VILLX vs. AVEFX

Last updated Aug 4, 2026

VILLX (Villere Balanced Fund) and AVEFX (Ave Maria Bond Fund) are both Diversified Portfolio funds. Their 0.61 correlation means they have sometimes moved together and sometimes differently. VILLX charges 0.99%/yr vs 0.41%/yr for AVEFX.

Performance

VILLX vs. AVEFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Villere Balanced Fund (VILLX) and Ave Maria Bond Fund (AVEFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VILLX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AVEFX

• 1D: -0.65%
• 1M: -0.16%
• 6M: -0.16%
• YTD: 1.67%
• 1Y: 3.49%
• 3Y*: 5.60%
• 5Y*: 2.91%
• 10Y*: 3.78%
• ALL TIME*: 4.09%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVEFX Ave Maria Bond Fund	$0.00	$0.00	$0.00

VILLX vs. AVEFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VILLX Villere Balanced Fund	1.75%	3.52%	2.02%	10.67%	-19.60%	7.19%	11.01%	21.85%	-6.08%	9.13%
AVEFX Ave Maria Bond Fund	1.67%	5.63%	5.71%	5.16%	-2.84%	4.38%	5.60%	8.30%	0.41%	4.16%

Correlation

The correlation between VILLX and AVEFX is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.54
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.63
Correlation (10Y) Provides a long-term view across more market conditions.	0.66
Correlation (All Time) Calculated using the full available price history since May 6, 2003	0.61

The correlation between VILLX and AVEFX shifts across timeframes, from 0.54 (1 year) to 0.66 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

VILLX vs. AVEFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VILLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AVEFX

AVEFX Risk / Return Rank: 31
AVEFX Sharpe Ratio Rank: 37
AVEFX Sortino Ratio Rank: 38
AVEFX Omega Ratio Rank: 35
AVEFX Calmar Ratio Rank: 27
AVEFX Martin Ratio Rank: 20

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VILLX vs. AVEFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Villere Balanced Fund (VILLX) and Ave Maria Bond Fund (AVEFX). 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.

	VILLX	AVEFX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.23	—
Sortino ratio: Return per unit of downside risk	—	1.83	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.33	—
Martin ratio: Return relative to average drawdown	—	3.02	—

Drawdowns

Drawdown Indicators

	VILLX	AVEFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-10.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-10.24%	—
Current Drawdown Current decline from peak	—	-1.90%	—
Average Drawdown Average peak-to-trough decline	—	-0.98%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.24%	—

Volatility

Volatility by Period

	VILLX	AVEFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	3.05%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.14%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.03%	—

VILLX vs. AVEFX - Expense Ratio Comparison

VILLX has a 0.99% expense ratio, which is higher than AVEFX's 0.41% expense ratio.

Dividends

VILLX vs. AVEFX - Dividend Comparison

VILLX's dividend yield for the trailing twelve months is around 17.90%, more than AVEFX's 3.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVEFX Ave Maria Bond Fund	3.38%	3.51%	2.94%	2.47%	3.59%	2.32%	2.43%	3.31%	3.21%	2.04%	2.94%	1.89%
VILLX Villere Balanced Fund	17.90%	1.33%	1.24%	1.67%	4.17%	11.87%	6.12%	0.73%	7.15%	0.70%	0.90%	14.72%

Frequently Asked Questions

Can I hold both VILLX and AVEFX in my portfolio?

VILLX and AVEFX 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.