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AVES vs. VEIEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AVESVEIEX
YTD Return3.09%1.92%
1Y Return16.81%7.88%
Sharpe Ratio1.270.73
Daily Std Dev13.55%11.76%
Max Drawdown-27.40%-65.96%
Current Drawdown-1.59%-18.18%

Correlation

0.92
-1.001.00

The correlation between AVES and VEIEX is 0.92, 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. VEIEX - Performance Comparison

In the year-to-date period, AVES achieves a 3.09% return, which is significantly higher than VEIEX's 1.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
2.44%
-9.22%
AVES
VEIEX

Compare stocks, funds, or ETFs


Avantis Emerging Markets Value ETF

Vanguard Emerging Markets Stock Index Fund Investor Shares

AVES vs. VEIEX - Expense Ratio Comparison

AVES has a 0.36% expense ratio, which is higher than VEIEX's 0.29% expense ratio.

AVES
Avantis Emerging Markets Value ETF
0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

AVES vs. VEIEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets Value ETF (AVES) and Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AVES
Avantis Emerging Markets Value ETF
1.27
VEIEX
Vanguard Emerging Markets Stock Index Fund Investor Shares
0.73

AVES vs. VEIEX - Sharpe Ratio Comparison

The current AVES Sharpe Ratio is 1.27, which is higher than the VEIEX Sharpe Ratio of 0.73. The chart below compares the 12-month rolling Sharpe Ratio of AVES and VEIEX.


Rolling 12-month Sharpe Ratio0.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
1.27
0.73
AVES
VEIEX

Dividends

AVES vs. VEIEX - Dividend Comparison

AVES's dividend yield for the trailing twelve months is around 3.84%, more than VEIEX's 3.27% yield.


TTM20232022202120202019201820172016201520142013
AVES
Avantis Emerging Markets Value ETF
3.84%3.96%3.70%0.62%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VEIEX
Vanguard Emerging Markets Stock Index Fund Investor Shares
3.27%3.31%3.87%2.41%1.72%3.07%2.67%2.14%2.33%3.04%2.67%2.57%

Drawdowns

AVES vs. VEIEX - Drawdown Comparison

The maximum AVES drawdown since its inception was -27.40%, smaller than the maximum VEIEX drawdown of -65.96%. The drawdown chart below compares losses from any high point along the way for AVES and VEIEX


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-1.59%
-12.93%
AVES
VEIEX

Volatility

AVES vs. VEIEX - Volatility Comparison

Avantis Emerging Markets Value ETF (AVES) has a higher volatility of 2.72% compared to Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) at 2.47%. This indicates that AVES's price experiences larger fluctuations and is considered to be riskier than VEIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.50%3.00%3.50%4.00%4.50%5.00%OctoberNovemberDecember2024FebruaryMarch
2.72%
2.47%
AVES
VEIEX