AVIG vs. RAVI
Compare and contrast key facts about Avantis Core Fixed Income ETF (AVIG) and FlexShares Ultra-Short Income ETF (RAVI).
AVIG and RAVI 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. RAVI is an actively managed fund by FlexShares. It was launched on Oct 9, 2012.
Performance
AVIG vs. RAVI - Performance Comparison
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AVIG vs. RAVI - 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% |
RAVI FlexShares Ultra-Short Income ETF | 0.72% | 4.98% | 5.67% | 5.55% | 0.15% | -0.04% | 0.16% |
Returns By Period
In the year-to-date period, AVIG achieves a -0.20% return, which is significantly lower than RAVI's 0.72% return.
AVIG
- 1D
- 0.34%
- 1M
- -1.93%
- YTD
- -0.20%
- 6M
- 0.90%
- 1Y
- 4.89%
- 3Y*
- 4.03%
- 5Y*
- 0.34%
- 10Y*
- —
RAVI
- 1D
- 0.06%
- 1M
- 0.03%
- YTD
- 0.72%
- 6M
- 1.90%
- 1Y
- 4.36%
- 3Y*
- 5.24%
- 5Y*
- 3.38%
- 10Y*
- 2.61%
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AVIG vs. RAVI - Expense Ratio Comparison
AVIG has a 0.15% expense ratio, which is lower than RAVI's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
AVIG vs. RAVI — Risk / Return Rank
AVIG
RAVI
AVIG vs. RAVI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income ETF (AVIG) and FlexShares Ultra-Short Income ETF (RAVI). 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 | RAVI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 8.55 | -7.44 |
Sortino ratioReturn per unit of downside risk | 1.53 | 14.44 | -12.91 |
Omega ratioGain probability vs. loss probability | 1.20 | 3.86 | -2.66 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 12.19 | -10.37 |
Martin ratioReturn relative to average drawdown | 5.77 | 78.58 | -72.82 |
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 | RAVI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 8.55 | -7.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 2.40 | -2.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 1.99 | -2.02 |
Correlation
The correlation between AVIG and RAVI is 0.41, 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. RAVI - Dividend Comparison
AVIG's dividend yield for the trailing twelve months is around 4.43%, less than RAVI's 4.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RAVI FlexShares Ultra-Short Income ETF | 4.50% | 4.59% | 5.34% | 4.55% | 1.70% | 0.90% | 1.29% | 2.53% | 2.22% | 1.28% | 0.90% |
Drawdowns
AVIG vs. RAVI - Drawdown Comparison
The maximum AVIG drawdown since its inception was -19.64%, which is greater than RAVI's maximum drawdown of -3.72%. Use the drawdown chart below to compare losses from any high point for AVIG and RAVI.
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Drawdown Indicators
| AVIG | RAVI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.64% | -3.72% | -15.92% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -0.36% | -2.44% |
Max Drawdown (5Y)Largest decline over 5 years | -19.47% | -3.28% | -16.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.72% | — |
Current DrawdownCurrent decline from peak | -1.93% | 0.00% | -1.93% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -0.18% | -7.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 0.06% | +0.82% |
Volatility
AVIG vs. RAVI - Volatility Comparison
Avantis Core Fixed Income ETF (AVIG) has a higher volatility of 1.83% compared to FlexShares Ultra-Short Income ETF (RAVI) at 0.16%. This indicates that AVIG's price experiences larger fluctuations and is considered to be riskier than RAVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVIG | RAVI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.83% | 0.16% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 2.63% | 0.28% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.45% | 0.51% | +3.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.22% | 1.41% | +4.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 1.29% | +4.77% |