AVDE vs. AVLV
Compare and contrast key facts about Avantis International Equity ETF (AVDE) and Avantis U.S. Large Cap Value ETF (AVLV).
AVDE and AVLV 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. AVLV is a passively managed fund by American Century Investments that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 21, 2021. Both AVDE and AVLV 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 AVLV.
Performance
AVDE vs. AVLV - Performance Comparison
Returns By Period
In the year-to-date period, AVDE achieves a 6.07% return, which is significantly lower than AVLV's 20.61% return.
AVDE
6.07%
-3.51%
-0.68%
13.22%
6.50%
N/A
AVLV
20.61%
3.04%
10.20%
30.09%
N/A
N/A
Key characteristics
| AVDE | AVLV | |
|---|---|---|
| Sharpe Ratio | 1.00 | 2.35 |
| Sortino Ratio | 1.43 | 3.31 |
| Omega Ratio | 1.17 | 1.43 |
| Calmar Ratio | 1.72 | 3.50 |
| Martin Ratio | 5.02 | 13.14 |
| Ulcer Index | 2.55% | 2.25% |
| Daily Std Dev | 12.85% | 12.59% |
| Max Drawdown | -36.99% | -19.34% |
| Current Drawdown | -7.02% | -1.32% |
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AVDE vs. AVLV - Expense Ratio Comparison
AVDE has a 0.23% expense ratio, which is higher than AVLV's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between AVDE and AVLV is 0.80, 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.
Risk-Adjusted Performance
AVDE vs. AVLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and Avantis U.S. Large Cap Value ETF (AVLV). 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. AVLV - Dividend Comparison
AVDE's dividend yield for the trailing twelve months is around 3.09%, more than AVLV's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 3.09% | 3.01% | 2.79% | 2.46% | 1.63% | 0.29% |
AVLV Avantis U.S. Large Cap Value ETF | 1.54% | 1.85% | 2.00% | 0.29% | 0.00% | 0.00% |
Drawdowns
AVDE vs. AVLV - Drawdown Comparison
The maximum AVDE drawdown since its inception was -36.99%, which is greater than AVLV's maximum drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for AVDE and AVLV. For additional features, visit the drawdowns tool.
Volatility
AVDE vs. AVLV - Volatility Comparison
The current volatility for Avantis International Equity ETF (AVDE) is 3.78%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 4.50%. This indicates that AVDE experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.