AVUV vs. VEE.TO

Last updated Jun 13, 2026

AVUV (Avantis US Small Cap Value ETF) and VEE.TO (Vanguard FTSE Emerging Markets All Cap Index ETF) are both exchange-traded funds - AVUV is a Small Cap Value Equities fund actively managed by Avantis, while VEE.TO is a Emerging Markets Equities fund tracking the FTSE Emerging Markets All Cap China A Inclusion Index. AVUV is actively managed, while VEE.TO is passively managed. Over the past 5 years, AVUV returned 11.57%/yr vs 4.26%/yr for VEE.TO. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.

Performance

AVUV vs. VEE.TO - Performance Comparison

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

Different Trading Currencies

AVUV is traded in USD, while VEE.TO is traded in CAD. To make them comparable, the VEE.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AVUV achieves a 22.73% return, which is significantly higher than VEE.TO's 10.42% return.

AVUV

• 1D: 0.96%
• 1M: 5.11%
• YTD: 22.73%
• 6M: 19.51%
• 1Y: 42.12%
• 3Y*: 19.24%
• 5Y*: 11.57%
• 10Y*: —

VEE.TO

• 1D: 0.78%
• 1M: -0.81%
• YTD: 10.42%
• 6M: 12.32%
• 1Y: 26.08%
• 3Y*: 16.02%
• 5Y*: 4.26%
• 10Y*: 8.41%

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

AVUV vs. VEE.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	22.73%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.54%
VEE.TO Vanguard FTSE Emerging Markets All Cap Index ETF	10.42%	25.02%	9.77%	8.83%	-17.98%	0.10%	15.05%	9.81%

Correlation

The correlation between AVUV and VEE.TO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.40

AVUV vs. VEE.TO - Sectors Allocation Comparison

Sectors	AVUV	VEE.TO
Financial Services	25.8%	20.5%
Energy	18.2%	4.7%
Consumer Cyclical	18.0%	11.2%
Industrials	13.9%	7.9%
Technology	7.0%	26.3%
Basic Materials	4.9%	8.4%
Consumer Defensive	4.5%	3.9%
Healthcare	4.2%	4.1%
Communication Services	2.8%	7.8%
Real Estate	0.7%	2.3%
Utilities	0.1%	3.0%

Return for Risk

AVUV vs. VEE.TO — Risk / Return Rank

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

AVUV

AVUV Risk / Return Rank: 84
AVUV Sharpe Ratio Rank: 83
AVUV Sortino Ratio Rank: 84
AVUV Omega Ratio Rank: 77
AVUV Calmar Ratio Rank: 91
AVUV Martin Ratio Rank: 85

VEE.TO

VEE.TO Risk / Return Rank: 59
VEE.TO Sharpe Ratio Rank: 59
VEE.TO Sortino Ratio Rank: 59
VEE.TO Omega Ratio Rank: 62
VEE.TO Calmar Ratio Rank: 58
VEE.TO Martin Ratio Rank: 59

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. VEE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Value ETF (AVUV) and Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO). 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	VEE.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.47	+0.81
Sortino ratio: Return per unit of downside risk	3.24	2.09	+1.15
Omega ratio: Gain probability vs. loss probability	1.39	1.27	+0.12
Calmar ratio: Return relative to maximum drawdown	5.06	2.25	+2.81
Martin ratio: Return relative to average drawdown	15.09	7.89	+7.20

AVUV vs. VEE.TO - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 2.28, which is higher than the VEE.TO Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of AVUV and VEE.TO, 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. VEE.TO - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, which is greater than VEE.TO's maximum drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for AVUV and VEE.TO.

Drawdown Indicators

	AVUV	VEE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-36.79%	-12.63%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-10.97%	+3.02%
Max Drawdown (3Y) Largest decline over 3 years	-28.79%	-17.99%	-10.80%
Max Drawdown (5Y) Largest decline over 5 years	-28.79%	-33.33%	+4.54%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.50%	—
Current Drawdown Current decline from peak	0.00%	-2.61%	+2.61%
Average Drawdown Average peak-to-trough decline	-7.91%	-12.69%	+4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	3.12%	-0.45%

Volatility

AVUV vs. VEE.TO - Volatility Comparison

The current volatility for Avantis US Small Cap Value ETF (AVUV) is 4.53%, while Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO) has a volatility of 6.95%. This indicates that AVUV experiences smaller price fluctuations and is considered to be less risky than VEE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	VEE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	6.95%	-2.42%
Volatility (6M) Calculated over the trailing 6-month period	11.34%	13.97%	-2.63%
Volatility (1Y) Calculated over the trailing 1-year period	17.63%	16.75%	+0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.75%	16.54%	+6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.26%	18.07%	+10.19%

AVUV vs. VEE.TO - Expense Ratio Comparison

Both AVUV and VEE.TO 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%.

Dividends

AVUV vs. VEE.TO - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.61%, less than VEE.TO's 1.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUV Avantis US Small Cap Value ETF	1.61%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%	0.00%	0.00%	0.00%	0.00%
VEE.TO Vanguard FTSE Emerging Markets All Cap Index ETF	1.93%	2.26%	2.45%	2.83%	3.35%	2.18%	1.62%	2.71%	2.24%	1.93%	2.01%	2.53%

Frequently Asked Questions

Can I hold both AVUV and VEE.TO in my portfolio?

AVUV and VEE.TO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVUV or VEE.TO?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVUV or VEE.TO?

AVUV and VEE.TO have the same expense ratio: 0.25% per year.

What is the main difference between AVUV and VEE.TO?

AVUV is categorized as Small Cap Value Equities, while VEE.TO is Emerging Markets Equities. They also come from different issuers: Avantis and Vanguard.