DGS vs. AVDV
DGS (WisdomTree Emerging Markets SmallCap Dividend Fund) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - DGS is a Emerging Markets Diversified fund tracking the WisdomTree Emerging Markets SmallCap Dividend Index, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. DGS is passively managed, while AVDV is actively managed. Over the past 5 years, DGS returned 8.53%/yr vs 14.52%/yr for AVDV. A 0.77 correlation means they provide meaningful diversification when combined. DGS charges 0.58%/yr vs 0.36%/yr for AVDV.
Performance
DGS vs. AVDV - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with DGS having a 16.30% return and AVDV slightly lower at 15.88%.
DGS
- 1D
- -0.18%
- 1M
- 2.28%
- YTD
- 16.30%
- 6M
- 17.62%
- 1Y
- 28.60%
- 3Y*
- 16.75%
- 5Y*
- 8.53%
- 10Y*
- 10.20%
AVDV
- 1D
- 0.58%
- 1M
- 0.45%
- YTD
- 15.88%
- 6M
- 16.04%
- 1Y
- 44.77%
- 3Y*
- 28.44%
- 5Y*
- 14.52%
- 10Y*
- —
DGS vs. AVDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 16.30% | 21.18% | 1.13% | 19.08% | -12.35% | 15.33% | 4.06% | 8.02% |
AVDV Avantis International Small Cap Value ETF | 15.88% | 49.37% | 8.67% | 16.85% | -11.47% | 15.80% | 5.01% | 11.78% |
Correlation
The correlation between DGS and AVDV is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.77 |
The correlation between DGS and AVDV has been stable across timeframes, ranging from 0.75 to 0.78 - a consistent structural relationship.
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Return for Risk
DGS vs. AVDV — Risk / Return Rank
DGS
AVDV
DGS vs. AVDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) 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.
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.
| DGS | AVDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.50 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 3.41 | -0.56 |
| Martin ratioReturn relative to average drawdown | 9.43 | 13.59 | -4.17 |
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Drawdowns
DGS vs. AVDV - Drawdown Comparison
The maximum DGS drawdown since its inception was -61.83%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for DGS and AVDV.
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Drawdown Indicators
| DGS | AVDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.83% | -43.01% | -18.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.06% | -13.19% | +3.13% |
Max Drawdown (3Y)Largest decline over 3 years | -19.31% | -14.17% | -5.14% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -28.08% | +3.22% |
Max Drawdown (10Y)Largest decline over 10 years | -44.08% | — | — |
Current DrawdownCurrent decline from peak | -0.38% | -1.49% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -12.56% | -6.74% | -5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 3.30% | -0.26% |
Volatility
DGS vs. AVDV - Volatility Comparison
WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) has a higher volatility of 7.20% compared to Avantis International Small Cap Value ETF (AVDV) at 5.78%. This indicates that DGS'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.
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Volatility by Period
| DGS | AVDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 5.78% | +1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 14.41% | 13.93% | +0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.63% | 16.28% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.13% | 17.38% | -2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.39% | 19.75% | -2.36% |
DGS vs. AVDV - Expense Ratio Comparison
DGS has a 0.58% expense ratio, which is higher than AVDV's 0.36% expense ratio.
Dividends
DGS vs. AVDV - Dividend Comparison
DGS's dividend yield for the trailing twelve months is around 3.16%, less than AVDV's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 4.08% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
DGS WisdomTree Emerging Markets SmallCap Dividend Fund | 3.16% | 3.45% | 3.36% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% |
Frequently Asked Questions
DGS and AVDV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DGS has higher volatility (7.20%) compared to AVDV (5.78%). In terms of maximum drawdown, DGS dropped -61.83% vs AVDV's -43.01%.
On 5-year performance, AVDV leads with 14.52% vs 8.53% for DGS. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 5.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AVDV has performed better with a 14.52% return vs 8.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVDV is cheaper with a 0.36% expense ratio, compared with 0.58% for DGS.
AVDV has the higher dividend yield at 4.08%, compared with 3.16% for DGS.
DGS is categorized as Emerging Markets Diversified, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: WisdomTree and Avantis. Their fees differ too: 0.58% for DGS and 0.36% for AVDV.
AVDV currently has the higher Sharpe Ratio (2.77 vs 1.73), 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.
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