CDIG vs. AVGE

Last updated Jun 27, 2026

CDIG (City Different Investments Global Equity ETF) and AVGE (Avantis All Equity Markets ETF) are both Global Equities funds. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. CDIG charges 0.75%/yr vs 0.23%/yr for AVGE.

Performance

CDIG vs. AVGE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in City Different Investments Global Equity ETF (CDIG) and Avantis All Equity Markets ETF (AVGE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CDIG achieves a 3.08% return, which is significantly lower than AVGE's 14.97% return.

CDIG

• 1D: 0.01%
• 1M: -1.93%
• YTD: 3.08%
• 6M: 2.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGE

• 1D: -0.39%
• 1M: -0.32%
• YTD: 14.97%
• 6M: 13.74%
• 1Y: 29.66%
• 3Y*: 20.60%
• 5Y*: —
• 10Y*: —

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

CDIG vs. AVGE - Yearly Performance Comparison

	2026 (YTD)	2025
CDIG City Different Investments Global Equity ETF	3.08%	-0.39%
AVGE Avantis All Equity Markets ETF	14.97%	4.43%

Correlation

The correlation between CDIG and AVGE is 0.78, 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 Sep 17, 2025	0.78

Return for Risk

CDIG vs. AVGE — Risk / Return Rank

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

CDIG

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

AVGE

AVGE Risk / Return Rank: 80
AVGE Sharpe Ratio Rank: 81
AVGE Sortino Ratio Rank: 80
AVGE Omega Ratio Rank: 80
AVGE Calmar Ratio Rank: 76
AVGE Martin Ratio Rank: 82

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.

CDIG vs. AVGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for City Different Investments Global Equity ETF (CDIG) and Avantis All Equity Markets ETF (AVGE). 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.

	CDIG	AVGE	Difference
Sharpe ratio: Return per unit of total volatility	—	2.28	—
Sortino ratio: Return per unit of downside risk	—	3.13	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.47	—
Martin ratio: Return relative to average drawdown	—	14.55	—

Drawdowns

CDIG vs. AVGE - Drawdown Comparison

The maximum CDIG drawdown since its inception was -11.35%, smaller than the maximum AVGE drawdown of -17.13%. Use the drawdown chart below to compare losses from any high point for CDIG and AVGE.

Drawdown Indicators

	CDIG	AVGE	Difference
Max Drawdown Largest peak-to-trough decline	-11.35%	-17.13%	+5.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.60%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.13%	—
Current Drawdown Current decline from peak	-5.03%	-1.79%	-3.24%
Average Drawdown Average peak-to-trough decline	-3.29%	-2.39%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.04%	—

Volatility

Volatility by Period

	CDIG	AVGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.72%	13.10%	+9.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.72%	15.26%	+7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.72%	15.26%	+7.46%

CDIG vs. AVGE - Expense Ratio Comparison

CDIG has a 0.75% expense ratio, which is higher than AVGE's 0.23% expense ratio.

Dividends

CDIG vs. AVGE - Dividend Comparison

CDIG has not paid dividends to shareholders, while AVGE's dividend yield for the trailing twelve months is around 1.42%.

Position	TTM	2025	2024	2023	2022
AVGE Avantis All Equity Markets ETF	1.42%	1.67%	1.92%	1.93%	0.74%
CDIG City Different Investments Global Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CDIG and AVGE in my portfolio?

CDIG and AVGE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CDIG or AVGE?

On fees, AVGE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CDIG or AVGE?

AVGE is cheaper with a 0.23% expense ratio, compared with 0.75% for CDIG.

Which ETF pays a higher dividend yield, CDIG or AVGE?

AVGE has the higher dividend yield at 1.42%, compared with 0.00% for CDIG.

What is the main difference between CDIG and AVGE?

They also come from different issuers: City Different Investments and Avantis. Their fees differ too: 0.75% for CDIG and 0.23% for AVGE.