AVEM vs. DEM
Compare and contrast key facts about Avantis Emerging Markets Equity ETF (AVEM) and WisdomTree Emerging Markets Equity Income Fund (DEM).
AVEM and DEM 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. DEM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets Equity income Index. It was launched on Jul 13, 2007. Both AVEM and DEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVEM or DEM.
Performance
AVEM vs. DEM - Performance Comparison
Returns By Period
In the year-to-date period, AVEM achieves a 7.91% return, which is significantly higher than DEM's 5.16% return.
AVEM
7.91%
-6.34%
-2.51%
13.37%
5.43%
N/A
DEM
5.16%
-5.95%
-4.60%
11.16%
4.84%
4.09%
Key characteristics
| AVEM | DEM | |
|---|---|---|
| Sharpe Ratio | 0.81 | 0.75 |
| Sortino Ratio | 1.21 | 1.13 |
| Omega Ratio | 1.15 | 1.14 |
| Calmar Ratio | 0.71 | 1.16 |
| Martin Ratio | 4.11 | 3.53 |
| Ulcer Index | 3.12% | 3.11% |
| Daily Std Dev | 15.77% | 14.58% |
| Max Drawdown | -36.05% | -51.85% |
| Current Drawdown | -8.84% | -9.22% |
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AVEM vs. DEM - Expense Ratio Comparison
AVEM has a 0.33% expense ratio, which is lower than DEM's 0.63% expense ratio.
Correlation
The correlation between AVEM and DEM is 0.89, 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. DEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity ETF (AVEM) and WisdomTree Emerging Markets Equity Income Fund (DEM). 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. DEM - Dividend Comparison
AVEM's dividend yield for the trailing twelve months is around 2.84%, less than DEM's 5.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEM Avantis Emerging Markets Equity ETF | 2.84% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DEM WisdomTree Emerging Markets Equity Income Fund | 5.46% | 5.49% | 8.62% | 5.87% | 4.21% | 4.78% | 4.47% | 3.67% | 3.63% | 5.21% | 5.51% | 4.10% |
Drawdowns
AVEM vs. DEM - Drawdown Comparison
The maximum AVEM drawdown since its inception was -36.05%, smaller than the maximum DEM drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for AVEM and DEM. For additional features, visit the drawdowns tool.
Volatility
AVEM vs. DEM - Volatility Comparison
Avantis Emerging Markets Equity ETF (AVEM) has a higher volatility of 4.73% compared to WisdomTree Emerging Markets Equity Income Fund (DEM) at 4.29%. This indicates that AVEM's price experiences larger fluctuations and is considered to be riskier than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.