AVES vs. EMIF
Compare and contrast key facts about Avantis Emerging Markets Value ETF (AVES) and iShares Emerging Markets Infrastructure ETF (EMIF).
AVES and EMIF 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. It was launched on Sep 28, 2021. EMIF is a passively managed fund by iShares that tracks the performance of the S&P Emerging Markets Infrastructure Index. It was launched on Jun 16, 2009.
Performance
AVES vs. EMIF - Performance Comparison
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AVES vs. EMIF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AVES Avantis Emerging Markets Value ETF | 2.97% | 30.49% | 4.50% | 16.79% | -16.04% | 1.32% |
EMIF iShares Emerging Markets Infrastructure ETF | 6.16% | 33.90% | 1.21% | 5.67% | -12.59% | -0.86% |
Returns By Period
In the year-to-date period, AVES achieves a 2.97% return, which is significantly lower than EMIF's 6.16% return.
AVES
- 1D
- 3.01%
- 1M
- -9.24%
- YTD
- 2.97%
- 6M
- 6.68%
- 1Y
- 31.64%
- 3Y*
- 16.33%
- 5Y*
- —
- 10Y*
- —
EMIF
- 1D
- 1.91%
- 1M
- -8.08%
- YTD
- 6.16%
- 6M
- 12.77%
- 1Y
- 39.99%
- 3Y*
- 13.95%
- 5Y*
- 6.54%
- 10Y*
- 2.68%
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AVES vs. EMIF - Expense Ratio Comparison
AVES has a 0.36% expense ratio, which is lower than EMIF's 0.75% expense ratio.
Return for Risk
AVES vs. EMIF — Risk / Return Rank
AVES
EMIF
AVES vs. EMIF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Value ETF (AVES) and iShares Emerging Markets Infrastructure ETF (EMIF). 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.
| AVES | EMIF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 2.41 | -0.65 |
Sortino ratioReturn per unit of downside risk | 2.32 | 3.15 | -0.83 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.47 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.40 | 3.78 | -1.38 |
Martin ratioReturn relative to average drawdown | 9.31 | 13.68 | -4.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVES | EMIF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 2.41 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.33 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.13 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.18 | +0.28 |
Correlation
The correlation between AVES and EMIF is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
AVES vs. EMIF - Dividend Comparison
AVES's dividend yield for the trailing twelve months is around 3.19%, less than EMIF's 4.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVES Avantis Emerging Markets Value ETF | 3.19% | 3.17% | 4.09% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMIF iShares Emerging Markets Infrastructure ETF | 4.67% | 4.96% | 4.12% | 2.64% | 3.08% | 3.94% | 2.54% | 2.07% | 2.64% | 2.58% | 3.16% | 2.07% |
Drawdowns
AVES vs. EMIF - Drawdown Comparison
The maximum AVES drawdown since its inception was -27.40%, smaller than the maximum EMIF drawdown of -48.02%. Use the drawdown chart below to compare losses from any high point for AVES and EMIF.
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Drawdown Indicators
| AVES | EMIF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.40% | -48.02% | +20.62% |
Max Drawdown (1Y)Largest decline over 1 year | -12.90% | -10.49% | -2.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.02% | — |
Current DrawdownCurrent decline from peak | -10.28% | -8.65% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -7.91% | -16.00% | +8.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 2.89% | +0.44% |
Volatility
AVES vs. EMIF - Volatility Comparison
Avantis Emerging Markets Value ETF (AVES) has a higher volatility of 8.89% compared to iShares Emerging Markets Infrastructure ETF (EMIF) at 7.64%. This indicates that AVES's price experiences larger fluctuations and is considered to be riskier than EMIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVES | EMIF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.89% | 7.64% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 12.90% | 12.00% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.09% | 16.67% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.73% | 19.63% | -2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 20.61% | -3.88% |