AVWS.DE vs. RPV

Last updated Jun 5, 2026

AVWS.DE (Avantis Global Small Cap Value UCITS ETF USD Acc EUR) and RPV (Invesco S&P 500® Pure Value ETF) are both exchange-traded funds - AVWS.DE is a Foreign Small & Mid Cap Equities fund actively managed by Avantis, while RPV is a Large Cap Value Equities fund tracking the S&P 500/Citigroup Pure Value Index. AVWS.DE is actively managed, while RPV is passively managed. Over the past year, AVWS.DE returned 34.95% vs 27.67% for RPV. At a 0.45 correlation, their price movements are largely independent. AVWS.DE charges 0.39%/yr vs 0.35%/yr for RPV.

Performance

AVWS.DE vs. RPV - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) and Invesco S&P 500® Pure Value ETF (RPV). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AVWS.DE is traded in EUR, while RPV is traded in USD. To make them comparable, the RPV values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, AVWS.DE achieves a 18.30% return, which is significantly higher than RPV's 12.77% return.

AVWS.DE

• 1D: 0.39%
• 1M: 1.51%
• YTD: 18.30%
• 6M: 18.97%
• 1Y: 34.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RPV

• 1D: 0.78%
• 1M: 3.78%
• YTD: 12.77%
• 6M: 13.93%
• 1Y: 27.67%
• 3Y*: 15.57%
• 5Y*: 10.50%
• 10Y*: 10.36%

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

AVWS.DE vs. RPV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVWS.DE Avantis Global Small Cap Value UCITS ETF USD Acc EUR	18.30%	7.87%	5.65%
RPV Invesco S&P 500® Pure Value ETF	12.77%	3.73%	9.87%

Correlation

The correlation between AVWS.DE and RPV is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.45

Return for Risk

AVWS.DE vs. RPV — Risk / Return Rank

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

AVWS.DE

AVWS.DE Risk / Return Rank: 80
AVWS.DE Sharpe Ratio Rank: 75
AVWS.DE Sortino Ratio Rank: 75
AVWS.DE Omega Ratio Rank: 71
AVWS.DE Calmar Ratio Rank: 90
AVWS.DE Martin Ratio Rank: 90

RPV

RPV Risk / Return Rank: 74
RPV Sharpe Ratio Rank: 74
RPV Sortino Ratio Rank: 77
RPV Omega Ratio Rank: 70
RPV Calmar Ratio Rank: 77
RPV Martin Ratio Rank: 73

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.

AVWS.DE vs. RPV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) and Invesco S&P 500® Pure Value ETF (RPV). 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.

	AVWS.DE	RPV	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.10	+0.30
Sortino ratio: Return per unit of downside risk	3.31	2.84	+0.47
Omega ratio: Gain probability vs. loss probability	1.42	1.36	+0.05
Calmar ratio: Return relative to maximum drawdown	5.44	4.60	+0.84
Martin ratio: Return relative to average drawdown	20.29	15.95	+4.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVWS.DE vs. RPV - Sharpe Ratio Comparison

The current AVWS.DE Sharpe Ratio is 2.40, which is comparable to the RPV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of AVWS.DE and RPV, 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

	AVWS.DE	RPV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.10	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.40	+0.68

Drawdowns

AVWS.DE vs. RPV - Drawdown Comparison

The maximum AVWS.DE drawdown since its inception was -25.21%, smaller than the maximum RPV drawdown of -71.16%. Use the drawdown chart below to compare losses from any high point for AVWS.DE and RPV.

Drawdown Indicators

	AVWS.DE	RPV	Difference
Max Drawdown Largest peak-to-trough decline	-25.21%	-71.16%	+45.95%
Max Drawdown (1Y) Largest decline over 1 year	-6.39%	-6.04%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.19%	—
Current Drawdown Current decline from peak	-0.39%	0.00%	-0.39%
Average Drawdown Average peak-to-trough decline	-5.13%	-10.77%	+5.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.74%	-0.02%

Volatility

AVWS.DE vs. RPV - Volatility Comparison

Avantis Global Small Cap Value UCITS ETF USD Acc EUR (AVWS.DE) has a higher volatility of 3.27% compared to Invesco S&P 500® Pure Value ETF (RPV) at 2.59%. This indicates that AVWS.DE's price experiences larger fluctuations and is considered to be riskier than RPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVWS.DE	RPV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	2.59%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	9.60%	9.31%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	14.48%	13.32%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.12%	17.72%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.12%	22.28%	-4.16%

AVWS.DE vs. RPV - Expense Ratio Comparison

AVWS.DE has a 0.39% expense ratio, which is higher than RPV's 0.35% expense ratio.

Dividends

AVWS.DE vs. RPV - Dividend Comparison

AVWS.DE has not paid dividends to shareholders, while RPV's dividend yield for the trailing twelve months is around 2.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVWS.DE Avantis Global Small Cap Value UCITS ETF USD Acc EUR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RPV Invesco S&P 500® Pure Value ETF	2.26%	2.50%	2.16%	2.38%	2.29%	1.92%	2.11%	2.28%	2.49%	1.73%	1.73%	2.39%

Frequently Asked Questions

Can I hold both AVWS.DE and RPV in my portfolio?

AVWS.DE and RPV have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVWS.DE or RPV?

On fees, RPV is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVWS.DE or RPV?

RPV is cheaper with a 0.35% expense ratio, compared with 0.39% for AVWS.DE.

What is the main difference between AVWS.DE and RPV?

AVWS.DE is categorized as Foreign Small & Mid Cap Equities, while RPV is Large Cap Value Equities. They also come from different issuers: Avantis and Invesco. Their fees differ too: 0.39% for AVWS.DE and 0.35% for RPV.