LZFIX vs. AVERX
LZFIX (Lazard Equity Franchise Portfolio) and AVERX (Ave Maria Value Focused Fund) are both Large Cap Value Equities funds. Over the past year, LZFIX returned -16.73% vs 12.79% for AVERX. At a 0.35 correlation, their price movements are largely independent. LZFIX charges 0.99%/yr vs 1.26%/yr for AVERX.
Performance
LZFIX vs. AVERX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LZFIX achieves a -8.19% return, which is significantly lower than AVERX's 11.43% return.
LZFIX
- 1D
- 0.46%
- 1M
- -3.08%
- YTD
- -8.19%
- 6M
- -7.94%
- 1Y
- -16.73%
- 3Y*
- -0.50%
- 5Y*
- 1.64%
- 10Y*
- —
AVERX
- 1D
- -0.13%
- 1M
- -8.08%
- YTD
- 11.43%
- 6M
- 9.66%
- 1Y
- 12.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LZFIX vs. AVERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LZFIX Lazard Equity Franchise Portfolio | -8.19% | -3.98% |
AVERX Ave Maria Value Focused Fund | 11.43% | 0.37% |
Correlation
The correlation between LZFIX and AVERX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LZFIX vs. AVERX — Risk / Return Rank
LZFIX
AVERX
LZFIX vs. AVERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Equity Franchise Portfolio (LZFIX) 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.
| LZFIX | AVERX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.13 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 1.00 | -1.73 |
| Martin ratioReturn relative to average drawdown | -1.25 | 2.70 | -3.95 |
Loading charts...
Drawdowns
LZFIX vs. AVERX - Drawdown Comparison
The maximum LZFIX drawdown since its inception was -41.91%, which is greater than AVERX's maximum drawdown of -13.31%. Use the drawdown chart below to compare losses from any high point for LZFIX and AVERX.
Loading charts...
Drawdown Indicators
| LZFIX | AVERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.91% | -13.31% | -28.60% |
Max Drawdown (1Y)Largest decline over 1 year | -21.51% | -13.31% | -8.20% |
Max Drawdown (3Y)Largest decline over 3 years | -21.51% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.69% | — | — |
Current DrawdownCurrent decline from peak | -19.19% | -13.31% | -5.88% |
Average DrawdownAverage peak-to-trough decline | -7.06% | -5.94% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.63% | 4.91% | +7.72% |
Volatility
LZFIX vs. AVERX - Volatility Comparison
The current volatility for Lazard Equity Franchise Portfolio (LZFIX) is 4.11%, while Ave Maria Value Focused Fund (AVERX) has a volatility of 5.22%. This indicates that LZFIX 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.
Loading charts...
Volatility by Period
| LZFIX | AVERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 5.22% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 14.63% | -3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.05% | 19.50% | -4.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.80% | 18.89% | -1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.05% | 18.89% | +2.16% |
LZFIX vs. AVERX - Expense Ratio Comparison
LZFIX has a 0.99% expense ratio, which is lower than AVERX's 1.26% expense ratio.
Dividends
LZFIX vs. AVERX - Dividend Comparison
LZFIX's dividend yield for the trailing twelve months is around 22.74%, more than AVERX's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AVERX Ave Maria Value Focused Fund | 0.37% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LZFIX Lazard Equity Franchise Portfolio | 22.74% | 20.87% | 14.95% | 8.68% | 12.81% | 15.59% | 1.12% | 5.78% |
Frequently Asked Questions
LZFIX and AVERX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVERX has higher volatility (5.22%) compared to LZFIX (4.11%). In terms of maximum drawdown, LZFIX dropped -41.91% vs AVERX's -13.31%.
AVERX currently has the higher Sharpe Ratio (0.68 vs -1.06), 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.
Find the right allocation for LZFIX and AVERX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer