AVSG.L vs. DEGT.DE

Last updated Jun 5, 2026

AVSG.L (Avantis Global Small Cap Value UCITS ETF USD Acc) and DEGT.DE (Dimensional Global Targeted Value UCITS ETF USD Acc) are both Small Cap Value Equities funds. Both are actively managed. A 0.80 correlation means they provide meaningful diversification when combined. AVSG.L charges 0.39%/yr vs 0.44%/yr for DEGT.DE.

Performance

AVSG.L vs. DEGT.DE - 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 Dimensional Global Targeted Value UCITS ETF USD Acc (DEGT.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AVSG.L is traded in USD, while DEGT.DE is traded in EUR. To make them comparable, the DEGT.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AVSG.L achieves a 17.60% return, which is significantly higher than DEGT.DE's 8.24% return.

AVSG.L

• 1D: 0.38%
• 1M: 2.33%
• YTD: 17.60%
• 6M: 18.13%
• 1Y: 38.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DEGT.DE

• 1D: 0.77%
• 1M: 2.17%
• YTD: 8.24%
• 6M: 10.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVSG.L vs. DEGT.DE - Yearly Performance Comparison

	2026 (YTD)	2025
AVSG.L Avantis Global Small Cap Value UCITS ETF USD Acc	17.60%	4.43%
DEGT.DE Dimensional Global Targeted Value UCITS ETF USD Acc	8.24%	7.81%

Correlation

The correlation between AVSG.L and DEGT.DE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.80

Return for Risk

AVSG.L vs. DEGT.DE — 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: 89
AVSG.L Sortino Ratio Rank: 89
AVSG.L Omega Ratio Rank: 88
AVSG.L Calmar Ratio Rank: 90
AVSG.L Martin Ratio Rank: 91

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. DEGT.DE - 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 Dimensional Global Targeted Value UCITS ETF USD Acc (DEGT.DE). 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	DEGT.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.99	—	—
Sortino ratio: Return per unit of downside risk	4.09	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	5.57	—	—
Martin ratio: Return relative to average drawdown	21.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AVSG.L	DEGT.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	2.79	-1.73

Drawdowns

AVSG.L vs. DEGT.DE - Drawdown Comparison

The maximum AVSG.L drawdown since its inception was -21.38%, which is greater than DEGT.DE's maximum drawdown of -9.35%. Use the drawdown chart below to compare losses from any high point for AVSG.L and DEGT.DE.

Drawdown Indicators

	AVSG.L	DEGT.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.38%	-9.35%	-12.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.90%	—	—
Current Drawdown Current decline from peak	-0.55%	0.00%	-0.55%
Average Drawdown Average peak-to-trough decline	-4.00%	-2.10%	-1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	—	—

Volatility

Volatility by Period

	AVSG.L	DEGT.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.87%	12.02%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.87%	12.02%	+3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.87%	12.02%	+3.85%

AVSG.L vs. DEGT.DE - Expense Ratio Comparison

AVSG.L has a 0.39% expense ratio, which is lower than DEGT.DE's 0.44% expense ratio.

Dividends

AVSG.L vs. DEGT.DE - Dividend Comparison

Neither AVSG.L nor DEGT.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AVSG.L and DEGT.DE in my portfolio?

AVSG.L and DEGT.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVSG.L or DEGT.DE?

On fees, AVSG.L is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVSG.L or DEGT.DE?

AVSG.L is cheaper with a 0.39% expense ratio, compared with 0.44% for DEGT.DE.

What is the main difference between AVSG.L and DEGT.DE?

They also come from different issuers: Avantis and Dimensional. Their fees differ too: 0.39% for AVSG.L and 0.44% for DEGT.DE.