VLEQX vs. VILLX

Last updated Jun 3, 2026

VLEQX (Villere Equity Fund) and VILLX (Villere Balanced Fund) are both mutual funds - VLEQX is a Mid Cap Growth Equities fund managed by Villere, while VILLX is a Diversified Portfolio fund managed by Villere. Over the past 10 years, VLEQX returned 3.62%/yr vs 4.14%/yr for VILLX. With a 0.99 correlation, they move nearly in lockstep. VLEQX charges 1.22%/yr vs 0.99%/yr for VILLX.

Performance

VLEQX vs. VILLX - Performance Comparison

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

Returns By Period

In the year-to-date period, VLEQX achieves a 4.52% return, which is significantly higher than VILLX's 2.66% return. Over the past 10 years, VLEQX has underperformed VILLX with an annualized return of 3.62%, while VILLX has yielded a comparatively higher 4.14% annualized return.

VLEQX

• 1D: -0.09%
• 1M: -0.09%
• YTD: 4.52%
• 6M: 5.66%
• 1Y: 4.80%
• 3Y*: 3.52%
• 5Y*: -2.45%
• 10Y*: 3.62%

VILLX

• 1D: -0.10%
• 1M: -0.43%
• YTD: 2.66%
• 6M: 3.62%
• 1Y: 4.03%
• 3Y*: 4.34%
• 5Y*: -0.44%
• 10Y*: 4.14%

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

VLEQX vs. VILLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VLEQX Villere Equity Fund	4.52%	0.26%	1.50%	11.37%	-24.50%	5.80%	14.77%	24.50%	-6.98%	7.34%
VILLX Villere Balanced Fund	2.66%	3.52%	2.02%	10.67%	-19.60%	7.19%	11.01%	21.85%	-6.08%	9.13%

Correlation

The correlation between VLEQX and VILLX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.99

The correlation between VLEQX and VILLX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

VLEQX vs. VILLX — Risk / Return Rank

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

VLEQX

VLEQX Risk / Return Rank: 6
VLEQX Sharpe Ratio Rank: 5
VLEQX Sortino Ratio Rank: 5
VLEQX Omega Ratio Rank: 5
VLEQX Calmar Ratio Rank: 6
VLEQX Martin Ratio Rank: 6

VILLX

VILLX Risk / Return Rank: 6
VILLX Sharpe Ratio Rank: 6
VILLX Sortino Ratio Rank: 5
VILLX Omega Ratio Rank: 5
VILLX Calmar Ratio Rank: 6
VILLX Martin Ratio Rank: 6

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.

VLEQX vs. VILLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Villere Equity Fund (VLEQX) and Villere Balanced Fund (VILLX). 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.

	VLEQX	VILLX	Difference
Sharpe ratio Return per unit of total volatility	0.44	0.47	-0.03
Sortino ratio Return per unit of downside risk	0.70	0.74	-0.03
Omega ratio Gain probability vs. loss probability	1.08	1.09	0.00
Calmar ratio Return relative to maximum drawdown	0.63	0.66	-0.03
Martin ratio Return relative to average drawdown	1.72	1.86	-0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VLEQX vs. VILLX - Sharpe Ratio Comparison

The current VLEQX Sharpe Ratio is 0.44, which is comparable to the VILLX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of VLEQX and VILLX, 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

	VLEQX	VILLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	0.47	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	-0.03	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.27	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.37	-0.27

Drawdowns

VLEQX vs. VILLX - Drawdown Comparison

The maximum VLEQX drawdown since its inception was -35.60%, smaller than the maximum VILLX drawdown of -47.62%. Use the drawdown chart below to compare losses from any high point for VLEQX and VILLX.

Drawdown Indicators

	VLEQX	VILLX	Difference
Max Drawdown Largest peak-to-trough decline	-35.60%	-47.62%	+12.02%
Max Drawdown (1Y) Largest decline over 1 year	-8.09%	-6.40%	-1.69%
Max Drawdown (3Y) Largest decline over 3 years	-19.24%	-15.51%	-3.73%
Max Drawdown (5Y) Largest decline over 5 years	-33.46%	-27.47%	-5.99%
Max Drawdown (10Y) Largest decline over 10 years	-35.60%	-32.55%	-3.05%
Current Drawdown Current decline from peak	-15.57%	-7.48%	-8.09%
Average Drawdown Average peak-to-trough decline	-12.45%	-8.63%	-3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.28%	+0.68%

Volatility

VLEQX vs. VILLX - Volatility Comparison

Villere Equity Fund (VLEQX) has a higher volatility of 2.20% compared to Villere Balanced Fund (VILLX) at 1.99%. This indicates that VLEQX's price experiences larger fluctuations and is considered to be riskier than VILLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VLEQX	VILLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.20%	1.99%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	7.82%	6.26%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	11.32%	8.81%	+2.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.15%	14.73%	+4.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.20%	15.43%	+3.77%

VLEQX vs. VILLX - Expense Ratio Comparison

VLEQX has a 1.22% expense ratio, which is higher than VILLX's 0.99% expense ratio.

Dividends

VLEQX vs. VILLX - Dividend Comparison

VLEQX's dividend yield for the trailing twelve months is around 0.51%, less than VILLX's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VILLX Villere Balanced Fund	1.29%	1.33%	1.24%	1.67%	4.17%	11.87%	6.12%	0.73%	7.15%	0.70%	0.90%	14.72%
VLEQX Villere Equity Fund	0.51%	0.54%	0.40%	4.64%	2.88%	8.24%	0.73%	0.17%	0.34%	0.00%	0.11%	1.76%

Frequently Asked Questions

Can I hold both VLEQX and VILLX in my portfolio?

With a correlation of 0.98, VLEQX and VILLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VLEQX or VILLX?

VLEQX has higher volatility (2.20%) compared to VILLX (1.99%). In terms of maximum drawdown, VLEQX dropped -35.60% vs VILLX's -47.62%.

Which has better risk-adjusted returns?

VILLX currently has the higher Sharpe Ratio (0.47 vs 0.44), 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.