AVDE vs. AVEM
Compare and contrast key facts about Avantis International Equity ETF (AVDE) and Avantis Emerging Markets Equity ETF (AVEM).
AVDE and AVEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVDE is a passively managed fund by American Century Investments that tracks the performance of the MSCI World ex-USA IMI Index. It was launched on Sep 24, 2019. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019. Both AVDE and AVEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVDE or AVEM.
Key characteristics
| AVDE | AVEM | |
|---|---|---|
| YTD Return | 3.36% | 2.04% |
| 1Y Return | 9.89% | 13.18% |
| 3Y Return (Ann) | 2.61% | -2.74% |
| Sharpe Ratio | 0.80 | 0.89 |
| Daily Std Dev | 12.62% | 14.54% |
| Max Drawdown | -36.99% | -36.05% |
| Current Drawdown | -2.15% | -11.19% |
Correlation
The correlation between AVDE and AVEM is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AVDE vs. AVEM - Performance Comparison
In the year-to-date period, AVDE achieves a 3.36% return, which is significantly higher than AVEM's 2.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVDE vs. AVEM - Expense Ratio Comparison
AVDE has a 0.23% expense ratio, which is lower than AVEM's 0.33% expense ratio.
Risk-Adjusted Performance
AVDE vs. AVEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) 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.
Dividends
AVDE vs. AVEM - Dividend Comparison
AVDE's dividend yield for the trailing twelve months is around 2.91%, less than AVEM's 2.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 2.91% | 3.01% | 2.79% | 2.46% | 1.63% | 0.29% |
AVEM Avantis Emerging Markets Equity ETF | 2.99% | 3.06% | 2.77% | 2.61% | 1.60% | 0.34% |
Drawdowns
AVDE vs. AVEM - Drawdown Comparison
The maximum AVDE drawdown since its inception was -36.99%, roughly equal to the maximum AVEM drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for AVDE and AVEM. For additional features, visit the drawdowns tool.
Volatility
AVDE vs. AVEM - Volatility Comparison
The current volatility for Avantis International Equity ETF (AVDE) is 3.23%, while Avantis Emerging Markets Equity ETF (AVEM) has a volatility of 3.84%. This indicates that AVDE experiences smaller price fluctuations and is considered to be less risky than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.