AVDV vs. RY.TO
AVDV (Avantis International Small Cap Value ETF) is Foreign Small & Mid Cap Equities fund actively managed by Avantis, while RY.TO (Royal Bank of Canada) is a stock. Over the past 5 years, AVDV returned 13.63%/yr vs 18.10%/yr for RY.TO. At a 0.49 correlation, their price movements are largely independent.
Performance
AVDV vs. RY.TO - Performance Comparison
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Different Trading Currencies
AVDV is traded in USD, while RY.TO is traded in CAD. To make them comparable, the RY.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 RY.TO's 18.47% return.
AVDV
- 1D
- 0.89%
- 1M
- 0.12%
- YTD
- 14.99%
- 6M
- 17.18%
- 1Y
- 41.91%
- 3Y*
- 26.72%
- 5Y*
- 13.63%
- 10Y*
- —
RY.TO
- 1D
- 0.18%
- 1M
- 8.38%
- YTD
- 18.47%
- 6M
- 22.15%
- 1Y
- 61.13%
- 3Y*
- 33.54%
- 5Y*
- 18.10%
- 10Y*
- 17.12%
AVDV vs. RY.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% |
RY.TO Royal Bank of Canada | 18.47% | 46.28% | 23.88% | 12.48% | -7.39% | 33.15% | 9.11% | -2.02% |
Correlation
The correlation between AVDV and RY.TO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.49 |
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Return for Risk
AVDV vs. RY.TO — Risk / Return Rank
AVDV
RY.TO
AVDV vs. RY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) and Royal Bank of Canada (RY.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 | RY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.74 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 6.18 | -3.06 |
| Martin ratioReturn relative to average drawdown | 12.44 | 22.81 | -10.37 |
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Drawdowns
AVDV vs. RY.TO - Drawdown Comparison
The maximum AVDV drawdown since its inception was -43.01%, smaller than the maximum RY.TO drawdown of -63.01%. Use the drawdown chart below to compare losses from any high point for AVDV and RY.TO.
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Drawdown Indicators
| AVDV | RY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.01% | -63.01% | +20.00% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -9.82% | -3.37% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -19.58% | +5.41% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -28.47% | +0.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.33% | — |
Current DrawdownCurrent decline from peak | -2.24% | 0.00% | -2.24% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -9.84% | +3.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 2.65% | +0.65% |
Volatility
AVDV vs. RY.TO - Volatility Comparison
Avantis International Small Cap Value ETF (AVDV) has a higher volatility of 6.26% compared to Royal Bank of Canada (RY.TO) at 4.32%. This indicates that AVDV's price experiences larger fluctuations and is considered to be riskier than RY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVDV | RY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 4.32% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 10.83% | +3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 14.58% | +1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.41% | 16.55% | +0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 18.66% | +1.11% |
Dividends
AVDV vs. RY.TO - Dividend Comparison
AVDV's dividend yield for the trailing twelve months is around 4.11%, more than RY.TO's 2.28% 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% |
RY.TO Royal Bank of Canada | 2.28% | 2.58% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% |
Frequently Asked Questions
AVDV and RY.TO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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