AVSF vs. DFSD
Compare and contrast key facts about Avantis Short-Term Fixed Income ETF (AVSF) and Dimensional Short-Duration Fixed Income ETF (DFSD).
AVSF and DFSD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVSF is an actively managed fund by American Century Investments. It was launched on Oct 15, 2020. DFSD is an actively managed fund by Dimensional. It was launched on Nov 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVSF or DFSD.
Key characteristics
| AVSF | DFSD | |
|---|---|---|
| YTD Return | 3.48% | 4.09% |
| 1Y Return | 5.76% | 6.46% |
| Sharpe Ratio | 2.74 | 3.31 |
| Sortino Ratio | 4.37 | 5.22 |
| Omega Ratio | 1.56 | 1.77 |
| Calmar Ratio | 1.56 | 2.60 |
| Martin Ratio | 15.23 | 28.42 |
| Ulcer Index | 0.42% | 0.23% |
| Daily Std Dev | 2.33% | 1.98% |
| Max Drawdown | -8.85% | -8.45% |
| Current Drawdown | -1.12% | -0.53% |
Correlation
The correlation between AVSF and DFSD is 0.84, 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
AVSF vs. DFSD - Performance Comparison
In the year-to-date period, AVSF achieves a 3.48% return, which is significantly lower than DFSD's 4.09% 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.
AVSF vs. DFSD - Expense Ratio Comparison
AVSF has a 0.15% expense ratio, which is lower than DFSD's 0.16% expense ratio. Despite the difference, 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
AVSF vs. DFSD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Short-Term Fixed Income ETF (AVSF) and Dimensional Short-Duration Fixed Income ETF (DFSD). 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
AVSF vs. DFSD - Dividend Comparison
AVSF's dividend yield for the trailing twelve months is around 4.30%, less than DFSD's 4.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
AVSF Avantis Short-Term Fixed Income ETF | 4.30% | 3.93% | 1.79% | 0.47% | 0.10% |
DFSD Dimensional Short-Duration Fixed Income ETF | 4.59% | 3.89% | 2.11% | 0.11% | 0.00% |
Drawdowns
AVSF vs. DFSD - Drawdown Comparison
The maximum AVSF drawdown since its inception was -8.85%, roughly equal to the maximum DFSD drawdown of -8.45%. Use the drawdown chart below to compare losses from any high point for AVSF and DFSD. For additional features, visit the drawdowns tool.
Volatility
AVSF vs. DFSD - Volatility Comparison
Avantis Short-Term Fixed Income ETF (AVSF) has a higher volatility of 0.68% compared to Dimensional Short-Duration Fixed Income ETF (DFSD) at 0.50%. This indicates that AVSF's price experiences larger fluctuations and is considered to be riskier than DFSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.