AVUV vs. AVXC

Last updated Jul 21, 2026

AVUV (Avantis US Small Cap Value ETF) and AVXC (Avantis Emerging Markets ex-China Equity ETF) are both exchange-traded funds - AVUV is a Small Cap Value Equities fund actively managed by Avantis, while AVXC is a Emerging Markets Diversified fund actively managed by Avantis. Both are actively managed. Over the past year, AVUV returned 34.78% vs 38.84% for AVXC. A 0.52 correlation means they provide meaningful diversification when combined. AVUV charges 0.25%/yr vs 0.33%/yr for AVXC.

Performance

AVUV vs. AVXC - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with AVUV having a 22.92% return and AVXC slightly lower at 22.30%.

AVUV

• 1D: -0.62%
• 1M: 2.11%
• 6M: 15.52%
• YTD: 22.92%
• 1Y: 34.78%
• 3Y*: 17.14%
• 5Y*: 13.17%
• 10Y*: —
• ALL TIME*: 16.12%

AVXC

• 1D: -0.63%
• 1M: -12.03%
• 6M: 15.58%
• YTD: 22.30%
• 1Y: 38.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.93%

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

AVUV vs. AVXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVUV Avantis US Small Cap Value ETF	22.92%	7.44%	7.41%
AVXC Avantis Emerging Markets ex-China Equity ETF	22.30%	31.45%	-1.26%

Correlation

The correlation between AVUV and AVXC is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.52

The correlation between AVUV and AVXC has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.

AVUV vs. AVXC - Sectors Allocation Comparison

Sectors	AVUV	AVXC
Financial Services	27.8%	21.6%
Consumer Cyclical	18.5%	4.3%
Energy	13.9%	3.5%
Industrials	13.5%	8.2%
Technology	7.4%	35.2%
Healthcare	5.3%	1.8%
Consumer Defensive	4.9%	2.3%
Basic Materials	4.8%	6.7%
Communication Services	2.9%	3.5%
Real Estate	0.7%	1.2%
Utilities	0.2%	2.5%

Return for Risk

AVUV vs. AVXC — Risk / Return Rank

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

AVUV

AVUV Risk / Return Rank: 86
AVUV Sharpe Ratio Rank: 84
AVUV Sortino Ratio Rank: 85
AVUV Omega Ratio Rank: 81
AVUV Calmar Ratio Rank: 92
AVUV Martin Ratio Rank: 86

AVXC

AVXC Risk / Return Rank: 68
AVXC Sharpe Ratio Rank: 67
AVXC Sortino Ratio Rank: 61
AVXC Omega Ratio Rank: 70
AVXC Calmar Ratio Rank: 74
AVXC Martin Ratio Rank: 71

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. AVXC - Risk-Adjusted Trends Comparison

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

	AVUV	AVXC	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.61	+0.43
Sortino ratio: Return per unit of downside risk	2.97	2.15	+0.82
Omega ratio: Gain probability vs. loss probability	1.36	1.31	+0.05
Calmar ratio: Return relative to maximum drawdown	4.39	2.78	+1.61
Martin ratio: Return relative to average drawdown	13.09	9.35	+3.74

AVUV vs. AVXC - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 2.04, which is comparable to the AVXC Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of AVUV and AVXC, 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

AVUV vs. AVXC - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, which is greater than AVXC's maximum drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for AVUV and AVXC.

Drawdown Indicators

	AVUV	AVXC	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-20.44%	-28.98%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-14.04%	+6.09%
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	-1.27%	-12.28%	+11.01%
Average Drawdown Average peak-to-trough decline	-7.82%	-3.90%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	4.17%	-1.51%

Volatility

AVUV vs. AVXC - Volatility Comparison

The current volatility for Avantis US Small Cap Value ETF (AVUV) is 2.66%, while Avantis Emerging Markets ex-China Equity ETF (AVXC) has a volatility of 10.66%. This indicates that AVUV experiences smaller price fluctuations and is considered to be less risky than AVXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	AVXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	10.66%	-8.00%
Volatility (6M) Calculated over the trailing 6-month period	11.10%	22.52%	-11.42%
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	24.23%	-7.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	20.24%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.08%	20.24%	+7.84%

AVUV vs. AVXC - Expense Ratio Comparison

AVUV has a 0.25% expense ratio, which is lower than AVXC's 0.33% expense ratio.

Dividends

AVUV vs. AVXC - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.25%, less than AVXC's 1.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.25%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
AVXC Avantis Emerging Markets ex-China Equity ETF	1.73%	1.97%	1.34%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVUV and AVXC in my portfolio?

AVUV and AVXC have a correlation of 0.49, 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 AVXC?

AVXC has higher volatility (10.66%) compared to AVUV (2.66%). In terms of maximum drawdown, AVUV dropped -49.42% vs AVXC's -20.44%.

Which ETF is better, AVUV or AVXC?

On 1-year performance, AVXC leads with 38.84% vs 34.78% for AVUV. On fees, AVUV is cheaper at 0.25% per year. On volatility, AVUV has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUV or AVXC?

Over the 1-year period, AVXC has performed better with a 38.84% return vs 34.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUV or AVXC?

AVUV is cheaper with a 0.25% expense ratio, compared with 0.33% for AVXC.

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

AVXC has the higher dividend yield at 1.73%, compared with 1.25% for AVUV.

What is the main difference between AVUV and AVXC?

AVUV is categorized as Small Cap Value Equities, while AVXC is Emerging Markets Diversified. Their fees differ too: 0.25% for AVUV and 0.33% for AVXC.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.04 vs 1.61), 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.