AVSG.L vs. AVGE

Last updated Apr 2, 2026

Compare and contrast key facts about Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L) and Avantis All Equity Markets ETF (AVGE).

AVSG.L and AVGE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVSG.L is an actively managed fund by Avantis. It was launched on Jun 20, 2025. AVGE is a passively managed fund by Avantis that tracks the performance of the MSCI AC World IMI. It was launched on Sep 27, 2022.

Performance

AVSG.L vs. AVGE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L) and Avantis All Equity Markets ETF (AVGE). The values are adjusted to include any dividend payments, if applicable.

AVSG.L vs. AVGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVSG.L Avantis Global Small Cap Value UCITS ETF USD Acc	9.76%	12.18%	-4.47%
AVGE Avantis All Equity Markets ETF	3.32%	20.84%	-4.51%

Returns By Period

In the year-to-date period, AVSG.L achieves a 9.76% return, which is significantly higher than AVGE's 3.32% return.

AVSG.L

• 1D: 1.34%
• 1M: -1.97%
• YTD: 9.76%
• 6M: 15.22%
• 1Y: 30.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGE

• 1D: 0.66%
• 1M: -4.42%
• YTD: 3.32%
• 6M: 7.02%
• 1Y: 26.34%
• 3Y*: 17.60%
• 5Y*: —
• 10Y*: —

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

AVSG.L vs. AVGE - Expense Ratio Comparison

AVSG.L has a 0.39% expense ratio, which is higher than AVGE's 0.23% expense ratio.

AVSG.L

Avantis Global Small Cap Value UCITS ETF USD Acc

AVGE

Avantis All Equity Markets ETF

Return for Risk

AVSG.L vs. AVGE — Risk / Return Rank

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

AVSG.L

AVSG.L Risk / Return Rank: 89
AVSG.L Sharpe Ratio Rank: 86
AVSG.L Sortino Ratio Rank: 84
AVSG.L Omega Ratio Rank: 86
AVSG.L Calmar Ratio Rank: 95
AVSG.L Martin Ratio Rank: 94

AVGE

AVGE Risk / Return Rank: 81
AVGE Sharpe Ratio Rank: 79
AVGE Sortino Ratio Rank: 81
AVGE Omega Ratio Rank: 82
AVGE Calmar Ratio Rank: 77
AVGE Martin Ratio Rank: 85

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.

AVSG.L vs. AVGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L) and Avantis All Equity Markets ETF (AVGE). 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.

	AVSG.L	AVGE	Difference
Sharpe ratio Return per unit of total volatility	1.79	1.54	+0.26
Sortino ratio Return per unit of downside risk	2.31	2.16	+0.15
Omega ratio Gain probability vs. loss probability	1.35	1.33	+0.03
Calmar ratio Return relative to maximum drawdown	4.33	2.13	+2.20
Martin ratio Return relative to average drawdown	14.82	10.15	+4.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVSG.L vs. AVGE - Sharpe Ratio Comparison

The current AVSG.L Sharpe Ratio is 1.79, which is comparable to the AVGE Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of AVSG.L and AVGE, 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

	AVSG.L	AVGE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.54	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	1.30	-0.51

Correlation

The correlation between AVSG.L and AVGE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AVSG.L vs. AVGE - Dividend Comparison

AVSG.L has not paid dividends to shareholders, while AVGE's dividend yield for the trailing twelve months is around 1.80%.

	TTM	2025	2024	2023	2022
AVSG.L Avantis Global Small Cap Value UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%
AVGE Avantis All Equity Markets ETF	1.80%	1.67%	1.92%	1.93%	0.74%

Drawdowns

AVSG.L vs. AVGE - Drawdown Comparison

The maximum AVSG.L drawdown since its inception was -21.38%, which is greater than AVGE's maximum drawdown of -17.13%. Use the drawdown chart below to compare losses from any high point for AVSG.L and AVGE.

Drawdown Indicators

	AVSG.L	AVGE	Difference
Max Drawdown Largest peak-to-trough decline	-21.38%	-17.13%	-4.25%
Max Drawdown (1Y) Largest decline over 1 year	-12.51%	-12.63%	+0.12%
Current Drawdown Current decline from peak	-2.42%	-5.36%	+2.94%
Average Drawdown Average peak-to-trough decline	-4.44%	-2.49%	-1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.65%	-0.63%

Volatility

AVSG.L vs. AVGE - Volatility Comparison

The current volatility for Avantis Global Small Cap Value UCITS ETF USD Acc (AVSG.L) is 5.37%, while Avantis All Equity Markets ETF (AVGE) has a volatility of 5.73%. This indicates that AVSG.L experiences smaller price fluctuations and is considered to be less risky than AVGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVSG.L	AVGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	5.73%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	9.86%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	16.70%	17.22%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	15.29%	+1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.44%	15.29%	+1.15%