13 |
Correlation
The correlation between AVEWX and GAOAX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AVEWX vs. GAOAX - Dividend Comparison
AVEWX's dividend yield for the trailing twelve months is around 2.55%, less than GAOAX's 10.04% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEWX Ave Maria World Equity Fund | 2.55% | 2.54% | 0.92% | 3.82% | 1.19% | 0.34% | 0.47% | 4.57% | 4.87% | 3.03% | 1.95% | 1.86% |
GAOAX JPMorgan Global Allocation Fund A | 10.04% | 10.15% | 2.34% | 0.00% | 4.62% | 4.61% | 1.54% | 2.43% | 2.52% | 2.95% | 2.59% | 0.96% |
Drawdowns
AVEWX vs. GAOAX - Drawdown Comparison
The maximum AVEWX drawdown since its inception was -40.26%, which is greater than GAOAX's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for AVEWX and GAOAX.
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Drawdown Indicators
| AVEWX | GAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.26% | -29.02% | -11.24% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -8.95% | -2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -25.35% | -29.02% | +3.67% |
Max Drawdown (10Y)Largest decline over 10 years | -40.26% | -29.02% | -11.24% |
Current DrawdownCurrent decline from peak | -7.23% | -7.61% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -6.01% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 2.20% | +1.21% |
Volatility
AVEWX vs. GAOAX - Volatility Comparison
Ave Maria World Equity Fund (AVEWX) has a higher volatility of 7.34% compared to JPMorgan Global Allocation Fund A (GAOAX) at 4.98%. This indicates that AVEWX's price experiences larger fluctuations and is considered to be riskier than GAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVEWX | GAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.34% | 4.98% | +2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 12.75% | 7.55% | +5.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.35% | 11.53% | +7.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 11.03% | +6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 10.81% | +7.37% |