CNAV vs. AVIE

Last updated Jun 6, 2026

CNAV (Mohr Company Nav ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, CNAV returned 56.50% vs 25.64% for AVIE. At a 0.29 correlation, their price movements are largely independent. CNAV charges 1.31%/yr vs 0.25%/yr for AVIE.

Performance

CNAV vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Company Nav ETF (CNAV) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNAV achieves a 34.15% return, which is significantly higher than AVIE's 13.51% return.

CNAV

• 1D: -7.71%
• 1M: 3.16%
• YTD: 34.15%
• 6M: 33.13%
• 1Y: 56.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVIE

• 1D: -0.28%
• 1M: 1.20%
• YTD: 13.51%
• 6M: 14.59%
• 1Y: 25.64%
• 3Y*: 13.34%
• 5Y*: —
• 10Y*: —

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

CNAV vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CNAV Mohr Company Nav ETF	34.15%	16.80%	6.34%
AVIE Avantis Inflation Focused Equity ETF	13.51%	11.37%	-6.49%

Correlation

The correlation between CNAV and AVIE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.29

The correlation between CNAV and AVIE shifts across timeframes, from 0.17 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CNAV vs. AVIE — Risk / Return Rank

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

CNAV

CNAV Risk / Return Rank: 75
CNAV Sharpe Ratio Rank: 71
CNAV Sortino Ratio Rank: 63
CNAV Omega Ratio Rank: 67
CNAV Calmar Ratio Rank: 85
CNAV Martin Ratio Rank: 88

AVIE

AVIE Risk / Return Rank: 85
AVIE Sharpe Ratio Rank: 84
AVIE Sortino Ratio Rank: 87
AVIE Omega Ratio Rank: 81
AVIE Calmar Ratio Rank: 89
AVIE Martin Ratio Rank: 83

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.

CNAV vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Company Nav ETF (CNAV) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	CNAV	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.61	-0.45
Sortino ratio: Return per unit of downside risk	2.72	3.75	-1.03
Omega ratio: Gain probability vs. loss probability	1.38	1.46	-0.09
Calmar ratio: Return relative to maximum drawdown	4.38	5.18	-0.81
Martin ratio: Return relative to average drawdown	18.41	15.91	+2.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNAV vs. AVIE - Sharpe Ratio Comparison

The current CNAV Sharpe Ratio is 2.16, which is comparable to the AVIE Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of CNAV and AVIE, 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

	CNAV	AVIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	2.61	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	1.06	+0.23

Drawdowns

CNAV vs. AVIE - Drawdown Comparison

The maximum CNAV drawdown since its inception was -30.06%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for CNAV and AVIE.

Drawdown Indicators

	CNAV	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-30.06%	-12.39%	-17.67%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	-4.97%	-8.00%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.39%	—
Current Drawdown Current decline from peak	-8.90%	-0.74%	-8.16%
Average Drawdown Average peak-to-trough decline	-5.42%	-3.03%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	1.62%	+1.46%

Volatility

CNAV vs. AVIE - Volatility Comparison

Mohr Company Nav ETF (CNAV) has a higher volatility of 14.56% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.07%. This indicates that CNAV's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNAV	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.56%	3.07%	+11.49%
Volatility (6M) Calculated over the trailing 6-month period	22.65%	7.18%	+15.47%
Volatility (1Y) Calculated over the trailing 1-year period	26.34%	9.89%	+16.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.80%	12.94%	+14.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.80%	12.94%	+14.86%

CNAV vs. AVIE - Expense Ratio Comparison

CNAV has a 1.31% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

CNAV vs. AVIE - Dividend Comparison

CNAV has not paid dividends to shareholders, while AVIE's dividend yield for the trailing twelve months is around 1.44%.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.44%	1.75%	1.89%	3.72%	0.39%
CNAV Mohr Company Nav ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CNAV and AVIE in my portfolio?

CNAV and AVIE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CNAV or AVIE?

CNAV has higher volatility (14.56%) compared to AVIE (3.07%). In terms of maximum drawdown, CNAV dropped -30.06% vs AVIE's -12.39%.

Which ETF is better, CNAV or AVIE?

On 1-year performance, CNAV leads with 56.50% vs 25.64% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CNAV or AVIE?

Over the 1-year period, CNAV has performed better with a 56.50% return vs 25.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CNAV or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 1.31% for CNAV.

Which ETF pays a higher dividend yield, CNAV or AVIE?

AVIE has the higher dividend yield at 1.44%, compared with 0.00% for CNAV.

What is the main difference between CNAV and AVIE?

They also come from different issuers: Mohr and Avantis. Their fees differ too: 1.31% for CNAV and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.61 vs 2.16), 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.