AVSF vs. VGSH
Compare and contrast key facts about Avantis Short-Term Fixed Income ETF (AVSF) and Vanguard Short-Term Treasury ETF (VGSH).
AVSF and VGSH 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. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVSF or VGSH.
Key characteristics
| AVSF | VGSH | |
|---|---|---|
| YTD Return | 3.72% | 3.40% |
| 1Y Return | 6.70% | 5.47% |
| 3Y Return (Ann) | 0.86% | 1.10% |
| Sharpe Ratio | 2.77 | 2.80 |
| Sortino Ratio | 4.42 | 4.55 |
| Omega Ratio | 1.57 | 1.60 |
| Calmar Ratio | 1.42 | 2.19 |
| Martin Ratio | 16.10 | 15.72 |
| Ulcer Index | 0.40% | 0.34% |
| Daily Std Dev | 2.33% | 1.91% |
| Max Drawdown | -8.85% | -5.70% |
| Current Drawdown | -0.89% | -0.80% |
Correlation
The correlation between AVSF and VGSH is 0.87, 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. VGSH - Performance Comparison
In the year-to-date period, AVSF achieves a 3.72% return, which is significantly higher than VGSH's 3.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVSF vs. VGSH - Expense Ratio Comparison
AVSF has a 0.15% expense ratio, which is higher than VGSH's 0.04% 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
AVSF vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Short-Term Fixed Income ETF (AVSF) and Vanguard Short-Term Treasury ETF (VGSH). 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. VGSH - Dividend Comparison
AVSF's dividend yield for the trailing twelve months is around 4.29%, more than VGSH's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVSF Avantis Short-Term Fixed Income ETF | 4.29% | 3.93% | 1.79% | 0.47% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGSH Vanguard Short-Term Treasury ETF | 4.15% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% | 0.34% |
Drawdowns
AVSF vs. VGSH - Drawdown Comparison
The maximum AVSF drawdown since its inception was -8.85%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for AVSF and VGSH. For additional features, visit the drawdowns tool.
Volatility
AVSF vs. VGSH - Volatility Comparison
Avantis Short-Term Fixed Income ETF (AVSF) has a higher volatility of 0.63% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.38%. This indicates that AVSF's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.