AVDV vs. NA.TO
AVDV (Avantis International Small Cap Value ETF) is Foreign Small & Mid Cap Equities fund actively managed by Avantis, while NA.TO (National Bank of Canada) is a stock. Over the past 5 years, AVDV returned 13.63%/yr vs 19.02%/yr for NA.TO. At a 0.46 correlation, their price movements are largely independent.
Performance
AVDV vs. NA.TO - Performance Comparison
Loading charts...
Different Trading Currencies
AVDV is traded in USD, while NA.TO is traded in CAD. To make them comparable, the NA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AVDV achieves a 14.99% return, which is significantly lower than NA.TO's 19.97% return.
AVDV
- 1D
- 0.89%
- 1M
- 0.12%
- YTD
- 14.99%
- 6M
- 17.18%
- 1Y
- 41.91%
- 3Y*
- 26.72%
- 5Y*
- 13.63%
- 10Y*
- —
NA.TO
- 1D
- 0.43%
- 1M
- 0.71%
- YTD
- 19.97%
- 6M
- 21.53%
- 1Y
- 55.42%
- 3Y*
- 31.81%
- 5Y*
- 19.02%
- 10Y*
- 20.45%
AVDV vs. NA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 14.99% | 49.37% | 8.67% | 16.85% | -11.47% | 15.80% | 5.01% | 11.78% |
NA.TO National Bank of Canada | 19.97% | 42.66% | 24.14% | 18.35% | -7.33% | 39.09% | 6.54% | 12.70% |
Correlation
The correlation between AVDV and NA.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVDV vs. NA.TO — Risk / Return Rank
AVDV
NA.TO
AVDV vs. NA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) and National Bank of Canada (NA.TO). 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.
| AVDV | NA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.61 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 5.85 | -2.73 |
| Martin ratioReturn relative to average drawdown | 12.44 | 19.65 | -7.21 |
Loading charts...
Drawdowns
AVDV vs. NA.TO - Drawdown Comparison
The maximum AVDV drawdown since its inception was -43.01%, smaller than the maximum NA.TO drawdown of -60.25%. Use the drawdown chart below to compare losses from any high point for AVDV and NA.TO.
Loading charts...
Drawdown Indicators
| AVDV | NA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.01% | -60.25% | +17.24% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -9.74% | -3.45% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -23.63% | +9.46% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -25.64% | -2.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.59% | — |
Current DrawdownCurrent decline from peak | -2.24% | -2.88% | +0.64% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -9.09% | +2.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 2.89% | +0.41% |
Volatility
AVDV vs. NA.TO - Volatility Comparison
Avantis International Small Cap Value ETF (AVDV) and National Bank of Canada (NA.TO) have volatilities of 6.26% and 5.98%, 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.
Loading charts...
Volatility by Period
| AVDV | NA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 5.98% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 14.12% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 16.79% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.41% | 18.83% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 22.22% | -2.45% |
Dividends
AVDV vs. NA.TO - Dividend Comparison
AVDV's dividend yield for the trailing twelve months is around 4.11%, more than NA.TO's 2.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 4.11% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
NA.TO National Bank of Canada | 2.31% | 2.75% | 3.36% | 4.03% | 4.03% | 3.11% | 3.96% | 3.77% | 4.44% | 3.70% | 4.03% | 5.16% |
Frequently Asked Questions
AVDV and NA.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AVDV and NA.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer