AVDEX vs. IGAAX

Last updated Apr 2, 2026

Compare and contrast key facts about Avantis International Equity Fund (AVDEX) and American Funds International Growth and Income Fund Class A (IGAAX).

AVDEX is managed by Avantis Investors. It was launched on Dec 4, 2019. IGAAX is managed by American Funds. It was launched on Oct 1, 2008.

Performance

AVDEX vs. IGAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Equity Fund (AVDEX) and American Funds International Growth and Income Fund Class A (IGAAX). The values are adjusted to include any dividend payments, if applicable.

AVDEX vs. IGAAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AVDEX Avantis International Equity Fund	2.91%	37.35%	4.89%	16.99%	-13.90%	13.37%	8.21%	3.61%
IGAAX American Funds International Growth and Income Fund Class A	1.55%	35.09%	3.28%	15.25%	-15.47%	9.80%	7.78%	5.77%

Returns By Period

In the year-to-date period, AVDEX achieves a 2.91% return, which is significantly higher than IGAAX's 1.55% return.

AVDEX

• 1D: 3.11%
• 1M: -6.90%
• YTD: 2.91%
• 6M: 8.24%
• 1Y: 31.09%
• 3Y*: 17.40%
• 5Y*: 9.67%
• 10Y*: —

IGAAX

• 1D: 2.33%
• 1M: -7.31%
• YTD: 1.55%
• 6M: 6.45%
• 1Y: 26.97%
• 3Y*: 14.95%
• 5Y*: 7.44%
• 10Y*: 8.77%

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

AVDEX vs. IGAAX - Expense Ratio Comparison

AVDEX has a 0.23% expense ratio, which is lower than IGAAX's 0.91% expense ratio.

IGAAX

American Funds International Growth and Income Fund Class A

AVDEX

Avantis International Equity Fund

Return for Risk

AVDEX vs. IGAAX — Risk / Return Rank

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

AVDEX

AVDEX Risk / Return Rank: 90
AVDEX Sharpe Ratio Rank: 90
AVDEX Sortino Ratio Rank: 89
AVDEX Omega Ratio Rank: 88
AVDEX Calmar Ratio Rank: 90
AVDEX Martin Ratio Rank: 90

IGAAX

IGAAX Risk / Return Rank: 88
IGAAX Sharpe Ratio Rank: 90
IGAAX Sortino Ratio Rank: 87
IGAAX Omega Ratio Rank: 88
IGAAX Calmar Ratio Rank: 88
IGAAX Martin Ratio Rank: 87

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.

AVDEX vs. IGAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity Fund (AVDEX) and American Funds International Growth and Income Fund Class A (IGAAX). 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.

	AVDEX	IGAAX	Difference
Sharpe ratio Return per unit of total volatility	1.93	1.92	+0.01
Sortino ratio Return per unit of downside risk	2.52	2.43	+0.09
Omega ratio Gain probability vs. loss probability	1.39	1.39	0.00
Calmar ratio Return relative to maximum drawdown	2.60	2.44	+0.16
Martin ratio Return relative to average drawdown	10.37	9.51	+0.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVDEX vs. IGAAX - Sharpe Ratio Comparison

The current AVDEX Sharpe Ratio is 1.93, which is comparable to the IGAAX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of AVDEX and IGAAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVDEX	IGAAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	1.92	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.52	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.44	+0.14

Correlation

The correlation between AVDEX and IGAAX is 0.94, 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.

Dividends

AVDEX vs. IGAAX - Dividend Comparison

AVDEX's dividend yield for the trailing twelve months is around 3.10%, less than IGAAX's 8.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVDEX Avantis International Equity Fund	3.10%	3.19%	3.67%	3.17%	2.22%	3.46%	1.67%	0.10%	0.00%	0.00%	0.00%	0.00%
IGAAX American Funds International Growth and Income Fund Class A	8.12%	8.14%	3.37%	2.29%	4.00%	6.91%	1.37%	2.40%	2.81%	1.85%	2.35%	3.25%

Drawdowns

AVDEX vs. IGAAX - Drawdown Comparison

The maximum AVDEX drawdown since its inception was -36.28%, roughly equal to the maximum IGAAX drawdown of -35.79%. Use the drawdown chart below to compare losses from any high point for AVDEX and IGAAX.

Drawdown Indicators

	AVDEX	IGAAX	Difference
Max Drawdown Largest peak-to-trough decline	-36.28%	-35.79%	-0.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.58%	-10.92%	-0.66%
Max Drawdown (5Y) Largest decline over 5 years	-28.73%	-30.57%	+1.84%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.79%	—
Current Drawdown Current decline from peak	-8.24%	-8.84%	+0.60%
Average Drawdown Average peak-to-trough decline	-6.46%	-7.96%	+1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	2.80%	+0.10%

Volatility

AVDEX vs. IGAAX - Volatility Comparison

Avantis International Equity Fund (AVDEX) has a higher volatility of 7.40% compared to American Funds International Growth and Income Fund Class A (IGAAX) at 6.30%. This indicates that AVDEX's price experiences larger fluctuations and is considered to be riskier than IGAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVDEX	IGAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.40%	6.30%	+1.10%
Volatility (6M) Calculated over the trailing 6-month period	10.88%	9.67%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	16.36%	14.55%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.83%	14.43%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.66%	15.82%	+2.84%