AVIGX vs. AVUVX

Last updated Jun 3, 2026

AVIGX (Avantis Core Fixed Income Fund) and AVUVX (Avantis U.S. Small Cap Value Fund) are both mutual funds - AVIGX is a Intermediate Core Bond fund managed by Avantis Investors, while AVUVX is a Small Cap Value Equities fund managed by Avantis Investors. Over the past 5 years, AVIGX returned 0.14%/yr vs 10.91%/yr for AVUVX. At a 0.07 correlation, their price movements are largely independent. AVIGX charges 0.15%/yr vs 0.25%/yr for AVUVX.

Performance

AVIGX vs. AVUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Core Fixed Income Fund (AVIGX) and Avantis U.S. Small Cap Value Fund (AVUVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIGX achieves a 0.26% return, which is significantly lower than AVUVX's 18.39% return.

AVIGX

• 1D: -0.12%
• 1M: 0.12%
• YTD: 0.26%
• 6M: 0.51%
• 1Y: 5.62%
• 3Y*: 4.42%
• 5Y*: 0.14%
• 10Y*: —

AVUVX

• 1D: 0.10%
• 1M: 0.64%
• YTD: 18.39%
• 6M: 19.97%
• 1Y: 40.33%
• 3Y*: 19.60%
• 5Y*: 10.91%
• 10Y*: —

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

AVIGX vs. AVUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVIGX Avantis Core Fixed Income Fund	0.26%	8.04%	2.07%	5.13%	-13.62%	0.99%
AVUVX Avantis U.S. Small Cap Value Fund	18.39%	8.88%	8.83%	22.96%	-4.74%	11.22%

Correlation

The correlation between AVIGX and AVUVX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Mar 10, 2021	0.07

The correlation between AVIGX and AVUVX shifts across timeframes, from 0.07 (all time) to 0.19 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

AVIGX vs. AVUVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVIGX

AVIGX Risk / Return Rank: 22
AVIGX Sharpe Ratio Rank: 20
AVIGX Sortino Ratio Rank: 20
AVIGX Omega Ratio Rank: 19
AVIGX Calmar Ratio Rank: 28
AVIGX Martin Ratio Rank: 24

AVUVX

AVUVX Risk / Return Rank: 68
AVUVX Sharpe Ratio Rank: 60
AVUVX Sortino Ratio Rank: 60
AVUVX Omega Ratio Rank: 51
AVUVX Calmar Ratio Rank: 91
AVUVX Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVIGX vs. AVUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income Fund (AVIGX) and Avantis U.S. Small Cap Value Fund (AVUVX). 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.

	AVIGX	AVUVX	Difference
Sharpe ratio Return per unit of total volatility	1.28	2.29	-1.00
Sortino ratio Return per unit of downside risk	1.92	3.26	-1.35
Omega ratio Gain probability vs. loss probability	1.23	1.39	-0.16
Calmar ratio Return relative to maximum drawdown	1.99	4.75	-2.76
Martin ratio Return relative to average drawdown	6.14	14.51	-8.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVIGX vs. AVUVX - Sharpe Ratio Comparison

The current AVIGX Sharpe Ratio is 1.28, which is lower than the AVUVX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of AVIGX and AVUVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVIGX	AVUVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	2.29	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.48	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.57	-0.53

Drawdowns

AVIGX vs. AVUVX - Drawdown Comparison

The maximum AVIGX drawdown since its inception was -19.39%, smaller than the maximum AVUVX drawdown of -50.24%. Use the drawdown chart below to compare losses from any high point for AVIGX and AVUVX.

Drawdown Indicators

	AVIGX	AVUVX	Difference
Max Drawdown Largest peak-to-trough decline	-19.39%	-50.24%	+30.85%
Max Drawdown (1Y) Largest decline over 1 year	-3.04%	-8.25%	+5.21%
Max Drawdown (3Y) Largest decline over 3 years	-6.28%	-28.81%	+22.53%
Max Drawdown (5Y) Largest decline over 5 years	-19.39%	-28.81%	+9.42%
Current Drawdown Current decline from peak	-1.61%	-0.77%	-0.84%
Average Drawdown Average peak-to-trough decline	-8.34%	-7.74%	-0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.98%	2.70%	-1.72%

Volatility

AVIGX vs. AVUVX - Volatility Comparison

The current volatility for Avantis Core Fixed Income Fund (AVIGX) is 1.51%, while Avantis U.S. Small Cap Value Fund (AVUVX) has a volatility of 4.22%. This indicates that AVIGX experiences smaller price fluctuations and is considered to be less risky than AVUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIGX	AVUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	4.22%	-2.71%
Volatility (6M) Calculated over the trailing 6-month period	3.11%	11.46%	-8.35%
Volatility (1Y) Calculated over the trailing 1-year period	4.20%	17.62%	-13.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.19%	22.73%	-16.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.09%	28.81%	-22.72%

AVIGX vs. AVUVX - Expense Ratio Comparison

AVIGX has a 0.15% expense ratio, which is lower than AVUVX'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%.

Dividends

AVIGX vs. AVUVX - Dividend Comparison

AVIGX's dividend yield for the trailing twelve months is around 4.42%, less than AVUVX's 5.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVIGX Avantis Core Fixed Income Fund	4.42%	4.45%	4.97%	2.92%	3.01%	0.79%	0.00%	0.00%
AVUVX Avantis U.S. Small Cap Value Fund	5.99%	7.09%	4.11%	1.57%	8.07%	5.83%	0.73%	0.14%

Frequently Asked Questions

Can I hold both AVIGX and AVUVX in my portfolio?

AVIGX and AVUVX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIGX or AVUVX?

AVUVX has higher volatility (4.22%) compared to AVIGX (1.51%). In terms of maximum drawdown, AVIGX dropped -19.39% vs AVUVX's -50.24%.

Which has better risk-adjusted returns?

AVUVX currently has the higher Sharpe Ratio (2.29 vs 1.28), 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.