BKIE vs. AVUV

Last updated Jul 21, 2026

BKIE (BNY Mellon International Equity ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - BKIE is a Foreign Large Cap Equities fund tracking the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. BKIE is passively managed, while AVUV is actively managed. Over the past 5 years, BKIE returned 9.60%/yr vs 13.17%/yr for AVUV. A 0.68 correlation means they provide meaningful diversification when combined. BKIE charges 0.04%/yr vs 0.25%/yr for AVUV.

Performance

BKIE vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon International Equity ETF (BKIE) 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, BKIE achieves a 8.78% return, which is significantly lower than AVUV's 22.92% return.

BKIE

• 1D: -0.68%
• 1M: -1.34%
• 6M: 5.02%
• YTD: 8.78%
• 1Y: 21.47%
• 3Y*: 15.90%
• 5Y*: 9.60%
• 10Y*: —
• ALL TIME*: 14.64%

AVUV

• 1D: -0.62%
• 1M: 2.11%
• 6M: 15.52%
• YTD: 22.92%
• 1Y: 34.78%
• 3Y*: 17.14%
• 5Y*: 13.17%
• 10Y*: —
• ALL TIME*: 16.12%

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

BKIE vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	8.78%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%
AVUV Avantis US Small Cap Value ETF	22.92%	7.44%	9.28%	22.82%	-4.91%	42.20%	73.70%

Correlation

The correlation between BKIE and AVUV is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.68

The correlation between BKIE and AVUV has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

BKIE vs. AVUV - Sectors Allocation Comparison

Sectors	BKIE	AVUV
Financial Services	26.6%	27.8%
Industrials	17.9%	13.5%
Technology	11.7%	7.4%
Healthcare	9.1%	5.3%
Consumer Cyclical	7.2%	18.5%
Basic Materials	6.7%	4.8%
Consumer Defensive	6.3%	4.9%
Energy	5.0%	13.9%
Communication Services	4.1%	2.9%
Utilities	3.5%	0.2%
Real Estate	1.8%	0.7%

Return for Risk

BKIE vs. AVUV — Risk / Return Rank

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

BKIE

BKIE Risk / Return Rank: 54
BKIE Sharpe Ratio Rank: 56
BKIE Sortino Ratio Rank: 56
BKIE Omega Ratio Rank: 54
BKIE Calmar Ratio Rank: 49
BKIE Martin Ratio Rank: 57

AVUV

AVUV Risk / Return Rank: 86
AVUV Sharpe Ratio Rank: 84
AVUV Sortino Ratio Rank: 85
AVUV Omega Ratio Rank: 81
AVUV Calmar Ratio Rank: 92
AVUV Martin Ratio Rank: 86

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.

BKIE vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) 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.

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.

	BKIE	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	1.42	2.04	-0.62
Sortino ratio: Return per unit of downside risk	2.04	2.97	-0.92
Omega ratio: Gain probability vs. loss probability	1.25	1.36	-0.10
Calmar ratio: Return relative to maximum drawdown	1.89	4.39	-2.50
Martin ratio: Return relative to average drawdown	7.24	13.09	-5.85

BKIE vs. AVUV - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.42, which is lower than the AVUV Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of BKIE 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.

Drawdowns

BKIE vs. AVUV - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for BKIE and AVUV.

Drawdown Indicators

	BKIE	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-49.42%	+21.23%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-7.95%	-3.46%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-28.79%	+15.60%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-28.79%	+0.60%
Current Drawdown Current decline from peak	-2.34%	-1.27%	-1.07%
Average Drawdown Average peak-to-trough decline	-4.90%	-7.82%	+2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.66%	+0.31%

Volatility

BKIE vs. AVUV - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) has a higher volatility of 3.70% compared to Avantis US Small Cap Value ETF (AVUV) at 2.66%. This indicates that BKIE'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

	BKIE	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	2.66%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	13.03%	11.10%	+1.93%
Volatility (1Y) Calculated over the trailing 1-year period	15.22%	17.14%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	22.45%	-6.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	28.08%	-11.76%

BKIE vs. AVUV - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is lower than AVUV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BKIE vs. AVUV - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.23%, more than AVUV's 1.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.25%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
BKIE BNY Mellon International Equity ETF	3.23%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%

Frequently Asked Questions

Can I hold both BKIE and AVUV in my portfolio?

BKIE and AVUV have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKIE or AVUV?

BKIE has higher volatility (3.70%) compared to AVUV (2.66%). In terms of maximum drawdown, BKIE dropped -28.19% vs AVUV's -49.42%.

Which ETF is better, BKIE or AVUV?

On 5-year performance, AVUV leads with 13.17% vs 9.60% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, AVUV has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or AVUV?

Over the 5-year period, AVUV has performed better with a 13.17% return vs 9.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or AVUV?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.25% for AVUV.

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

BKIE has the higher dividend yield at 3.23%, compared with 1.25% for AVUV.

What is the main difference between BKIE and AVUV?

BKIE is categorized as Foreign Large Cap Equities, while AVUV is Small Cap Value Equities. They also come from different issuers: BNY Mellon and Avantis. Their fees differ too: 0.04% for BKIE and 0.25% for AVUV.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.04 vs 1.42), 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.