AVDE vs. DFIC

Last updated Jun 24, 2026

AVDE (Avantis International Equity ETF) and DFIC (DFA Dimensional International Core Equity 2 ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past 3 years, AVDE returned 19.94%/yr vs 18.77%/yr for DFIC. With a 0.99 correlation, they move nearly in lockstep. AVDE charges 0.23%/yr vs 0.22%/yr for DFIC.

Performance

AVDE vs. DFIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Equity ETF (AVDE) and DFA Dimensional International Core Equity 2 ETF (DFIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVDE achieves a 9.44% return, which is significantly higher than DFIC's 7.68% return.

AVDE

• 1D: -2.02%
• 1M: -0.88%
• YTD: 9.44%
• 6M: 8.96%
• 1Y: 26.87%
• 3Y*: 19.94%
• 5Y*: 10.08%
• 10Y*: —

DFIC

• 1D: -2.96%
• 1M: -2.35%
• YTD: 7.68%
• 6M: 7.21%
• 1Y: 24.23%
• 3Y*: 18.77%
• 5Y*: —
• 10Y*: —

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

AVDE vs. DFIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVDE Avantis International Equity ETF	9.44%	38.05%	4.88%	17.18%	-9.03%
DFIC DFA Dimensional International Core Equity 2 ETF	7.68%	37.09%	4.10%	17.32%	-8.86%

Correlation

The correlation between AVDE and DFIC is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (All Time) Calculated using the full available price history since Mar 24, 2022	0.99

The correlation between AVDE and DFIC has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

AVDE vs. DFIC - Sectors Allocation Comparison

Sectors	AVDE	DFIC
Financial Services	23.9%	20.3%
Industrials	20.2%	20.0%
Basic Materials	11.4%	11.4%
Consumer Cyclical	9.4%	9.8%
Technology	8.0%	8.8%
Energy	7.4%	7.4%
Healthcare	5.7%	6.9%
Consumer Defensive	4.3%	6.0%
Communication Services	4.1%	4.3%
Utilities	4.0%	3.4%
Real Estate	1.5%	1.7%

Return for Risk

AVDE vs. DFIC — Risk / Return Rank

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

AVDE

AVDE Risk / Return Rank: 53
AVDE Sharpe Ratio Rank: 54
AVDE Sortino Ratio Rank: 53
AVDE Omega Ratio Rank: 53
AVDE Calmar Ratio Rank: 49
AVDE Martin Ratio Rank: 55

DFIC

DFIC Risk / Return Rank: 50
DFIC Sharpe Ratio Rank: 50
DFIC Sortino Ratio Rank: 49
DFIC Omega Ratio Rank: 50
DFIC Calmar Ratio Rank: 46
DFIC Martin Ratio Rank: 52

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.

AVDE vs. DFIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and DFA Dimensional International Core Equity 2 ETF (DFIC). 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.

	AVDE	DFIC	Difference
Sharpe ratio: Return per unit of total volatility	1.78	1.67	+0.12
Sortino ratio: Return per unit of downside risk	2.48	2.31	+0.17
Omega ratio: Gain probability vs. loss probability	1.32	1.31	+0.02
Calmar ratio: Return relative to maximum drawdown	2.35	2.21	+0.14
Martin ratio: Return relative to average drawdown	9.18	8.69	+0.49

AVDE vs. DFIC - Sharpe Ratio Comparison

The current AVDE Sharpe Ratio is 1.78, which is comparable to the DFIC Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of AVDE and DFIC, 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

AVDE vs. DFIC - Drawdown Comparison

The maximum AVDE drawdown since its inception was -36.99%, which is greater than DFIC's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for AVDE and DFIC.

Drawdown Indicators

	AVDE	DFIC	Difference
Max Drawdown Largest peak-to-trough decline	-36.99%	-24.40%	-12.59%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-11.00%	-0.48%
Max Drawdown (3Y) Largest decline over 3 years	-13.46%	-13.14%	-0.32%
Max Drawdown (5Y) Largest decline over 5 years	-28.73%	—	—
Current Drawdown Current decline from peak	-2.37%	-3.66%	+1.29%
Average Drawdown Average peak-to-trough decline	-6.13%	-4.51%	-1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.79%	+0.14%

Volatility

AVDE vs. DFIC - Volatility Comparison

Avantis International Equity ETF (AVDE) and DFA Dimensional International Core Equity 2 ETF (DFIC) have volatilities of 5.36% and 5.44%, 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.

Volatility by Period

	AVDE	DFIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	5.44%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	12.95%	12.46%	+0.49%
Volatility (1Y) Calculated over the trailing 1-year period	15.13%	14.60%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.39%	16.29%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.92%	16.29%	+2.63%

AVDE vs. DFIC - Expense Ratio Comparison

AVDE has a 0.23% expense ratio, which is higher than DFIC's 0.22% 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%.

Dividends

AVDE vs. DFIC - Dividend Comparison

AVDE's dividend yield for the trailing twelve months is around 3.89%, more than DFIC's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDE Avantis International Equity ETF	3.89%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%
DFIC DFA Dimensional International Core Equity 2 ETF	2.33%	2.54%	2.87%	2.55%	1.47%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVDE and DFIC in my portfolio?

With a correlation of 0.99, AVDE and DFIC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVDE or DFIC?

DFIC has higher volatility (5.44%) compared to AVDE (5.36%). In terms of maximum drawdown, AVDE dropped -36.99% vs DFIC's -24.40%.

Which ETF is better, AVDE or DFIC?

On 3-year performance, AVDE leads with 19.94% vs 18.77% for DFIC. On fees, DFIC is cheaper at 0.22% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVDE or DFIC?

Over the 3-year period, AVDE has performed better with a 19.94% return vs 18.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVDE or DFIC?

DFIC is cheaper with a 0.22% expense ratio, compared with 0.23% for AVDE.

Which ETF pays a higher dividend yield, AVDE or DFIC?

AVDE has the higher dividend yield at 3.89%, compared with 2.33% for DFIC.

What is the main difference between AVDE and DFIC?

They also come from different issuers: Avantis and Dimensional. Their fees differ too: 0.23% for AVDE and 0.22% for DFIC.

Which has better risk-adjusted returns?

AVDE currently has the higher Sharpe Ratio (1.78 vs 1.67), 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.