AVNV vs. CGIC

Last updated Jun 26, 2026

AVNV (Avantis All International Markets Value ETF) and CGIC (Capital Group International Core Equity ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past year, AVNV returned 31.22% vs 28.18% for CGIC. Their correlation of 0.93 suggests significant overlap in exposure. AVNV charges 0.34%/yr vs 0.54%/yr for CGIC.

Performance

AVNV vs. CGIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis All International Markets Value ETF (AVNV) and Capital Group International Core Equity ETF (CGIC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVNV achieves a 11.31% return, which is significantly lower than CGIC's 11.95% return.

AVNV

• 1D: 0.37%
• 1M: -3.58%
• YTD: 11.31%
• 6M: 10.88%
• 1Y: 31.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGIC

• 1D: 0.86%
• 1M: -0.93%
• YTD: 11.95%
• 6M: 11.71%
• 1Y: 28.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVNV vs. CGIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVNV Avantis All International Markets Value ETF	11.31%	39.93%	0.44%
CGIC Capital Group International Core Equity ETF	11.95%	37.53%	-3.23%

Correlation

The correlation between AVNV and CGIC is 0.93, 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	0.93
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.93

The correlation between AVNV and CGIC has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

AVNV vs. CGIC - Sectors Allocation Comparison

Sectors	AVNV	CGIC
Financial Services	23.2%	20.2%
Industrials	18.1%	13.9%
Basic Materials	13.8%	8.8%
Consumer Cyclical	11.4%	7.4%
Technology	10.4%	16.7%
Energy	9.6%	6.2%
Communication Services	4.3%	7.3%
Consumer Defensive	3.3%	8.1%
Healthcare	3.2%	5.6%
Real Estate	1.4%	1.8%
Utilities	1.3%	4.1%

Return for Risk

AVNV vs. CGIC — Risk / Return Rank

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

AVNV

AVNV Risk / Return Rank: 68
AVNV Sharpe Ratio Rank: 73
AVNV Sortino Ratio Rank: 69
AVNV Omega Ratio Rank: 72
AVNV Calmar Ratio Rank: 63
AVNV Martin Ratio Rank: 65

CGIC

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

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.

AVNV vs. CGIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Value ETF (AVNV) and Capital Group International Core Equity ETF (CGIC). 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.

	AVNV	CGIC	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.76	+0.26
Sortino ratio: Return per unit of downside risk	2.72	2.41	+0.31
Omega ratio: Gain probability vs. loss probability	1.37	1.32	+0.05
Calmar ratio: Return relative to maximum drawdown	2.69	2.50	+0.19
Martin ratio: Return relative to average drawdown	10.19	9.50	+0.69

AVNV vs. CGIC - Sharpe Ratio Comparison

The current AVNV Sharpe Ratio is 2.02, which is comparable to the CGIC Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of AVNV and CGIC, 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

AVNV vs. CGIC - Drawdown Comparison

The maximum AVNV drawdown since its inception was -13.89%, which is greater than CGIC's maximum drawdown of -13.10%. Use the drawdown chart below to compare losses from any high point for AVNV and CGIC.

Drawdown Indicators

	AVNV	CGIC	Difference
Max Drawdown Largest peak-to-trough decline	-13.89%	-13.10%	-0.79%
Max Drawdown (1Y) Largest decline over 1 year	-11.66%	-11.30%	-0.36%
Current Drawdown Current decline from peak	-3.68%	-1.99%	-1.69%
Average Drawdown Average peak-to-trough decline	-2.49%	-2.51%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	2.97%	+0.10%

Volatility

AVNV vs. CGIC - Volatility Comparison

The current volatility for Avantis All International Markets Value ETF (AVNV) is 6.27%, while Capital Group International Core Equity ETF (CGIC) has a volatility of 6.75%. This indicates that AVNV experiences smaller price fluctuations and is considered to be less risky than CGIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNV	CGIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	6.75%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	13.60%	14.23%	-0.63%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	16.11%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	16.52%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.04%	16.52%	-1.48%

AVNV vs. CGIC - Expense Ratio Comparison

AVNV has a 0.34% expense ratio, which is lower than CGIC's 0.54% expense ratio.

Dividends

AVNV vs. CGIC - Dividend Comparison

AVNV's dividend yield for the trailing twelve months is around 4.01%, more than CGIC's 1.33% yield.

Position	TTM	2025	2024	2023
AVNV Avantis All International Markets Value ETF	4.01%	3.14%	3.51%	1.64%
CGIC Capital Group International Core Equity ETF	1.33%	1.60%	0.68%	0.00%

Frequently Asked Questions

Can I hold both AVNV and CGIC in my portfolio?

With a correlation of 0.93, AVNV and CGIC 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, AVNV or CGIC?

CGIC has higher volatility (6.75%) compared to AVNV (6.27%). In terms of maximum drawdown, AVNV dropped -13.89% vs CGIC's -13.10%.

Which ETF is better, AVNV or CGIC?

On 1-year performance, AVNV leads with 31.22% vs 28.18% for CGIC. On fees, AVNV is cheaper at 0.34% per year. On volatility, AVNV has been the lower-risk option at 6.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVNV or CGIC?

Over the 1-year period, AVNV has performed better with a 31.22% return vs 28.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVNV or CGIC?

AVNV is cheaper with a 0.34% expense ratio, compared with 0.54% for CGIC.

Which ETF pays a higher dividend yield, AVNV or CGIC?

AVNV has the higher dividend yield at 4.01%, compared with 1.33% for CGIC.

What is the main difference between AVNV and CGIC?

They also come from different issuers: Avantis and Capital Group. Their fees differ too: 0.34% for AVNV and 0.54% for CGIC.

Which has better risk-adjusted returns?

AVNV currently has the higher Sharpe Ratio (2.02 vs 1.76), 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.