AVNV vs. IDEV
Compare and contrast key facts about Avantis All International Markets Value ETF (AVNV) and iShares Core MSCI International Developed Markets ETF (IDEV).
AVNV and IDEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVNV is an actively managed fund by Avantis. It was launched on Jun 27, 2023. IDEV is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Investable Market Index. It was launched on Mar 21, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVNV or IDEV.
Key characteristics
| AVNV | IDEV | |
|---|---|---|
| YTD Return | 8.31% | 10.26% |
| 1Y Return | 14.90% | 17.40% |
| Sharpe Ratio | 1.24 | 1.45 |
| Daily Std Dev | 13.21% | 13.12% |
| Max Drawdown | -10.08% | -34.77% |
| Current Drawdown | -1.98% | -1.41% |
Correlation
The correlation between AVNV and IDEV is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AVNV vs. IDEV - Performance Comparison
In the year-to-date period, AVNV achieves a 8.31% return, which is significantly lower than IDEV's 10.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVNV vs. IDEV - Expense Ratio Comparison
AVNV has a 0.34% expense ratio, which is higher than IDEV's 0.05% expense ratio.
Risk-Adjusted Performance
AVNV vs. IDEV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Value ETF (AVNV) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.
Dividends
AVNV vs. IDEV - Dividend Comparison
AVNV's dividend yield for the trailing twelve months is around 2.90%, which matches IDEV's 2.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
AVNV Avantis All International Markets Value ETF | 2.90% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDEV iShares Core MSCI International Developed Markets ETF | 2.90% | 3.07% | 2.69% | 3.05% | 2.00% | 3.18% | 3.16% | 1.54% |
Drawdowns
AVNV vs. IDEV - Drawdown Comparison
The maximum AVNV drawdown since its inception was -10.08%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for AVNV and IDEV. For additional features, visit the drawdowns tool.
Volatility
AVNV vs. IDEV - Volatility Comparison
Avantis All International Markets Value ETF (AVNV) has a higher volatility of 4.46% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 4.21%. This indicates that AVNV's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.