AVUVX vs. VITAX

Last updated Jun 4, 2026

AVUVX (Avantis U.S. Small Cap Value Fund) and VITAX (Vanguard Information Technology Index Fund Admiral Shares) are both mutual funds - AVUVX is a Small Cap Value Equities fund managed by Avantis Investors, while VITAX is a Technology Equities fund tracking the MSCI US Investable Market Information Technology 25/50 Index. Over the past 5 years, AVUVX returned 11.18%/yr vs 23.05%/yr for VITAX. A 0.55 correlation means they provide meaningful diversification when combined. AVUVX charges 0.25%/yr vs 0.09%/yr for VITAX.

Performance

AVUVX vs. VITAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Small Cap Value Fund (AVUVX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUVX achieves a 19.42% return, which is significantly lower than VITAX's 33.66% return.

AVUVX

• 1D: 0.88%
• 1M: 2.78%
• YTD: 19.42%
• 6M: 18.81%
• 1Y: 39.51%
• 3Y*: 19.95%
• 5Y*: 11.18%
• 10Y*: —

VITAX

• 1D: 1.27%
• 1M: 19.87%
• YTD: 33.66%
• 6M: 32.51%
• 1Y: 62.61%
• 3Y*: 34.15%
• 5Y*: 23.05%
• 10Y*: 25.97%

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

AVUVX vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AVUVX Avantis U.S. Small Cap Value Fund	19.42%	8.88%	8.83%	22.96%	-4.74%	40.31%	10.64%	4.95%
VITAX Vanguard Information Technology Index Fund Admiral Shares	33.66%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	6.06%

Correlation

The correlation between AVUVX and VITAX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Dec 5, 2019	0.55

The correlation between AVUVX and VITAX shifts across timeframes, from 0.48 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

AVUVX vs. VITAX — Risk / Return Rank

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

AVUVX

AVUVX Risk / Return Rank: 72
AVUVX Sharpe Ratio Rank: 66
AVUVX Sortino Ratio Rank: 65
AVUVX Omega Ratio Rank: 55
AVUVX Calmar Ratio Rank: 92
AVUVX Martin Ratio Rank: 82

VITAX

VITAX Risk / Return Rank: 81
VITAX Sharpe Ratio Rank: 93
VITAX Sortino Ratio Rank: 82
VITAX Omega Ratio Rank: 78
VITAX Calmar Ratio Rank: 85
VITAX Martin Ratio Rank: 65

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.

AVUVX vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Small Cap Value Fund (AVUVX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). 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.

	AVUVX	VITAX	Difference
Sharpe ratio: Return per unit of total volatility	2.37	3.18	-0.81
Sortino ratio: Return per unit of downside risk	3.36	3.86	-0.50
Omega ratio: Gain probability vs. loss probability	1.41	1.51	-0.10
Calmar ratio: Return relative to maximum drawdown	5.06	4.00	+1.06
Martin ratio: Return relative to average drawdown	15.44	12.75	+2.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVUVX vs. VITAX - Sharpe Ratio Comparison

The current AVUVX Sharpe Ratio is 2.37, which is comparable to the VITAX Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of AVUVX and VITAX, 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

	AVUVX	VITAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	3.18	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.91	-0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.67	-0.09

Drawdowns

AVUVX vs. VITAX - Drawdown Comparison

The maximum AVUVX drawdown since its inception was -50.24%, smaller than the maximum VITAX drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for AVUVX and VITAX.

Drawdown Indicators

	AVUVX	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-50.24%	-54.81%	+4.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	-16.38%	+8.13%
Max Drawdown (3Y) Largest decline over 3 years	-28.81%	-27.38%	-1.43%
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	-35.10%	+6.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.74%	-8.02%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	5.13%	-2.43%

Volatility

AVUVX vs. VITAX - Volatility Comparison

The current volatility for Avantis U.S. Small Cap Value Fund (AVUVX) is 4.29%, while Vanguard Information Technology Index Fund Admiral Shares (VITAX) has a volatility of 6.01%. This indicates that AVUVX experiences smaller price fluctuations and is considered to be less risky than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUVX	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	6.01%	-1.72%
Volatility (6M) Calculated over the trailing 6-month period	11.48%	16.09%	-4.61%
Volatility (1Y) Calculated over the trailing 1-year period	17.60%	20.61%	-3.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.74%	25.39%	-2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.80%	24.84%	+3.96%

AVUVX vs. VITAX - Expense Ratio Comparison

AVUVX has a 0.25% expense ratio, which is higher than VITAX's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVUVX vs. VITAX - Dividend Comparison

AVUVX's dividend yield for the trailing twelve months is around 5.94%, more than VITAX's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUVX Avantis U.S. Small Cap Value Fund	5.94%	7.09%	4.11%	1.57%	8.07%	5.83%	0.73%	0.14%	0.00%	0.00%	0.00%	0.00%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.30%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both AVUVX and VITAX in my portfolio?

AVUVX and VITAX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVUVX or VITAX?

VITAX has higher volatility (6.01%) compared to AVUVX (4.29%). In terms of maximum drawdown, AVUVX dropped -50.24% vs VITAX's -54.81%.

Which has better risk-adjusted returns?

VITAX currently has the higher Sharpe Ratio (3.18 vs 2.37), 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.