AVLC vs. PINZX

Last updated Jun 4, 2026

AVLC (Avantis U.S. Large Cap Equity ETF) and PINZX (Principal Overseas Fund) are both funds - AVLC is a Large Cap Blend Equities fund actively managed by American Century, while PINZX is a Foreign Large Cap Equities fund managed by Principal. Over the past year, AVLC returned 32.71% vs 35.41% for PINZX. A 0.67 correlation means they provide meaningful diversification when combined. AVLC charges 0.15%/yr vs 0.97%/yr for PINZX.

Performance

AVLC vs. PINZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Large Cap Equity ETF (AVLC) and Principal Overseas Fund (PINZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AVLC having a 14.81% return and PINZX slightly higher at 15.12%.

AVLC

• 1D: -0.43%
• 1M: 5.65%
• YTD: 14.81%
• 6M: 15.10%
• 1Y: 32.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PINZX

• 1D: 0.75%
• 1M: 7.93%
• YTD: 15.12%
• 6M: 19.56%
• 1Y: 35.41%
• 3Y*: 25.55%
• 5Y*: 15.65%
• 10Y*: 12.22%

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

AVLC vs. PINZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVLC Avantis U.S. Large Cap Equity ETF	14.81%	17.57%	22.82%	12.05%
PINZX Principal Overseas Fund	15.12%	40.18%	13.98%	8.72%

Correlation

The correlation between AVLC and PINZX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023	0.67

The correlation between AVLC and PINZX has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

Return for Risk

AVLC vs. PINZX — Risk / Return Rank

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

AVLC

AVLC Risk / Return Rank: 81
AVLC Sharpe Ratio Rank: 80
AVLC Sortino Ratio Rank: 79
AVLC Omega Ratio Rank: 78
AVLC Calmar Ratio Rank: 79
AVLC Martin Ratio Rank: 87

PINZX

PINZX Risk / Return Rank: 50
PINZX Sharpe Ratio Rank: 56
PINZX Sortino Ratio Rank: 51
PINZX Omega Ratio Rank: 53
PINZX Calmar Ratio Rank: 46
PINZX Martin Ratio Rank: 46

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.

AVLC vs. PINZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Equity ETF (AVLC) and Principal Overseas Fund (PINZX). 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.

	AVLC	PINZX	Difference
Sharpe ratio Return per unit of total volatility	2.65	2.20	+0.45
Sortino ratio Return per unit of downside risk	3.59	3.03	+0.56
Omega ratio Gain probability vs. loss probability	1.48	1.40	+0.07
Calmar ratio Return relative to maximum drawdown	4.11	2.59	+1.52
Martin ratio Return relative to average drawdown	18.96	9.64	+9.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVLC vs. PINZX - Sharpe Ratio Comparison

The current AVLC Sharpe Ratio is 2.65, which is comparable to the PINZX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of AVLC and PINZX, 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

	AVLC	PINZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	2.20	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	0.41	+1.26

Drawdowns

AVLC vs. PINZX - Drawdown Comparison

The maximum AVLC drawdown since its inception was -19.64%, smaller than the maximum PINZX drawdown of -44.27%. Use the drawdown chart below to compare losses from any high point for AVLC and PINZX.

Drawdown Indicators

	AVLC	PINZX	Difference
Max Drawdown Largest peak-to-trough decline	-19.64%	-44.27%	+24.63%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-13.53%	+5.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.27%	—
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-1.97%	-9.25%	+7.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	3.63%	-1.90%

Volatility

AVLC vs. PINZX - Volatility Comparison

The current volatility for Avantis U.S. Large Cap Equity ETF (AVLC) is 3.02%, while Principal Overseas Fund (PINZX) has a volatility of 5.24%. This indicates that AVLC experiences smaller price fluctuations and is considered to be less risky than PINZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVLC	PINZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	5.24%	-2.22%
Volatility (6M) Calculated over the trailing 6-month period	9.25%	13.12%	-3.87%
Volatility (1Y) Calculated over the trailing 1-year period	12.40%	15.94%	-3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.69%	17.24%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	18.17%	-2.48%

AVLC vs. PINZX - Expense Ratio Comparison

AVLC has a 0.15% expense ratio, which is lower than PINZX's 0.97% expense ratio.

Dividends

AVLC vs. PINZX - Dividend Comparison

AVLC's dividend yield for the trailing twelve months is around 0.78%, less than PINZX's 8.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLC Avantis U.S. Large Cap Equity ETF	0.78%	0.92%	1.09%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PINZX Principal Overseas Fund	8.44%	9.71%	29.12%	6.31%	8.23%	7.70%	1.85%	3.08%	10.03%	3.15%	2.04%	4.01%

Frequently Asked Questions

Can I hold both AVLC and PINZX in my portfolio?

AVLC and PINZX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVLC or PINZX?

PINZX has higher volatility (5.24%) compared to AVLC (3.02%). In terms of maximum drawdown, AVLC dropped -19.64% vs PINZX's -44.27%.

Which has better risk-adjusted returns?

AVLC currently has the higher Sharpe Ratio (2.65 vs 2.20), 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.