AVEE vs. DEMSX
Compare and contrast key facts about Avantis Emerging Markets Small Cap Equity ETF (AVEE) and DFA Emerging Markets Small Cap Portfolio (DEMSX).
AVEE is an actively managed fund by Avantis. It was launched on Nov 7, 2023. DEMSX is managed by Dimensional Fund Advisors LP. It was launched on Mar 4, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEE or DEMSX.
Key characteristics
| AVEE | DEMSX | |
|---|---|---|
| YTD Return | 6.28% | 7.58% |
| 1Y Return | 13.71% | 15.83% |
| Sortino Ratio | 1.33 | 1.87 |
| Omega Ratio | 1.17 | 1.26 |
| Ulcer Index | 3.10% | 2.41% |
| Daily Std Dev | 15.29% | 11.39% |
| Max Drawdown | -9.69% | -66.70% |
| Current Drawdown | -6.19% | -5.42% |
Correlation
The correlation between AVEE and DEMSX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AVEE vs. DEMSX - Performance Comparison
In the year-to-date period, AVEE achieves a 6.28% return, which is significantly lower than DEMSX's 7.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVEE vs. DEMSX - Expense Ratio Comparison
AVEE has a 0.42% expense ratio, which is lower than DEMSX's 0.59% expense ratio.
Risk-Adjusted Performance
AVEE vs. DEMSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Small Cap Equity ETF (AVEE) and DFA Emerging Markets Small Cap Portfolio (DEMSX). 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.
Not enough dataDividends
AVEE vs. DEMSX - Dividend Comparison
AVEE's dividend yield for the trailing twelve months is around 1.16%, less than DEMSX's 3.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEE Avantis Emerging Markets Small Cap Equity ETF | 1.16% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DEMSX DFA Emerging Markets Small Cap Portfolio | 3.16% | 2.94% | 2.45% | 3.36% | 2.25% | 2.48% | 2.16% | 2.50% | 2.59% | 2.44% | 2.15% | 2.17% |
Drawdowns
AVEE vs. DEMSX - Drawdown Comparison
The maximum AVEE drawdown since its inception was -9.69%, smaller than the maximum DEMSX drawdown of -66.70%. Use the drawdown chart below to compare losses from any high point for AVEE and DEMSX. For additional features, visit the drawdowns tool.
Volatility
AVEE vs. DEMSX - Volatility Comparison
Avantis Emerging Markets Small Cap Equity ETF (AVEE) has a higher volatility of 5.00% compared to DFA Emerging Markets Small Cap Portfolio (DEMSX) at 3.30%. This indicates that AVEE's price experiences larger fluctuations and is considered to be riskier than DEMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.