PAGDX vs. AVEDX
PAGDX (Permanent Portfolio Aggressive Growth Fund Class A) and AVEDX (Ave Maria Rising Dividend Fund) are both Large Cap Blend Equities funds. Over the past 5 years, PAGDX returned 17.24%/yr vs 8.53%/yr for AVEDX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. PAGDX charges 1.46%/yr vs 0.90%/yr for AVEDX.
Performance
PAGDX vs. AVEDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PAGDX achieves a 6.76% return, which is significantly higher than AVEDX's 3.83% return.
PAGDX
- 1D
- 1.18%
- 1M
- -3.16%
- 6M
- 3.35%
- YTD
- 6.76%
- 1Y
- 24.34%
- 3Y*
- 30.89%
- 5Y*
- 17.24%
- 10Y*
- —
- ALL TIME*
- 19.16%
AVEDX
- 1D
- -0.72%
- 1M
- 0.82%
- 6M
- -0.92%
- YTD
- 3.83%
- 1Y
- 1.41%
- 3Y*
- 7.44%
- 5Y*
- 8.53%
- 10Y*
- 10.75%
- ALL TIME*
- 9.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PAGDX vs. AVEDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAGDX Permanent Portfolio Aggressive Growth Fund Class A | 6.76% | 36.58% | 44.15% | 38.39% | -26.25% | 24.53% | 37.32% | 40.01% | -12.62% | 19.29% |
AVEDX Ave Maria Rising Dividend Fund | 3.83% | -0.43% | 14.36% | 26.37% | -5.18% | 25.31% | 6.46% | 27.56% | -4.83% | 16.84% |
Correlation
The correlation between PAGDX and AVEDX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.76 |
Over the past year, the correlation between PAGDX and AVEDX has dropped to 0.43 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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
PAGDX vs. AVEDX — Risk / Return Rank
PAGDX
AVEDX
PAGDX vs. AVEDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Aggressive Growth Fund Class A (PAGDX) and Ave Maria Rising Dividend Fund (AVEDX). 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.
| PAGDX | AVEDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.00 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | -0.05 | +2.35 |
| Martin ratioReturn relative to average drawdown | 6.78 | -0.10 | +6.88 |
Loading charts...
Drawdowns
PAGDX vs. AVEDX - Drawdown Comparison
The maximum PAGDX drawdown since its inception was -38.03%, smaller than the maximum AVEDX drawdown of -47.25%. Use the drawdown chart below to compare losses from any high point for PAGDX and AVEDX.
Loading charts...
Drawdown Indicators
| PAGDX | AVEDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.03% | -47.25% | +9.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.20% | -10.86% | +1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -26.37% | -15.53% | -10.84% |
Max Drawdown (5Y)Largest decline over 5 years | -36.66% | -16.85% | -19.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.91% | — |
Current DrawdownCurrent decline from peak | -8.13% | -5.88% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -7.32% | -5.84% | -1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 5.56% | -2.44% |
Volatility
PAGDX vs. AVEDX - Volatility Comparison
Permanent Portfolio Aggressive Growth Fund Class A (PAGDX) has a higher volatility of 4.20% compared to Ave Maria Rising Dividend Fund (AVEDX) at 3.71%. This indicates that PAGDX's price experiences larger fluctuations and is considered to be riskier than AVEDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PAGDX | AVEDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 3.71% | +0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 13.89% | 9.19% | +4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.13% | 12.52% | +5.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.54% | 16.50% | +8.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.88% | 17.97% | +6.91% |
PAGDX vs. AVEDX - Expense Ratio Comparison
PAGDX has a 1.46% expense ratio, which is higher than AVEDX's 0.90% expense ratio.
Dividends
PAGDX vs. AVEDX - Dividend Comparison
PAGDX's dividend yield for the trailing twelve months is around 0.03%, less than AVEDX's 5.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEDX Ave Maria Rising Dividend Fund | 5.38% | 5.49% | 6.43% | 12.61% | 7.94% | 10.53% | 2.60% | 8.03% | 10.88% | 6.32% | 6.95% | 7.11% |
PAGDX Permanent Portfolio Aggressive Growth Fund Class A | 0.03% | 0.03% | 5.48% | 2.59% | 7.53% | 6.80% | 14.94% | 16.97% | 12.25% | 8.50% | 0.00% | 0.00% |
Frequently Asked Questions
PAGDX and AVEDX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAGDX has higher volatility (4.20%) compared to AVEDX (3.71%). In terms of maximum drawdown, PAGDX dropped -38.03% vs AVEDX's -47.25%.
PAGDX currently has the higher Sharpe Ratio (1.17 vs -0.05), 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 PAGDX and AVEDX
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