AVES vs. FNDE
Compare and contrast key facts about Avantis Emerging Markets Value ETF (AVES) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).
AVES and FNDE 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. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVES or FNDE.
Key characteristics
| AVES | FNDE | |
|---|---|---|
| YTD Return | 3.26% | 3.17% |
| 1Y Return | 16.41% | 13.38% |
| Sharpe Ratio | 1.26 | 0.98 |
| Daily Std Dev | 13.59% | 14.24% |
| Max Drawdown | -27.40% | -43.55% |
| Current Drawdown | -2.14% | -6.51% |
Correlation
The correlation between AVES 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.
Performance
AVES vs. FNDE - Performance Comparison
The year-to-date returns for both stocks are quite close, with AVES having a 3.26% return and FNDE slightly lower at 3.17%. 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. FNDE - Expense Ratio Comparison
AVES has a 0.36% expense ratio, which is lower than FNDE's 0.39% expense ratio.
Risk-Adjusted Performance
AVES vs. FNDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Value ETF (AVES) 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
AVES vs. FNDE - Dividend Comparison
AVES's dividend yield for the trailing twelve months is around 3.83%, less than FNDE's 4.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVES Avantis Emerging Markets Value ETF | 3.83% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.59% | 4.74% | 5.59% | 4.32% | 2.50% | 3.47% | 3.04% | 2.05% | 1.65% | 2.02% | 1.36% | 0.51% |
Drawdowns
AVES vs. FNDE - Drawdown Comparison
The maximum AVES drawdown since its inception was -27.40%, smaller than the maximum FNDE drawdown of -43.55%. Use the drawdown chart below to compare losses from any high point for AVES and FNDE. For additional features, visit the drawdowns tool.
Volatility
AVES vs. FNDE - Volatility Comparison
Avantis Emerging Markets Value ETF (AVES) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) have volatilities of 3.63% and 3.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.