AVUQ vs. DLN

Last updated Jun 24, 2026

AVUQ (Avantis U.S. Quality ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both exchange-traded funds - AVUQ is a Large Cap Growth Equities fund actively managed by Avantis, while DLN is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Dividend Index. AVUQ is actively managed, while DLN is passively managed. Over the past year, AVUQ returned 24.50% vs 21.42% for DLN. A 0.66 correlation means they provide meaningful diversification when combined. AVUQ charges 0.15%/yr vs 0.28%/yr for DLN.

Performance

AVUQ vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Quality ETF (AVUQ) and WisdomTree U.S. LargeCap Dividend Fund (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUQ achieves a 7.35% return, which is significantly lower than DLN's 9.95% return.

AVUQ

• 1D: -1.77%
• 1M: -2.27%
• YTD: 7.35%
• 6M: 6.08%
• 1Y: 24.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLN

• 1D: -0.13%
• 1M: 0.05%
• YTD: 9.95%
• 6M: 9.49%
• 1Y: 21.42%
• 3Y*: 18.12%
• 5Y*: 12.49%
• 10Y*: 12.86%

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

AVUQ vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025
AVUQ Avantis U.S. Quality ETF	7.35%	21.84%
DLN WisdomTree U.S. LargeCap Dividend Fund	9.95%	12.68%

Correlation

The correlation between AVUQ and DLN is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	0.66

The correlation between AVUQ and DLN has been stable across timeframes, ranging from 0.61 to 0.66 - a consistent structural relationship.

AVUQ vs. DLN - Sectors Allocation Comparison

Sectors	AVUQ	DLN
Technology	48.7%	22.8%
Consumer Cyclical	14.2%	4.9%
Communication Services	11.8%	7.5%
Industrials	7.6%	7.8%
Financial Services	5.4%	17.4%
Healthcare	5.4%	12.6%
Consumer Defensive	2.9%	8.9%
Energy	2.2%	7.9%
Basic Materials	1.2%	1.0%
Utilities	0.7%	5.5%
Real Estate	0.1%	3.9%

Return for Risk

AVUQ vs. DLN — Risk / Return Rank

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

AVUQ

AVUQ Risk / Return Rank: 45
AVUQ Sharpe Ratio Rank: 46
AVUQ Sortino Ratio Rank: 43
AVUQ Omega Ratio Rank: 43
AVUQ Calmar Ratio Rank: 45
AVUQ Martin Ratio Rank: 50

DLN

DLN Risk / Return Rank: 78
DLN Sharpe Ratio Rank: 79
DLN Sortino Ratio Rank: 81
DLN Omega Ratio Rank: 77
DLN Calmar Ratio Rank: 73
DLN Martin Ratio Rank: 79

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.

AVUQ vs. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Quality ETF (AVUQ) and WisdomTree U.S. LargeCap Dividend Fund (DLN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVUQ	DLN	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.39	-0.86
Sortino ratio: Return per unit of downside risk	2.10	3.40	-1.30
Omega ratio: Gain probability vs. loss probability	1.27	1.43	-0.16
Calmar ratio: Return relative to maximum drawdown	2.12	3.53	-1.41
Martin ratio: Return relative to average drawdown	8.13	14.80	-6.67

AVUQ vs. DLN - Sharpe Ratio Comparison

The current AVUQ Sharpe Ratio is 1.53, which is lower than the DLN Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of AVUQ and DLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVUQ vs. DLN - Drawdown Comparison

The maximum AVUQ drawdown since its inception was -12.35%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for AVUQ and DLN.

Drawdown Indicators

	AVUQ	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-12.35%	-57.84%	+45.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.61%	-6.10%	-5.51%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.82%	—
Current Drawdown Current decline from peak	-4.42%	-1.12%	-3.30%
Average Drawdown Average peak-to-trough decline	-2.17%	-7.50%	+5.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	1.45%	+1.57%

Volatility

AVUQ vs. DLN - Volatility Comparison

Avantis U.S. Quality ETF (AVUQ) has a higher volatility of 5.97% compared to WisdomTree U.S. LargeCap Dividend Fund (DLN) at 2.78%. This indicates that AVUQ's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUQ	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.97%	2.78%	+3.19%
Volatility (6M) Calculated over the trailing 6-month period	12.59%	7.00%	+5.59%
Volatility (1Y) Calculated over the trailing 1-year period	16.14%	9.03%	+7.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.67%	13.27%	+6.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	16.14%	+3.53%

AVUQ vs. DLN - Expense Ratio Comparison

AVUQ has a 0.15% expense ratio, which is lower than DLN's 0.28% expense ratio.

Dividends

AVUQ vs. DLN - Dividend Comparison

AVUQ's dividend yield for the trailing twelve months is around 0.46%, less than DLN's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUQ Avantis U.S. Quality ETF	0.46%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DLN WisdomTree U.S. LargeCap Dividend Fund	1.79%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%

Frequently Asked Questions

Can I hold both AVUQ and DLN in my portfolio?

AVUQ and DLN have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVUQ or DLN?

AVUQ has higher volatility (5.97%) compared to DLN (2.78%). In terms of maximum drawdown, AVUQ dropped -12.35% vs DLN's -57.84%.

Which ETF is better, AVUQ or DLN?

On 1-year performance, AVUQ leads with 24.50% vs 21.42% for DLN. On fees, AVUQ is cheaper at 0.15% per year. On volatility, DLN has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUQ or DLN?

Over the 1-year period, AVUQ has performed better with a 24.50% return vs 21.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUQ or DLN?

AVUQ is cheaper with a 0.15% expense ratio, compared with 0.28% for DLN.

Which ETF pays a higher dividend yield, AVUQ or DLN?

DLN has the higher dividend yield at 1.79%, compared with 0.46% for AVUQ.

What is the main difference between AVUQ and DLN?

AVUQ is categorized as Large Cap Growth Equities, while DLN is Large Cap Value Equities. They also come from different issuers: Avantis and WisdomTree. Their fees differ too: 0.15% for AVUQ and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.39 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.