AVNV vs. IXUS

Last updated Jun 26, 2026

AVNV (Avantis All International Markets Value ETF) and IXUS (iShares Core MSCI Total International Stock ETF) are both Foreign Large Cap Equities funds. AVNV is actively managed, while IXUS is passively managed. Over the past year, AVNV returned 31.22% vs 28.74% for IXUS. With a 0.96 correlation, they move nearly in lockstep. AVNV charges 0.34%/yr vs 0.07%/yr for IXUS.

Performance

AVNV vs. IXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis All International Markets Value ETF (AVNV) and iShares Core MSCI Total International Stock ETF (IXUS). 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 IXUS's 13.52% return.

AVNV

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

IXUS

• 1D: 0.75%
• 1M: -0.82%
• YTD: 13.52%
• 6M: 13.13%
• 1Y: 28.74%
• 3Y*: 19.20%
• 5Y*: 8.34%
• 10Y*: 10.52%

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

AVNV vs. IXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVNV Avantis All International Markets Value ETF	11.31%	39.93%	5.43%	9.65%
IXUS iShares Core MSCI Total International Stock ETF	13.52%	32.40%	5.19%	6.29%

Correlation

The correlation between AVNV and IXUS is 0.96 - 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	0.96
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.96

The correlation between AVNV and IXUS has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

AVNV vs. IXUS - Sectors Allocation Comparison

Sectors	AVNV	IXUS
Financial Services	23.2%	23.8%
Industrials	18.1%	11.3%
Basic Materials	13.8%	5.0%
Consumer Cyclical	11.4%	5.6%
Technology	10.4%	30.5%
Energy	9.6%	4.4%
Communication Services	4.3%	4.2%
Consumer Defensive	3.3%	3.9%
Healthcare	3.2%	6.5%
Real Estate	1.4%	0.2%
Utilities	1.3%	1.9%

Return for Risk

AVNV vs. IXUS — 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

IXUS

IXUS Risk / Return Rank: 61
IXUS Sharpe Ratio Rank: 61
IXUS Sortino Ratio Rank: 58
IXUS Omega Ratio Rank: 63
IXUS Calmar Ratio Rank: 60
IXUS Martin Ratio Rank: 62

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. IXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Value ETF (AVNV) and iShares Core MSCI Total International Stock ETF (IXUS). 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	IXUS	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.75	+0.27
Sortino ratio: Return per unit of downside risk	2.72	2.39	+0.33
Omega ratio: Gain probability vs. loss probability	1.37	1.33	+0.04
Calmar ratio: Return relative to maximum drawdown	2.69	2.54	+0.15
Martin ratio: Return relative to average drawdown	10.19	9.74	+0.45

AVNV vs. IXUS - Sharpe Ratio Comparison

The current AVNV Sharpe Ratio is 2.02, which is comparable to the IXUS Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of AVNV and IXUS, 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. IXUS - Drawdown Comparison

The maximum AVNV drawdown since its inception was -13.89%, smaller than the maximum IXUS drawdown of -36.22%. Use the drawdown chart below to compare losses from any high point for AVNV and IXUS.

Drawdown Indicators

	AVNV	IXUS	Difference
Max Drawdown Largest peak-to-trough decline	-13.89%	-36.22%	+22.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.66%	-11.36%	-0.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.22%	—
Current Drawdown Current decline from peak	-3.68%	-2.41%	-1.27%
Average Drawdown Average peak-to-trough decline	-2.49%	-7.48%	+4.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	2.96%	+0.11%

Volatility

AVNV vs. IXUS - Volatility Comparison

The current volatility for Avantis All International Markets Value ETF (AVNV) is 6.27%, while iShares Core MSCI Total International Stock ETF (IXUS) has a volatility of 6.98%. This indicates that AVNV experiences smaller price fluctuations and is considered to be less risky than IXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNV	IXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	6.98%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	13.60%	14.64%	-1.04%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	16.50%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	16.44%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.04%	16.96%	-1.92%

AVNV vs. IXUS - Expense Ratio Comparison

AVNV has a 0.34% expense ratio, which is higher than IXUS's 0.07% expense ratio.

Dividends

AVNV vs. IXUS - Dividend Comparison

AVNV's dividend yield for the trailing twelve months is around 4.01%, more than IXUS's 2.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVNV Avantis All International Markets Value ETF	4.01%	3.14%	3.51%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IXUS iShares Core MSCI Total International Stock ETF	2.96%	3.24%	3.33%	3.13%	2.48%	3.12%	1.85%	3.09%	3.00%	2.41%	2.58%	2.81%

Frequently Asked Questions

Can I hold both AVNV and IXUS in my portfolio?

With a correlation of 0.96, AVNV and IXUS 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 IXUS?

IXUS has higher volatility (6.98%) compared to AVNV (6.27%). In terms of maximum drawdown, AVNV dropped -13.89% vs IXUS's -36.22%.

Which ETF is better, AVNV or IXUS?

On 1-year performance, AVNV leads with 31.22% vs 28.74% for IXUS. On fees, IXUS is cheaper at 0.07% 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 IXUS?

Over the 1-year period, AVNV has performed better with a 31.22% return vs 28.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVNV or IXUS?

IXUS is cheaper with a 0.07% expense ratio, compared with 0.34% for AVNV.

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

AVNV has the higher dividend yield at 4.01%, compared with 2.96% for IXUS.

What is the main difference between AVNV and IXUS?

They also come from different issuers: Avantis and iShares. Their fees differ too: 0.34% for AVNV and 0.07% for IXUS.

Which has better risk-adjusted returns?

AVNV currently has the higher Sharpe Ratio (2.02 vs 1.75), 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.