DIEM vs. AVES
Compare and contrast key facts about Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) and Avantis Emerging Markets Value ETF (AVES).
DIEM and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIEM is a passively managed fund by Franklin that tracks the performance of the Morningstar Emerging Markets Dividend Enhanced Select Index. It was launched on Jun 1, 2016. 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: DIEM or AVES.
Correlation
The correlation between DIEM and AVES is 0.94, 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
DIEM vs. AVES - Performance Comparison
Key characteristics
DIEM:
1.11
AVES:
0.51
DIEM:
1.61
AVES:
0.78
DIEM:
1.21
AVES:
1.10
DIEM:
1.46
AVES:
0.56
DIEM:
3.63
AVES:
1.39
DIEM:
4.58%
AVES:
5.38%
DIEM:
15.04%
AVES:
14.80%
DIEM:
-38.61%
AVES:
-27.40%
DIEM:
-4.75%
AVES:
-8.14%
Returns By Period
In the year-to-date period, DIEM achieves a 4.10% return, which is significantly higher than AVES's 2.51% return.
DIEM
4.10%
3.95%
3.88%
15.53%
4.14%
N/A
AVES
2.51%
3.29%
-1.40%
5.88%
N/A
N/A
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DIEM vs. AVES - Expense Ratio Comparison
DIEM has a 0.19% expense ratio, which is lower than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
DIEM vs. AVES — Risk-Adjusted Performance Rank
DIEM
AVES
DIEM vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) 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
DIEM vs. AVES - Dividend Comparison
DIEM's dividend yield for the trailing twelve months is around 4.72%, more than AVES's 3.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 4.72% | 4.92% | 4.45% | 6.31% | 4.06% | 2.74% | 5.98% | 3.87% | 2.61% | 0.35% |
AVES Avantis Emerging Markets Value ETF | 3.99% | 4.09% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DIEM vs. AVES - Drawdown Comparison
The maximum DIEM drawdown since its inception was -38.61%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for DIEM and AVES. For additional features, visit the drawdowns tool.
Volatility
DIEM vs. AVES - Volatility Comparison
Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) has a higher volatility of 3.49% compared to Avantis Emerging Markets Value ETF (AVES) at 3.05%. This indicates that DIEM's price experiences larger fluctuations and is considered to be riskier than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.