CAUV.TO vs. CACE.TO

Last updated Jun 4, 2026

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

Performance

CAUV.TO vs. CACE.TO - Performance Comparison

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

Returns By Period

CAUV.TO

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

CACE.TO

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

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

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

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

Correlation

The correlation between CAUV.TO and CACE.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

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

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

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

Drawdowns

CAUV.TO vs. CACE.TO - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

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

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

Dividends

CAUV.TO vs. CACE.TO - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

CAUV.TO and CACE.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, CAUV.TO or CACE.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, CAUV.TO or CACE.TO?

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

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

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