AVUV vs. AVUVX

Last updated Apr 1, 2026

Compare and contrast key facts about Avantis US Small Cap Value ETF (AVUV) and Avantis U.S. Small Cap Value Fund (AVUVX).

AVUV is a passively managed fund by Avantis that tracks the performance of the Russell 2000 Value. It was launched on Sep 24, 2019. AVUVX is managed by Avantis Investors. It was launched on Dec 4, 2019.

Performance

AVUV vs. AVUVX - Performance Comparison

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

AVUV vs. AVUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	8.60%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	4.90%
AVUVX Avantis U.S. Small Cap Value Fund	5.65%	8.88%	8.83%	22.96%	-4.74%	40.31%	10.64%	4.95%

Returns By Period

In the year-to-date period, AVUV achieves a 8.60% return, which is significantly higher than AVUVX's 5.65% return.

AVUV

• 1D: 2.03%
• 1M: -1.97%
• YTD: 8.60%
• 6M: 11.68%
• 1Y: 28.72%
• 3Y*: 16.19%
• 5Y*: 10.38%
• 10Y*: —

AVUVX

• 1D: -0.87%
• 1M: -4.48%
• YTD: 5.65%
• 6M: 8.54%
• 1Y: 26.60%
• 3Y*: 15.35%
• 5Y*: 10.26%
• 10Y*: —

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

AVUV vs. AVUVX - Expense Ratio Comparison

Both AVUV and AVUVX have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

AVUV

Avantis US Small Cap Value ETF

AVUVX

Avantis U.S. Small Cap Value Fund

Return for Risk

AVUV vs. AVUVX — Risk / Return Rank

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

AVUV

AVUV Risk / Return Rank: 74
AVUV Sharpe Ratio Rank: 73
AVUV Sortino Ratio Rank: 75
AVUV Omega Ratio Rank: 71
AVUV Calmar Ratio Rank: 76
AVUV Martin Ratio Rank: 76

AVUVX

AVUVX Risk / Return Rank: 66
AVUVX Sharpe Ratio Rank: 65
AVUVX Sortino Ratio Rank: 68
AVUVX Omega Ratio Rank: 63
AVUVX Calmar Ratio Rank: 68
AVUVX Martin Ratio Rank: 64

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. AVUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Value ETF (AVUV) and Avantis U.S. Small Cap Value Fund (AVUVX). 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	AVUVX	Difference
Sharpe ratio Return per unit of total volatility	1.23	1.13	+0.10
Sortino ratio Return per unit of downside risk	1.80	1.67	+0.13
Omega ratio Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio Return relative to maximum drawdown	1.87	1.53	+0.34
Martin ratio Return relative to average drawdown	7.37	6.07	+1.30
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. AVUVX - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 1.23, which is comparable to the AVUVX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of AVUV and AVUVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVUV	AVUVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	1.13	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.45	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.51	+0.01

Correlation

The correlation between AVUV and AVUVX is 0.99, 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.

Dividends

AVUV vs. AVUVX - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.41%, less than AVUVX's 6.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.41%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
AVUVX Avantis U.S. Small Cap Value Fund	6.71%	7.09%	4.11%	1.57%	8.07%	5.83%	0.73%	0.14%

Drawdowns

AVUV vs. AVUVX - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, roughly equal to the maximum AVUVX drawdown of -50.24%. Use the drawdown chart below to compare losses from any high point for AVUV and AVUVX.

Drawdown Indicators

	AVUV	AVUVX	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-50.24%	+0.82%
Max Drawdown (1Y) Largest decline over 1 year	-15.43%	-15.66%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	-28.79%	-28.81%	+0.02%
Current Drawdown Current decline from peak	-4.14%	-6.62%	+2.48%
Average Drawdown Average peak-to-trough decline	-8.14%	-7.93%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	3.95%	-0.04%

Volatility

AVUV vs. AVUVX - Volatility Comparison

Avantis US Small Cap Value ETF (AVUV) has a higher volatility of 5.51% compared to Avantis U.S. Small Cap Value Fund (AVUVX) at 5.19%. This indicates that AVUV's price experiences larger fluctuations and is considered to be riskier than AVUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	AVUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	5.19%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	13.11%	13.03%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	23.46%	23.58%	-0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.95%	22.92%	+0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.60%	29.10%	-0.50%