AVLVX vs. CABDX

Last updated Aug 5, 2026

AVLVX (Avantis U.S. Large Cap Value Fund Institutional Class) and CABDX (AB Relative Value Fund) are both Large Cap Value Equities funds. Over the past 3 years, AVLVX returned 21.77%/yr vs 15.61%/yr for CABDX. Their correlation of 0.92 means they have usually moved in the same direction. AVLVX charges 0.15%/yr vs 0.90%/yr for CABDX.

Performance

AVLVX vs. CABDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) and AB Relative Value Fund (CABDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVLVX achieves a 26.11% return, which is significantly higher than CABDX's 18.14% return.

AVLVX

• 1D: 0.96%
• 1M: 2.84%
• 6M: 15.99%
• YTD: 26.11%
• 1Y: 40.27%
• 3Y*: 21.77%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.43%

CABDX

• 1D: 0.93%
• 1M: 3.53%
• 6M: 12.39%
• YTD: 18.14%
• 1Y: 25.40%
• 3Y*: 15.61%
• 5Y*: 10.40%
• 10Y*: 11.59%
• ALL TIME*: 11.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	$0.00	$0.00	$0.00
CABDX AB Relative Value Fund	$0.00	$0.00	$0.00

AVLVX vs. CABDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	26.11%	15.23%	16.93%	16.75%	8.38%
CABDX AB Relative Value Fund	18.14%	10.26%	12.63%	11.24%	12.07%

Correlation

The correlation between AVLVX and CABDX is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022	0.92

The correlation between AVLVX and CABDX has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.

Return for Risk

AVLVX vs. CABDX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVLVX

AVLVX Risk / Return Rank: 98
AVLVX Sharpe Ratio Rank: 99
AVLVX Sortino Ratio Rank: 97
AVLVX Omega Ratio Rank: 97
AVLVX Calmar Ratio Rank: 98
AVLVX Martin Ratio Rank: 98

CABDX

CABDX Risk / Return Rank: 93
CABDX Sharpe Ratio Rank: 94
CABDX Sortino Ratio Rank: 93
CABDX Omega Ratio Rank: 90
CABDX Calmar Ratio Rank: 94
CABDX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVLVX vs. CABDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) and AB Relative Value Fund (CABDX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVLVX	CABDX	Difference
Sharpe ratio: Return per unit of total volatility	3.39	2.55	+0.83
Sortino ratio: Return per unit of downside risk	4.66	3.66	+1.00
Omega ratio: Gain probability vs. loss probability	1.62	1.47	+0.15
Calmar ratio: Return relative to maximum drawdown	7.01	4.33	+2.68
Martin ratio: Return relative to average drawdown	28.70	16.47	+12.23

AVLVX vs. CABDX - Sharpe Ratio Comparison

The current AVLVX Sharpe Ratio is 3.39, which is higher than the CABDX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of AVLVX and CABDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVLVX vs. CABDX - Drawdown Comparison

The maximum AVLVX drawdown since its inception was -19.51%, smaller than the maximum CABDX drawdown of -57.40%. Use the drawdown chart below to compare losses from any high point for AVLVX and CABDX.

Drawdown Indicators

	AVLVX	CABDX	Difference
Max Drawdown Largest peak-to-trough decline	-19.51%	-57.40%	+37.89%
Max Drawdown (1Y) Largest decline over 1 year	-6.01%	-6.21%	+0.20%
Max Drawdown (3Y) Largest decline over 3 years	-19.51%	-15.69%	-3.82%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.33%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.09%	-8.41%	+5.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	1.63%	-0.17%

Volatility

AVLVX vs. CABDX - Volatility Comparison

The current volatility for Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) is 2.36%, while AB Relative Value Fund (CABDX) has a volatility of 2.56%. This indicates that AVLVX experiences smaller price fluctuations and is considered to be less risky than CABDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVLVX	CABDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	2.56%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	8.94%	7.69%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	12.45%	10.56%	+1.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.36%	14.35%	+2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.36%	16.46%	-0.10%

AVLVX vs. CABDX - Expense Ratio Comparison

AVLVX has a 0.15% expense ratio, which is lower than CABDX's 0.90% expense ratio.

Dividends

AVLVX vs. CABDX - Dividend Comparison

AVLVX's dividend yield for the trailing twelve months is around 2.63%, less than CABDX's 5.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	2.63%	3.32%	1.61%	1.59%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CABDX AB Relative Value Fund	5.12%	6.05%	11.24%	6.55%	8.00%	10.15%	1.18%	4.45%	15.34%	12.71%	6.97%	4.34%

Frequently Asked Questions

Can I hold both AVLVX and CABDX in my portfolio?

AVLVX and CABDX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVLVX or CABDX?

CABDX has higher volatility (2.56%) compared to AVLVX (2.36%). In terms of maximum drawdown, AVLVX dropped -19.51% vs CABDX's -57.40%.

Which has better risk-adjusted returns?

AVLVX currently has the higher Sharpe Ratio (3.39 vs 2.55), 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.