AVGE vs. AVUV
Compare and contrast key facts about Avantis All Equity Markets ETF (AVGE) and Avantis U.S. Small Cap Value ETF (AVUV).
AVGE and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGE is a passively managed fund by Avantis that tracks the performance of the MSCI AC World IMI. It was launched on Sep 27, 2022. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVGE or AVUV.
Key characteristics
| AVGE | AVUV | |
|---|---|---|
| YTD Return | 17.27% | 16.65% |
| 1Y Return | 30.60% | 38.69% |
| Sharpe Ratio | 2.42 | 1.78 |
| Sortino Ratio | 3.32 | 2.62 |
| Omega Ratio | 1.44 | 1.32 |
| Calmar Ratio | 3.71 | 3.52 |
| Martin Ratio | 15.50 | 9.29 |
| Ulcer Index | 1.97% | 4.16% |
| Daily Std Dev | 12.65% | 21.75% |
| Max Drawdown | -11.12% | -49.42% |
| Current Drawdown | -0.93% | -1.32% |
Correlation
The correlation between AVGE and AVUV is 0.90, 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
AVGE vs. AVUV - Performance Comparison
The year-to-date returns for both stocks are quite close, with AVGE having a 17.27% return and AVUV slightly lower at 16.65%. 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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AVGE vs. AVUV - Expense Ratio Comparison
AVGE has a 0.23% expense ratio, which is lower than AVUV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVGE vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis All Equity Markets ETF (AVGE) and Avantis U.S. Small Cap Value ETF (AVUV). 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
AVGE vs. AVUV - Dividend Comparison
AVGE's dividend yield for the trailing twelve months is around 1.74%, more than AVUV's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AVGE Avantis All Equity Markets ETF | 1.74% | 1.93% | 0.74% | 0.00% | 0.00% | 0.00% |
AVUV Avantis U.S. Small Cap Value ETF | 1.51% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% |
Drawdowns
AVGE vs. AVUV - Drawdown Comparison
The maximum AVGE drawdown since its inception was -11.12%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for AVGE and AVUV. For additional features, visit the drawdowns tool.
Volatility
AVGE vs. AVUV - Volatility Comparison
The current volatility for Avantis All Equity Markets ETF (AVGE) is 3.76%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 8.72%. This indicates that AVGE experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.