AVUS vs. IWM
Compare and contrast key facts about Avantis U.S. Equity ETF (AVUS) and iShares Russell 2000 ETF (IWM).
AVUS and IWM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVUS is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVUS or IWM.
Key characteristics
| AVUS | IWM | |
|---|---|---|
| YTD Return | 6.15% | -0.81% |
| 1Y Return | 23.06% | 13.45% |
| 3Y Return (Ann) | 7.57% | -2.93% |
| Sharpe Ratio | 1.86 | 0.67 |
| Daily Std Dev | 12.50% | 19.90% |
| Max Drawdown | -37.04% | -59.05% |
| Current Drawdown | -3.56% | -15.24% |
Correlation
The correlation between AVUS and IWM is 0.92, 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
AVUS vs. IWM - Performance Comparison
In the year-to-date period, AVUS achieves a 6.15% return, which is significantly higher than IWM's -0.81% 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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AVUS vs. IWM - Expense Ratio Comparison
AVUS has a 0.15% expense ratio, which is lower than IWM's 0.19% expense ratio. Despite the difference, 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
AVUS vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Equity ETF (AVUS) and iShares Russell 2000 ETF (IWM). 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
AVUS vs. IWM - Dividend Comparison
AVUS's dividend yield for the trailing twelve months is around 1.33%, more than IWM's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVUS Avantis U.S. Equity ETF | 1.33% | 1.41% | 1.59% | 1.08% | 1.19% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.31% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
AVUS vs. IWM - Drawdown Comparison
The maximum AVUS drawdown since its inception was -37.04%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for AVUS and IWM. For additional features, visit the drawdowns tool.
Volatility
AVUS vs. IWM - Volatility Comparison
The current volatility for Avantis U.S. Equity ETF (AVUS) is 3.60%, while iShares Russell 2000 ETF (IWM) has a volatility of 5.52%. This indicates that AVUS experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.