AVDE vs. DFIV

Last updated Jun 23, 2026

AVDE (Avantis International Equity ETF) and DFIV (Dimensional International Value ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past 3 years, AVDE returned 20.76%/yr vs 23.86%/yr for DFIV. With a 0.96 correlation, they move nearly in lockstep. AVDE charges 0.23%/yr vs 0.27%/yr for DFIV.

Performance

AVDE vs. DFIV - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with AVDE having a 11.70% return and DFIV slightly lower at 11.48%.

AVDE

• 1D: 0.44%
• 1M: 1.17%
• YTD: 11.70%
• 6M: 11.84%
• 1Y: 30.26%
• 3Y*: 20.76%
• 5Y*: 10.72%
• 10Y*: —

DFIV

• 1D: 0.36%
• 1M: -0.05%
• YTD: 11.48%
• 6M: 11.84%
• 1Y: 35.09%
• 3Y*: 23.86%
• 5Y*: —
• 10Y*: —

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

AVDE vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVDE Avantis International Equity ETF	11.70%	38.05%	4.88%	17.18%	-13.68%	-0.91%
DFIV Dimensional International Value ETF	11.48%	45.36%	7.26%	17.75%	-3.70%	0.50%

Correlation

The correlation between AVDE and DFIV is 0.95 - 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Sep 13, 2021	0.96

The correlation between AVDE and DFIV has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

AVDE vs. DFIV - Sectors Allocation Comparison

Sectors	AVDE	DFIV
Financial Services	23.9%	32.4%
Industrials	20.2%	9.8%
Basic Materials	11.4%	11.4%
Consumer Cyclical	9.4%	10.0%
Technology	8.0%	3.2%
Energy	7.4%	15.3%
Healthcare	5.7%	4.9%
Consumer Defensive	4.3%	4.9%
Communication Services	4.1%	4.3%
Utilities	4.0%	2.2%
Real Estate	1.5%	1.7%

Return for Risk

AVDE vs. DFIV — Risk / Return Rank

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

AVDE

AVDE Risk / Return Rank: 61
AVDE Sharpe Ratio Rank: 64
AVDE Sortino Ratio Rank: 62
AVDE Omega Ratio Rank: 63
AVDE Calmar Ratio Rank: 55
AVDE Martin Ratio Rank: 60

DFIV

DFIV Risk / Return Rank: 78
DFIV Sharpe Ratio Rank: 82
DFIV Sortino Ratio Rank: 81
DFIV Omega Ratio Rank: 80
DFIV Calmar Ratio Rank: 74
DFIV Martin Ratio Rank: 76

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. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and Dimensional International Value ETF (DFIV). 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	DFIV	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.51	-0.48
Sortino ratio: Return per unit of downside risk	2.80	3.42	-0.62
Omega ratio: Gain probability vs. loss probability	1.37	1.45	-0.09
Calmar ratio: Return relative to maximum drawdown	2.65	3.65	-1.00
Martin ratio: Return relative to average drawdown	10.35	14.00	-3.65

AVDE vs. DFIV - Sharpe Ratio Comparison

The current AVDE Sharpe Ratio is 2.03, which is comparable to the DFIV Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of AVDE and DFIV, 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. DFIV - Drawdown Comparison

The maximum AVDE drawdown since its inception was -36.99%, which is greater than DFIV's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for AVDE and DFIV.

Drawdown Indicators

	AVDE	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-36.99%	-25.42%	-11.57%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-9.66%	-1.82%
Max Drawdown (3Y) Largest decline over 3 years	-13.46%	-14.72%	+1.26%
Max Drawdown (5Y) Largest decline over 5 years	-28.73%	—	—
Current Drawdown Current decline from peak	-0.36%	-1.07%	+0.71%
Average Drawdown Average peak-to-trough decline	-6.13%	-4.45%	-1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	2.51%	+0.42%

Volatility

AVDE vs. DFIV - Volatility Comparison

Avantis International Equity ETF (AVDE) has a higher volatility of 4.95% compared to Dimensional International Value ETF (DFIV) at 4.14%. This indicates that AVDE's price experiences larger fluctuations and is considered to be riskier than DFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVDE	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	4.14%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	12.78%	11.44%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	15.01%	14.06%	+0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.37%	16.63%	-0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.91%	16.63%	+2.28%

AVDE vs. DFIV - Expense Ratio Comparison

AVDE has a 0.23% expense ratio, which is lower than DFIV's 0.27% expense ratio. Despite the difference, 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. DFIV - Dividend Comparison

AVDE's dividend yield for the trailing twelve months is around 3.81%, more than DFIV's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDE Avantis International Equity ETF	3.81%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%
DFIV Dimensional International Value ETF	2.55%	2.92%	3.88%	3.93%	3.84%	2.30%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVDE and DFIV in my portfolio?

With a correlation of 0.95, AVDE and DFIV 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 DFIV?

AVDE has higher volatility (4.95%) compared to DFIV (4.14%). In terms of maximum drawdown, AVDE dropped -36.99% vs DFIV's -25.42%.

Which ETF is better, AVDE or DFIV?

On 3-year performance, DFIV leads with 23.86% vs 20.76% for AVDE. On fees, AVDE is cheaper at 0.23% per year. On volatility, DFIV has been the lower-risk option at 4.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVDE or DFIV?

Over the 3-year period, DFIV has performed better with a 23.86% return vs 20.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVDE or DFIV?

AVDE is cheaper with a 0.23% expense ratio, compared with 0.27% for DFIV.

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

AVDE has the higher dividend yield at 3.81%, compared with 2.55% for DFIV.

What is the main difference between AVDE and DFIV?

They also come from different issuers: Avantis and Dimensional. Their fees differ too: 0.23% for AVDE and 0.27% for DFIV.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.51 vs 2.03), 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.