AVDV vs. DGS
AVDV (Avantis International Small Cap Value ETF) and DGS (WisdomTree Emerging Markets SmallCap Dividend Fund) are both exchange-traded funds - AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis, while DGS is a Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets SmallCap Dividend Index. AVDV is actively managed, while DGS is passively managed. Over the past 5 years, AVDV returned 13.72%/yr vs 7.85%/yr for DGS. A 0.77 correlation means they provide meaningful diversification when combined. AVDV charges 0.36%/yr vs 0.58%/yr for DGS.
Performance
AVDV vs. DGS - Performance Comparison
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Returns By Period
In the year-to-date period, AVDV achieves a 16.04% return, which is significantly higher than DGS's 14.53% return.
AVDV
- 1D
- -0.73%
- 1M
- 3.98%
- YTD
- 16.04%
- 6M
- 19.54%
- 1Y
- 44.23%
- 3Y*
- 28.01%
- 5Y*
- 13.72%
- 10Y*
- —
DGS
- 1D
- -1.37%
- 1M
- 2.58%
- YTD
- 14.53%
- 6M
- 15.57%
- 1Y
- 27.26%
- 3Y*
- 16.17%
- 5Y*
- 7.85%
- 10Y*
- 9.93%
AVDV vs. DGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 16.04% | 49.37% | 8.67% | 16.85% | -11.47% | 15.80% | 5.01% | 12.05% |
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 14.53% | 21.18% | 1.13% | 19.08% | -12.35% | 15.33% | 4.06% | 8.21% |
Correlation
The correlation between AVDV and DGS is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019 | 0.77 |
The correlation between AVDV and DGS has been stable across timeframes, ranging from 0.75 to 0.78 - a consistent structural relationship.
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Return for Risk
AVDV vs. DGS — Risk / Return Rank
AVDV
DGS
AVDV vs. DGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). 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 | DGS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.86 | 1.76 | +1.10 |
Sortino ratioReturn per unit of downside risk | 3.79 | 2.43 | +1.37 |
Omega ratioGain probability vs. loss probability | 1.52 | 1.32 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 3.37 | 2.72 | +0.65 |
Martin ratioReturn relative to average drawdown | 13.67 | 9.16 | +4.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVDV | DGS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.86 | 1.76 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.53 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.23 | +0.57 |
Drawdowns
AVDV vs. DGS - Drawdown Comparison
The maximum AVDV drawdown since its inception was -43.01%, smaller than the maximum DGS drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for AVDV and DGS.
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Drawdown Indicators
| AVDV | DGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.01% | -61.83% | +18.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -10.06% | -3.13% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -19.31% | +5.14% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -24.86% | -3.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.08% | — |
Current DrawdownCurrent decline from peak | -1.35% | -1.40% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -12.59% | +5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 2.98% | +0.26% |
Volatility
AVDV vs. DGS - Volatility Comparison
The current volatility for Avantis International Small Cap Value ETF (AVDV) is 4.92%, while WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) has a volatility of 5.24%. This indicates that AVDV experiences smaller price fluctuations and is considered to be less risky than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVDV | DGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.92% | 5.24% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 13.07% | 13.03% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.56% | 15.56% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.30% | 14.87% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.73% | 17.32% | +2.41% |
AVDV vs. DGS - Expense Ratio Comparison
AVDV has a 0.36% expense ratio, which is lower than DGS's 0.58% expense ratio.
Dividends
AVDV vs. DGS - Dividend Comparison
AVDV's dividend yield for the trailing twelve months is around 2.74%, less than DGS's 3.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 2.74% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 3.21% | 3.45% | 3.36% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% |
Frequently Asked Questions
AVDV and DGS have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DGS has higher volatility (5.24%) compared to AVDV (4.92%). In terms of maximum drawdown, AVDV dropped -43.01% vs DGS's -61.83%.
On 5-year performance, AVDV leads with 13.72% vs 7.85% for DGS. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AVDV has performed better with a 13.72% return vs 7.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVDV is cheaper with a 0.36% expense ratio, compared with 0.58% for DGS.
DGS has the higher dividend yield at 3.21%, compared with 2.74% for AVDV.
AVDV is categorized as Foreign Small & Mid Cap Equities, while DGS is Emerging Markets Diversified. They also come from different issuers: Avantis and WisdomTree. Their fees differ too: 0.36% for AVDV and 0.58% for DGS.
AVDV currently has the higher Sharpe Ratio (2.86 vs 1.76), 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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