AVES vs. VEIEX
Compare and contrast key facts about Avantis Emerging Markets Value ETF (AVES) and Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX).
AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021. VEIEX is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. It was launched on May 4, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVES or VEIEX.
Performance
AVES vs. VEIEX - Performance Comparison
Returns By Period
In the year-to-date period, AVES achieves a 6.89% return, which is significantly lower than VEIEX's 11.44% return.
AVES
6.89%
-5.33%
-2.82%
13.27%
N/A
N/A
VEIEX
11.44%
-4.82%
2.28%
16.00%
4.19%
3.28%
Key characteristics
| AVES | VEIEX | |
|---|---|---|
| Sharpe Ratio | 0.87 | 1.28 |
| Sortino Ratio | 1.28 | 1.85 |
| Omega Ratio | 1.16 | 1.23 |
| Calmar Ratio | 1.35 | 0.69 |
| Martin Ratio | 4.55 | 6.32 |
| Ulcer Index | 2.97% | 2.58% |
| Daily Std Dev | 15.48% | 12.73% |
| Max Drawdown | -27.40% | -65.96% |
| Current Drawdown | -8.35% | -10.54% |
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AVES vs. VEIEX - Expense Ratio Comparison
AVES has a 0.36% expense ratio, which is higher than VEIEX's 0.29% expense ratio.
Correlation
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.
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.
Dividends
AVES vs. VEIEX - Dividend Comparison
AVES's dividend yield for the trailing twelve months is around 3.71%, more than VEIEX's 2.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVES Avantis Emerging Markets Value ETF | 3.71% | 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 | 2.46% | 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%. Use the drawdown chart below to compare losses from any high point for AVES and VEIEX. For additional features, visit the drawdowns tool.
Volatility
AVES vs. VEIEX - Volatility Comparison
Avantis Emerging Markets Value ETF (AVES) has a higher volatility of 5.01% compared to Vanguard Emerging Markets Stock Index Fund Investor Shares (VEIEX) at 3.79%. 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.