AVDEX vs. VXUS

Last updated Jun 23, 2026

AVDEX (Avantis International Equity Fund) and VXUS (Vanguard Total International Stock ETF) are both funds - AVDEX is a Foreign Large Cap Equities fund managed by Avantis Investors, while VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index. Over the past 5 years, AVDEX returned 10.72%/yr vs 9.22%/yr for VXUS. With a 0.96 correlation, they move nearly in lockstep. AVDEX charges 0.23%/yr vs 0.05%/yr for VXUS.

Performance

AVDEX vs. VXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Equity Fund (AVDEX) and Vanguard Total International Stock ETF (VXUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVDEX achieves a 11.37% return, which is significantly lower than VXUS's 16.04% return.

AVDEX

• 1D: 0.41%
• 1M: 1.00%
• YTD: 11.37%
• 6M: 11.59%
• 1Y: 29.77%
• 3Y*: 19.02%
• 5Y*: 10.72%
• 10Y*: —

VXUS

• 1D: 0.33%
• 1M: 3.54%
• YTD: 16.04%
• 6M: 16.58%
• 1Y: 34.50%
• 3Y*: 20.13%
• 5Y*: 9.22%
• 10Y*: 10.57%

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

AVDEX vs. VXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AVDEX Avantis International Equity Fund	11.37%	37.35%	4.89%	16.99%	-13.90%	13.37%	8.21%	3.61%
VXUS Vanguard Total International Stock ETF	16.04%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	5.16%

Correlation

The correlation between AVDEX and VXUS is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019	0.96

The correlation between AVDEX and VXUS has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

AVDEX vs. VXUS — Risk / Return Rank

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

AVDEX

AVDEX Risk / Return Rank: 50
AVDEX Sharpe Ratio Rank: 53
AVDEX Sortino Ratio Rank: 50
AVDEX Omega Ratio Rank: 50
AVDEX Calmar Ratio Rank: 47
AVDEX Martin Ratio Rank: 50

VXUS

VXUS Risk / Return Rank: 67
VXUS Sharpe Ratio Rank: 69
VXUS Sortino Ratio Rank: 66
VXUS Omega Ratio Rank: 70
VXUS Calmar Ratio Rank: 64
VXUS Martin Ratio Rank: 66

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. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity Fund (AVDEX) and Vanguard Total International Stock ETF (VXUS). 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.

	AVDEX	VXUS	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.16	-0.18
Sortino ratio: Return per unit of downside risk	2.74	2.92	-0.18
Omega ratio: Gain probability vs. loss probability	1.36	1.40	-0.04
Calmar ratio: Return relative to maximum drawdown	2.51	3.07	-0.56
Martin ratio: Return relative to average drawdown	9.72	11.84	-2.12

AVDEX vs. VXUS - Sharpe Ratio Comparison

The current AVDEX Sharpe Ratio is 1.98, which is comparable to the VXUS Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of AVDEX and VXUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVDEX vs. VXUS - Drawdown Comparison

The maximum AVDEX drawdown since its inception was -36.28%, roughly equal to the maximum VXUS drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for AVDEX and VXUS.

Drawdown Indicators

	AVDEX	VXUS	Difference
Max Drawdown Largest peak-to-trough decline	-36.28%	-35.97%	-0.31%
Max Drawdown (1Y) Largest decline over 1 year	-11.58%	-11.27%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-13.04%	-13.58%	+0.54%
Max Drawdown (5Y) Largest decline over 5 years	-28.73%	-29.44%	+0.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.97%	—
Current Drawdown Current decline from peak	-0.69%	0.00%	-0.69%
Average Drawdown Average peak-to-trough decline	-6.33%	-8.20%	+1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.92%	+0.06%

Volatility

AVDEX vs. VXUS - Volatility Comparison

The current volatility for Avantis International Equity Fund (AVDEX) is 4.85%, while Vanguard Total International Stock ETF (VXUS) has a volatility of 6.28%. This indicates that AVDEX experiences smaller price fluctuations and is considered to be less risky than VXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVDEX	VXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	6.28%	-1.43%
Volatility (6M) Calculated over the trailing 6-month period	12.37%	14.10%	-1.73%
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	16.08%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	16.21%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.61%	17.18%	+1.43%

AVDEX vs. VXUS - Expense Ratio Comparison

AVDEX has a 0.23% expense ratio, which is higher than VXUS's 0.05% 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

AVDEX vs. VXUS - Dividend Comparison

AVDEX's dividend yield for the trailing twelve months is around 2.86%, more than VXUS's 2.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVDEX Avantis International Equity Fund	2.86%	3.19%	3.67%	3.17%	2.22%	3.46%	1.67%	0.10%	0.00%	0.00%	0.00%	0.00%
VXUS Vanguard Total International Stock ETF	2.51%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both AVDEX and VXUS in my portfolio?

With a correlation of 0.95, AVDEX and VXUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVDEX or VXUS?

VXUS has higher volatility (6.28%) compared to AVDEX (4.85%). In terms of maximum drawdown, AVDEX dropped -36.28% vs VXUS's -35.97%.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (2.16 vs 1.98), 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.