AVDV vs. AVEE

Last updated Apr 1, 2026

Compare and contrast key facts about Avantis International Small Cap Value ETF (AVDV) and Avantis Emerging Markets Small Cap Equity ETF (AVEE).

AVDV and AVEE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVDV is an actively managed fund by Avantis. It was launched on Sep 24, 2019. AVEE is an actively managed fund by Avantis. It was launched on Nov 7, 2023.

Performance

AVDV vs. AVEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Small Cap Value ETF (AVDV) and Avantis Emerging Markets Small Cap Equity ETF (AVEE). The values are adjusted to include any dividend payments, if applicable.

AVDV vs. AVEE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVDV Avantis International Small Cap Value ETF	6.39%	49.37%	8.67%	12.32%
AVEE Avantis Emerging Markets Small Cap Equity ETF	1.69%	19.80%	2.91%	7.28%

Returns By Period

In the year-to-date period, AVDV achieves a 6.39% return, which is significantly higher than AVEE's 1.69% return.

AVDV

• 1D: 3.37%
• 1M: -9.19%
• YTD: 6.39%
• 6M: 14.02%
• 1Y: 48.30%
• 3Y*: 24.07%
• 5Y*: 13.38%
• 10Y*: —

AVEE

• 1D: 2.63%
• 1M: -7.57%
• YTD: 1.69%
• 6M: 0.63%
• 1Y: 23.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVDV vs. AVEE - Expense Ratio Comparison

AVDV has a 0.36% expense ratio, which is lower than AVEE's 0.42% expense ratio.

AVEE

Avantis Emerging Markets Small Cap Equity ETF

AVDV

Avantis International Small Cap Value ETF

Return for Risk

AVDV vs. AVEE — Risk / Return Rank

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

AVDV

AVDV Risk / Return Rank: 96
AVDV Sharpe Ratio Rank: 97
AVDV Sortino Ratio Rank: 96
AVDV Omega Ratio Rank: 97
AVDV Calmar Ratio Rank: 94
AVDV Martin Ratio Rank: 95

AVEE

AVEE Risk / Return Rank: 74
AVEE Sharpe Ratio Rank: 77
AVEE Sortino Ratio Rank: 76
AVEE Omega Ratio Rank: 73
AVEE Calmar Ratio Rank: 75
AVEE Martin Ratio Rank: 69

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.

AVDV vs. AVEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) and Avantis Emerging Markets Small Cap Equity ETF (AVEE). 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.

	AVDV	AVEE	Difference
Sharpe ratio Return per unit of total volatility	2.64	1.38	+1.27
Sortino ratio Return per unit of downside risk	3.33	1.85	+1.48
Omega ratio Gain probability vs. loss probability	1.55	1.26	+0.28
Calmar ratio Return relative to maximum drawdown	3.54	1.87	+1.67
Martin ratio Return relative to average drawdown	14.87	6.70	+8.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVDV vs. AVEE - Sharpe Ratio Comparison

The current AVDV Sharpe Ratio is 2.64, which is higher than the AVEE Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of AVDV and AVEE, 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

	AVDV	AVEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.64	1.38	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.83	-0.09

Correlation

The correlation between AVDV and AVEE is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AVDV vs. AVEE - Dividend Comparison

AVDV's dividend yield for the trailing twelve months is around 2.99%, more than AVEE's 2.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
AVDV Avantis International Small Cap Value ETF	2.99%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%
AVEE Avantis Emerging Markets Small Cap Equity ETF	2.27%	2.25%	3.26%	0.39%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AVDV vs. AVEE - Drawdown Comparison

The maximum AVDV drawdown since its inception was -43.01%, which is greater than AVEE's maximum drawdown of -20.21%. Use the drawdown chart below to compare losses from any high point for AVDV and AVEE.

Drawdown Indicators

	AVDV	AVEE	Difference
Max Drawdown Largest peak-to-trough decline	-43.01%	-20.21%	-22.80%
Max Drawdown (1Y) Largest decline over 1 year	-13.19%	-12.14%	-1.05%
Max Drawdown (5Y) Largest decline over 5 years	-28.08%	—	—
Current Drawdown Current decline from peak	-9.19%	-8.30%	-0.89%
Average Drawdown Average peak-to-trough decline	-6.88%	-3.78%	-3.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	3.38%	-0.24%

Volatility

AVDV vs. AVEE - Volatility Comparison

The current volatility for Avantis International Small Cap Value ETF (AVDV) is 7.89%, while Avantis Emerging Markets Small Cap Equity ETF (AVEE) has a volatility of 8.45%. This indicates that AVDV experiences smaller price fluctuations and is considered to be less risky than AVEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVDV	AVEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	8.45%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	11.92%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	18.40%	17.25%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	16.02%	+1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.76%	16.02%	+3.74%