DGS vs. AVES
Compare and contrast key facts about WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) and Avantis Emerging Markets Value ETF (AVES).
DGS and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. It was launched on Oct 30, 2007. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGS or AVES.
Key characteristics
| DGS | AVES | |
|---|---|---|
| YTD Return | 1.98% | 6.27% |
| 1Y Return | 9.19% | 12.63% |
| 3Y Return (Ann) | 2.24% | 1.53% |
| Sharpe Ratio | 0.92 | 0.99 |
| Sortino Ratio | 1.35 | 1.44 |
| Omega Ratio | 1.17 | 1.18 |
| Calmar Ratio | 1.35 | 1.54 |
| Martin Ratio | 4.56 | 5.55 |
| Ulcer Index | 2.68% | 2.80% |
| Daily Std Dev | 13.27% | 15.63% |
| Max Drawdown | -61.83% | -27.40% |
| Current Drawdown | -8.29% | -8.87% |
Correlation
The correlation between DGS and AVES is 0.93, 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.
Performance
DGS vs. AVES - Performance Comparison
In the year-to-date period, DGS achieves a 1.98% return, which is significantly lower than AVES's 6.27% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DGS vs. AVES - Expense Ratio Comparison
DGS has a 0.63% expense ratio, which is higher than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
DGS vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) and Avantis Emerging Markets Value ETF (AVES). 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.
Dividends
DGS vs. AVES - Dividend Comparison
DGS's dividend yield for the trailing twelve months is around 3.61%, less than AVES's 3.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGS WisdomTree Emerging Markets SmallCap Divdend Fund | 3.61% | 4.55% | 5.34% | 3.98% | 3.69% | 3.95% | 4.24% | 2.81% | 3.42% | 3.28% | 3.20% | 3.45% |
AVES Avantis Emerging Markets Value ETF | 3.73% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DGS vs. AVES - Drawdown Comparison
The maximum DGS drawdown since its inception was -61.83%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for DGS and AVES. For additional features, visit the drawdowns tool.
Volatility
DGS vs. AVES - Volatility Comparison
The current volatility for WisdomTree Emerging Markets SmallCap Divdend Fund (DGS) is 3.74%, while Avantis Emerging Markets Value ETF (AVES) has a volatility of 5.31%. This indicates that DGS experiences smaller price fluctuations and is considered to be less risky than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.