CGIC vs. AVDV

Last updated Jun 4, 2026

CGIC (Capital Group International Core Equity ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - CGIC is a Foreign Large Cap Equities fund actively managed by Capital Group, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. Both are actively managed. Over the past year, CGIC returned 30.79% vs 44.23% for AVDV. Their correlation of 0.86 suggests significant overlap in exposure. CGIC charges 0.54%/yr vs 0.36%/yr for AVDV.

Performance

CGIC vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Core Equity ETF (CGIC) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGIC achieves a 12.85% return, which is significantly lower than AVDV's 16.04% return.

CGIC

• 1D: -1.04%
• 1M: 5.13%
• YTD: 12.85%
• 6M: 15.39%
• 1Y: 30.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVDV

• 1D: -0.73%
• 1M: 3.98%
• YTD: 16.04%
• 6M: 19.54%
• 1Y: 44.23%
• 3Y*: 28.01%
• 5Y*: 13.72%
• 10Y*: —

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

CGIC vs. AVDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGIC Capital Group International Core Equity ETF	12.85%	37.53%	-2.81%
AVDV Avantis International Small Cap Value ETF	16.04%	49.37%	2.71%

Correlation

The correlation between CGIC and AVDV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jun 28, 2024	0.86

The correlation between CGIC and AVDV has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

CGIC vs. AVDV - Sectors Allocation Comparison

Sectors	CGIC	AVDV
Financial Services	20.2%	13.7%
Technology	16.7%	6.4%
Industrials	13.9%	21.3%
Basic Materials	8.8%	22.5%
Consumer Defensive	8.1%	3.4%
Consumer Cyclical	7.4%	14.4%
Communication Services	7.3%	2.0%
Energy	6.2%	10.8%
Healthcare	5.6%	2.1%
Utilities	4.1%	1.7%
Real Estate	1.8%	1.1%

Return for Risk

CGIC vs. AVDV — Risk / Return Rank

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

CGIC

CGIC Risk / Return Rank: 58
CGIC Sharpe Ratio Rank: 60
CGIC Sortino Ratio Rank: 59
CGIC Omega Ratio Rank: 60
CGIC Calmar Ratio Rank: 55
CGIC Martin Ratio Rank: 59

AVDV

AVDV Risk / Return Rank: 78
AVDV Sharpe Ratio Rank: 85
AVDV Sortino Ratio Rank: 83
AVDV Omega Ratio Rank: 84
AVDV Calmar Ratio Rank: 66
AVDV Martin Ratio Rank: 72

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.

CGIC vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Core Equity ETF (CGIC) and Avantis International Small Cap Value ETF (AVDV). 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.

	CGIC	AVDV	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.86	-0.80
Sortino ratio: Return per unit of downside risk	2.83	3.79	-0.96
Omega ratio: Gain probability vs. loss probability	1.37	1.52	-0.15
Calmar ratio: Return relative to maximum drawdown	2.74	3.37	-0.63
Martin ratio: Return relative to average drawdown	10.54	13.67	-3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGIC vs. AVDV - Sharpe Ratio Comparison

The current CGIC Sharpe Ratio is 2.06, which is comparable to the AVDV Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of CGIC and AVDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CGIC	AVDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.86	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	0.80	+0.68

Drawdowns

CGIC vs. AVDV - Drawdown Comparison

The maximum CGIC drawdown since its inception was -13.10%, smaller than the maximum AVDV drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for CGIC and AVDV.

Drawdown Indicators

	CGIC	AVDV	Difference
Max Drawdown Largest peak-to-trough decline	-13.10%	-43.01%	+29.91%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-13.19%	+1.89%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.08%	—
Current Drawdown Current decline from peak	-1.04%	-1.35%	+0.31%
Average Drawdown Average peak-to-trough decline	-2.54%	-6.77%	+4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.24%	-0.31%

Volatility

CGIC vs. AVDV - Volatility Comparison

Capital Group International Core Equity ETF (CGIC) has a higher volatility of 5.82% compared to Avantis International Small Cap Value ETF (AVDV) at 4.92%. This indicates that CGIC's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIC	AVDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	4.92%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	12.82%	13.07%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	15.01%	15.56%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.14%	17.30%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.14%	19.73%	-3.59%

CGIC vs. AVDV - Expense Ratio Comparison

CGIC has a 0.54% expense ratio, which is higher than AVDV's 0.36% expense ratio.

Dividends

CGIC vs. AVDV - Dividend Comparison

CGIC's dividend yield for the trailing twelve months is around 1.32%, less than AVDV's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDV Avantis International Small Cap Value ETF	2.74%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%
CGIC Capital Group International Core Equity ETF	1.32%	1.60%	0.68%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGIC and AVDV in my portfolio?

CGIC and AVDV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIC or AVDV?

CGIC has higher volatility (5.82%) compared to AVDV (4.92%). In terms of maximum drawdown, CGIC dropped -13.10% vs AVDV's -43.01%.

Which ETF is better, CGIC or AVDV?

On 1-year performance, AVDV leads with 44.23% vs 30.79% for CGIC. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGIC or AVDV?

Over the 1-year period, AVDV has performed better with a 44.23% return vs 30.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGIC or AVDV?

AVDV is cheaper with a 0.36% expense ratio, compared with 0.54% for CGIC.

Which ETF pays a higher dividend yield, CGIC or AVDV?

AVDV has the higher dividend yield at 2.74%, compared with 1.32% for CGIC.

What is the main difference between CGIC and AVDV?

CGIC is categorized as Foreign Large Cap Equities, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: Capital Group and Avantis. Their fees differ too: 0.54% for CGIC and 0.36% for AVDV.

Which has better risk-adjusted returns?

AVDV currently has the higher Sharpe Ratio (2.86 vs 2.06), 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.