AVXC vs. AVUV

Last updated Jun 9, 2026

AVXC (Avantis Emerging Markets ex-China Equity ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - AVXC is a Emerging Markets Diversified fund actively managed by Avantis, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. Both are actively managed. Over the past year, AVXC returned 50.65% vs 36.82% for AVUV. A 0.54 correlation means they provide meaningful diversification when combined. AVXC charges 0.33%/yr vs 0.25%/yr for AVUV.

Performance

AVXC vs. AVUV - Performance Comparison

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

Returns By Period

In the year-to-date period, AVXC achieves a 26.81% return, which is significantly higher than AVUV's 18.87% return.

AVXC

• 1D: 1.86%
• 1M: -2.00%
• YTD: 26.81%
• 6M: 30.76%
• 1Y: 50.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVUV

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

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

AVXC vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVXC Avantis Emerging Markets ex-China Equity ETF	26.81%	31.45%	-0.80%
AVUV Avantis US Small Cap Value ETF	18.87%	7.44%	5.93%

Correlation

The correlation between AVXC and AVUV is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (All Time) Calculated using the full available price history since Mar 22, 2024	0.54

The correlation between AVXC and AVUV has been stable across timeframes, ranging from 0.52 to 0.54 - a consistent structural relationship.

AVXC vs. AVUV - Sectors Allocation Comparison

Sectors	AVXC	AVUV
Technology	38.2%	7.0%
Financial Services	20.2%	25.8%
Industrials	10.0%	13.9%
Basic Materials	8.1%	4.9%
Consumer Cyclical	5.5%	18.0%
Energy	4.9%	18.2%
Communication Services	3.7%	2.8%
Consumer Defensive	2.9%	4.5%
Utilities	2.8%	0.1%
Healthcare	2.3%	4.2%
Real Estate	1.5%	0.7%

Return for Risk

AVXC vs. AVUV — Risk / Return Rank

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

AVXC

AVXC Risk / Return Rank: 80
AVXC Sharpe Ratio Rank: 82
AVXC Sortino Ratio Rank: 75
AVXC Omega Ratio Rank: 82
AVXC Calmar Ratio Rank: 78
AVXC Martin Ratio Rank: 81

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

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.

AVXC vs. AVUV - Risk-Adjusted Trends Comparison

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

	AVXC	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	2.39	2.11	+0.28
Sortino ratio: Return per unit of downside risk	3.02	3.02	0.00
Omega ratio: Gain probability vs. loss probability	1.44	1.36	+0.08
Calmar ratio: Return relative to maximum drawdown	3.63	4.65	-1.03
Martin ratio: Return relative to average drawdown	14.38	13.81	+0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVXC vs. AVUV - Sharpe Ratio Comparison

The current AVXC Sharpe Ratio is 2.39, which is comparable to the AVUV Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of AVXC and AVUV, 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

	AVXC	AVUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	2.11	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.56	+0.79

Drawdowns

AVXC vs. AVUV - Drawdown Comparison

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

Drawdown Indicators

	AVXC	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-20.44%	-49.42%	+28.98%
Max Drawdown (1Y) Largest decline over 1 year	-14.04%	-7.95%	-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	-6.77%	-0.44%	-6.33%
Average Drawdown Average peak-to-trough decline	-3.80%	-7.94%	+4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	2.67%	+0.86%

Volatility

AVXC vs. AVUV - Volatility Comparison

Avantis Emerging Markets ex-China Equity ETF (AVXC) has a higher volatility of 11.07% compared to Avantis US Small Cap Value ETF (AVUV) at 4.29%. This indicates that AVXC's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVXC	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.07%	4.29%	+6.78%
Volatility (6M) Calculated over the trailing 6-month period	19.17%	11.39%	+7.78%
Volatility (1Y) Calculated over the trailing 1-year period	21.33%	17.57%	+3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	22.75%	-3.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.03%	28.29%	-9.26%

AVXC vs. AVUV - Expense Ratio Comparison

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

Dividends

AVXC vs. AVUV - Dividend Comparison

AVXC's dividend yield for the trailing twelve months is around 1.58%, more than AVUV's 1.28% 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%
AVXC Avantis Emerging Markets ex-China Equity ETF	1.58%	1.97%	1.34%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVXC and AVUV in my portfolio?

AVXC and AVUV have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVXC or AVUV?

AVXC has higher volatility (11.07%) compared to AVUV (4.29%). In terms of maximum drawdown, AVXC dropped -20.44% vs AVUV's -49.42%.

Which ETF is better, AVXC or AVUV?

On 1-year performance, AVXC leads with 50.65% vs 36.82% for AVUV. On fees, AVUV is cheaper at 0.25% per year. On volatility, AVUV has been the lower-risk option at 4.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVXC or AVUV?

Over the 1-year period, AVXC has performed better with a 50.65% return vs 36.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVXC or AVUV?

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

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

AVXC has the higher dividend yield at 1.58%, compared with 1.28% for AVUV.

What is the main difference between AVXC and AVUV?

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

Which has better risk-adjusted returns?

AVXC currently has the higher Sharpe Ratio (2.39 vs 2.11), 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.