AVDV vs. NISM
AVDV (Avantis International Small Cap Value ETF) and NISM (NYLI International Small-Mid Cap Equity ETF) are both Foreign Small & Mid Cap Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. AVDV charges 0.36%/yr vs 0.70%/yr for NISM.
Performance
AVDV vs. NISM - Performance Comparison
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Returns By Period
AVDV
- 1D
- 1.01%
- 1M
- -2.23%
- 6M
- 8.28%
- YTD
- 12.42%
- 1Y
- 32.82%
- 3Y*
- 24.57%
- 5Y*
- 13.88%
- 10Y*
- —
NISM
- 1D
- 0.94%
- 1M
- -0.24%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVDV vs. NISM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AVDV Avantis International Small Cap Value ETF | -3.66% |
NISM NYLI International Small-Mid Cap Equity ETF | -1.78% |
Correlation
The correlation between AVDV and NISM is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 13, 2026 | 0.83 |
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Return for Risk
AVDV vs. NISM — Risk / Return Rank
AVDV
NISM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AVDV vs. NISM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) and NYLI International Small-Mid Cap Equity ETF (NISM). 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 | NISM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | — | — |
| Martin ratioReturn relative to average drawdown | 9.42 | — | — |
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Drawdowns
AVDV vs. NISM - Drawdown Comparison
The maximum AVDV drawdown since its inception was -43.01%, which is greater than NISM's maximum drawdown of -4.35%. Use the drawdown chart below to compare losses from any high point for AVDV and NISM.
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Drawdown Indicators
| AVDV | NISM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.01% | -4.35% | -38.66% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | — | — |
Current DrawdownCurrent decline from peak | -4.42% | -1.85% | -2.57% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -1.75% | -4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | — | — |
Volatility
AVDV vs. NISM - Volatility Comparison
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Volatility by Period
| AVDV | NISM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.39% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.54% | 14.31% | +2.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.42% | 14.31% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.72% | 14.31% | +5.41% |
AVDV vs. NISM - Expense Ratio Comparison
AVDV has a 0.36% expense ratio, which is lower than NISM's 0.70% expense ratio.
Dividends
AVDV vs. NISM - Dividend Comparison
AVDV's dividend yield for the trailing twelve months is around 2.81%, more than NISM's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 2.81% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% |
NISM NYLI International Small-Mid Cap Equity ETF | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AVDV and NISM have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVDV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVDV is cheaper with a 0.36% expense ratio, compared with 0.70% for NISM.
AVDV has the higher dividend yield at 2.81%, compared with 0.24% for NISM.
They also come from different issuers: Avantis and New York Life Investment Management. Their fees differ too: 0.36% for AVDV and 0.70% for NISM.
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