AVDEX vs. DGEIX
Compare and contrast key facts about Avantis International Equity Fund (AVDEX) and DFA Global Equity Portfolio Institutional Class (DGEIX).
AVDEX is managed by Avantis Investors. It was launched on Dec 4, 2019. DGEIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 24, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVDEX or DGEIX.
Key characteristics
| AVDEX | DGEIX | |
|---|---|---|
| YTD Return | 7.92% | 15.34% |
| 1Y Return | 18.33% | 27.37% |
| 3Y Return (Ann) | 2.19% | 5.95% |
| Sharpe Ratio | 1.57 | 2.45 |
| Sortino Ratio | 2.20 | 3.35 |
| Omega Ratio | 1.27 | 1.45 |
| Calmar Ratio | 1.70 | 3.28 |
| Martin Ratio | 9.27 | 16.05 |
| Ulcer Index | 2.12% | 1.81% |
| Daily Std Dev | 12.53% | 11.81% |
| Max Drawdown | -36.28% | -59.77% |
| Current Drawdown | -5.49% | -2.74% |
Correlation
The correlation between AVDEX and DGEIX is 0.89, 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.
Performance
AVDEX vs. DGEIX - Performance Comparison
In the year-to-date period, AVDEX achieves a 7.92% return, which is significantly lower than DGEIX's 15.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVDEX vs. DGEIX - Expense Ratio Comparison
AVDEX has a 0.23% expense ratio, which is lower than DGEIX's 0.25% 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%.
Risk-Adjusted Performance
AVDEX vs. DGEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity Fund (AVDEX) and DFA Global Equity Portfolio Institutional Class (DGEIX). 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.
Dividends
AVDEX vs. DGEIX - Dividend Comparison
AVDEX's dividend yield for the trailing twelve months is around 2.93%, less than DGEIX's 3.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDEX Avantis International Equity Fund | 2.93% | 3.17% | 2.22% | 3.46% | 1.67% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGEIX DFA Global Equity Portfolio Institutional Class | 3.34% | 3.82% | 4.92% | 4.31% | 2.37% | 2.22% | 2.62% | 2.15% | 1.90% | 1.98% | 1.88% | 1.70% |
Drawdowns
AVDEX vs. DGEIX - Drawdown Comparison
The maximum AVDEX drawdown since its inception was -36.28%, smaller than the maximum DGEIX drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for AVDEX and DGEIX. For additional features, visit the drawdowns tool.
Volatility
AVDEX vs. DGEIX - Volatility Comparison
Avantis International Equity Fund (AVDEX) and DFA Global Equity Portfolio Institutional Class (DGEIX) have volatilities of 2.52% and 2.61%, 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.