5MVL.DE vs. AVEM
5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) and AVEM (Avantis Emerging Markets Equity ETF) are both Emerging Markets Equities funds. 5MVL.DE is passively managed, while AVEM is actively managed. Over the past 5 years, 5MVL.DE returned 17.86%/yr vs 10.96%/yr for AVEM. A 0.76 correlation means they provide meaningful diversification when combined. 5MVL.DE charges 0.40%/yr vs 0.33%/yr for AVEM.
Performance
5MVL.DE vs. AVEM - Performance Comparison
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Different Trading Currencies
5MVL.DE is traded in EUR, while AVEM is traded in USD. To make them comparable, the AVEM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 5MVL.DE achieves a 49.54% return, which is significantly higher than AVEM's 29.12% return.
5MVL.DE
- 1D
- -1.44%
- 1M
- 16.86%
- YTD
- 49.54%
- 6M
- 52.67%
- 1Y
- 89.40%
- 3Y*
- 35.04%
- 5Y*
- 17.86%
- 10Y*
- —
AVEM
- 1D
- -1.17%
- 1M
- 9.43%
- YTD
- 29.12%
- 6M
- 30.46%
- 1Y
- 51.92%
- 3Y*
- 22.73%
- 5Y*
- 10.96%
- 10Y*
- —
5MVL.DE vs. AVEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 49.54% | 27.25% | 21.00% | 14.58% | -10.54% | 13.07% | -2.40% | 9.29% |
AVEM Avantis Emerging Markets Equity ETF | 29.12% | 18.53% | 14.59% | 11.84% | -13.08% | 13.03% | 4.96% | 9.43% |
Correlation
The correlation between 5MVL.DE and AVEM is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2019 | 0.76 |
The correlation between 5MVL.DE and AVEM has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.
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Return for Risk
5MVL.DE vs. AVEM — Risk / Return Rank
5MVL.DE
AVEM
5MVL.DE vs. AVEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and Avantis Emerging Markets Equity ETF (AVEM). 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.
| 5MVL.DE | AVEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.79 | 1.53 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 9.56 | 4.97 | +4.59 |
| Martin ratioReturn relative to average drawdown | 31.21 | 18.77 | +12.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 5MVL.DE | AVEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.70 | 2.88 | +1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.05 | 0.66 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.65 | +0.20 |
Drawdowns
5MVL.DE vs. AVEM - Drawdown Comparison
The maximum 5MVL.DE drawdown since its inception was -32.25%, roughly equal to the maximum AVEM drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for 5MVL.DE and AVEM.
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Drawdown Indicators
| 5MVL.DE | AVEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.25% | -33.91% | +1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -10.49% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.15% | -17.94% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -20.60% | -20.20% | -0.40% |
Current DrawdownCurrent decline from peak | -1.44% | -1.17% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -6.57% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 2.77% | +0.09% |
Volatility
5MVL.DE vs. AVEM - Volatility Comparison
iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a higher volatility of 8.23% compared to Avantis Emerging Markets Equity ETF (AVEM) at 7.57%. This indicates that 5MVL.DE's price experiences larger fluctuations and is considered to be riskier than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5MVL.DE | AVEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 7.57% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 15.57% | 15.21% | +0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.97% | 18.15% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.75% | 16.65% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.82% | 19.42% | -0.60% |
5MVL.DE vs. AVEM - Expense Ratio Comparison
5MVL.DE has a 0.40% expense ratio, which is higher than AVEM's 0.33% expense ratio.
Dividends
5MVL.DE vs. AVEM - Dividend Comparison
5MVL.DE has not paid dividends to shareholders, while AVEM's dividend yield for the trailing twelve months is around 1.98%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AVEM Avantis Emerging Markets Equity ETF | 1.98% | 2.45% | 3.17% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% |
Frequently Asked Questions
5MVL.DE and AVEM have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVEM is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVEM is cheaper with a 0.33% expense ratio, compared with 0.40% for 5MVL.DE.
They also come from different issuers: iShares and Avantis. Their fees differ too: 0.40% for 5MVL.DE and 0.33% for AVEM.
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