AVIE vs. ESN

Last updated Aug 4, 2026

AVIE (Avantis Inflation Focused Equity ETF) and ESN (Essential 40 Stock ETF) are both Large Cap Blend Equities funds. AVIE is actively managed, while ESN is passively managed. Over the past year, AVIE returned 31.22% vs 28.79% for ESN. Their 0.67 correlation means they have sometimes moved together and sometimes differently. AVIE charges 0.25%/yr vs 0.70%/yr for ESN.

Performance

AVIE vs. ESN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) and Essential 40 Stock ETF (ESN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AVIE having a 17.73% return and ESN slightly lower at 17.69%.

AVIE

• 1D: -0.57%
• 1M: 1.80%
• 6M: 11.12%
• YTD: 17.73%
• 1Y: 31.22%
• 3Y*: 12.51%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.28%

ESN

• 1D: 0.90%
• 1M: 0.63%
• 6M: 12.36%
• YTD: 17.69%
• 1Y: 28.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVIE Avantis Inflation Focused Equity ETF	$128.23K	$114.60K	$100.90K
ESN Essential 40 Stock ETF	$2.27M	$1.62M	$1.62M

AVIE vs. ESN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVIE Avantis Inflation Focused Equity ETF	17.73%	11.37%	-6.74%
ESN Essential 40 Stock ETF	17.69%	16.52%	-3.53%

Correlation

The correlation between AVIE and ESN is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (All Time) Calculated using the full available price history since Oct 21, 2024	0.67

The correlation between AVIE and ESN shifts across timeframes, from 0.51 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AVIE vs. ESN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVIE

AVIE Risk / Return Rank: 96
AVIE Sharpe Ratio Rank: 96
AVIE Sortino Ratio Rank: 96
AVIE Omega Ratio Rank: 95
AVIE Calmar Ratio Rank: 96
AVIE Martin Ratio Rank: 95

ESN

ESN Risk / Return Rank: 94
ESN Sharpe Ratio Rank: 95
ESN Sortino Ratio Rank: 94
ESN Omega Ratio Rank: 93
ESN Calmar Ratio Rank: 92
ESN Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVIE vs. ESN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and Essential 40 Stock ETF (ESN). 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.

	AVIE	ESN	Difference
Sharpe ratio: Return per unit of total volatility	3.15	2.91	+0.24
Sortino ratio: Return per unit of downside risk	4.59	4.00	+0.60
Omega ratio: Gain probability vs. loss probability	1.56	1.51	+0.05
Calmar ratio: Return relative to maximum drawdown	6.31	4.50	+1.81
Martin ratio: Return relative to average drawdown	21.51	18.06	+3.44

AVIE vs. ESN - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 3.15, which is comparable to the ESN Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of AVIE and ESN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVIE vs. ESN - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum ESN drawdown of -13.60%. Use the drawdown chart below to compare losses from any high point for AVIE and ESN.

Drawdown Indicators

	AVIE	ESN	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-13.60%	+1.21%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-6.42%	+1.45%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	—	—
Current Drawdown Current decline from peak	-1.45%	0.00%	-1.45%
Average Drawdown Average peak-to-trough decline	-2.93%	-1.80%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	1.60%	-0.14%

Volatility

AVIE vs. ESN - Volatility Comparison

Avantis Inflation Focused Equity ETF (AVIE) has a higher volatility of 3.03% compared to Essential 40 Stock ETF (ESN) at 2.69%. This indicates that AVIE's price experiences larger fluctuations and is considered to be riskier than ESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIE	ESN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	2.69%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	7.50%	7.51%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	9.99%	9.97%	+0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.85%	13.04%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.85%	13.04%	-0.19%

AVIE vs. ESN - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is lower than ESN's 0.70% expense ratio.

Dividends

AVIE vs. ESN - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.41%, more than ESN's 0.77% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.41%	1.75%	1.89%	3.72%	0.39%
ESN Essential 40 Stock ETF	0.77%	0.91%	0.76%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVIE and ESN in my portfolio?

AVIE and ESN have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIE or ESN?

AVIE has higher volatility (3.03%) compared to ESN (2.69%). In terms of maximum drawdown, AVIE dropped -12.39% vs ESN's -13.60%.

Which ETF is better, AVIE or ESN?

On 1-year performance, AVIE leads with 31.22% vs 28.79% for ESN. On fees, AVIE is cheaper at 0.25% per year. On volatility, ESN has been the lower-risk option at 2.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or ESN?

Over the 1-year period, AVIE has performed better with a 31.22% return vs 28.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or ESN?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.70% for ESN.

Which ETF pays a higher dividend yield, AVIE or ESN?

AVIE has the higher dividend yield at 1.41%, compared with 0.77% for ESN.

What is the main difference between AVIE and ESN?

They also come from different issuers: Avantis and KKM. Their fees differ too: 0.25% for AVIE and 0.70% for ESN.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (3.15 vs 2.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.