AVGV vs. SPDW
Compare and contrast key facts about Avantis ALL Equity Markets Value ETF (AVGV) and SPDR Portfolio World ex-US ETF (SPDW).
AVGV and SPDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGV is an actively managed fund by Avantis. It was launched on Jun 27, 2023. SPDW is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. BMI Index. It was launched on Apr 26, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVGV or SPDW.
Key characteristics
| AVGV | SPDW | |
|---|---|---|
| YTD Return | 10.04% | 9.85% |
| 1Y Return | 19.61% | 17.51% |
| Sharpe Ratio | 1.40 | 1.30 |
| Daily Std Dev | 13.88% | 13.14% |
| Max Drawdown | -10.54% | -60.02% |
| Current Drawdown | -1.37% | -1.21% |
Correlation
The correlation between AVGV and SPDW is 0.88, 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
AVGV vs. SPDW - Performance Comparison
The year-to-date returns for both stocks are quite close, with AVGV having a 10.04% return and SPDW slightly lower at 9.85%. 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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AVGV vs. SPDW - Expense Ratio Comparison
AVGV has a 0.26% expense ratio, which is higher than SPDW's 0.04% expense ratio. However, 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
AVGV vs. SPDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis ALL Equity Markets Value ETF (AVGV) and SPDR Portfolio World ex-US ETF (SPDW). 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
AVGV vs. SPDW - Dividend Comparison
AVGV's dividend yield for the trailing twelve months is around 2.14%, less than SPDW's 2.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGV Avantis ALL Equity Markets Value ETF | 2.14% | 1.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDW SPDR Portfolio World ex-US ETF | 2.64% | 2.75% | 3.12% | 3.04% | 1.87% | 3.13% | 3.07% | 1.86% | 3.11% | 2.79% | 3.51% | 2.36% |
Drawdowns
AVGV vs. SPDW - Drawdown Comparison
The maximum AVGV drawdown since its inception was -10.54%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for AVGV and SPDW. For additional features, visit the drawdowns tool.
Volatility
AVGV vs. SPDW - Volatility Comparison
Avantis ALL Equity Markets Value ETF (AVGV) has a higher volatility of 4.61% compared to SPDR Portfolio World ex-US ETF (SPDW) at 4.27%. This indicates that AVGV's price experiences larger fluctuations and is considered to be riskier than SPDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.