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AVDE vs. VEA

Last updated Jun 3, 2023

Compare and contrast key facts about Avantis International Equity ETF (AVDE) and Vanguard FTSE Developed Markets ETF (VEA).

AVDE and VEA 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. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007. Both AVDE and VEA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVDE or VEA.

Key characteristics


AVDEVEA
YTD Return8.14%9.99%
1Y Return1.38%3.06%
5Y Return (Ann)6.04%3.68%
10Y Return (Ann)6.04%5.14%
Sharpe Ratio0.160.26
Daily Std Dev20.13%19.89%
Max Drawdown-36.99%-60.70%

Correlation

0.98
-1.001.00

The correlation between AVDE and VEA is 0.98, 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. VEA - Performance Comparison

In the year-to-date period, AVDE achieves a 8.14% return, which is significantly lower than VEA's 9.99% return. Over the past 10 years, AVDE has outperformed VEA with an annualized return of 6.04%, while VEA has yielded a comparatively lower 5.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%2023FebruaryMarchAprilMayJune
7.48%
8.41%
AVDE
VEA

Compare stocks, funds, or ETFs


Avantis International Equity ETF

AVDE vs. VEA - Dividend Comparison

AVDE's dividend yield for the trailing twelve months is around 2.58%, less than VEA's 3.00% yield.


TTM20222021202020192018201720162015201420132012
AVDE
Avantis International Equity ETF
2.58%2.79%2.53%1.72%0.31%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VEA
Vanguard FTSE Developed Markets ETF
3.00%2.92%3.27%2.18%3.32%3.78%3.22%3.65%3.60%4.67%3.41%4.02%

AVDE vs. VEA - Expense Ratio Comparison

AVDE has a 0.23% expense ratio, which is higher than VEA's 0.05% expense ratio.

AVDE vs. VEA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and Vanguard FTSE Developed Markets ETF (VEA). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AVDE
Avantis International Equity ETF
0.16
VEA
Vanguard FTSE Developed Markets ETF
0.26

AVDE vs. VEA - Sharpe Ratio Comparison

The current AVDE Sharpe Ratio is 0.16, which is lower than the VEA Sharpe Ratio of 0.26. The chart below compares the 12-month rolling Sharpe Ratio of AVDE and VEA.


-0.500.000.502023FebruaryMarchAprilMayJune
0.16
0.26
AVDE
VEA

AVDE vs. VEA - Drawdown Comparison

The maximum AVDE drawdown for the period was -16.76%, roughly equal to the maximum VEA drawdown of -18.14%. The drawdown chart below compares losses from any high point along the way for AVDE and VEA


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%2023FebruaryMarchAprilMayJune
-8.73%
-9.29%
AVDE
VEA

AVDE vs. VEA - Volatility Comparison

Avantis International Equity ETF (AVDE) and Vanguard FTSE Developed Markets ETF (VEA) have volatilities of 4.40% and 4.29%, 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.


3.00%4.00%5.00%6.00%7.00%2023FebruaryMarchAprilMayJune
4.40%
4.29%
AVDE
VEA