AVDE vs. VNQ
AVDE (Avantis International Equity ETF) and VNQ (Vanguard Real Estate ETF) are both exchange-traded funds - AVDE is a Foreign Large Cap Equities fund actively managed by Avantis, while VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. AVDE is actively managed, while VNQ is passively managed. Over the past 5 years, AVDE returned 10.79%/yr vs 2.59%/yr for VNQ. A 0.59 correlation means they provide meaningful diversification when combined. AVDE charges 0.23%/yr vs 0.13%/yr for VNQ.
Performance
AVDE vs. VNQ - Performance Comparison
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Returns By Period
In the year-to-date period, AVDE achieves a 11.00% return, which is significantly higher than VNQ's 9.20% return.
AVDE
- 1D
- -0.83%
- 1M
- 1.32%
- YTD
- 11.00%
- 6M
- 13.23%
- 1Y
- 28.57%
- 3Y*
- 19.26%
- 5Y*
- 10.79%
- 10Y*
- —
VNQ
- 1D
- -2.50%
- 1M
- 0.63%
- YTD
- 9.20%
- 6M
- 9.07%
- 1Y
- 10.97%
- 3Y*
- 8.75%
- 5Y*
- 2.59%
- 10Y*
- 5.20%
AVDE vs. VNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 11.00% | 38.05% | 4.88% | 17.18% | -13.68% | 13.62% | 8.26% | 7.95% |
VNQ Vanguard Real Estate ETF | 9.20% | 3.24% | 4.81% | 11.85% | -26.25% | 40.54% | -4.61% | 1.03% |
Correlation
The correlation between AVDE and VNQ is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.59 |
The correlation between AVDE and VNQ has been stable across timeframes, ranging from 0.49 to 0.59 - a consistent structural relationship.
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Return for Risk
AVDE vs. VNQ — Risk / Return Rank
AVDE
VNQ
AVDE vs. VNQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity ETF (AVDE) and Vanguard Real Estate ETF (VNQ). 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 | VNQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.15 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 1.32 | +1.18 |
| Martin ratioReturn relative to average drawdown | 9.78 | 4.15 | +5.63 |
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Drawdowns
AVDE vs. VNQ - Drawdown Comparison
The maximum AVDE drawdown since its inception was -36.99%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for AVDE and VNQ.
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Drawdown Indicators
| AVDE | VNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.99% | -73.07% | +36.08% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -8.34% | -3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -13.46% | -17.46% | +4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -28.73% | -34.48% | +5.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.40% | — |
Current DrawdownCurrent decline from peak | -0.98% | -2.94% | +1.96% |
Average DrawdownAverage peak-to-trough decline | -6.14% | -13.60% | +7.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.65% | +0.28% |
Volatility
AVDE vs. VNQ - Volatility Comparison
Avantis International Equity ETF (AVDE) and Vanguard Real Estate ETF (VNQ) have volatilities of 5.27% and 5.08%, 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.
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Volatility by Period
| AVDE | VNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.27% | 5.08% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 12.81% | 10.13% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.05% | 13.75% | +1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.39% | 18.88% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.92% | 20.74% | -1.82% |
AVDE vs. VNQ - Expense Ratio Comparison
AVDE has a 0.23% expense ratio, which is higher than VNQ's 0.13% 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. VNQ - Dividend Comparison
AVDE's dividend yield for the trailing twelve months is around 3.83%, more than VNQ's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDE Avantis International Equity ETF | 3.83% | 2.66% | 3.29% | 3.01% | 2.79% | 2.46% | 1.63% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% |
VNQ Vanguard Real Estate ETF | 3.65% | 3.92% | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% |
Frequently Asked Questions
AVDE and VNQ have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVDE has higher volatility (5.27%) compared to VNQ (5.08%). In terms of maximum drawdown, AVDE dropped -36.99% vs VNQ's -73.07%.
On 5-year performance, AVDE leads with 10.79% vs 2.59% for VNQ. On fees, VNQ is cheaper at 0.13% per year. On volatility, VNQ has been the lower-risk option at 5.08%. 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 10.79% return vs 2.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VNQ is cheaper with a 0.13% expense ratio, compared with 0.23% for AVDE.
AVDE has the higher dividend yield at 3.83%, compared with 3.65% for VNQ.
AVDE is categorized as Foreign Large Cap Equities, while VNQ is REIT. They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.23% for AVDE and 0.13% for VNQ.
AVDE currently has the higher Sharpe Ratio (1.91 vs 0.80), 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.
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