AVUQ vs. USOY

Last updated Jun 4, 2026

AVUQ (Avantis U.S. Quality ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - AVUQ is a Large Cap Growth Equities fund actively managed by Avantis Investors, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, AVUQ returned 30.44% vs 57.29% for USOY. At a correlation of -0.17, they often move in opposite directions. AVUQ charges 0.15%/yr vs 1.22%/yr for USOY.

Performance

AVUQ vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Quality ETF (AVUQ) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUQ achieves a 11.23% return, which is significantly lower than USOY's 62.18% return.

AVUQ

• 1D: -0.95%
• 1M: 4.87%
• YTD: 11.23%
• 6M: 11.01%
• 1Y: 30.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.45%
• 1M: -3.43%
• YTD: 62.18%
• 6M: 59.35%
• 1Y: 57.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVUQ vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
AVUQ Avantis U.S. Quality ETF	11.23%	22.52%
USOY Defiance Oil Enhanced Options Income ETF	62.18%	-9.68%

Correlation

The correlation between AVUQ and USOY is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.29
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	-0.17

The correlation between AVUQ and USOY shifts across timeframes, from -0.29 (1 year) to -0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AVUQ vs. USOY — Risk / Return Rank

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

AVUQ

AVUQ Risk / Return Rank: 56
AVUQ Sharpe Ratio Rank: 58
AVUQ Sortino Ratio Rank: 56
AVUQ Omega Ratio Rank: 55
AVUQ Calmar Ratio Rank: 53
AVUQ Martin Ratio Rank: 59

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 55
USOY Sortino Ratio Rank: 46
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 78
USOY Martin Ratio Rank: 46

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. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Quality ETF (AVUQ) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	AVUQ	USOY	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.89	+0.11
Sortino ratio: Return per unit of downside risk	2.70	2.30	+0.40
Omega ratio: Gain probability vs. loss probability	1.35	1.35	0.00
Calmar ratio: Return relative to maximum drawdown	2.63	4.03	-1.39
Martin ratio: Return relative to average drawdown	10.45	7.74	+2.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVUQ vs. USOY - Sharpe Ratio Comparison

The current AVUQ Sharpe Ratio is 2.00, which is comparable to the USOY Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of AVUQ and USOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVUQ	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	1.89	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	0.99	+0.56

Drawdowns

AVUQ vs. USOY - Drawdown Comparison

The maximum AVUQ drawdown since its inception was -11.86%, smaller than the maximum USOY drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for AVUQ and USOY.

Drawdown Indicators

	AVUQ	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-11.86%	-17.46%	+5.60%
Max Drawdown (1Y) Largest decline over 1 year	-11.61%	-14.29%	+2.68%
Current Drawdown Current decline from peak	-0.96%	-5.11%	+4.15%
Average Drawdown Average peak-to-trough decline	-2.08%	-6.47%	+4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	7.42%	-4.50%

Volatility

AVUQ vs. USOY - Volatility Comparison

The current volatility for Avantis U.S. Quality ETF (AVUQ) is 3.61%, while Defiance Oil Enhanced Options Income ETF (USOY) has a volatility of 11.62%. This indicates that AVUQ experiences smaller price fluctuations and is considered to be less risky than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUQ	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	11.62%	-8.01%
Volatility (6M) Calculated over the trailing 6-month period	11.59%	27.18%	-15.59%
Volatility (1Y) Calculated over the trailing 1-year period	15.30%	30.44%	-15.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.42%	26.13%	-6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	26.13%	-6.71%

AVUQ vs. USOY - Expense Ratio Comparison

AVUQ has a 0.15% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

AVUQ vs. USOY - Dividend Comparison

AVUQ's dividend yield for the trailing twelve months is around 0.35%, less than USOY's 54.16% yield.

Position	TTM	2025	2024
AVUQ Avantis U.S. Quality ETF	0.35%	0.32%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.16%	104.32%	48.60%

Frequently Asked Questions

Can I hold both AVUQ and USOY in my portfolio?

AVUQ and USOY have a correlation of -0.29, 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 USOY?

USOY has higher volatility (11.62%) compared to AVUQ (3.61%). In terms of maximum drawdown, AVUQ dropped -11.86% vs USOY's -17.46%.

Which ETF is better, AVUQ or USOY?

On 1-year performance, USOY leads with 57.29% vs 30.44% for AVUQ. On fees, AVUQ is cheaper at 0.15% per year. On volatility, AVUQ has been the lower-risk option at 3.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUQ or USOY?

Over the 1-year period, USOY has performed better with a 57.29% return vs 30.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUQ or USOY?

AVUQ is cheaper with a 0.15% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 54.16%, compared with 0.35% for AVUQ.

What is the main difference between AVUQ and USOY?

AVUQ is categorized as Large Cap Growth Equities, while USOY is Derivative Income. They also come from different issuers: Avantis Investors and Defiance. Their fees differ too: 0.15% for AVUQ and 1.22% for USOY.

Which has better risk-adjusted returns?

AVUQ currently has the higher Sharpe Ratio (2.00 vs 1.89), 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.