AVEM vs. FNDE
Compare and contrast key facts about Avantis Emerging Markets Equity ETF (AVEM) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).
AVEM and FNDE 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. FNDE is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental Emerging Markets Large Company Index. It was launched on Aug 15, 2013. Both AVEM and FNDE 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 FNDE.
Performance
AVEM vs. FNDE - Performance Comparison
Returns By Period
In the year-to-date period, AVEM achieves a 7.91% return, which is significantly lower than FNDE's 14.47% return.
AVEM
7.91%
-6.34%
-2.51%
13.37%
5.43%
N/A
FNDE
14.47%
-4.48%
1.19%
20.20%
5.52%
5.38%
Key characteristics
| AVEM | FNDE | |
|---|---|---|
| Sharpe Ratio | 0.81 | 1.21 |
| Sortino Ratio | 1.21 | 1.76 |
| Omega Ratio | 1.15 | 1.22 |
| Calmar Ratio | 0.71 | 1.39 |
| Martin Ratio | 4.11 | 5.82 |
| Ulcer Index | 3.12% | 3.49% |
| Daily Std Dev | 15.77% | 16.85% |
| Max Drawdown | -36.05% | -43.55% |
| Current Drawdown | -8.84% | -9.20% |
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. FNDE - Expense Ratio Comparison
AVEM has a 0.33% expense ratio, which is lower than FNDE's 0.39% expense ratio.
Correlation
The correlation between AVEM and FNDE is 0.93, 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. FNDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Equity ETF (AVEM) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE). 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. FNDE - Dividend Comparison
AVEM's dividend yield for the trailing twelve months is around 2.84%, less than FNDE's 4.06% 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% |
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.06% | 4.74% | 5.59% | 4.31% | 2.49% | 3.47% | 3.05% | 2.05% | 1.65% | 2.02% | 1.36% | 0.51% |
Drawdowns
AVEM vs. FNDE - Drawdown Comparison
The maximum AVEM drawdown since its inception was -36.05%, smaller than the maximum FNDE drawdown of -43.55%. Use the drawdown chart below to compare losses from any high point for AVEM and FNDE. For additional features, visit the drawdowns tool.
Volatility
AVEM vs. FNDE - Volatility Comparison
The current volatility for Avantis Emerging Markets Equity ETF (AVEM) is 4.61%, while Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) has a volatility of 5.56%. This indicates that AVEM experiences smaller price fluctuations and is considered to be less risky than FNDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.