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.
Key characteristics
| AVDE | AVLV | |
|---|---|---|
| YTD Return | 6.09% | 0.36% |
| 1Y Return | 0.18% | -3.43% |
| 5Y Return (Ann) | 5.51% | 0.24% |
| 10Y Return (Ann) | 5.51% | 0.24% |
| Sharpe Ratio | 0.06 | -0.07 |
| Daily Std Dev | 20.00% | 21.42% |
| Max Drawdown | -36.99% | -19.34% |
Correlation
The correlation between AVDE and AVLV is 0.82, 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.
AVDE vs. AVLV - Performance Comparison
In the year-to-date period, AVDE achieves a 6.09% return, which is significantly higher than AVLV's 0.36% return. Over the past 10 years, AVDE has outperformed AVLV with an annualized return of 5.51%, while AVLV has yielded a comparatively lower 0.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
AVDE vs. AVLV - Dividend Comparison
AVDE's dividend yield for the trailing twelve months is around 2.63%, more than AVLV's 2.57% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 2.63% | 2.79% | 2.53% | 1.72% | 0.31% |
AVLV Avantis U.S. Large Cap Value ETF | 2.57% | 2.01% | 0.29% | 0.00% | 0.00% |
AVDE vs. AVLV - Expense Ratio Comparison
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 0.06 | ||||
AVLV Avantis U.S. Large Cap Value ETF | -0.07 |
AVDE vs. AVLV - Drawdown Comparison
The maximum AVDE drawdown for the period was -16.76%, lower than the maximum AVLV drawdown of -10.75%. The drawdown chart below compares losses from any high point along the way for AVDE and AVLV
AVDE vs. AVLV - Volatility Comparison
The current volatility for Avantis International Equity ETF (AVDE) is 3.48%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 4.55%. 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.