AVSC vs. IWM
Compare and contrast key facts about Avantis US Small Cap Equity ETF (AVSC) and iShares Russell 2000 ETF (IWM).
AVSC and IWM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVSC is a passively managed fund by Avantis that tracks the performance of the Russell 2000 Index. It was launched on Jan 11, 2022. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000. Both AVSC and IWM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVSC or IWM.
Key characteristics
| AVSC | IWM | |
|---|---|---|
| YTD Return | 14.74% | 19.68% |
| 1Y Return | 38.68% | 44.16% |
| Sharpe Ratio | 1.63 | 1.94 |
| Sortino Ratio | 2.46 | 2.78 |
| Omega Ratio | 1.29 | 1.34 |
| Calmar Ratio | 2.73 | 1.44 |
| Martin Ratio | 8.38 | 11.17 |
| Ulcer Index | 4.39% | 3.75% |
| Daily Std Dev | 22.58% | 21.57% |
| Max Drawdown | -20.42% | -59.05% |
| Current Drawdown | -0.75% | 0.00% |
Correlation
The correlation between AVSC and IWM is 0.97, 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
AVSC vs. IWM - Performance Comparison
In the year-to-date period, AVSC achieves a 14.74% return, which is significantly lower than IWM's 19.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVSC vs. IWM - Expense Ratio Comparison
AVSC has a 0.25% expense ratio, which is higher than IWM's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVSC vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Equity ETF (AVSC) and iShares Russell 2000 ETF (IWM). 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
AVSC vs. IWM - Dividend Comparison
AVSC's dividend yield for the trailing twelve months is around 1.04%, less than IWM's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVSC Avantis US Small Cap Equity ETF | 1.04% | 1.42% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.08% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
AVSC vs. IWM - Drawdown Comparison
The maximum AVSC drawdown since its inception was -20.42%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for AVSC and IWM. For additional features, visit the drawdowns tool.
Volatility
AVSC vs. IWM - Volatility Comparison
Avantis US Small Cap Equity ETF (AVSC) has a higher volatility of 8.50% compared to iShares Russell 2000 ETF (IWM) at 7.16%. This indicates that AVSC's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.