UBVFX vs. AVERX

Last updated Jun 4, 2026

UBVFX (Undiscovered Managers Behavioral Value Fund Class R6) and AVERX (Ave Maria Value Focused Fund) are both Large Cap Value Equities funds. UBVFX is actively managed, while AVERX is passively managed. Over the past year, UBVFX returned 14.91% vs 16.66% for AVERX. A 0.53 correlation means they provide meaningful diversification when combined. UBVFX charges 0.80%/yr vs 1.26%/yr for AVERX.

Performance

UBVFX vs. AVERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Undiscovered Managers Behavioral Value Fund Class R6 (UBVFX) 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, UBVFX achieves a 7.56% return, which is significantly lower than AVERX's 17.13% return.

UBVFX

• 1D: 0.55%
• 1M: 2.19%
• YTD: 7.56%
• 6M: 8.55%
• 1Y: 14.91%
• 3Y*: 12.94%
• 5Y*: 7.39%
• 10Y*: 10.14%

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)

UBVFX vs. AVERX - Yearly Performance Comparison

	2026 (YTD)	2025
UBVFX Undiscovered Managers Behavioral Value Fund Class R6	7.56%	12.40%
AVERX Ave Maria Value Focused Fund	17.13%	0.37%

Correlation

The correlation between UBVFX and AVERX is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025	0.53

The correlation between UBVFX and AVERX has been stable across timeframes, ranging from 0.52 to 0.53 - a consistent structural relationship.

Return for Risk

UBVFX vs. AVERX — Risk / Return Rank

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

UBVFX

UBVFX Risk / Return Rank: 15
UBVFX Sharpe Ratio Rank: 13
UBVFX Sortino Ratio Rank: 15
UBVFX Omega Ratio Rank: 13
UBVFX Calmar Ratio Rank: 20
UBVFX Martin Ratio Rank: 16

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.

UBVFX vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Undiscovered Managers Behavioral Value Fund Class R6 (UBVFX) 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.

	UBVFX	AVERX	Difference
Sharpe ratio Return per unit of total volatility	1.00	0.93	+0.07
Sortino ratio Return per unit of downside risk	1.60	1.37	+0.23
Omega ratio Gain probability vs. loss probability	1.18	1.17	+0.02
Calmar ratio Return relative to maximum drawdown	1.62	1.72	-0.10
Martin ratio Return relative to average drawdown	4.50	4.09	+0.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBVFX vs. AVERX - Sharpe Ratio Comparison

The current UBVFX Sharpe Ratio is 1.00, which is comparable to the AVERX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of UBVFX 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

	UBVFX	AVERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	0.93	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.85	-0.43

Drawdowns

UBVFX vs. AVERX - Drawdown Comparison

The maximum UBVFX drawdown since its inception was -52.01%, which is greater than AVERX's maximum drawdown of -11.33%. Use the drawdown chart below to compare losses from any high point for UBVFX and AVERX.

Drawdown Indicators

	UBVFX	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	-52.01%	-11.33%	-40.68%
Max Drawdown (1Y) Largest decline over 1 year	-10.31%	-10.27%	-0.04%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.01%	—	—
Current Drawdown Current decline from peak	-2.05%	-8.88%	+6.83%
Average Drawdown Average peak-to-trough decline	-6.21%	-5.73%	-0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	4.32%	-0.62%

Volatility

UBVFX vs. AVERX - Volatility Comparison

Undiscovered Managers Behavioral Value Fund Class R6 (UBVFX) and Ave Maria Value Focused Fund (AVERX) have volatilities of 4.31% and 4.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBVFX	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	4.32%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.77%	14.70%	-3.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	19.00%	-2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.33%	18.86%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	18.86%	+5.75%

UBVFX vs. AVERX - Expense Ratio Comparison

UBVFX has a 0.80% expense ratio, which is lower than AVERX's 1.26% expense ratio.

Dividends

UBVFX vs. AVERX - Dividend Comparison

UBVFX's dividend yield for the trailing twelve months is around 8.83%, 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%
UBVFX Undiscovered Managers Behavioral Value Fund Class R6	8.83%	9.49%	7.47%	8.43%	9.05%	3.53%	1.08%	5.07%	11.74%	4.75%	3.31%	3.87%

Frequently Asked Questions

Can I hold both UBVFX and AVERX in my portfolio?

UBVFX and AVERX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UBVFX or AVERX?

AVERX has higher volatility (4.32%) compared to UBVFX (4.31%). In terms of maximum drawdown, UBVFX dropped -52.01% vs AVERX's -11.33%.

Which has better risk-adjusted returns?

UBVFX currently has the higher Sharpe Ratio (1.00 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.