DDVCX vs. AVERX

Last updated Aug 1, 2026

DDVCX (Nomura Value Fund Class C) and AVERX (Ave Maria Value Focused Fund) are both Large Cap Value Equities funds. DDVCX is actively managed, while AVERX is passively managed. Over the past year, DDVCX returned 16.39% vs 26.35% for AVERX. Their 0.51 correlation means they have sometimes moved together and sometimes differently. DDVCX charges 1.72%/yr vs 1.26%/yr for AVERX.

Performance

DDVCX vs. AVERX - Performance Comparison

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

Returns By Period

In the year-to-date period, DDVCX achieves a 8.20% return, which is significantly lower than AVERX's 20.05% return.

DDVCX

• 1D: 0.31%
• 1M: 0.78%
• 6M: 2.83%
• YTD: 8.20%
• 1Y: 16.39%
• 3Y*: 7.98%
• 5Y*: 5.36%
• 10Y*: 6.75%
• ALL TIME*: 6.75%

AVERX

• 1D: 0.72%
• 1M: 2.76%
• 6M: 8.76%
• YTD: 20.05%
• 1Y: 26.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVERX Ave Maria Value Focused Fund	$0.00	$0.00	$0.00
DDVCX Nomura Value Fund Class C	$0.00	$0.00	$0.00

DDVCX vs. AVERX - Yearly Performance Comparison

	2026 (YTD)	2025
DDVCX Nomura Value Fund Class C	8.20%	16.08%
AVERX Ave Maria Value Focused Fund	20.05%	0.37%

Correlation

The correlation between DDVCX and AVERX is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.50
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.51

The correlation between DDVCX and AVERX has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.

Return for Risk

DDVCX vs. AVERX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DDVCX

DDVCX Risk / Return Rank: 34
DDVCX Sharpe Ratio Rank: 35
DDVCX Sortino Ratio Rank: 36
DDVCX Omega Ratio Rank: 34
DDVCX Calmar Ratio Rank: 37
DDVCX Martin Ratio Rank: 28

AVERX

AVERX Risk / Return Rank: 39
AVERX Sharpe Ratio Rank: 42
AVERX Sortino Ratio Rank: 40
AVERX Omega Ratio Rank: 37
AVERX Calmar Ratio Rank: 47
AVERX Martin Ratio Rank: 30

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DDVCX vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nomura Value Fund Class C (DDVCX) and Ave Maria Value Focused Fund (AVERX). 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.

	DDVCX	AVERX	Difference
Sharpe ratio: Return per unit of total volatility	1.13	1.20	-0.07
Sortino ratio: Return per unit of downside risk	1.69	1.71	-0.02
Omega ratio: Gain probability vs. loss probability	1.20	1.21	0.00
Calmar ratio: Return relative to maximum drawdown	1.57	1.77	-0.20
Martin ratio: Return relative to average drawdown	4.24	4.33	-0.08

DDVCX vs. AVERX - Sharpe Ratio Comparison

The current DDVCX Sharpe Ratio is 1.13, which is comparable to the AVERX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of DDVCX and AVERX, 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

DDVCX vs. AVERX - Drawdown Comparison

The maximum DDVCX drawdown since its inception was -54.29%, which is greater than AVERX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for DDVCX and AVERX.

Drawdown Indicators

	DDVCX	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	-54.29%	-13.39%	-40.90%
Max Drawdown (1Y) Largest decline over 1 year	-8.59%	-13.39%	+4.80%
Max Drawdown (3Y) Largest decline over 3 years	-18.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.60%	—	—
Current Drawdown Current decline from peak	-1.87%	-6.61%	+4.74%
Average Drawdown Average peak-to-trough decline	-9.00%	-6.14%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	5.47%	-2.28%

Volatility

DDVCX vs. AVERX - Volatility Comparison

The current volatility for Nomura Value Fund Class C (DDVCX) is 2.90%, while Ave Maria Value Focused Fund (AVERX) has a volatility of 4.67%. This indicates that DDVCX experiences smaller price fluctuations and is considered to be less risky than AVERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDVCX	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	4.67%	-1.77%
Volatility (6M) Calculated over the trailing 6-month period	8.92%	14.50%	-5.58%
Volatility (1Y) Calculated over the trailing 1-year period	11.96%	19.78%	-7.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.50%	18.80%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.04%	18.80%	-1.76%

DDVCX vs. AVERX - Expense Ratio Comparison

DDVCX has a 1.72% expense ratio, which is higher than AVERX's 1.26% expense ratio.

Dividends

DDVCX vs. AVERX - Dividend Comparison

DDVCX's dividend yield for the trailing twelve months is around 24.25%, more than AVERX's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVERX Ave Maria Value Focused Fund	0.34%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DDVCX Nomura Value Fund Class C	24.25%	26.55%	30.88%	10.78%	9.46%	23.96%	1.92%	4.13%	5.29%	3.08%	1.57%	1.97%

Frequently Asked Questions

Can I hold both DDVCX and AVERX in my portfolio?

DDVCX and AVERX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DDVCX or AVERX?

AVERX has higher volatility (4.67%) compared to DDVCX (2.90%). In terms of maximum drawdown, DDVCX dropped -54.29% vs AVERX's -13.39%.

Which has better risk-adjusted returns?

AVERX currently has the higher Sharpe Ratio (1.20 vs 1.13), 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.