AVXC vs. DAADX

Last updated Aug 2, 2026

AVXC (Avantis Emerging Markets ex-China Equity ETF) and DAADX (DFA Emerging Markets ex China Core Equity Portfolio) are both Emerging Markets Equities funds. Over the past year, AVXC returned 41.12% vs 38.86% for DAADX. Their correlation of 0.90 means they have usually moved in the same direction. AVXC charges 0.33%/yr vs 0.43%/yr for DAADX.

Performance

AVXC vs. DAADX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with AVXC having a 21.87% return and DAADX slightly lower at 21.16%.

AVXC

• 1D: -0.32%
• 1M: -5.16%
• 6M: 12.10%
• YTD: 21.87%
• 1Y: 41.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.45%

DAADX

• 1D: 3.54%
• 1M: -7.16%
• 6M: 11.53%
• YTD: 21.16%
• 1Y: 38.86%
• 3Y*: 19.13%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVXC Avantis Emerging Markets ex-China Equity ETF	$2.17M	$2.40M	$3.36M
DAADX DFA Emerging Markets ex China Core Equity Portfolio	$0.00	$0.00	$0.00

AVXC vs. DAADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVXC Avantis Emerging Markets ex-China Equity ETF	21.87%	31.45%	-1.26%
DAADX DFA Emerging Markets ex China Core Equity Portfolio	21.16%	27.59%	0.98%

Correlation

The correlation between AVXC and DAADX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.90

The correlation between AVXC and DAADX has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

Return for Risk

AVXC vs. DAADX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVXC

AVXC Risk / Return Rank: 71
AVXC Sharpe Ratio Rank: 72
AVXC Sortino Ratio Rank: 67
AVXC Omega Ratio Rank: 75
AVXC Calmar Ratio Rank: 71
AVXC Martin Ratio Rank: 70

DAADX

DAADX Risk / Return Rank: 66
DAADX Sharpe Ratio Rank: 69
DAADX Sortino Ratio Rank: 59
DAADX Omega Ratio Rank: 73
DAADX Calmar Ratio Rank: 66
DAADX Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVXC vs. DAADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Emerging Markets ex-China Equity ETF (AVXC) and DFA Emerging Markets ex China Core Equity Portfolio (DAADX). 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.

	AVXC	DAADX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.61	+0.02
Sortino ratio: Return per unit of downside risk	2.19	2.08	+0.11
Omega ratio: Gain probability vs. loss probability	1.31	1.31	-0.01
Calmar ratio: Return relative to maximum drawdown	2.48	2.16	+0.32
Martin ratio: Return relative to average drawdown	8.57	8.03	+0.55

AVXC vs. DAADX - Sharpe Ratio Comparison

The current AVXC Sharpe Ratio is 1.63, which is comparable to the DAADX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of AVXC and DAADX, 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

AVXC vs. DAADX - Drawdown Comparison

The maximum AVXC drawdown since its inception was -20.44%, smaller than the maximum DAADX drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for AVXC and DAADX.

Drawdown Indicators

	AVXC	DAADX	Difference
Max Drawdown Largest peak-to-trough decline	-20.44%	-24.98%	+4.54%
Max Drawdown (1Y) Largest decline over 1 year	-16.43%	-16.99%	+0.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.78%	—
Current Drawdown Current decline from peak	-12.59%	-14.05%	+1.46%
Average Drawdown Average peak-to-trough decline	-4.02%	-6.75%	+2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.75%	4.56%	+0.19%

Volatility

AVXC vs. DAADX - Volatility Comparison

Avantis Emerging Markets ex-China Equity ETF (AVXC) and DFA Emerging Markets ex China Core Equity Portfolio (DAADX) have volatilities of 9.85% and 9.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVXC	DAADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.85%	9.84%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	23.43%	21.67%	+1.76%
Volatility (1Y) Calculated over the trailing 1-year period	25.10%	22.87%	+2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.62%	15.97%	+4.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	15.97%	+4.65%

AVXC vs. DAADX - Expense Ratio Comparison

AVXC has a 0.33% expense ratio, which is lower than DAADX's 0.43% expense ratio.

Dividends

AVXC vs. DAADX - Dividend Comparison

AVXC's dividend yield for the trailing twelve months is around 1.73%, less than DAADX's 2.07% yield.

Position	TTM	2025	2024	2023	2022	2021
AVXC Avantis Emerging Markets ex-China Equity ETF	1.73%	1.97%	1.34%	0.00%	0.00%	0.00%
DAADX DFA Emerging Markets ex China Core Equity Portfolio	2.07%	2.28%	2.64%	2.82%	3.02%	0.30%

Frequently Asked Questions

Can I hold both AVXC and DAADX in my portfolio?

AVXC and DAADX have a correlation of 0.89, 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 DAADX?

AVXC has higher volatility (9.85%) compared to DAADX (9.84%). In terms of maximum drawdown, AVXC dropped -20.44% vs DAADX's -24.98%.

Which has better risk-adjusted returns?

AVXC currently has the higher Sharpe Ratio (1.63 vs 1.61), 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.