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.
Performance
AVEM vs. AVES - Performance Comparison
Returns By Period
In the year-to-date period, AVEM achieves a 7.91% return, which is significantly higher than AVES's 5.68% return.
AVEM
7.91%
-6.34%
-2.51%
13.37%
5.43%
N/A
AVES
5.68%
-6.40%
-4.03%
11.99%
N/A
N/A
Key characteristics
| AVEM | AVES | |
|---|---|---|
| Sharpe Ratio | 0.81 | 0.74 |
| Sortino Ratio | 1.21 | 1.10 |
| Omega Ratio | 1.15 | 1.14 |
| Calmar Ratio | 0.71 | 1.13 |
| Martin Ratio | 4.11 | 3.91 |
| Ulcer Index | 3.12% | 2.92% |
| Daily Std Dev | 15.77% | 15.43% |
| Max Drawdown | -36.05% | -27.40% |
| Current Drawdown | -8.84% | -9.38% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVEM vs. AVES - Expense Ratio Comparison
AVEM has a 0.33% expense ratio, which is lower than AVES's 0.36% expense ratio.
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.
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 2.84%, less than AVES's 3.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AVEM Avantis Emerging Markets Equity ETF | 2.84% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% |
AVES Avantis Emerging Markets Value ETF | 3.75% | 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
The current volatility for Avantis Emerging Markets Equity ETF (AVEM) is 4.73%, while Avantis Emerging Markets Value ETF (AVES) has a volatility of 5.03%. This indicates that AVEM experiences smaller price fluctuations and is considered to be less risky than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.