PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DES vs. AVIV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DES vs. AVIV

Last updated Jun 13, 2026

DES (WisdomTree U.S. SmallCap Dividend Fund) and AVIV (Avantis International Large Cap Value ETF) are both exchange-traded funds - DES is a Small Cap Blend Equities fund tracking the WisdomTree SmallCap Dividend (TR), while AVIV is a Foreign Large Cap Equities fund tracking the MSCI World ex-U.S. Value Index. Both are passively managed. Over the past 3 years, DES returned 14.46%/yr vs 21.41%/yr for AVIV. A 0.68 correlation means they provide meaningful diversification when combined. DES charges 0.38%/yr vs 0.25%/yr for AVIV.

Performance

DES vs. AVIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. SmallCap Dividend Fund (DES) and Avantis International Large Cap Value ETF (AVIV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, DES achieves a 20.48% return, which is significantly higher than AVIV's 12.06% return.

DES

1D
0.98%
1M
5.05%
YTD
20.48%
6M
17.29%
1Y
31.80%
3Y*
14.46%
5Y*
6.81%
10Y*
8.59%

AVIV

1D
0.59%
1M
0.54%
YTD
12.06%
6M
13.52%
1Y
32.22%
3Y*
21.41%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

DES vs. AVIV - Yearly Performance Comparison

2026 (YTD)20252024202320222021
DES
WisdomTree U.S. SmallCap Dividend Fund		20.48%0.25%9.93%16.50%-10.96%5.80%
AVIV
Avantis International Large Cap Value ETF		12.06%41.80%4.30%18.47%-8.26%1.83%

Correlation

The correlation between DES and AVIV is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.62

Correlation (3Y)
Calculated over the trailing 3-year period

0.65

Correlation (All Time)
Calculated using the full available price history since Sep 30, 2021

0.68

The correlation between DES and AVIV has been stable across timeframes, ranging from 0.62 to 0.68 - a consistent structural relationship.

DES vs. AVIV - Sectors Allocation Comparison

Sectors
DES
AVIV

Financial Services

23.7%
27.5%

Consumer Cyclical

14.8%
10.2%

Industrials

13.3%
17.3%

Energy

10.7%
14.2%

Real Estate

9.6%
1.0%

Basic Materials

6.0%
12.4%

Technology

5.5%
3.5%

Utilities

4.6%
1.1%

Consumer Defensive

4.3%
3.4%

Communication Services

2.8%
4.6%

Healthcare

1.7%
4.8%

Financial Services

DES
23.7%
AVIV
27.5%

Consumer Cyclical

DES
14.8%
AVIV
10.2%

Industrials

DES
13.3%
AVIV
17.3%

Energy

DES
10.7%
AVIV
14.2%

Real Estate

DES
9.6%
AVIV
1.0%

Basic Materials

DES
6.0%
AVIV
12.4%

Technology

DES
5.5%
AVIV
3.5%

Utilities

DES
4.6%
AVIV
1.1%

Consumer Defensive

DES
4.3%
AVIV
3.4%

Communication Services

DES
2.8%
AVIV
4.6%

Healthcare

DES
1.7%
AVIV
4.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree U.S. SmallCap Dividend Fund

Avantis International Large Cap Value ETF

Often compared with DES:
DES vs. FDVVDES vs. AVUVDES vs. EESDES vs. IWNDES vs. SCHDDES vs. VBRDES vs. VXUS
Often compared with AVIV:
AVIV vs. DFIVAVIV vs. AVDVAVIV vs. SPYAVIV vs. FNDFAVIV vs. VXUSAVIV vs. AVLVAVIV vs. FSPSX

Return for Risk

DES vs. AVIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DES
DES Risk / Return Rank: 6868
Overall Rank
DES Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
DES Sortino Ratio Rank: 6767
Sortino Ratio Rank
DES Omega Ratio Rank: 6060
Omega Ratio Rank
DES Calmar Ratio Rank: 8383
Calmar Ratio Rank
DES Martin Ratio Rank: 6969
Martin Ratio Rank
AVIV
AVIV Risk / Return Rank: 7474
Overall Rank
AVIV Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
AVIV Sortino Ratio Rank: 7777
Sortino Ratio Rank
AVIV Omega Ratio Rank: 7777
Omega Ratio Rank
AVIV Calmar Ratio Rank: 6666
Calmar Ratio Rank
AVIV Martin Ratio Rank: 7171
Martin Ratio Rank
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.

