AVUV vs. AVGV

Last updated Jun 6, 2026

AVUV (Avantis US Small Cap Value ETF) and AVGV (Avantis All Equity Markets Value ETF) are both exchange-traded funds - AVUV is a Small Cap Value Equities fund actively managed by Avantis, while AVGV is a Global Equities fund actively managed by Avantis. Both are actively managed. Over the past year, AVUV returned 37.41% vs 34.56% for AVGV. Their correlation of 0.91 suggests significant overlap in exposure. AVUV charges 0.25%/yr vs 0.26%/yr for AVGV.

Performance

AVUV vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis US Small Cap Value ETF (AVUV) and Avantis All Equity Markets Value ETF (AVGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUV achieves a 17.68% return, which is significantly higher than AVGV's 14.95% return.

AVUV

• 1D: -1.44%
• 1M: -0.57%
• YTD: 17.68%
• 6M: 17.05%
• 1Y: 37.41%
• 3Y*: 18.50%
• 5Y*: 10.66%
• 10Y*: —

AVGV

• 1D: -2.19%
• 1M: -0.47%
• YTD: 14.95%
• 6M: 16.14%
• 1Y: 34.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVUV vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVUV Avantis US Small Cap Value ETF	17.68%	7.44%	9.28%	16.99%
AVGV Avantis All Equity Markets Value ETF	14.95%	22.57%	11.26%	11.36%

Correlation

The correlation between AVUV and AVGV is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.91

The correlation between AVUV and AVGV has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.

AVUV vs. AVGV - Sectors Allocation Comparison

Sectors	AVUV	AVGV
Financial Services	25.8%	21.6%
Energy	18.2%	13.6%
Consumer Cyclical	18.0%	14.5%
Industrials	13.9%	16.1%
Technology	7.0%	10.5%
Basic Materials	4.9%	7.3%
Consumer Defensive	4.5%	5.5%
Healthcare	4.2%	4.5%
Communication Services	2.8%	4.9%
Real Estate	0.7%	0.8%
Utilities	0.1%	0.7%

Return for Risk

AVUV vs. AVGV — Risk / Return Rank

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

AVUV

AVUV Risk / Return Rank: 71
AVUV Sharpe Ratio Rank: 66
AVUV Sortino Ratio Rank: 68
AVUV Omega Ratio Rank: 62
AVUV Calmar Ratio Rank: 86
AVUV Martin Ratio Rank: 75

AVGV

AVGV Risk / Return Rank: 83
AVGV Sharpe Ratio Rank: 83
AVGV Sortino Ratio Rank: 83
AVGV Omega Ratio Rank: 81
AVGV Calmar Ratio Rank: 82
AVGV Martin Ratio Rank: 84

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.

AVUV vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Value ETF (AVUV) and Avantis All Equity Markets Value ETF (AVGV). 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.

	AVUV	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.64	-0.50
Sortino ratio: Return per unit of downside risk	3.06	3.63	-0.57
Omega ratio: Gain probability vs. loss probability	1.37	1.47	-0.10
Calmar ratio: Return relative to maximum drawdown	4.73	4.28	+0.45
Martin ratio: Return relative to average drawdown	14.03	16.73	-2.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVUV vs. AVGV - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 2.14, which is comparable to the AVGV Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of AVUV and AVGV, 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

	AVUV	AVGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.64	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.40	-0.84

Drawdowns

AVUV vs. AVGV - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for AVUV and AVGV.

Drawdown Indicators

	AVUV	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-17.03%	-32.39%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-8.12%	+0.17%
Max Drawdown (3Y) Largest decline over 3 years	-28.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.79%	—	—
Current Drawdown Current decline from peak	-1.44%	-2.21%	+0.77%
Average Drawdown Average peak-to-trough decline	-7.94%	-2.29%	-5.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	2.07%	+0.60%

Volatility

AVUV vs. AVGV - Volatility Comparison

Avantis US Small Cap Value ETF (AVUV) has a higher volatility of 4.30% compared to Avantis All Equity Markets Value ETF (AVGV) at 3.97%. This indicates that AVUV's price experiences larger fluctuations and is considered to be riskier than AVGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	3.97%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	11.36%	10.11%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	17.56%	13.13%	+4.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.74%	15.01%	+7.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.29%	15.01%	+13.28%

AVUV vs. AVGV - Expense Ratio Comparison

AVUV has a 0.25% expense ratio, which is lower than AVGV's 0.26% 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%.

Dividends

AVUV vs. AVGV - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.30%, less than AVGV's 1.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVGV Avantis All Equity Markets Value ETF	1.92%	1.98%	2.32%	1.14%	0.00%	0.00%	0.00%	0.00%
AVUV Avantis US Small Cap Value ETF	1.30%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%

Frequently Asked Questions

Can I hold both AVUV and AVGV in my portfolio?

AVUV and AVGV have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVUV or AVGV?

AVUV has higher volatility (4.30%) compared to AVGV (3.97%). In terms of maximum drawdown, AVUV dropped -49.42% vs AVGV's -17.03%.

Which ETF is better, AVUV or AVGV?

On 1-year performance, AVUV leads with 37.41% vs 34.56% for AVGV. On fees, AVUV is cheaper at 0.25% per year. On volatility, AVGV has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUV or AVGV?

Over the 1-year period, AVUV has performed better with a 37.41% return vs 34.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUV or AVGV?

AVUV is cheaper with a 0.25% expense ratio, compared with 0.26% for AVGV.

Which ETF pays a higher dividend yield, AVUV or AVGV?

AVGV has the higher dividend yield at 1.92%, compared with 1.30% for AVUV.

What is the main difference between AVUV and AVGV?

AVUV is categorized as Small Cap Value Equities, while AVGV is Global Equities. Their fees differ too: 0.25% for AVUV and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.64 vs 2.14), 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.