AVDE vs. DFSI

Last updated Jun 4, 2026

AVDE (Avantis International Equity ETF) and DFSI (Dimensional International Sustainability Core 1 ETF) are both Foreign Large Cap Equities funds. AVDE is passively managed, while DFSI is actively managed. Over the past 3 years, AVDE returned 20.15%/yr vs 16.80%/yr for DFSI. With a 0.96 correlation, they move nearly in lockstep. AVDE charges 0.23%/yr vs 0.24%/yr for DFSI.

Performance

AVDE vs. DFSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Equity ETF (AVDE) and Dimensional International Sustainability Core 1 ETF (DFSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVDE achieves a 10.55% return, which is significantly higher than DFSI's 5.54% return.

AVDE

• 1D: -0.87%
• 1M: 3.07%
• YTD: 10.55%
• 6M: 13.51%
• 1Y: 27.80%
• 3Y*: 20.15%
• 5Y*: 9.92%
• 10Y*: —

DFSI

• 1D: -0.92%
• 1M: 2.26%
• YTD: 5.54%
• 6M: 8.46%
• 1Y: 19.10%
• 3Y*: 16.80%
• 5Y*: —
• 10Y*: —

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

AVDE vs. DFSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVDE Avantis International Equity ETF	10.55%	38.05%	4.88%	17.18%	11.29%
DFSI Dimensional International Sustainability Core 1 ETF	5.54%	33.62%	4.98%	17.86%	11.99%

Correlation

The correlation between AVDE and DFSI is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (All Time) Calculated using the full available price history since Nov 3, 2022	0.96

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

AVDE vs. DFSI - Sectors Allocation Comparison

Sectors	AVDE	DFSI
Financial Services	23.8%	27.7%
Industrials	20.3%	27.9%
Basic Materials	11.2%	7.4%
Consumer Cyclical	9.3%	14.2%
Energy	8.0%	1.3%
Technology	7.1%	3.0%
Healthcare	5.8%	3.7%
Consumer Defensive	4.6%	8.1%
Utilities	4.4%	1.7%
Communication Services	3.8%	1.8%
Real Estate	1.7%	3.4%

Return for Risk

AVDE vs. DFSI — Risk / Return Rank

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

AVDE

AVDE Risk / Return Rank: 54
AVDE Sharpe Ratio Rank: 55
AVDE Sortino Ratio Rank: 55
AVDE Omega Ratio Rank: 55
AVDE Calmar Ratio Rank: 48
AVDE Martin Ratio Rank: 55

DFSI

DFSI Risk / Return Rank: 35
DFSI Sharpe Ratio Rank: 36
DFSI Sortino Ratio Rank: 35
DFSI Omega Ratio Rank: 36
DFSI Calmar Ratio Rank: 32
DFSI Martin Ratio Rank: 38

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. DFSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and Dimensional International Sustainability Core 1 ETF (DFSI). 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.

	AVDE	DFSI	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.28	+0.65
Sortino ratio: Return per unit of downside risk	2.70	1.88	+0.82
Omega ratio: Gain probability vs. loss probability	1.35	1.24	+0.11
Calmar ratio: Return relative to maximum drawdown	2.43	1.57	+0.87
Martin ratio: Return relative to average drawdown	9.60	5.94	+3.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVDE vs. DFSI - Sharpe Ratio Comparison

The current AVDE Sharpe Ratio is 1.93, which is higher than the DFSI Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of AVDE and DFSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVDE	DFSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	1.28	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.36	-0.71

Drawdowns

AVDE vs. DFSI - Drawdown Comparison

The maximum AVDE drawdown since its inception was -36.99%, which is greater than DFSI's maximum drawdown of -12.82%. Use the drawdown chart below to compare losses from any high point for AVDE and DFSI.

Drawdown Indicators

	AVDE	DFSI	Difference
Max Drawdown Largest peak-to-trough decline	-36.99%	-12.82%	-24.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-12.26%	+0.78%
Max Drawdown (3Y) Largest decline over 3 years	-13.46%	-12.82%	-0.64%
Max Drawdown (5Y) Largest decline over 5 years	-28.73%	—	—
Current Drawdown Current decline from peak	-1.38%	-3.15%	+1.77%
Average Drawdown Average peak-to-trough decline	-6.17%	-2.62%	-3.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	3.22%	-0.32%

Volatility

AVDE vs. DFSI - Volatility Comparison

Avantis International Equity ETF (AVDE) and Dimensional International Sustainability Core 1 ETF (DFSI) have volatilities of 4.70% and 4.63%, 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	DFSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	4.63%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	12.11%	12.67%	-0.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.48%	14.97%	-0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.29%	15.24%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.90%	15.24%	+3.66%

AVDE vs. DFSI - Expense Ratio Comparison

AVDE has a 0.23% expense ratio, which is lower than DFSI's 0.24% 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. DFSI - Dividend Comparison

AVDE's dividend yield for the trailing twelve months is around 2.52%, more than DFSI's 2.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDE Avantis International Equity ETF	2.52%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%
DFSI Dimensional International Sustainability Core 1 ETF	2.14%	2.23%	2.39%	2.10%	0.18%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVDE and DFSI in my portfolio?

With a correlation of 0.96, AVDE and DFSI 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 DFSI?

AVDE has higher volatility (4.70%) compared to DFSI (4.63%). In terms of maximum drawdown, AVDE dropped -36.99% vs DFSI's -12.82%.

Which ETF is better, AVDE or DFSI?

On 3-year performance, AVDE leads with 20.15% vs 16.80% for DFSI. On fees, AVDE is cheaper at 0.23% 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 DFSI?

Over the 3-year period, AVDE has performed better with a 20.15% return vs 16.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVDE or DFSI?

AVDE is cheaper with a 0.23% expense ratio, compared with 0.24% for DFSI.

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

AVDE has the higher dividend yield at 2.52%, compared with 2.14% for DFSI.

What is the main difference between AVDE and DFSI?

They also come from different issuers: American Century and Dimensional. Their fees differ too: 0.23% for AVDE and 0.24% for DFSI.

Which has better risk-adjusted returns?

AVDE currently has the higher Sharpe Ratio (1.93 vs 1.28), 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.