DAADX vs. AVXC

Last updated Aug 1, 2026

DAADX (DFA Emerging Markets ex China Core Equity Portfolio) and AVXC (Avantis Emerging Markets ex-China Equity ETF) are both Emerging Markets Equities funds. Over the past year, DAADX returned 38.86% vs 41.12% for AVXC. Their correlation of 0.90 means they have usually moved in the same direction. DAADX charges 0.43%/yr vs 0.33%/yr for AVXC.

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.

Returns By Period

The year-to-date returns for both investments are quite close, with DAADX having a 21.16% return and AVXC slightly higher at 21.87%.

DAADX

• 1D: 3.54%
• 1M: -7.16%
• 6M: 11.53%
• YTD: 21.16%
• 1Y: 38.86%
• 3Y*: 19.13%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.64%

AVXC

• 1D: -0.32%
• 1M: -5.16%
• 6M: 12.10%
• YTD: 21.87%
• 1Y: 41.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.45%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVXC Avantis Emerging Markets ex-China Equity ETF	$2.17M	$2.40M	$3.36M
DAADX DFA Emerging Markets ex China Core Equity Portfolio	$0.00	$0.00	$0.00

DAADX vs. AVXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DAADX DFA Emerging Markets ex China Core Equity Portfolio	21.16%	27.59%	0.98%
AVXC Avantis Emerging Markets ex-China Equity ETF	21.87%	31.45%	-1.26%

Correlation

The correlation between DAADX and AVXC is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024	0.90

The correlation between DAADX and AVXC has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

Return for Risk

DAADX vs. AVXC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DAADX

DAADX Risk / Return Rank: 66
DAADX Sharpe Ratio Rank: 69
DAADX Sortino Ratio Rank: 59
DAADX Omega Ratio Rank: 73
DAADX Calmar Ratio Rank: 66
DAADX Martin Ratio Rank: 64

AVXC

AVXC Risk / Return Rank: 71
AVXC Sharpe Ratio Rank: 72
AVXC Sortino Ratio Rank: 67
AVXC Omega Ratio Rank: 75
AVXC Calmar Ratio Rank: 71
AVXC Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

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.

	DAADX	AVXC	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.63	-0.02
Sortino ratio: Return per unit of downside risk	2.08	2.19	-0.11
Omega ratio: Gain probability vs. loss probability	1.31	1.31	+0.01
Calmar ratio: Return relative to maximum drawdown	2.16	2.48	-0.32
Martin ratio: Return relative to average drawdown	8.03	8.57	-0.55

DAADX vs. AVXC - Sharpe Ratio Comparison

The current DAADX Sharpe Ratio is 1.61, which is comparable to the AVXC Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of DAADX and AVXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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	-16.99%	-16.43%	-0.56%
Max Drawdown (3Y) Largest decline over 3 years	-18.78%	—	—
Current Drawdown Current decline from peak	-14.05%	-12.59%	-1.46%
Average Drawdown Average peak-to-trough decline	-6.75%	-4.02%	-2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	4.75%	-0.19%

Volatility

DAADX vs. AVXC - Volatility Comparison

DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Avantis Emerging Markets ex-China Equity ETF (AVXC) have volatilities of 9.84% and 9.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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	9.84%	9.85%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	21.67%	23.43%	-1.76%
Volatility (1Y) Calculated over the trailing 1-year period	22.87%	25.10%	-2.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	20.62%	-4.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	20.62%	-4.65%

DAADX vs. AVXC - Expense Ratio Comparison

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

Dividends

DAADX vs. AVXC - Dividend Comparison

DAADX's dividend yield for the trailing twelve months is around 2.07%, more than AVXC's 1.73% yield.

Position	TTM	2025	2024	2023	2022	2021
AVXC Avantis Emerging Markets ex-China Equity ETF	1.73%	1.97%	1.34%	0.00%	0.00%	0.00%
DAADX DFA Emerging Markets ex China Core Equity Portfolio	2.07%	2.28%	2.64%	2.82%	3.02%	0.30%

Frequently Asked Questions

Can I hold both DAADX and AVXC in my portfolio?

DAADX and AVXC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DAADX or AVXC?

AVXC has higher volatility (9.85%) compared to DAADX (9.84%). In terms of maximum drawdown, DAADX dropped -24.98% vs AVXC's -20.44%.

Which has better risk-adjusted returns?

AVXC currently has the higher Sharpe Ratio (1.63 vs 1.61), 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.