AVEEX vs. AVANX
AVEEX (Avantis Emerging Markets Equity Fund) and AVANX (Avantis International Small Cap Value Fund Class G) are both mutual funds - AVEEX is a Emerging Markets Equities fund managed by Avantis, while AVANX is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. Over the past 3 years, AVEEX returned 20.15%/yr vs 25.55%/yr for AVANX. Their 0.74 correlation means they have sometimes moved together and sometimes differently.
Performance
AVEEX vs. AVANX - Performance Comparison
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Returns By Period
In the year-to-date period, AVEEX achieves a 16.32% return, which is significantly higher than AVANX's 15.04% return.
AVEEX
- 1D
- 0.76%
- 1M
- -1.88%
- 6M
- 7.31%
- YTD
- 16.32%
- 1Y
- 30.35%
- 3Y*
- 20.15%
- 5Y*
- 8.47%
- 10Y*
- —
- ALL TIME*
- 11.28%
AVANX
- 1D
- 0.80%
- 1M
- 1.67%
- 6M
- 5.49%
- YTD
- 15.04%
- 1Y
- 35.04%
- 3Y*
- 25.55%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AVEEX vs. AVANX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AVEEX Avantis Emerging Markets Equity Fund | 16.32% | 32.09% | 7.68% | 15.15% | -15.40% |
AVANX Avantis International Small Cap Value Fund Class G | 15.04% | 48.78% | 8.80% | 17.17% | -7.66% |
Correlation
The correlation between AVEEX and AVANX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022 | 0.74 |
The correlation between AVEEX and AVANX has been stable across timeframes, ranging from 0.69 to 0.74 - a consistent structural relationship.
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Return for Risk
AVEEX vs. AVANX — Risk / Return Rank
AVEEX
AVANX
AVEEX vs. AVANX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity Fund (AVEEX) and Avantis International Small Cap Value Fund Class G (AVANX). 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.
| AVEEX | AVANX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.87 | -0.42 |
| Martin ratioReturn relative to average drawdown | 7.74 | 10.29 | -2.55 |
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Drawdowns
AVEEX vs. AVANX - Drawdown Comparison
The maximum AVEEX drawdown since its inception was -36.45%, which is greater than AVANX's maximum drawdown of -25.35%. Use the drawdown chart below to compare losses from any high point for AVEEX and AVANX.
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Drawdown Indicators
| AVEEX | AVANX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.45% | -25.35% | -11.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.24% | -12.86% | -0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -17.34% | -13.83% | -3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -31.96% | — | — |
Current DrawdownCurrent decline from peak | -8.62% | -2.69% | -5.93% |
Average DrawdownAverage peak-to-trough decline | -10.21% | -4.78% | -5.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.18% | 3.58% | +0.60% |
Volatility
AVEEX vs. AVANX - Volatility Comparison
Avantis Emerging Markets Equity Fund (AVEEX) has a higher volatility of 8.20% compared to Avantis International Small Cap Value Fund Class G (AVANX) at 5.46%. This indicates that AVEEX's price experiences larger fluctuations and is considered to be riskier than AVANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVEEX | AVANX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.20% | 5.46% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 18.27% | 14.12% | +4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.15% | 16.67% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.73% | 17.19% | -0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.17% | 17.19% | +1.98% |
Dividends
AVEEX vs. AVANX - Dividend Comparison
AVEEX's dividend yield for the trailing twelve months is around 3.01%, less than AVANX's 9.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AVANX Avantis International Small Cap Value Fund Class G | 9.44% | 10.86% | 4.74% | 3.87% | 3.70% | 0.00% | 0.00% | 0.00% |
AVEEX Avantis Emerging Markets Equity Fund | 3.01% | 3.50% | 2.93% | 3.51% | 3.48% | 1.92% | 1.52% | 0.26% |
Frequently Asked Questions
AVEEX and AVANX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVEEX has higher volatility (8.20%) compared to AVANX (5.46%). In terms of maximum drawdown, AVEEX dropped -36.45% vs AVANX's -25.35%.
AVANX currently has the higher Sharpe Ratio (2.22 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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