AVEE vs. EEMS
Compare and contrast key facts about Avantis Emerging Markets Small Cap Equity ETF (AVEE) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS).
AVEE and EEMS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVEE is an actively managed fund by Avantis. It was launched on Nov 7, 2023. EEMS is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Small Cap Index. It was launched on Aug 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEE or EEMS.
Key characteristics
| AVEE | EEMS | |
|---|---|---|
| YTD Return | 4.48% | 3.98% |
| 1Y Return | 11.69% | 12.50% |
| Sharpe Ratio | 0.77 | 0.92 |
| Sortino Ratio | 1.13 | 1.29 |
| Omega Ratio | 1.14 | 1.17 |
| Calmar Ratio | 1.22 | 1.25 |
| Martin Ratio | 3.75 | 4.93 |
| Ulcer Index | 3.14% | 2.42% |
| Daily Std Dev | 15.35% | 13.04% |
| Max Drawdown | -9.69% | -48.89% |
| Current Drawdown | -7.78% | -6.76% |
Correlation
The correlation between AVEE and EEMS is 0.87, 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. EEMS - Performance Comparison
In the year-to-date period, AVEE achieves a 4.48% return, which is significantly higher than EEMS's 3.98% 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. EEMS - Expense Ratio Comparison
AVEE has a 0.42% expense ratio, which is lower than EEMS's 0.69% expense ratio.
Risk-Adjusted Performance
AVEE vs. EEMS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Small Cap Equity ETF (AVEE) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS). 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.
Dividends
AVEE vs. EEMS - Dividend Comparison
AVEE's dividend yield for the trailing twelve months is around 1.18%, less than EEMS's 2.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEE Avantis Emerging Markets Small Cap Equity ETF | 1.18% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 2.47% | 2.69% | 0.89% | 3.56% | 2.14% | 2.64% | 3.06% | 2.47% | 2.51% | 2.33% | 2.67% | 2.15% |
Drawdowns
AVEE vs. EEMS - Drawdown Comparison
The maximum AVEE drawdown since its inception was -9.69%, smaller than the maximum EEMS drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for AVEE and EEMS. For additional features, visit the drawdowns tool.
Volatility
AVEE vs. EEMS - Volatility Comparison
Avantis Emerging Markets Small Cap Equity ETF (AVEE) has a higher volatility of 5.24% compared to iShares MSCI Emerging Markets Small-Cap ETF (EEMS) at 3.93%. This indicates that AVEE's price experiences larger fluctuations and is considered to be riskier than EEMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.