AVNV vs. FIDI
AVNV (Avantis All International Markets Value ETF) and FIDI (Fidelity International High Dividend ETF) are both Foreign Large Cap Equities funds. AVNV is actively managed, while FIDI is passively managed. Over the past 3 years, AVNV returned 20.85%/yr vs 20.22%/yr for FIDI. Their correlation of 0.88 means they have usually moved in the same direction. AVNV charges 0.34%/yr vs 0.39%/yr for FIDI.
Performance
AVNV vs. FIDI - Performance Comparison
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Returns By Period
In the year-to-date period, AVNV achieves a 13.17% return, which is significantly lower than FIDI's 15.39% return.
AVNV
- 1D
- 0.75%
- 1M
- 1.13%
- 6M
- 6.01%
- YTD
- 13.17%
- 1Y
- 30.47%
- 3Y*
- 20.85%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.56%
FIDI
- 1D
- -0.17%
- 1M
- 5.79%
- 6M
- 9.31%
- YTD
- 15.39%
- 1Y
- 31.09%
- 3Y*
- 20.22%
- 5Y*
- 12.48%
- 10Y*
- —
- ALL TIME*
- 6.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $874.47K | $818.79K | $748.70K | |
| $1.67M | $1.97M | $1.82M |
AVNV vs. FIDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AVNV Avantis All International Markets Value ETF | 13.17% | 39.93% | 5.43% | 9.65% |
FIDI Fidelity International High Dividend ETF | 15.39% | 39.34% | -0.06% | 10.47% |
Correlation
The correlation between AVNV and FIDI is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023 | 0.88 |
The correlation between AVNV and FIDI shifts across timeframes, from 0.77 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AVNV vs. FIDI — Risk / Return Rank
AVNV
FIDI
AVNV vs. FIDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Value ETF (AVNV) and Fidelity International High Dividend ETF (FIDI). 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 | FIDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.48 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 4.49 | -1.86 |
| Martin ratioReturn relative to average drawdown | 9.46 | 15.56 | -6.10 |
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Drawdowns
AVNV vs. FIDI - Drawdown Comparison
The maximum AVNV drawdown since its inception was -13.89%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for AVNV and FIDI.
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Drawdown Indicators
| AVNV | FIDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.89% | -46.34% | +32.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -6.96% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -13.89% | -12.09% | -1.80% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.05% | — |
Current DrawdownCurrent decline from peak | -2.07% | -1.09% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -9.63% | +7.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.00% | +1.23% |
Volatility
AVNV vs. FIDI - Volatility Comparison
Avantis All International Markets Value ETF (AVNV) has a higher volatility of 5.05% compared to Fidelity International High Dividend ETF (FIDI) at 2.78%. This indicates that AVNV's price experiences larger fluctuations and is considered to be riskier than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVNV | FIDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 2.78% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 13.99% | 9.27% | +4.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.03% | 11.62% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.08% | 14.81% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.08% | 18.61% | -3.53% |
AVNV vs. FIDI - Expense Ratio Comparison
AVNV has a 0.34% expense ratio, which is lower than FIDI's 0.39% expense ratio.
Dividends
AVNV vs. FIDI - Dividend Comparison
AVNV's dividend yield for the trailing twelve months is around 2.62%, less than FIDI's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AVNV Avantis All International Markets Value ETF | 2.62% | 3.14% | 3.51% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIDI Fidelity International High Dividend ETF | 3.90% | 4.33% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% |
Frequently Asked Questions
AVNV and FIDI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVNV has higher volatility (5.05%) compared to FIDI (2.78%). In terms of maximum drawdown, AVNV dropped -13.89% vs FIDI's -46.34%.
On 3-year performance, AVNV leads with 20.85% vs 20.22% for FIDI. On fees, AVNV is cheaper at 0.34% per year. On volatility, FIDI has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, AVNV has performed better with a 20.85% return vs 20.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVNV is cheaper with a 0.34% expense ratio, compared with 0.39% for FIDI.
FIDI has the higher dividend yield at 3.90%, compared with 2.62% for AVNV.
They also come from different issuers: Avantis and Fidelity. Their fees differ too: 0.34% for AVNV and 0.39% for FIDI.
FIDI currently has the higher Sharpe Ratio (2.69 vs 1.91), 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.
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