CACE.TO vs. CAUV.TO

Last updated Jun 4, 2026

CACE.TO (Avantis CIBC Canadian Equity ETF) and CAUV.TO (Avantis CIBC U.S. Small Cap Value ETF) are both exchange-traded funds - CACE.TO is a Canada Equities fund actively managed by Avantis, while CAUV.TO is a Small Cap Value Equities fund actively managed by Avantis. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. CACE.TO charges 0.19%/yr vs 0.35%/yr for CAUV.TO.

Performance

CACE.TO vs. CAUV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC Canadian Equity ETF (CACE.TO) and Avantis CIBC U.S. Small Cap Value ETF (CAUV.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CACE.TO

• 1D: -0.64%
• 1M: 4.10%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAUV.TO

• 1D: -0.56%
• 1M: 3.89%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CACE.TO vs. CAUV.TO - Yearly Performance Comparison

	2026 (YTD)
CACE.TO Avantis CIBC Canadian Equity ETF	4.70%
CAUV.TO Avantis CIBC U.S. Small Cap Value ETF	5.90%

Correlation

The correlation between CACE.TO and CAUV.TO is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	0.54

Return for Risk

CACE.TO vs. CAUV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC Canadian Equity ETF (CACE.TO) and Avantis CIBC U.S. Small Cap Value ETF (CAUV.TO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CACE.TO	CAUV.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	1.47	-0.38

Drawdowns

CACE.TO vs. CAUV.TO - Drawdown Comparison

The maximum CACE.TO drawdown since its inception was -10.51%, which is greater than CAUV.TO's maximum drawdown of -7.68%. Use the drawdown chart below to compare losses from any high point for CACE.TO and CAUV.TO.

Drawdown Indicators

	CACE.TO	CAUV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-10.51%	-7.68%	-2.83%
Current Drawdown Current decline from peak	-0.64%	-0.93%	+0.29%
Average Drawdown Average peak-to-trough decline	-2.86%	-2.09%	-0.77%

Volatility

Volatility by Period

	CACE.TO	CAUV.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.39%	15.49%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.39%	15.49%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.39%	15.49%	+0.90%

CACE.TO vs. CAUV.TO - Expense Ratio Comparison

CACE.TO has a 0.19% expense ratio, which is lower than CAUV.TO's 0.35% expense ratio.

Dividends

CACE.TO vs. CAUV.TO - Dividend Comparison

Neither CACE.TO nor CAUV.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CACE.TO and CAUV.TO in my portfolio?

CACE.TO and CAUV.TO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CACE.TO or CAUV.TO?

On fees, CACE.TO is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CACE.TO or CAUV.TO?

CACE.TO is cheaper with a 0.19% expense ratio, compared with 0.35% for CAUV.TO.

What is the main difference between CACE.TO and CAUV.TO?

CACE.TO is categorized as Canada Equities, while CAUV.TO is Small Cap Value Equities. Their fees differ too: 0.19% for CACE.TO and 0.35% for CAUV.TO.