AVSE vs. EMVL.L

Last updated Apr 1, 2026

Compare and contrast key facts about Avantis Responsible Emerging Markets Equity ETF (AVSE) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L).

AVSE and EMVL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVSE is a passively managed fund by Avantis that tracks the performance of the MSCI Emerging Markets Index. It was launched on Mar 28, 2022. EMVL.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on Dec 6, 2018. Both AVSE and EMVL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AVSE vs. EMVL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Responsible Emerging Markets Equity ETF (AVSE) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L). The values are adjusted to include any dividend payments, if applicable.

AVSE vs. EMVL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVSE Avantis Responsible Emerging Markets Equity ETF	2.54%	32.54%	8.29%	16.01%	-13.85%
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)	8.35%	43.13%	14.48%	18.38%	-14.82%

Returns By Period

In the year-to-date period, AVSE achieves a 2.54% return, which is significantly lower than EMVL.L's 8.35% return.

AVSE

• 1D: 3.40%
• 1M: -10.20%
• YTD: 2.54%
• 6M: 6.65%
• 1Y: 33.39%
• 3Y*: 17.64%
• 5Y*: —
• 10Y*: —

EMVL.L

• 1D: -0.45%
• 1M: -11.65%
• YTD: 8.35%
• 6M: 20.44%
• 1Y: 49.86%
• 3Y*: 25.87%
• 5Y*: 10.77%
• 10Y*: —

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

AVSE vs. EMVL.L - Expense Ratio Comparison

AVSE has a 0.33% expense ratio, which is lower than EMVL.L's 0.40% expense ratio.

EMVL.L

iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)

AVSE

Avantis Responsible Emerging Markets Equity ETF

Return for Risk

AVSE vs. EMVL.L — Risk / Return Rank

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

AVSE

AVSE Risk / Return Rank: 84
AVSE Sharpe Ratio Rank: 85
AVSE Sortino Ratio Rank: 85
AVSE Omega Ratio Rank: 84
AVSE Calmar Ratio Rank: 82
AVSE Martin Ratio Rank: 83

EMVL.L

EMVL.L Risk / Return Rank: 95
EMVL.L Sharpe Ratio Rank: 96
EMVL.L Sortino Ratio Rank: 95
EMVL.L Omega Ratio Rank: 94
EMVL.L Calmar Ratio Rank: 96
EMVL.L Martin Ratio Rank: 94

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.

AVSE vs. EMVL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Responsible Emerging Markets Equity ETF (AVSE) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L). 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.

	AVSE	EMVL.L	Difference
Sharpe ratio Return per unit of total volatility	1.71	2.47	-0.77
Sortino ratio Return per unit of downside risk	2.29	2.99	-0.71
Omega ratio Gain probability vs. loss probability	1.33	1.44	-0.11
Calmar ratio Return relative to maximum drawdown	2.31	4.20	-1.89
Martin ratio Return relative to average drawdown	9.39	14.46	-5.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVSE vs. EMVL.L - Sharpe Ratio Comparison

The current AVSE Sharpe Ratio is 1.71, which is lower than the EMVL.L Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of AVSE and EMVL.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVSE	EMVL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	2.47	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.62	-0.04

Correlation

The correlation between AVSE and EMVL.L is 0.75, 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.

Dividends

AVSE vs. EMVL.L - Dividend Comparison

AVSE's dividend yield for the trailing twelve months is around 2.70%, while EMVL.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
AVSE Avantis Responsible Emerging Markets Equity ETF	2.70%	2.68%	3.03%	3.20%	1.27%
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AVSE vs. EMVL.L - Drawdown Comparison

The maximum AVSE drawdown since its inception was -26.28%, smaller than the maximum EMVL.L drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for AVSE and EMVL.L.

Drawdown Indicators

	AVSE	EMVL.L	Difference
Max Drawdown Largest peak-to-trough decline	-26.28%	-34.95%	+8.67%
Max Drawdown (1Y) Largest decline over 1 year	-14.17%	-12.92%	-1.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Current Drawdown Current decline from peak	-11.25%	-11.65%	+0.40%
Average Drawdown Average peak-to-trough decline	-7.01%	-10.19%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	3.39%	+0.10%

Volatility

AVSE vs. EMVL.L - Volatility Comparison

Avantis Responsible Emerging Markets Equity ETF (AVSE) has a higher volatility of 9.94% compared to iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) at 9.44%. This indicates that AVSE's price experiences larger fluctuations and is considered to be riskier than EMVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVSE	EMVL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.94%	9.44%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	14.35%	15.00%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	19.67%	19.98%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.48%	19.43%	-1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.48%	21.98%	-4.50%