AVIV vs. AVUV

Last updated Apr 2, 2026

Compare and contrast key facts about Avantis International Large Cap Value ETF (AVIV) and Avantis US Small Cap Value ETF (AVUV).

AVIV and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVIV is a passively managed fund by Avantis that tracks the performance of the MSCI World ex-U.S. Value Index. It was launched on Sep 29, 2021. AVUV is a passively managed fund by Avantis that tracks the performance of the Russell 2000 Value. It was launched on Sep 24, 2019. Both AVIV and AVUV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AVIV vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Large Cap Value ETF (AVIV) and Avantis US Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

AVIV vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVIV Avantis International Large Cap Value ETF	6.56%	41.80%	4.30%	18.47%	-8.26%	1.93%
AVUV Avantis US Small Cap Value ETF	8.80%	7.44%	9.28%	22.82%	-4.91%	6.12%

Returns By Period

In the year-to-date period, AVIV achieves a 6.56% return, which is significantly lower than AVUV's 8.80% return.

AVIV

• 1D: 1.30%
• 1M: -4.41%
• YTD: 6.56%
• 6M: 13.51%
• 1Y: 38.23%
• 3Y*: 20.46%
• 5Y*: —
• 10Y*: —

AVUV

• 1D: 0.18%
• 1M: -2.36%
• YTD: 8.80%
• 6M: 11.45%
• 1Y: 28.45%
• 3Y*: 16.26%
• 5Y*: 10.42%
• 10Y*: —

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

AVIV vs. AVUV - Expense Ratio Comparison

Both AVIV and AVUV have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

AVIV

Avantis International Large Cap Value ETF

AVUV

Avantis US Small Cap Value ETF

Return for Risk

AVIV vs. AVUV — Risk / Return Rank

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

AVIV

AVIV Risk / Return Rank: 93
AVIV Sharpe Ratio Rank: 93
AVIV Sortino Ratio Rank: 94
AVIV Omega Ratio Rank: 95
AVIV Calmar Ratio Rank: 91
AVIV Martin Ratio Rank: 93

AVUV

AVUV Risk / Return Rank: 69
AVUV Sharpe Ratio Rank: 67
AVUV Sortino Ratio Rank: 69
AVUV Omega Ratio Rank: 66
AVUV Calmar Ratio Rank: 71
AVUV Martin Ratio Rank: 70

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.

AVIV vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Large Cap Value ETF (AVIV) and Avantis US Small Cap Value ETF (AVUV). 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.

	AVIV	AVUV	Difference
Sharpe ratio Return per unit of total volatility	2.25	1.22	+1.04
Sortino ratio Return per unit of downside risk	2.97	1.78	+1.19
Omega ratio Gain probability vs. loss probability	1.47	1.25	+0.22
Calmar ratio Return relative to maximum drawdown	3.31	1.88	+1.44
Martin ratio Return relative to average drawdown	13.81	7.40	+6.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVIV vs. AVUV - Sharpe Ratio Comparison

The current AVIV Sharpe Ratio is 2.25, which is higher than the AVUV Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of AVIV and AVUV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVIV	AVUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.22	+1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.52	+0.27

Correlation

The correlation between AVIV and AVUV is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AVIV vs. AVUV - Dividend Comparison

AVIV's dividend yield for the trailing twelve months is around 2.96%, more than AVUV's 1.40% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
AVIV Avantis International Large Cap Value ETF	2.96%	3.01%	3.46%	3.64%	2.84%	0.57%	0.00%	0.00%
AVUV Avantis US Small Cap Value ETF	1.40%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%

Drawdowns

AVIV vs. AVUV - Drawdown Comparison

The maximum AVIV drawdown since its inception was -27.69%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for AVIV and AVUV.

Drawdown Indicators

	AVIV	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-27.69%	-49.42%	+21.73%
Max Drawdown (1Y) Largest decline over 1 year	-11.57%	-15.43%	+3.86%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.79%	—
Current Drawdown Current decline from peak	-5.76%	-3.97%	-1.79%
Average Drawdown Average peak-to-trough decline	-5.22%	-8.14%	+2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	3.91%	-1.13%

Volatility

AVIV vs. AVUV - Volatility Comparison

Avantis International Large Cap Value ETF (AVIV) has a higher volatility of 6.91% compared to Avantis US Small Cap Value ETF (AVUV) at 5.41%. This indicates that AVIV's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIV	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	5.41%	+1.50%
Volatility (6M) Calculated over the trailing 6-month period	10.88%	13.10%	-2.22%
Volatility (1Y) Calculated over the trailing 1-year period	17.04%	23.46%	-6.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	22.95%	-6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	28.59%	-11.68%