AVDE vs. DFAI
Compare and contrast key facts about Avantis International Equity ETF (AVDE) and Dimensional International Core Equity Market ETF (DFAI).
AVDE and DFAI 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. DFAI is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Nov 17, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVDE or DFAI.
Key characteristics
| AVDE | DFAI | |
|---|---|---|
| YTD Return | 6.85% | 8.17% |
| 1Y Return | 1.90% | 3.82% |
| 5Y Return (Ann) | 5.73% | 5.28% |
| 10Y Return (Ann) | 5.73% | 5.28% |
| Sharpe Ratio | 0.16 | 0.26 |
| Daily Std Dev | 20.01% | 19.44% |
| Max Drawdown | -36.99% | -27.44% |
Correlation
The correlation between AVDE and DFAI is 0.99, 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. DFAI - Performance Comparison
In the year-to-date period, AVDE achieves a 6.85% return, which is significantly lower than DFAI's 8.17% return. Over the past 10 years, AVDE has outperformed DFAI with an annualized return of 5.73%, while DFAI has yielded a comparatively lower 5.28% 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. DFAI - Dividend Comparison
AVDE's dividend yield for the trailing twelve months is around 2.61%, less than DFAI's 2.86% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 2.61% | 2.79% | 2.53% | 1.72% | 0.31% |
DFAI Dimensional International Core Equity Market ETF | 2.86% | 2.73% | 2.12% | 0.10% | 0.00% |
AVDE vs. DFAI - Expense Ratio Comparison
AVDE vs. DFAI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and Dimensional International Core Equity Market ETF (DFAI). 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 | 0.16 | ||||
DFAI Dimensional International Core Equity Market ETF | 0.26 |
AVDE vs. DFAI - Drawdown Comparison
The maximum AVDE drawdown for the period was -16.76%, roughly equal to the maximum DFAI drawdown of -15.66%. The drawdown chart below compares losses from any high point along the way for AVDE and DFAI
AVDE vs. DFAI - Volatility Comparison
Avantis International Equity ETF (AVDE) and Dimensional International Core Equity Market ETF (DFAI) have volatilities of 3.43% and 3.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.