AVEM vs. AVES
Compare and contrast key facts about Avantis Emerging Markets Equity ETF (AVEM) and Avantis Emerging Markets Value ETF (AVES).
AVEM and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEM or AVES.
Key characteristics
| AVEM | AVES | |
|---|---|---|
| YTD Return | 3.03% | 3.26% |
| 1Y Return | 15.81% | 16.41% |
| Sharpe Ratio | 1.14 | 1.26 |
| Daily Std Dev | 14.42% | 13.59% |
| Max Drawdown | -36.05% | -27.40% |
| Current Drawdown | -10.32% | -2.14% |
Correlation
The correlation between AVEM and AVES is 0.96, 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
AVEM vs. AVES - Performance Comparison
In the year-to-date period, AVEM achieves a 3.03% return, which is significantly lower than AVES's 3.26% 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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AVEM vs. AVES - Expense Ratio Comparison
AVEM has a 0.33% expense ratio, which is lower than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
AVEM vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity ETF (AVEM) and Avantis Emerging Markets Value ETF (AVES). 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
AVEM vs. AVES - Dividend Comparison
AVEM's dividend yield for the trailing twelve months is around 2.97%, less than AVES's 3.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AVEM Avantis Emerging Markets Equity ETF | 2.97% | 3.06% | 2.77% | 2.61% | 1.60% | 0.34% |
AVES Avantis Emerging Markets Value ETF | 3.83% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% |
Drawdowns
AVEM vs. AVES - Drawdown Comparison
The maximum AVEM drawdown since its inception was -36.05%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for AVEM and AVES. For additional features, visit the drawdowns tool.
Volatility
AVEM vs. AVES - Volatility Comparison
Avantis Emerging Markets Equity ETF (AVEM) has a higher volatility of 3.89% compared to Avantis Emerging Markets Value ETF (AVES) at 3.63%. This indicates that AVEM's price experiences larger fluctuations and is considered to be riskier than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.