AVIG vs. IHY
Compare and contrast key facts about Avantis Core Fixed Income ETF (AVIG) and VanEck Vectors International High Yield Bond ETF (IHY).
AVIG and IHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVIG is an actively managed fund by American Century. It was launched on Oct 13, 2020. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012.
Performance
AVIG vs. IHY - Performance Comparison
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AVIG vs. IHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVIG Avantis Core Fixed Income ETF | -0.20% | 7.98% | 1.55% | 6.41% | -13.94% | -2.15% | 0.96% |
IHY VanEck Vectors International High Yield Bond ETF | -1.67% | 13.39% | 3.55% | 12.11% | -14.34% | -2.82% | 7.20% |
Returns By Period
In the year-to-date period, AVIG achieves a -0.20% return, which is significantly higher than IHY's -1.67% return.
AVIG
- 1D
- 0.34%
- 1M
- -1.93%
- YTD
- -0.20%
- 6M
- 0.90%
- 1Y
- 4.89%
- 3Y*
- 4.03%
- 5Y*
- 0.34%
- 10Y*
- —
IHY
- 1D
- 1.12%
- 1M
- -3.18%
- YTD
- -1.67%
- 6M
- -0.34%
- 1Y
- 8.06%
- 3Y*
- 7.89%
- 5Y*
- 1.71%
- 10Y*
- 4.11%
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AVIG vs. IHY - Expense Ratio Comparison
AVIG has a 0.15% expense ratio, which is lower than IHY's 0.40% expense ratio.
Return for Risk
AVIG vs. IHY — Risk / Return Rank
AVIG
IHY
AVIG vs. IHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income ETF (AVIG) and VanEck Vectors International High Yield Bond ETF (IHY). 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.
| AVIG | IHY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.28 | -0.18 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.84 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.66 | +0.16 |
Martin ratioReturn relative to average drawdown | 5.77 | 6.42 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVIG | IHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.28 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.22 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.52 | -0.55 |
Correlation
The correlation between AVIG and IHY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
AVIG vs. IHY - Dividend Comparison
AVIG's dividend yield for the trailing twelve months is around 4.43%, less than IHY's 5.55% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVIG Avantis Core Fixed Income ETF | 4.43% | 4.36% | 4.66% | 4.06% | 2.53% | 1.12% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHY VanEck Vectors International High Yield Bond ETF | 5.55% | 5.31% | 5.60% | 5.26% | 4.97% | 4.55% | 4.65% | 4.86% | 4.70% | 4.36% | 5.11% | 5.79% |
Drawdowns
AVIG vs. IHY - Drawdown Comparison
The maximum AVIG drawdown since its inception was -19.64%, smaller than the maximum IHY drawdown of -27.63%. Use the drawdown chart below to compare losses from any high point for AVIG and IHY.
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Drawdown Indicators
| AVIG | IHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.64% | -27.63% | +7.99% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -4.75% | +1.95% |
Max Drawdown (5Y)Largest decline over 5 years | -19.47% | -27.63% | +8.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.63% | — |
Current DrawdownCurrent decline from peak | -1.93% | -3.68% | +1.75% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -5.33% | -2.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 1.23% | -0.35% |
Volatility
AVIG vs. IHY - Volatility Comparison
The current volatility for Avantis Core Fixed Income ETF (AVIG) is 1.83%, while VanEck Vectors International High Yield Bond ETF (IHY) has a volatility of 2.49%. This indicates that AVIG experiences smaller price fluctuations and is considered to be less risky than IHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVIG | IHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.83% | 2.49% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 2.63% | 3.71% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.45% | 6.31% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.22% | 7.74% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 7.72% | -1.66% |