AVIE vs. IYW
AVIE (Avantis Inflation Focused Equity ETF) and IYW (iShares U.S. Technology ETF) are both exchange-traded funds - AVIE is a Large Cap Blend Equities fund actively managed by Avantis, while IYW is a Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. AVIE is actively managed, while IYW is passively managed. Over the past 3 years, AVIE returned 12.78%/yr vs 32.49%/yr for IYW. Their 0.22 correlation means their historical movements had little consistent relationship. AVIE charges 0.25%/yr vs 0.38%/yr for IYW.
Performance
AVIE vs. IYW - Performance Comparison
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Returns By Period
In the year-to-date period, AVIE achieves a 18.60% return, which is significantly lower than IYW's 25.92% return.
AVIE
- 1D
- 0.15%
- 1M
- 2.83%
- 6M
- 8.83%
- YTD
- 18.60%
- 1Y
- 31.26%
- 3Y*
- 12.78%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.48%
IYW
- 1D
- -0.90%
- 1M
- 1.57%
- 6M
- 32.06%
- YTD
- 25.92%
- 1Y
- 39.93%
- 3Y*
- 32.49%
- 5Y*
- 19.51%
- 10Y*
- 24.78%
- ALL TIME*
- 9.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $105.07K | $109.47K | $101.49K | |
| $147.27M | $137.39M | $186.55M |
AVIE vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AVIE Avantis Inflation Focused Equity ETF | 18.60% | 11.37% | 6.17% | 4.19% | 15.20% |
IYW iShares U.S. Technology ETF | 25.92% | 25.38% | 30.25% | 65.44% | -2.80% |
Correlation
The correlation between AVIE and IYW is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022 | 0.22 |
The correlation between AVIE and IYW shifts across timeframes, from -0.12 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AVIE vs. IYW — Risk / Return Rank
AVIE
IYW
AVIE vs. IYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and iShares U.S. Technology ETF (IYW). 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 | IYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.28 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 6.32 | 2.25 | +4.07 |
| Martin ratioReturn relative to average drawdown | 21.54 | 6.62 | +14.92 |
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Drawdowns
AVIE vs. IYW - Drawdown Comparison
The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for AVIE and IYW.
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Drawdown Indicators
| AVIE | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.39% | -81.90% | +69.51% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -17.81% | +12.84% |
Max Drawdown (3Y)Largest decline over 3 years | -12.39% | -26.47% | +14.08% |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.44% | — |
Current DrawdownCurrent decline from peak | -0.72% | -3.31% | +2.59% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -34.47% | +31.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 6.05% | -4.59% |
Volatility
AVIE vs. IYW - Volatility Comparison
The current volatility for Avantis Inflation Focused Equity ETF (AVIE) is 2.71%, while iShares U.S. Technology ETF (IYW) has a volatility of 8.66%. This indicates that AVIE experiences smaller price fluctuations and is considered to be less risky than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVIE | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 8.66% | -5.95% |
Volatility (6M)Calculated over the trailing 6-month period | 7.39% | 20.15% | -12.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.98% | 24.03% | -14.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.84% | 26.56% | -13.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.84% | 25.40% | -12.56% |
AVIE vs. IYW - Expense Ratio Comparison
AVIE has a 0.25% expense ratio, which is lower than IYW's 0.38% expense ratio.
Dividends
AVIE vs. IYW - Dividend Comparison
AVIE's dividend yield for the trailing twelve months is around 1.40%, more than IYW's 0.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVIE Avantis Inflation Focused Equity ETF | 1.40% | 1.75% | 1.89% | 3.72% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYW iShares U.S. Technology ETF | 0.10% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
Frequently Asked Questions
AVIE and IYW have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYW has higher volatility (8.66%) compared to AVIE (2.71%). In terms of maximum drawdown, AVIE dropped -12.39% vs IYW's -81.90%.
On 3-year performance, IYW leads with 32.49% vs 12.78% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 2.71%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IYW has performed better with a 32.49% return vs 12.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVIE is cheaper with a 0.25% expense ratio, compared with 0.38% for IYW.
AVIE has the higher dividend yield at 1.40%, compared with 0.10% for IYW.
AVIE is categorized as Large Cap Blend Equities, while IYW is Technology Equities. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.25% for AVIE and 0.38% for IYW.
AVIE currently has the higher Sharpe Ratio (3.15 vs 1.67), 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.
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