AVEM.DE vs. SPYV.DE
AVEM.DE (Avantis Emerging Markets Equity UCITS ETF USD Acc) and SPYV.DE (SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist)) are both Emerging Markets Equities funds. AVEM.DE is actively managed, while SPYV.DE is passively managed. Over the past year, AVEM.DE returned 32.37% vs 10.44% for SPYV.DE. A 0.65 correlation means they provide meaningful diversification when combined. AVEM.DE charges 0.35%/yr vs 0.55%/yr for SPYV.DE.
Performance
AVEM.DE vs. SPYV.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVEM.DE achieves a 17.97% return, which is significantly higher than SPYV.DE's 9.52% return.
AVEM.DE
- 1D
- -1.72%
- 1M
- -6.89%
- 6M
- 12.41%
- YTD
- 17.97%
- 1Y
- 32.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPYV.DE
- 1D
- 0.93%
- 1M
- 1.20%
- 6M
- 5.55%
- YTD
- 9.52%
- 1Y
- 10.44%
- 3Y*
- 11.25%
- 5Y*
- 6.87%
- 10Y*
- 5.52%
AVEM.DE vs. SPYV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVEM.DE Avantis Emerging Markets Equity UCITS ETF USD Acc | 17.97% | 21.39% | -2.44% |
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) | 9.52% | 6.31% | -0.43% |
Correlation
The correlation between AVEM.DE and SPYV.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024 | 0.65 |
The correlation between AVEM.DE and SPYV.DE has been stable across timeframes, ranging from 0.58 to 0.65 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVEM.DE vs. SPYV.DE — Risk / Return Rank
AVEM.DE
SPYV.DE
AVEM.DE vs. SPYV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.DE) and SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE). 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.
| AVEM.DE | SPYV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.16 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 1.28 | +1.49 |
| Martin ratioReturn relative to average drawdown | 9.84 | 2.90 | +6.94 |
Loading charts...
Drawdowns
AVEM.DE vs. SPYV.DE - Drawdown Comparison
The maximum AVEM.DE drawdown since its inception was -18.44%, smaller than the maximum SPYV.DE drawdown of -49.58%. Use the drawdown chart below to compare losses from any high point for AVEM.DE and SPYV.DE.
Loading charts...
Drawdown Indicators
| AVEM.DE | SPYV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.44% | -49.58% | +31.14% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -8.13% | -3.90% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.98% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.16% | — |
Current DrawdownCurrent decline from peak | -9.73% | -1.68% | -8.05% |
Average DrawdownAverage peak-to-trough decline | -2.66% | -20.20% | +17.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.39% | 3.59% | -0.20% |
Volatility
AVEM.DE vs. SPYV.DE - Volatility Comparison
Avantis Emerging Markets Equity UCITS ETF USD Acc (AVEM.DE) has a higher volatility of 9.61% compared to SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE) at 2.81%. This indicates that AVEM.DE's price experiences larger fluctuations and is considered to be riskier than SPYV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVEM.DE | SPYV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.61% | 2.81% | +6.80% |
Volatility (6M)Calculated over the trailing 6-month period | 18.01% | 8.40% | +9.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 11.45% | +8.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.56% | 14.91% | +4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 17.04% | +2.52% |
AVEM.DE vs. SPYV.DE - Expense Ratio Comparison
AVEM.DE has a 0.35% expense ratio, which is lower than SPYV.DE's 0.55% expense ratio.
Dividends
AVEM.DE vs. SPYV.DE - Dividend Comparison
AVEM.DE has not paid dividends to shareholders, while SPYV.DE's dividend yield for the trailing twelve months is around 3.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEM.DE Avantis Emerging Markets Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) | 3.70% | 3.96% | 3.99% | 4.96% | 4.70% | 3.20% | 3.29% | 3.59% | 3.57% | 2.95% | 4.34% | 5.98% |
Frequently Asked Questions
AVEM.DE and SPYV.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVEM.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVEM.DE is cheaper with a 0.35% expense ratio, compared with 0.55% for SPYV.DE.
They also come from different issuers: Avantis and State Street. Their fees differ too: 0.35% for AVEM.DE and 0.55% for SPYV.DE.
Find the right allocation for AVEM.DE and SPYV.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer