ETIMX vs. AVEMX
Compare and contrast key facts about Eventide Multi-Asset Income Fund (ETIMX) and Ave Maria Value Fund (AVEMX).
ETIMX is managed by Eventide Funds. It was launched on Jul 14, 2015. AVEMX is managed by Ave Maria Mutual Funds. It was launched on May 1, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETIMX or AVEMX.
Correlation
The correlation between ETIMX and AVEMX is 0.73, 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.
Performance
ETIMX vs. AVEMX - Performance Comparison
Key characteristics
ETIMX:
1.36
AVEMX:
1.07
ETIMX:
1.94
AVEMX:
1.58
ETIMX:
1.23
AVEMX:
1.21
ETIMX:
0.95
AVEMX:
1.25
ETIMX:
7.45
AVEMX:
4.31
ETIMX:
1.53%
AVEMX:
4.22%
ETIMX:
8.34%
AVEMX:
16.97%
ETIMX:
-23.88%
AVEMX:
-60.09%
ETIMX:
-5.37%
AVEMX:
-13.29%
Returns By Period
In the year-to-date period, ETIMX achieves a 10.14% return, which is significantly lower than AVEMX's 21.51% return.
ETIMX
10.14%
-3.51%
3.85%
10.61%
6.47%
N/A
AVEMX
21.51%
-7.29%
14.68%
16.96%
7.54%
3.12%
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ETIMX vs. AVEMX - Expense Ratio Comparison
ETIMX has a 0.82% expense ratio, which is lower than AVEMX's 0.97% expense ratio.
Risk-Adjusted Performance
ETIMX vs. AVEMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Multi-Asset Income Fund (ETIMX) and Ave Maria Value Fund (AVEMX). 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.
Dividends
ETIMX vs. AVEMX - Dividend Comparison
ETIMX's dividend yield for the trailing twelve months is around 1.56%, more than AVEMX's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETIMX Eventide Multi-Asset Income Fund | 1.56% | 1.62% | 1.95% | 1.54% | 1.88% | 2.91% | 3.94% | 3.02% | 2.38% | 0.46% |
AVEMX Ave Maria Value Fund | 0.67% | 0.82% | 1.15% | 0.27% | 0.47% | 0.04% | 0.00% | 0.00% | 0.00% | 0.07% |
Drawdowns
ETIMX vs. AVEMX - Drawdown Comparison
The maximum ETIMX drawdown since its inception was -23.88%, smaller than the maximum AVEMX drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for ETIMX and AVEMX. For additional features, visit the drawdowns tool.
Volatility
ETIMX vs. AVEMX - Volatility Comparison
The current volatility for Eventide Multi-Asset Income Fund (ETIMX) is 2.92%, while Ave Maria Value Fund (AVEMX) has a volatility of 8.20%. This indicates that ETIMX experiences smaller price fluctuations and is considered to be less risky than AVEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.