AVLVX vs. LOMAX

Last updated Jun 24, 2026

AVLVX (Avantis U.S. Large Cap Value Fund Institutional Class) and LOMAX (Edgar Lomax Value Fund) are both Large Cap Value Equities funds. Over the past 3 years, AVLVX returned 23.58%/yr vs 16.71%/yr for LOMAX. Their correlation of 0.82 suggests significant overlap in exposure. AVLVX charges 0.15%/yr vs 0.70%/yr for LOMAX.

Performance

AVLVX vs. LOMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) and Edgar Lomax Value Fund (LOMAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVLVX achieves a 23.32% return, which is significantly higher than LOMAX's 10.68% return.

AVLVX

• 1D: 0.88%
• 1M: 3.89%
• YTD: 23.32%
• 6M: 22.17%
• 1Y: 41.21%
• 3Y*: 23.58%
• 5Y*: —
• 10Y*: —

LOMAX

• 1D: 0.51%
• 1M: -0.06%
• YTD: 10.68%
• 6M: 10.34%
• 1Y: 24.20%
• 3Y*: 16.71%
• 5Y*: 10.45%
• 10Y*: 10.88%

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

AVLVX vs. LOMAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	23.32%	15.23%	16.93%	16.75%	8.38%
LOMAX Edgar Lomax Value Fund	10.68%	18.09%	10.29%	5.19%	9.67%

Correlation

The correlation between AVLVX and LOMAX is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022	0.82

The correlation between AVLVX and LOMAX shifts across timeframes, from 0.64 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AVLVX vs. LOMAX — Risk / Return Rank

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

AVLVX

AVLVX Risk / Return Rank: 95
AVLVX Sharpe Ratio Rank: 97
AVLVX Sortino Ratio Rank: 94
AVLVX Omega Ratio Rank: 89
AVLVX Calmar Ratio Rank: 97
AVLVX Martin Ratio Rank: 98

LOMAX

LOMAX Risk / Return Rank: 85
LOMAX Sharpe Ratio Rank: 84
LOMAX Sortino Ratio Rank: 84
LOMAX Omega Ratio Rank: 71
LOMAX Calmar Ratio Rank: 94
LOMAX Martin Ratio Rank: 91

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.

AVLVX vs. LOMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) and Edgar Lomax Value Fund (LOMAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVLVX	LOMAX	Difference
Sharpe ratio: Return per unit of total volatility	3.33	2.52	+0.80
Sortino ratio: Return per unit of downside risk	4.54	3.70	+0.84
Omega ratio: Gain probability vs. loss probability	1.59	1.43	+0.17
Calmar ratio: Return relative to maximum drawdown	7.02	5.18	+1.85
Martin ratio: Return relative to average drawdown	27.87	16.86	+11.01

AVLVX vs. LOMAX - Sharpe Ratio Comparison

The current AVLVX Sharpe Ratio is 3.33, which is higher than the LOMAX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of AVLVX and LOMAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVLVX vs. LOMAX - Drawdown Comparison

The maximum AVLVX drawdown since its inception was -19.51%, smaller than the maximum LOMAX drawdown of -57.82%. Use the drawdown chart below to compare losses from any high point for AVLVX and LOMAX.

Drawdown Indicators

	AVLVX	LOMAX	Difference
Max Drawdown Largest peak-to-trough decline	-19.51%	-57.82%	+38.31%
Max Drawdown (1Y) Largest decline over 1 year	-6.01%	-4.86%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-19.51%	-11.93%	-7.58%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.81%	—
Current Drawdown Current decline from peak	-0.15%	-2.30%	+2.15%
Average Drawdown Average peak-to-trough decline	-3.17%	-9.39%	+6.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	1.49%	+0.02%

Volatility

AVLVX vs. LOMAX - Volatility Comparison

Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) has a higher volatility of 4.06% compared to Edgar Lomax Value Fund (LOMAX) at 3.36%. This indicates that AVLVX's price experiences larger fluctuations and is considered to be riskier than LOMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVLVX	LOMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	3.36%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	7.19%	+2.23%
Volatility (1Y) Calculated over the trailing 1-year period	12.70%	9.97%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	13.22%	+3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.54%	16.52%	+0.02%

AVLVX vs. LOMAX - Expense Ratio Comparison

AVLVX has a 0.15% expense ratio, which is lower than LOMAX's 0.70% expense ratio.

Dividends

AVLVX vs. LOMAX - Dividend Comparison

AVLVX's dividend yield for the trailing twelve months is around 2.69%, less than LOMAX's 5.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	2.69%	3.32%	1.61%	1.59%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LOMAX Edgar Lomax Value Fund	5.73%	6.34%	6.27%	4.66%	7.73%	5.11%	12.52%	2.16%	15.97%	8.80%	2.68%	15.54%

Frequently Asked Questions

Can I hold both AVLVX and LOMAX in my portfolio?

AVLVX and LOMAX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVLVX or LOMAX?

AVLVX has higher volatility (4.06%) compared to LOMAX (3.36%). In terms of maximum drawdown, AVLVX dropped -19.51% vs LOMAX's -57.82%.

Which has better risk-adjusted returns?

AVLVX currently has the higher Sharpe Ratio (3.33 vs 2.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.