AVUV vs. EVTR

Last updated Jun 9, 2026

AVUV (Avantis US Small Cap Value ETF) and EVTR (Eaton Vance Total Return Bond ETF) are both exchange-traded funds - AVUV is a Small Cap Value Equities fund actively managed by Avantis, while EVTR is a Intermediate Core-Plus Bond fund actively managed by Eaton Vance. Both are actively managed. Over the past year, AVUV returned 36.82% vs 5.42% for EVTR. At a 0.20 correlation, their price movements are largely independent. AVUV charges 0.25%/yr vs 0.32%/yr for EVTR.

Performance

AVUV vs. EVTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis US Small Cap Value ETF (AVUV) and Eaton Vance Total Return Bond ETF (EVTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUV achieves a 18.87% return, which is significantly higher than EVTR's -0.18% return.

AVUV

• 1D: 1.01%
• 1M: 0.89%
• YTD: 18.87%
• 6M: 18.74%
• 1Y: 36.82%
• 3Y*: 18.46%
• 5Y*: 10.85%
• 10Y*: —

EVTR

• 1D: -0.10%
• 1M: -0.81%
• YTD: -0.18%
• 6M: 0.39%
• 1Y: 5.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVUV vs. EVTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVUV Avantis US Small Cap Value ETF	18.87%	7.44%	7.16%
EVTR Eaton Vance Total Return Bond ETF	-0.18%	8.10%	4.07%

Correlation

The correlation between AVUV and EVTR is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024	0.20

Return for Risk

AVUV vs. EVTR — Risk / Return Rank

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

AVUV

AVUV Risk / Return Rank: 76
AVUV Sharpe Ratio Rank: 72
AVUV Sortino Ratio Rank: 75
AVUV Omega Ratio Rank: 68
AVUV Calmar Ratio Rank: 88
AVUV Martin Ratio Rank: 79

EVTR

EVTR Risk / Return Rank: 45
EVTR Sharpe Ratio Rank: 48
EVTR Sortino Ratio Rank: 50
EVTR Omega Ratio Rank: 46
EVTR Calmar Ratio Rank: 42
EVTR Martin Ratio Rank: 41

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. EVTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Value ETF (AVUV) and Eaton Vance Total Return Bond ETF (EVTR). 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	EVTR	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.50	+0.61
Sortino ratio: Return per unit of downside risk	3.02	2.20	+0.83
Omega ratio: Gain probability vs. loss probability	1.36	1.26	+0.10
Calmar ratio: Return relative to maximum drawdown	4.65	1.90	+2.75
Martin ratio: Return relative to average drawdown	13.81	5.94	+7.87
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. EVTR - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 2.11, which is higher than the EVTR Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of AVUV and EVTR, 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	EVTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	1.50	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.26	-0.70

Drawdowns

AVUV vs. EVTR - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, which is greater than EVTR's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for AVUV and EVTR.

Drawdown Indicators

	AVUV	EVTR	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-4.08%	-45.34%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-2.86%	-5.09%
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	-0.44%	-1.90%	+1.46%
Average Drawdown Average peak-to-trough decline	-7.94%	-0.97%	-6.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	0.91%	+1.76%

Volatility

AVUV vs. EVTR - Volatility Comparison

Avantis US Small Cap Value ETF (AVUV) has a higher volatility of 4.29% compared to Eaton Vance Total Return Bond ETF (EVTR) at 1.40%. This indicates that AVUV's price experiences larger fluctuations and is considered to be riskier than EVTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	EVTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	1.40%	+2.89%
Volatility (6M) Calculated over the trailing 6-month period	11.39%	2.81%	+8.58%
Volatility (1Y) Calculated over the trailing 1-year period	17.57%	3.64%	+13.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.75%	4.31%	+18.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.29%	4.31%	+23.98%

AVUV vs. EVTR - Expense Ratio Comparison

AVUV has a 0.25% expense ratio, which is lower than EVTR's 0.32% expense ratio.

Dividends

AVUV vs. EVTR - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.28%, less than EVTR's 4.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.28%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
EVTR Eaton Vance Total Return Bond ETF	4.70%	4.51%	4.26%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVUV and EVTR in my portfolio?

AVUV and EVTR 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, AVUV or EVTR?

AVUV has higher volatility (4.29%) compared to EVTR (1.40%). In terms of maximum drawdown, AVUV dropped -49.42% vs EVTR's -4.08%.

Which ETF is better, AVUV or EVTR?

On 1-year performance, AVUV leads with 36.82% vs 5.42% for EVTR. On fees, AVUV is cheaper at 0.25% per year. On volatility, EVTR has been the lower-risk option at 1.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUV or EVTR?

Over the 1-year period, AVUV has performed better with a 36.82% return vs 5.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUV or EVTR?

AVUV is cheaper with a 0.25% expense ratio, compared with 0.32% for EVTR.

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

EVTR has the higher dividend yield at 4.70%, compared with 1.28% for AVUV.

What is the main difference between AVUV and EVTR?

AVUV is categorized as Small Cap Value Equities, while EVTR is Intermediate Core-Plus Bond. They also come from different issuers: Avantis and Eaton Vance. Their fees differ too: 0.25% for AVUV and 0.32% for EVTR.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.11 vs 1.50), 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.