AVIE vs. PRAY

Last updated Aug 4, 2026

AVIE (Avantis Inflation Focused Equity ETF) and PRAY (FIS Biblically Responsible Risk Managed ETF) are both Large Cap Blend Equities funds. AVIE is actively managed, while PRAY is passively managed. Over the past 3 years, AVIE returned 12.51%/yr vs 14.45%/yr for PRAY. Their 0.54 correlation means they have sometimes moved together and sometimes differently. AVIE charges 0.25%/yr vs 0.69%/yr for PRAY.

Performance

AVIE vs. PRAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) and FIS Biblically Responsible Risk Managed ETF (PRAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIE achieves a 17.73% return, which is significantly higher than PRAY's 13.69% return.

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%

PRAY

• 1D: 0.93%
• 1M: 2.04%
• 6M: 8.50%
• YTD: 13.69%
• 1Y: 17.13%
• 3Y*: 14.45%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.95%

*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
PRAY FIS Biblically Responsible Risk Managed ETF	$322.51K	$508.05K	$373.90K

AVIE vs. PRAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	17.73%	11.37%	6.17%	4.19%	15.20%
PRAY FIS Biblically Responsible Risk Managed ETF	13.69%	9.08%	13.02%	20.02%	5.89%

Correlation

The correlation between AVIE and PRAY is 0.21, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.21
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.54

Over the past year, the correlation between AVIE and PRAY has dropped to 0.21 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

AVIE vs. PRAY - Sectors Allocation Comparison

Sectors	AVIE	PRAY
Healthcare	29.6%	7.0%
Energy	26.5%	3.2%
Consumer Defensive	16.9%	3.4%
Financial Services	15.7%	12.5%
Basic Materials	9.0%	3.0%
Industrials	1.7%	16.2%
Real Estate	0.5%	1.5%
Consumer Cyclical	0.1%	13.1%
Technology	0.1%	28.5%
Utilities	0.0%	3.8%
Communication Services	-	7.7%

Return for Risk

AVIE vs. PRAY — 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

PRAY

PRAY Risk / Return Rank: 49
PRAY Sharpe Ratio Rank: 45
PRAY Sortino Ratio Rank: 47
PRAY Omega Ratio Rank: 44
PRAY Calmar Ratio Rank: 51
PRAY Martin Ratio Rank: 59

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. PRAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and FIS Biblically Responsible Risk Managed ETF (PRAY). 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	PRAY	Difference
Sharpe ratio: Return per unit of total volatility	3.15	1.21	+1.93
Sortino ratio: Return per unit of downside risk	4.59	1.83	+2.76
Omega ratio: Gain probability vs. loss probability	1.56	1.22	+0.34
Calmar ratio: Return relative to maximum drawdown	6.31	1.95	+4.36
Martin ratio: Return relative to average drawdown	21.51	7.46	+14.05

AVIE vs. PRAY - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 3.15, which is higher than the PRAY Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of AVIE and PRAY, 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. PRAY - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum PRAY drawdown of -21.40%. Use the drawdown chart below to compare losses from any high point for AVIE and PRAY.

Drawdown Indicators

	AVIE	PRAY	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-21.40%	+9.01%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-8.80%	+3.83%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	-17.13%	+4.74%
Current Drawdown Current decline from peak	-1.45%	-1.76%	+0.31%
Average Drawdown Average peak-to-trough decline	-2.93%	-5.32%	+2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	2.30%	-0.84%

Volatility

AVIE vs. PRAY - Volatility Comparison

The current volatility for Avantis Inflation Focused Equity ETF (AVIE) is 3.03%, while FIS Biblically Responsible Risk Managed ETF (PRAY) has a volatility of 4.67%. This indicates that AVIE experiences smaller price fluctuations and is considered to be less risky than PRAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIE	PRAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	4.67%	-1.64%
Volatility (6M) Calculated over the trailing 6-month period	7.50%	12.21%	-4.71%
Volatility (1Y) Calculated over the trailing 1-year period	9.99%	14.23%	-4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.85%	16.08%	-3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.85%	16.08%	-3.23%

AVIE vs. PRAY - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is lower than PRAY's 0.69% expense ratio.

Dividends

AVIE vs. PRAY - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.41%, more than PRAY's 0.61% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.41%	1.75%	1.89%	3.72%	0.39%
PRAY FIS Biblically Responsible Risk Managed ETF	0.61%	0.69%	0.76%	0.83%	1.20%

Frequently Asked Questions

Can I hold both AVIE and PRAY in my portfolio?

AVIE and PRAY have a correlation of 0.21, 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 PRAY?

PRAY has higher volatility (4.67%) compared to AVIE (3.03%). In terms of maximum drawdown, AVIE dropped -12.39% vs PRAY's -21.40%.

Which ETF is better, AVIE or PRAY?

On 3-year performance, PRAY leads with 14.45% vs 12.51% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or PRAY?

Over the 3-year period, PRAY has performed better with a 14.45% return vs 12.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or PRAY?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.69% for PRAY.

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

AVIE has the higher dividend yield at 1.41%, compared with 0.61% for PRAY.

What is the main difference between AVIE and PRAY?

They also come from different issuers: Avantis and Faith Investor Services. Their fees differ too: 0.25% for AVIE and 0.69% for PRAY.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (3.15 vs 1.21), 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.