AVES vs. DGS
Compare and contrast key facts about Avantis Emerging Markets Value ETF (AVES) and WisdomTree Emerging Markets SmallCap Divdend Fund (DGS).
AVES and DGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021. DGS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. It was launched on Oct 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVES or DGS.
Key characteristics
| AVES | DGS | |
|---|---|---|
| YTD Return | 1.31% | 0.24% |
| 1Y Return | 11.49% | 12.95% |
| Sharpe Ratio | 0.78 | 0.95 |
| Daily Std Dev | 13.74% | 12.65% |
| Max Drawdown | -27.40% | -61.83% |
| Current Drawdown | -4.00% | -3.59% |
Correlation
The correlation between AVES and DGS 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.
Performance
AVES vs. DGS - Performance Comparison
In the year-to-date period, AVES achieves a 1.31% return, which is significantly higher than DGS's 0.24% 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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AVES vs. DGS - Expense Ratio Comparison
Risk-Adjusted Performance
AVES vs. DGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Value ETF (AVES) and WisdomTree Emerging Markets SmallCap Divdend Fund (DGS). 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
AVES vs. DGS - Dividend Comparison
AVES's dividend yield for the trailing twelve months is around 3.91%, less than DGS's 4.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVES Avantis Emerging Markets Value ETF | 3.91% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGS WisdomTree Emerging Markets SmallCap Divdend Fund | 4.41% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% | 3.20% | 3.45% |
Drawdowns
AVES vs. DGS - Drawdown Comparison
The maximum AVES drawdown since its inception was -27.40%, smaller than the maximum DGS drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for AVES and DGS. For additional features, visit the drawdowns tool.
Volatility
AVES vs. DGS - Volatility Comparison
Avantis Emerging Markets Value ETF (AVES) has a higher volatility of 3.76% compared to WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) at 3.57%. This indicates that AVES's price experiences larger fluctuations and is considered to be riskier than DGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.