EPLCX vs. AVERX

Last updated Jun 4, 2026

EPLCX (MainStay Epoch U.S. Equity Yield Fund) and AVERX (Ave Maria Value Focused Fund) are both Large Cap Value Equities funds. Over the past year, EPLCX returned 25.49% vs 16.66% for AVERX. A 0.54 correlation means they provide meaningful diversification when combined. EPLCX charges 0.73%/yr vs 1.26%/yr for AVERX.

Performance

EPLCX vs. AVERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay Epoch U.S. Equity Yield Fund (EPLCX) 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, EPLCX achieves a 13.83% return, which is significantly lower than AVERX's 17.13% return.

EPLCX

• 1D: 0.99%
• 1M: 5.26%
• YTD: 13.83%
• 6M: 13.93%
• 1Y: 25.49%
• 3Y*: 19.05%
• 5Y*: 11.74%
• 10Y*: 11.09%

AVERX

• 1D: 0.60%
• 1M: -2.04%
• YTD: 17.13%
• 6M: 16.12%
• 1Y: 16.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPLCX vs. AVERX - Yearly Performance Comparison

	2026 (YTD)	2025
EPLCX MainStay Epoch U.S. Equity Yield Fund	13.83%	15.84%
AVERX Ave Maria Value Focused Fund	17.13%	0.37%

Correlation

The correlation between EPLCX and AVERX is 0.54, 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	0.54
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.54

The correlation between EPLCX and AVERX has been stable across timeframes, ranging from 0.54 to 0.54 - a consistent structural relationship.

Return for Risk

EPLCX vs. AVERX — Risk / Return Rank

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

EPLCX

EPLCX Risk / Return Rank: 81
EPLCX Sharpe Ratio Rank: 82
EPLCX Sortino Ratio Rank: 81
EPLCX Omega Ratio Rank: 72
EPLCX Calmar Ratio Rank: 86
EPLCX Martin Ratio Rank: 85

AVERX

AVERX Risk / Return Rank: 14
AVERX Sharpe Ratio Rank: 12
AVERX Sortino Ratio Rank: 12
AVERX Omega Ratio Rank: 11
AVERX Calmar Ratio Rank: 22
AVERX Martin Ratio Rank: 14

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.

EPLCX vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay Epoch U.S. Equity Yield Fund (EPLCX) 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.

	EPLCX	AVERX	Difference
Sharpe ratio: Return per unit of total volatility	2.68	0.93	+1.74
Sortino ratio: Return per unit of downside risk	3.84	1.37	+2.47
Omega ratio: Gain probability vs. loss probability	1.48	1.17	+0.31
Calmar ratio: Return relative to maximum drawdown	4.17	1.72	+2.44
Martin ratio: Return relative to average drawdown	16.35	4.09	+12.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPLCX vs. AVERX - Sharpe Ratio Comparison

The current EPLCX Sharpe Ratio is 2.68, which is higher than the AVERX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of EPLCX 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.

Sharpe Ratios by Period

	EPLCX	AVERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	0.93	+1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.85	-0.08

Drawdowns

EPLCX vs. AVERX - Drawdown Comparison

The maximum EPLCX drawdown since its inception was -35.85%, which is greater than AVERX's maximum drawdown of -11.33%. Use the drawdown chart below to compare losses from any high point for EPLCX and AVERX.

Drawdown Indicators

	EPLCX	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	-35.85%	-11.33%	-24.52%
Max Drawdown (1Y) Largest decline over 1 year	-6.37%	-10.27%	+3.90%
Max Drawdown (3Y) Largest decline over 3 years	-14.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.85%	—	—
Current Drawdown Current decline from peak	0.00%	-8.88%	+8.88%
Average Drawdown Average peak-to-trough decline	-3.54%	-5.73%	+2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	4.32%	-2.70%

Volatility

EPLCX vs. AVERX - Volatility Comparison

The current volatility for MainStay Epoch U.S. Equity Yield Fund (EPLCX) is 2.99%, while Ave Maria Value Focused Fund (AVERX) has a volatility of 4.32%. This indicates that EPLCX 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

	EPLCX	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.99%	4.32%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	7.45%	14.70%	-7.25%
Volatility (1Y) Calculated over the trailing 1-year period	9.91%	19.00%	-9.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.50%	18.86%	-5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	18.86%	-3.19%

EPLCX vs. AVERX - Expense Ratio Comparison

EPLCX has a 0.73% expense ratio, which is lower than AVERX's 1.26% expense ratio.

Dividends

EPLCX vs. AVERX - Dividend Comparison

EPLCX's dividend yield for the trailing twelve months is around 6.46%, more than AVERX's 0.35% yield.

Position	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%
EPLCX MainStay Epoch U.S. Equity Yield Fund	6.46%	7.30%	10.72%	5.56%	3.83%	1.90%	2.36%	4.00%	5.75%	5.55%	1.98%	6.59%

Frequently Asked Questions

Can I hold both EPLCX and AVERX in my portfolio?

EPLCX and AVERX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPLCX or AVERX?

AVERX has higher volatility (4.32%) compared to EPLCX (2.99%). In terms of maximum drawdown, EPLCX dropped -35.85% vs AVERX's -11.33%.

Which has better risk-adjusted returns?

EPLCX currently has the higher Sharpe Ratio (2.68 vs 0.93), 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.