AVLV vs. ROE

Last updated Jun 4, 2026

AVLV (Avantis U.S. Large Cap Value ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. AVLV is passively managed, while ROE is actively managed. Over the past year, AVLV returned 38.77% vs 37.99% for ROE. Their correlation of 0.89 suggests significant overlap in exposure. AVLV charges 0.15%/yr vs 0.49%/yr for ROE.

Performance

AVLV vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Large Cap Value ETF (AVLV) and Astoria US Equal Weight Quality Kings ETF (ROE). 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 AVLV having a 20.64% return and ROE slightly higher at 20.98%.

AVLV

• 1D: 0.14%
• 1M: 5.75%
• YTD: 20.64%
• 6M: 22.01%
• 1Y: 38.77%
• 3Y*: 23.23%
• 5Y*: —
• 10Y*: —

ROE

• 1D: -0.04%
• 1M: 8.10%
• YTD: 20.98%
• 6M: 21.56%
• 1Y: 37.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVLV vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVLV Avantis U.S. Large Cap Value ETF	20.64%	15.12%	17.49%	4.35%
ROE Astoria US Equal Weight Quality Kings ETF	20.98%	17.20%	18.34%	4.29%

Correlation

The correlation between AVLV and ROE is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Aug 2, 2023	0.89

The correlation between AVLV and ROE has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

AVLV vs. ROE - Sectors Allocation Comparison

Sectors	AVLV	ROE
Technology	17.2%	36.1%
Financial Services	16.3%	11.7%
Industrials	15.4%	9.8%
Energy	14.4%	3.5%
Consumer Cyclical	14.1%	9.4%
Consumer Defensive	7.7%	4.7%
Communication Services	6.9%	10.6%
Healthcare	5.6%	8.7%
Basic Materials	2.0%	1.8%
Utilities	0.3%	1.9%
Real Estate	0.1%	1.9%

Return for Risk

AVLV vs. ROE — Risk / Return Rank

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

AVLV

AVLV Risk / Return Rank: 91
AVLV Sharpe Ratio Rank: 90
AVLV Sortino Ratio Rank: 91
AVLV Omega Ratio Rank: 89
AVLV Calmar Ratio Rank: 91
AVLV Martin Ratio Rank: 93

ROE

ROE Risk / Return Rank: 83
ROE Sharpe Ratio Rank: 84
ROE Sortino Ratio Rank: 82
ROE Omega Ratio Rank: 80
ROE Calmar Ratio Rank: 83
ROE Martin Ratio Rank: 89

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.

AVLV vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Value ETF (AVLV) and Astoria US Equal Weight Quality Kings ETF (ROE). 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.

	AVLV	ROE	Difference
Sharpe ratio: Return per unit of total volatility	3.18	2.74	+0.43
Sortino ratio: Return per unit of downside risk	4.39	3.69	+0.70
Omega ratio: Gain probability vs. loss probability	1.57	1.48	+0.09
Calmar ratio: Return relative to maximum drawdown	6.09	4.41	+1.69
Martin ratio: Return relative to average drawdown	24.39	19.92	+4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVLV vs. ROE - Sharpe Ratio Comparison

The current AVLV Sharpe Ratio is 3.18, which is comparable to the ROE Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of AVLV and ROE, 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

	AVLV	ROE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.18	2.74	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.39	-0.53

Drawdowns

AVLV vs. ROE - Drawdown Comparison

The maximum AVLV drawdown since its inception was -19.50%, roughly equal to the maximum ROE drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for AVLV and ROE.

Drawdown Indicators

	AVLV	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-19.50%	-19.10%	-0.40%
Max Drawdown (1Y) Largest decline over 1 year	-6.39%	-8.66%	+2.27%
Max Drawdown (3Y) Largest decline over 3 years	-19.50%	—	—
Current Drawdown Current decline from peak	0.00%	-0.04%	+0.04%
Average Drawdown Average peak-to-trough decline	-3.93%	-2.59%	-1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	1.91%	-0.32%

Volatility

AVLV vs. ROE - Volatility Comparison

The current volatility for Avantis U.S. Large Cap Value ETF (AVLV) is 3.12%, while Astoria US Equal Weight Quality Kings ETF (ROE) has a volatility of 3.79%. This indicates that AVLV experiences smaller price fluctuations and is considered to be less risky than ROE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVLV	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	3.79%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	9.04%	10.66%	-1.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	13.94%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	15.78%	+1.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	15.78%	+1.57%

AVLV vs. ROE - Expense Ratio Comparison

AVLV has a 0.15% expense ratio, which is lower than ROE's 0.49% expense ratio.

Dividends

AVLV vs. ROE - Dividend Comparison

AVLV's dividend yield for the trailing twelve months is around 1.07%, more than ROE's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021
AVLV Avantis U.S. Large Cap Value ETF	1.07%	1.33%	1.58%	1.85%	2.00%	0.29%
ROE Astoria US Equal Weight Quality Kings ETF	0.94%	0.97%	1.18%	0.68%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVLV and ROE in my portfolio?

AVLV and ROE have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVLV or ROE?

ROE has higher volatility (3.79%) compared to AVLV (3.12%). In terms of maximum drawdown, AVLV dropped -19.50% vs ROE's -19.10%.

Which ETF is better, AVLV or ROE?

On 1-year performance, AVLV leads with 38.77% vs 37.99% for ROE. On fees, AVLV is cheaper at 0.15% per year. On volatility, AVLV has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVLV or ROE?

Over the 1-year period, AVLV has performed better with a 38.77% return vs 37.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVLV or ROE?

AVLV is cheaper with a 0.15% expense ratio, compared with 0.49% for ROE.

Which ETF pays a higher dividend yield, AVLV or ROE?

AVLV has the higher dividend yield at 1.07%, compared with 0.94% for ROE.

What is the main difference between AVLV and ROE?

They also come from different issuers: American Century and Astoria. Their fees differ too: 0.15% for AVLV and 0.49% for ROE.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (3.17 vs 2.74), 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.