AQLT vs. AVGV

Last updated Jun 24, 2026

AQLT (iShares MSCI Global Quality Factor ETF) and AVGV (Avantis All Equity Markets Value ETF) are both Global Equities funds. AQLT is passively managed, while AVGV is actively managed. Over the past year, AQLT returned 25.81% vs 35.25% for AVGV. Their correlation of 0.83 suggests significant overlap in exposure. AQLT charges 0.20%/yr vs 0.26%/yr for AVGV.

Performance

AQLT vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Quality Factor ETF (AQLT) and Avantis All Equity Markets Value ETF (AVGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AQLT achieves a 9.98% return, which is significantly lower than AVGV's 16.61% return.

AQLT

• 1D: -1.93%
• 1M: -1.43%
• YTD: 9.98%
• 6M: 9.31%
• 1Y: 25.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGV

• 1D: -1.36%
• 1M: 0.85%
• YTD: 16.61%
• 6M: 15.61%
• 1Y: 35.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AQLT vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AQLT iShares MSCI Global Quality Factor ETF	9.98%	17.65%	-3.38%
AVGV Avantis All Equity Markets Value ETF	16.61%	22.57%	-4.54%

Correlation

The correlation between AQLT and AVGV is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	0.83

The correlation between AQLT and AVGV has been stable across timeframes, ranging from 0.83 to 0.83 - a consistent structural relationship.

Return for Risk

AQLT vs. AVGV — Risk / Return Rank

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

AQLT

AQLT Risk / Return Rank: 59
AQLT Sharpe Ratio Rank: 60
AQLT Sortino Ratio Rank: 60
AQLT Omega Ratio Rank: 59
AQLT Calmar Ratio Rank: 53
AQLT Martin Ratio Rank: 64

AVGV

AVGV Risk / Return Rank: 84
AVGV Sharpe Ratio Rank: 85
AVGV Sortino Ratio Rank: 85
AVGV Omega Ratio Rank: 82
AVGV Calmar Ratio Rank: 84
AVGV Martin Ratio Rank: 85

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.

AQLT vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Quality Factor ETF (AQLT) and Avantis All Equity Markets Value ETF (AVGV). 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.

	AQLT	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	1.84	2.64	-0.80
Sortino ratio: Return per unit of downside risk	2.60	3.64	-1.04
Omega ratio: Gain probability vs. loss probability	1.33	1.47	-0.14
Calmar ratio: Return relative to maximum drawdown	2.43	4.36	-1.93
Martin ratio: Return relative to average drawdown	10.79	16.95	-6.16

AQLT vs. AVGV - Sharpe Ratio Comparison

The current AQLT Sharpe Ratio is 1.84, which is lower than the AVGV Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of AQLT and AVGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AQLT vs. AVGV - Drawdown Comparison

The maximum AQLT drawdown since its inception was -16.84%, roughly equal to the maximum AVGV drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for AQLT and AVGV.

Drawdown Indicators

	AQLT	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-16.84%	-17.03%	+0.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.68%	-8.12%	-2.56%
Current Drawdown Current decline from peak	-2.57%	-1.88%	-0.69%
Average Drawdown Average peak-to-trough decline	-2.31%	-2.27%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	2.09%	+0.31%

Volatility

AQLT vs. AVGV - Volatility Comparison

iShares MSCI Global Quality Factor ETF (AQLT) has a higher volatility of 5.33% compared to Avantis All Equity Markets Value ETF (AVGV) at 4.56%. This indicates that AQLT's price experiences larger fluctuations and is considered to be riskier than AVGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AQLT	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	4.56%	+0.77%
Volatility (6M) Calculated over the trailing 6-month period	11.78%	10.46%	+1.32%
Volatility (1Y) Calculated over the trailing 1-year period	14.09%	13.41%	+0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.18%	15.03%	+2.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.18%	15.03%	+2.15%

AQLT vs. AVGV - Expense Ratio Comparison

AQLT has a 0.20% expense ratio, which is lower than AVGV's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AQLT vs. AVGV - Dividend Comparison

AQLT's dividend yield for the trailing twelve months is around 1.01%, less than AVGV's 2.49% yield.

Position	TTM	2025	2024	2023
AQLT iShares MSCI Global Quality Factor ETF	1.01%	1.05%	0.02%	0.00%
AVGV Avantis All Equity Markets Value ETF	2.49%	1.98%	2.32%	1.14%

Frequently Asked Questions

Can I hold both AQLT and AVGV in my portfolio?

AQLT and AVGV have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AQLT or AVGV?

AQLT has higher volatility (5.33%) compared to AVGV (4.56%). In terms of maximum drawdown, AQLT dropped -16.84% vs AVGV's -17.03%.

Which ETF is better, AQLT or AVGV?

On 1-year performance, AVGV leads with 35.25% vs 25.81% for AQLT. On fees, AQLT is cheaper at 0.20% per year. On volatility, AVGV has been the lower-risk option at 4.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AQLT or AVGV?

Over the 1-year period, AVGV has performed better with a 35.25% return vs 25.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AQLT or AVGV?

AQLT is cheaper with a 0.20% expense ratio, compared with 0.26% for AVGV.

Which ETF pays a higher dividend yield, AQLT or AVGV?

AVGV has the higher dividend yield at 2.49%, compared with 1.01% for AQLT.

What is the main difference between AQLT and AVGV?

They also come from different issuers: iShares and Avantis. Their fees differ too: 0.20% for AQLT and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.64 vs 1.84), 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.