AVSD vs. VOO

Last updated Jun 4, 2026

AVSD (Avantis Responsible International Equity ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - AVSD is a Foreign Large Cap Equities fund tracking the MSCI World ex USA IMI, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, AVSD returned 19.59%/yr vs 22.44%/yr for VOO. A 0.76 correlation means they provide meaningful diversification when combined. AVSD charges 0.23%/yr vs 0.03%/yr for VOO.

Performance

AVSD vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Responsible International Equity ETF (AVSD) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVSD achieves a 7.97% return, which is significantly lower than VOO's 10.91% return.

AVSD

• 1D: -0.89%
• 1M: 3.73%
• YTD: 7.97%
• 6M: 11.12%
• 1Y: 23.43%
• 3Y*: 19.59%
• 5Y*: —
• 10Y*: —

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

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

AVSD vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVSD Avantis Responsible International Equity ETF	7.97%	37.07%	6.69%	17.49%	-9.69%
VOO Vanguard S&P 500 ETF	10.91%	17.82%	24.98%	26.32%	-11.88%

Correlation

The correlation between AVSD and VOO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022	0.76

The correlation between AVSD and VOO has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.

AVSD vs. VOO - Sectors Allocation Comparison

Sectors	AVSD	VOO
Financial Services	32.2%	11.6%
Industrials	16.8%	8.3%
Consumer Cyclical	12.0%	10.2%
Technology	9.7%	35.7%
Healthcare	7.9%	8.5%
Basic Materials	5.9%	1.8%
Consumer Defensive	5.0%	4.9%
Communication Services	4.9%	11.3%
Utilities	2.8%	2.4%
Real Estate	2.6%	1.9%
Energy	0.4%	3.5%

Return for Risk

AVSD vs. VOO — Risk / Return Rank

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

AVSD

AVSD Risk / Return Rank: 43
AVSD Sharpe Ratio Rank: 44
AVSD Sortino Ratio Rank: 44
AVSD Omega Ratio Rank: 44
AVSD Calmar Ratio Rank: 38
AVSD Martin Ratio Rank: 44

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

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.

AVSD vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Responsible International Equity ETF (AVSD) and Vanguard S&P 500 ETF (VOO). 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.

	AVSD	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.39	-0.84
Sortino ratio: Return per unit of downside risk	2.24	3.25	-1.01
Omega ratio: Gain probability vs. loss probability	1.28	1.43	-0.15
Calmar ratio: Return relative to maximum drawdown	1.86	3.16	-1.30
Martin ratio: Return relative to average drawdown	7.20	14.73	-7.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVSD vs. VOO - Sharpe Ratio Comparison

The current AVSD Sharpe Ratio is 1.55, which is lower than the VOO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of AVSD and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVSD	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	2.39	-0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.89	-0.10

Drawdowns

AVSD vs. VOO - Drawdown Comparison

The maximum AVSD drawdown since its inception was -25.56%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AVSD and VOO.

Drawdown Indicators

	AVSD	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-25.56%	-33.99%	+8.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-8.90%	-3.73%
Max Drawdown (3Y) Largest decline over 3 years	-13.30%	-18.69%	+5.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-1.38%	-0.70%	-0.68%
Average Drawdown Average peak-to-trough decline	-4.92%	-3.69%	-1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	1.91%	+1.35%

Volatility

AVSD vs. VOO - Volatility Comparison

Avantis Responsible International Equity ETF (AVSD) has a higher volatility of 4.90% compared to Vanguard S&P 500 ETF (VOO) at 2.84%. This indicates that AVSD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVSD	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	2.84%	+2.06%
Volatility (6M) Calculated over the trailing 6-month period	12.75%	8.90%	+3.85%
Volatility (1Y) Calculated over the trailing 1-year period	15.23%	11.80%	+3.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	16.81%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	18.01%	-1.35%

AVSD vs. VOO - Expense Ratio Comparison

AVSD has a 0.23% expense ratio, which is higher than VOO's 0.03% 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%.

Dividends

AVSD vs. VOO - Dividend Comparison

AVSD's dividend yield for the trailing twelve months is around 2.44%, more than VOO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVSD Avantis Responsible International Equity ETF	2.44%	2.54%	3.25%	2.53%	1.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both AVSD and VOO in my portfolio?

AVSD and VOO 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.

Which is riskier, AVSD or VOO?

AVSD has higher volatility (4.90%) compared to VOO (2.84%). In terms of maximum drawdown, AVSD dropped -25.56% vs VOO's -33.99%.

Which ETF is better, AVSD or VOO?

On 3-year performance, VOO leads with 22.44% vs 19.59% for AVSD. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVSD or VOO?

Over the 3-year period, VOO has performed better with a 22.44% return vs 19.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVSD or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.23% for AVSD.

Which ETF pays a higher dividend yield, AVSD or VOO?

AVSD has the higher dividend yield at 2.44%, compared with 1.03% for VOO.

What is the main difference between AVSD and VOO?

AVSD is categorized as Foreign Large Cap Equities, while VOO is S&P 500. AVSD tracks MSCI World ex USA IMI, while VOO tracks S&P 500 Index. They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.23% for AVSD and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.39 vs 1.55), 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.