AVNM vs. VXUS

Last updated Jul 11, 2026

AVNM (Avantis All International Markets Equity ETF) and VXUS (Vanguard Total International Stock ETF) are both exchange-traded funds - AVNM is a Foreign Large Cap Equities fund actively managed by Avantis, while VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index. AVNM is actively managed, while VXUS is passively managed. Over the past 3 years, AVNM returned 21.11%/yr vs 18.71%/yr for VXUS. With a 0.98 correlation, they move nearly in lockstep. AVNM charges 0.31%/yr vs 0.05%/yr for VXUS.

Performance

AVNM vs. VXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis All International Markets Equity ETF (AVNM) and Vanguard Total International Stock ETF (VXUS). 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 AVNM having a 13.61% return and VXUS slightly higher at 13.75%.

AVNM

• 1D: 0.74%
• 1M: 3.17%
• 6M: 10.55%
• YTD: 13.61%
• 1Y: 28.53%
• 3Y*: 21.11%
• 5Y*: —
• 10Y*: —

VXUS

• 1D: 0.52%
• 1M: 3.79%
• 6M: 10.26%
• YTD: 13.75%
• 1Y: 26.39%
• 3Y*: 18.71%
• 5Y*: 8.75%
• 10Y*: 9.69%

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

AVNM vs. VXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVNM Avantis All International Markets Equity ETF	13.61%	38.30%	5.52%	8.60%
VXUS Vanguard Total International Stock ETF	13.75%	32.35%	5.08%	6.38%

Correlation

The correlation between AVNM and VXUS is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.98

The correlation between AVNM and VXUS has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

AVNM vs. VXUS - Sectors Allocation Comparison

Sectors	AVNM	VXUS
Financial Services	22.5%	21.7%
Industrials	17.1%	15.6%
Technology	15.0%	21.0%
Basic Materials	11.4%	7.6%
Consumer Cyclical	9.9%	8.2%
Energy	7.7%	4.7%
Communication Services	4.4%	4.4%
Healthcare	4.2%	6.8%
Consumer Defensive	3.7%	4.8%
Utilities	2.6%	3.0%
Real Estate	1.5%	2.4%

Return for Risk

AVNM vs. VXUS — Risk / Return Rank

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

AVNM

AVNM Risk / Return Rank: 66
AVNM Sharpe Ratio Rank: 69
AVNM Sortino Ratio Rank: 65
AVNM Omega Ratio Rank: 70
AVNM Calmar Ratio Rank: 62
AVNM Martin Ratio Rank: 65

VXUS

VXUS Risk / Return Rank: 60
VXUS Sharpe Ratio Rank: 60
VXUS Sortino Ratio Rank: 58
VXUS Omega Ratio Rank: 61
VXUS Calmar Ratio Rank: 58
VXUS Martin Ratio Rank: 63

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.

AVNM vs. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Equity ETF (AVNM) and Vanguard Total International Stock ETF (VXUS). 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.

	AVNM	VXUS	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.61	+0.18
Sortino ratio: Return per unit of downside risk	2.42	2.22	+0.20
Omega ratio: Gain probability vs. loss probability	1.33	1.30	+0.03
Calmar ratio: Return relative to maximum drawdown	2.47	2.35	+0.12
Martin ratio: Return relative to average drawdown	9.30	8.89	+0.41

AVNM vs. VXUS - Sharpe Ratio Comparison

The current AVNM Sharpe Ratio is 1.79, which is comparable to the VXUS Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of AVNM and VXUS, 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

AVNM vs. VXUS - Drawdown Comparison

The maximum AVNM drawdown since its inception was -14.03%, smaller than the maximum VXUS drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for AVNM and VXUS.

Drawdown Indicators

	AVNM	VXUS	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-35.97%	+21.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.59%	-11.27%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-14.03%	-13.58%	-0.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.97%	—
Current Drawdown Current decline from peak	-2.17%	-1.98%	-0.19%
Average Drawdown Average peak-to-trough decline	-2.54%	-8.18%	+5.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.98%	+0.10%

Volatility

AVNM vs. VXUS - Volatility Comparison

The current volatility for Avantis All International Markets Equity ETF (AVNM) is 5.74%, while Vanguard Total International Stock ETF (VXUS) has a volatility of 6.17%. This indicates that AVNM experiences smaller price fluctuations and is considered to be less risky than VXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNM	VXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.74%	6.17%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	14.16%	14.62%	-0.46%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	16.47%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	16.28%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	16.98%	-1.84%

AVNM vs. VXUS - Expense Ratio Comparison

AVNM has a 0.31% expense ratio, which is higher than VXUS's 0.05% expense ratio.

Dividends

AVNM vs. VXUS - Dividend Comparison

AVNM's dividend yield for the trailing twelve months is around 2.35%, less than VXUS's 2.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVNM Avantis All International Markets Equity ETF	2.35%	2.76%	3.51%	1.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VXUS Vanguard Total International Stock ETF	2.56%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both AVNM and VXUS in my portfolio?

With a correlation of 0.98, AVNM and VXUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVNM or VXUS?

VXUS has higher volatility (6.17%) compared to AVNM (5.74%). In terms of maximum drawdown, AVNM dropped -14.03% vs VXUS's -35.97%.

Which ETF is better, AVNM or VXUS?

On 3-year performance, AVNM leads with 21.11% vs 18.71% for VXUS. On fees, VXUS is cheaper at 0.05% per year. On volatility, AVNM has been the lower-risk option at 5.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVNM or VXUS?

Over the 3-year period, AVNM has performed better with a 21.11% return vs 18.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVNM or VXUS?

VXUS is cheaper with a 0.05% expense ratio, compared with 0.31% for AVNM.

Which ETF pays a higher dividend yield, AVNM or VXUS?

VXUS has the higher dividend yield at 2.56%, compared with 2.35% for AVNM.

What is the main difference between AVNM and VXUS?

AVNM is categorized as Foreign Large Cap Equities, while VXUS is Global Equities. They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.31% for AVNM and 0.05% for VXUS.

Which has better risk-adjusted returns?

AVNM currently has the higher Sharpe Ratio (1.79 vs 1.61), 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.