DES vs. AVIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Dividend Fund (DES) and Avantis International Large Cap Value ETF (AVIV). 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.

DESAVIVDifference
Sharpe ratioReturn per unit of total volatility
1.79
2.15

-0.35

Sortino ratioReturn per unit of downside risk
2.66
2.96

-0.30

Omega ratioGain probability vs. loss probability

1.32

1.39

-0.07

Calmar ratioReturn relative to maximum drawdown

3.87

2.91

+0.96

Martin ratioReturn relative to average drawdown

11.13

11.35

-0.23

DES vs. AVIV - Sharpe Ratio Comparison

The current DES Sharpe Ratio is 1.79, which is comparable to the AVIV Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of DES and AVIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

DES vs. AVIV - Drawdown Comparison

The maximum DES drawdown since its inception was -65.48%, which is greater than AVIV's maximum drawdown of -27.69%. Use the drawdown chart below to compare losses from any high point for DES and AVIV.

Loading charts...

Drawdown Indicators

DESAVIVDifference

Max Drawdown

Largest peak-to-trough decline

-65.48%

-27.69%

-37.79%

Max Drawdown (1Y)

Largest decline over 1 year

-7.64%

-10.78%

+3.14%

Max Drawdown (3Y)

Largest decline over 3 years

-25.16%

-14.13%

-11.03%

Max Drawdown (5Y)

Largest decline over 5 years

-25.16%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-45.65%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.89%

+0.89%

Average Drawdown

Average peak-to-trough decline

-9.67%

-5.10%

-4.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.66%

2.76%

-0.10%

Volatility

DES vs. AVIV - Volatility Comparison

The current volatility for WisdomTree U.S. SmallCap Dividend Fund (DES) is 4.28%, while Avantis International Large Cap Value ETF (AVIV) has a volatility of 5.13%. This indicates that DES experiences smaller price fluctuations and is considered to be less risky than AVIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

DESAVIVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.28%

5.13%

-0.85%

Volatility (6M)

Calculated over the trailing 6-month period

10.97%

12.33%

-1.36%

Volatility (1Y)

Calculated over the trailing 1-year period

16.48%

14.61%

+1.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.58%

16.93%

+2.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.97%

16.93%

+5.04%

DES vs. AVIV - Expense Ratio Comparison

DES has a 0.38% expense ratio, which is higher than AVIV's 0.25% expense ratio.

Dividends

DES vs. AVIV - Dividend Comparison

DES's dividend yield for the trailing twelve months is around 2.29%, less than AVIV's 3.95% yield.

PositionTTM20252024202320222021202020192018201720162015
AVIV
Avantis International Large Cap Value ETF		3.95%3.01%3.46%3.64%2.84%0.57%0.00%0.00%0.00%0.00%0.00%0.00%
DES
WisdomTree U.S. SmallCap Dividend Fund		2.29%2.85%2.81%2.65%2.89%2.31%2.75%2.68%3.65%2.89%2.70%3.09%

Frequently Asked Questions

DES and AVIV have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AVIV has higher volatility (5.13%) compared to DES (4.28%). In terms of maximum drawdown, DES dropped -65.48% vs AVIV's -27.69%.

On 3-year performance, AVIV leads with 21.41% vs 14.46% for DES. On fees, AVIV is cheaper at 0.25% per year. On volatility, DES has been the lower-risk option at 4.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, AVIV has performed better with a 21.41% return vs 14.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AVIV is cheaper with a 0.25% expense ratio, compared with 0.38% for DES.

AVIV has the higher dividend yield at 3.95%, compared with 2.29% for DES.

DES is categorized as Small Cap Blend Equities, while AVIV is Foreign Large Cap Equities. DES tracks WisdomTree SmallCap Dividend (TR), while AVIV tracks MSCI World ex-U.S. Value Index. They also come from different issuers: WisdomTree and Avantis. Their fees differ too: 0.38% for DES and 0.25% for AVIV.

AVIV currently has the higher Sharpe Ratio (2.15 vs 1.79), 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.

Portfolio Optimizer

Find the right allocation for DES and AVIV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer