AVDE vs. IBTH
AVDE (Avantis International Equity ETF) and IBTH (iShares iBonds Dec 2027 Term Treasury ETF) are both exchange-traded funds - AVDE is a Foreign Large Cap Equities fund actively managed by Avantis, while IBTH is a Government Bonds fund tracking the ICE 2027 Maturity US Treasury Index. AVDE is actively managed, while IBTH is passively managed. Over the past 5 years, AVDE returned 9.98%/yr vs 0.42%/yr for IBTH. At a 0.05 correlation, their price movements are largely independent. AVDE charges 0.23%/yr vs 0.07%/yr for IBTH.
Performance
AVDE vs. IBTH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVDE achieves a 10.87% return, which is significantly higher than IBTH's 1.03% return.
AVDE
- 1D
- 0.59%
- 1M
- 1.98%
- YTD
- 10.87%
- 6M
- 12.42%
- 1Y
- 27.50%
- 3Y*
- 19.56%
- 5Y*
- 9.98%
- 10Y*
- —
IBTH
- 1D
- -0.02%
- 1M
- 0.23%
- YTD
- 1.03%
- 6M
- 1.29%
- 1Y
- 3.81%
- 3Y*
- 4.16%
- 5Y*
- 0.42%
- 10Y*
- —
AVDE vs. IBTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 10.87% | 38.05% | 4.88% | 17.18% | -13.68% | 13.62% | 20.53% |
IBTH iShares iBonds Dec 2027 Term Treasury ETF | 1.03% | 5.29% | 3.22% | 4.38% | -9.75% | -3.43% | 4.20% |
Correlation
The correlation between AVDE and IBTH is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | 0.05 |
Over the past year, AVDE and IBTH have become more correlated (0.26) than their long-term average of 0.05, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVDE vs. IBTH — Risk / Return Rank
AVDE
IBTH
AVDE vs. IBTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and iShares iBonds Dec 2027 Term Treasury ETF (IBTH). 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 | IBTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.98 | ||
| Sortino ratioReturn per unit of downside risk | -4.79 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.96 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 10.03 | -7.73 |
| Martin ratioReturn relative to average drawdown | 9.00 | 41.28 | -32.29 |
Loading charts...
Drawdowns
AVDE vs. IBTH - Drawdown Comparison
The maximum AVDE drawdown since its inception was -36.99%, which is greater than IBTH's maximum drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for AVDE and IBTH.
Loading charts...
Drawdown Indicators
| AVDE | IBTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.99% | -16.16% | -20.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -0.38% | -11.10% |
Max Drawdown (3Y)Largest decline over 3 years | -13.46% | -2.09% | -11.37% |
Max Drawdown (5Y)Largest decline over 5 years | -28.73% | -14.41% | -14.32% |
Current DrawdownCurrent decline from peak | -1.09% | -1.25% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -6.15% | -6.69% | +0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 0.09% | +2.85% |
Volatility
AVDE vs. IBTH - Volatility Comparison
Avantis International Equity ETF (AVDE) has a higher volatility of 5.57% compared to iShares iBonds Dec 2027 Term Treasury ETF (IBTH) at 0.20%. This indicates that AVDE's price experiences larger fluctuations and is considered to be riskier than IBTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVDE | IBTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.57% | 0.20% | +5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 12.80% | 0.54% | +12.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.06% | 1.03% | +14.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.39% | 4.19% | +12.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.93% | 4.20% | +14.73% |
AVDE vs. IBTH - Expense Ratio Comparison
AVDE has a 0.23% expense ratio, which is higher than IBTH's 0.07% 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. IBTH - Dividend Comparison
AVDE's dividend yield for the trailing twelve months is around 3.84%, which matches IBTH's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 3.84% | 2.66% | 3.29% | 3.01% | 2.79% | 2.46% | 1.63% | 0.29% |
IBTH iShares iBonds Dec 2027 Term Treasury ETF | 3.82% | 3.92% | 4.04% | 3.61% | 2.00% | 0.77% | 0.50% | 0.00% |
Frequently Asked Questions
AVDE and IBTH have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVDE has higher volatility (5.57%) compared to IBTH (0.20%). In terms of maximum drawdown, AVDE dropped -36.99% vs IBTH's -16.16%.
On 5-year performance, AVDE leads with 9.98% vs 0.42% for IBTH. On fees, IBTH is cheaper at 0.07% per year. On volatility, IBTH has been the lower-risk option at 0.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AVDE has performed better with a 9.98% return vs 0.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBTH is cheaper with a 0.07% expense ratio, compared with 0.23% for AVDE.
AVDE has the higher dividend yield at 3.84%, compared with 3.82% for IBTH.
AVDE is categorized as Foreign Large Cap Equities, while IBTH is Government Bonds. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.23% for AVDE and 0.07% for IBTH.
IBTH currently has the higher Sharpe Ratio (3.74 vs 1.76), 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.
Find the right allocation for AVDE and IBTH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer