DAADX vs. AVXC

Last updated Apr 1, 2026

Compare and contrast key facts about DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Avantis Emerging Markets ex-China Equity ETF (AVXC).

DAADX is managed by Dimensional. It was launched on Nov 14, 2021. AVXC is a passively managed fund by Avantis Investors that tracks the performance of the MSCI Emerging Markets IMI. It was launched on Mar 19, 2024.

Performance

DAADX vs. AVXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Avantis Emerging Markets ex-China Equity ETF (AVXC). The values are adjusted to include any dividend payments, if applicable.

DAADX vs. AVXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DAADX DFA Emerging Markets ex China Core Equity Portfolio	3.12%	27.59%	-0.01%
AVXC Avantis Emerging Markets ex-China Equity ETF	6.08%	31.45%	-0.80%

Returns By Period

In the year-to-date period, DAADX achieves a 3.12% return, which is significantly lower than AVXC's 6.08% return.

DAADX

• 1D: -1.26%
• 1M: -12.78%
• YTD: 3.12%
• 6M: 10.78%
• 1Y: 34.55%
• 3Y*: 17.39%
• 5Y*: —
• 10Y*: —

AVXC

• 1D: 3.79%
• 1M: -10.21%
• YTD: 6.08%
• 6M: 14.48%
• 1Y: 42.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DAADX vs. AVXC - Expense Ratio Comparison

DAADX has a 0.43% expense ratio, which is higher than AVXC's 0.33% expense ratio.

DAADX

DFA Emerging Markets ex China Core Equity Portfolio

AVXC

Avantis Emerging Markets ex-China Equity ETF

Return for Risk

DAADX vs. AVXC — Risk / Return Rank

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

DAADX

DAADX Risk / Return Rank: 90
DAADX Sharpe Ratio Rank: 94
DAADX Sortino Ratio Rank: 92
DAADX Omega Ratio Rank: 90
DAADX Calmar Ratio Rank: 88
DAADX Martin Ratio Rank: 88

AVXC

AVXC Risk / Return Rank: 92
AVXC Sharpe Ratio Rank: 93
AVXC Sortino Ratio Rank: 93
AVXC Omega Ratio Rank: 92
AVXC Calmar Ratio Rank: 89
AVXC Martin Ratio Rank: 91

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.

DAADX vs. AVXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Avantis Emerging Markets ex-China Equity ETF (AVXC). 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.

	DAADX	AVXC	Difference
Sharpe ratio Return per unit of total volatility	2.15	2.18	-0.03
Sortino ratio Return per unit of downside risk	2.71	2.82	-0.11
Omega ratio Gain probability vs. loss probability	1.41	1.41	0.00
Calmar ratio Return relative to maximum drawdown	2.34	2.94	-0.60
Martin ratio Return relative to average drawdown	9.52	12.26	-2.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAADX vs. AVXC - Sharpe Ratio Comparison

The current DAADX Sharpe Ratio is 2.15, which is comparable to the AVXC Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of DAADX and AVXC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DAADX	AVXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	2.18	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	1.01	-0.40

Correlation

The correlation between DAADX and AVXC is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DAADX vs. AVXC - Dividend Comparison

DAADX's dividend yield for the trailing twelve months is around 2.43%, more than AVXC's 1.89% yield.

	TTM	2025	2024	2023	2022	2021
DAADX DFA Emerging Markets ex China Core Equity Portfolio	2.43%	2.28%	2.64%	2.82%	3.02%	0.30%
AVXC Avantis Emerging Markets ex-China Equity ETF	1.89%	1.97%	1.34%	0.00%	0.00%	0.00%

Drawdowns

DAADX vs. AVXC - Drawdown Comparison

The maximum DAADX drawdown since its inception was -24.98%, which is greater than AVXC's maximum drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for DAADX and AVXC.

Drawdown Indicators

	DAADX	AVXC	Difference
Max Drawdown Largest peak-to-trough decline	-24.98%	-20.44%	-4.54%
Max Drawdown (1Y) Largest decline over 1 year	-13.14%	-14.04%	+0.90%
Current Drawdown Current decline from peak	-13.14%	-10.78%	-2.36%
Average Drawdown Average peak-to-trough decline	-6.94%	-3.92%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	3.36%	-0.13%

Volatility

DAADX vs. AVXC - Volatility Comparison

The current volatility for DFA Emerging Markets ex China Core Equity Portfolio (DAADX) is 8.67%, while Avantis Emerging Markets ex-China Equity ETF (AVXC) has a volatility of 10.67%. This indicates that DAADX experiences smaller price fluctuations and is considered to be less risky than AVXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAADX	AVXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.67%	10.67%	-2.00%
Volatility (6M) Calculated over the trailing 6-month period	12.25%	14.72%	-2.47%
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	19.40%	-3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.88%	17.27%	-3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.88%	17.27%	-3.39%