DXIV vs. AVDS

Last updated Jul 14, 2026

DXIV (Dimensional International Vector Equity ETF) and AVDS (Avantis International Small Cap Equity ETF) are both Foreign Small & Mid Cap Equities funds. Both are actively managed. Over the past year, DXIV returned 23.46% vs 22.38% for AVDS. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.30% expense ratio.

Performance

DXIV vs. AVDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Vector Equity ETF (DXIV) and Avantis International Small Cap Equity ETF (AVDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DXIV having a 9.11% return and AVDS slightly lower at 8.71%.

DXIV

• 1D: -1.43%
• 1M: -1.82%
• 6M: 5.85%
• YTD: 9.11%
• 1Y: 23.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVDS

• 1D: -1.09%
• 1M: -2.44%
• 6M: 4.11%
• YTD: 8.71%
• 1Y: 22.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DXIV vs. AVDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DXIV Dimensional International Vector Equity ETF	9.11%	39.12%	-3.78%
AVDS Avantis International Small Cap Equity ETF	8.71%	38.18%	-2.10%

Correlation

The correlation between DXIV and AVDS is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Sep 12, 2024	0.93

The correlation between DXIV and AVDS has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

DXIV vs. AVDS - Sectors Allocation Comparison

Sectors	DXIV	AVDS
Industrials	19.1%	22.4%
Financial Services	17.4%	12.5%
Basic Materials	13.1%	16.1%
Consumer Cyclical	11.6%	13.4%
Energy	8.8%	5.6%
Technology	8.1%	10.1%
Healthcare	6.4%	4.7%
Consumer Defensive	6.1%	5.5%
Communication Services	5.5%	3.1%
Utilities	2.4%	3.1%
Real Estate	1.4%	3.4%

Return for Risk

DXIV vs. AVDS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXIV

DXIV Risk / Return Rank: 61
DXIV Sharpe Ratio Rank: 64
DXIV Sortino Ratio Rank: 63
DXIV Omega Ratio Rank: 62
DXIV Calmar Ratio Rank: 55
DXIV Martin Ratio Rank: 60

AVDS

AVDS Risk / Return Rank: 50
AVDS Sharpe Ratio Rank: 53
AVDS Sortino Ratio Rank: 51
AVDS Omega Ratio Rank: 51
AVDS Calmar Ratio Rank: 44
AVDS Martin Ratio Rank: 49

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.

DXIV vs. AVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Vector Equity ETF (DXIV) and Avantis International Small Cap Equity ETF (AVDS). 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.

	DXIV	AVDS	Difference
Sharpe ratio: Return per unit of total volatility	1.67	1.43	+0.24
Sortino ratio: Return per unit of downside risk	2.33	2.02	+0.30
Omega ratio: Gain probability vs. loss probability	1.30	1.26	+0.04
Calmar ratio: Return relative to maximum drawdown	2.17	1.81	+0.37
Martin ratio: Return relative to average drawdown	8.34	6.61	+1.73

DXIV vs. AVDS - Sharpe Ratio Comparison

The current DXIV Sharpe Ratio is 1.67, which is comparable to the AVDS Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of DXIV and AVDS, 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

DXIV vs. AVDS - Drawdown Comparison

The maximum DXIV drawdown since its inception was -13.71%, roughly equal to the maximum AVDS drawdown of -13.51%. