AVGS.L vs. AVSG.L
AVGS.L (Avantis Global Small Cap Value UCITS ETF USD Acc) and AVSG.L (Avantis Global Small Cap Value UCITS ETF USD Acc) are both exchange-traded funds - AVGS.L is a Global Equities fund actively managed by Avantis, while AVSG.L is a Small Cap Value Equities fund actively managed by Avantis. Both are actively managed. Over the past year, AVGS.L returned 37.10% vs 40.13% for AVSG.L. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.39% expense ratio.
Performance
AVGS.L vs. AVSG.L - Performance Comparison
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Returns By Period
In the year-to-date period, AVGS.L achieves a 18.60% return, which is significantly lower than AVSG.L's 19.93% return.
AVGS.L
- 1D
- -0.35%
- 1M
- 3.43%
- YTD
- 18.60%
- 6M
- 18.74%
- 1Y
- 37.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVSG.L
- 1D
- 0.00%
- 1M
- 3.56%
- YTD
- 19.93%
- 6M
- 19.83%
- 1Y
- 40.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGS.L vs. AVSG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVGS.L Avantis Global Small Cap Value UCITS ETF USD Acc | 18.60% | 20.19% | -4.46% |
AVSG.L Avantis Global Small Cap Value UCITS ETF USD Acc | 19.93% | 12.18% | -3.69% |
Correlation
The correlation between AVGS.L and AVSG.L is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2024 | 0.88 |
The correlation between AVGS.L and AVSG.L has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.
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Return for Risk
AVGS.L vs. AVSG.L — Risk / Return Rank
AVGS.L
AVSG.L
AVGS.L vs. AVSG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Global Small Cap Value UCITS ETF USD Acc (AVGS.L) and Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVGS.L | AVSG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.56 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 5.84 | -1.32 |
| Martin ratioReturn relative to average drawdown | 15.85 | 22.89 | -7.03 |
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Drawdowns
AVGS.L vs. AVSG.L - Drawdown Comparison
The maximum AVGS.L drawdown since its inception was -20.23%, smaller than the maximum AVSG.L drawdown of -21.38%. Use the drawdown chart below to compare losses from any high point for AVGS.L and AVSG.L.
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Drawdown Indicators
| AVGS.L | AVSG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.23% | -21.38% | +1.15% |
Max Drawdown (1Y)Largest decline over 1 year | -8.39% | -6.90% | -1.49% |
Current DrawdownCurrent decline from peak | -1.15% | -0.23% | -0.92% |
Average DrawdownAverage peak-to-trough decline | -2.91% | -3.88% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 1.76% | +0.63% |
Volatility
AVGS.L vs. AVSG.L - Volatility Comparison
Avantis Global Small Cap Value UCITS ETF USD Acc (AVGS.L) has a higher volatility of 4.29% compared to Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L) at 3.56%. This indicates that AVGS.L's price experiences larger fluctuations and is considered to be riskier than AVSG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGS.L | AVSG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 3.56% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 10.61% | 9.66% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 13.11% | +1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 15.92% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.99% | 15.92% | +1.07% |
AVGS.L vs. AVSG.L - Expense Ratio Comparison
Both AVGS.L and AVSG.L have an expense ratio of 0.39%.
Dividends
AVGS.L vs. AVSG.L - Dividend Comparison
Neither AVGS.L nor AVSG.L has paid dividends to shareholders.
Frequently Asked Questions
AVGS.L and AVSG.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.39% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AVGS.L and AVSG.L have the same expense ratio: 0.39% per year.
AVGS.L is categorized as Global Equities, while AVSG.L is Small Cap Value Equities.
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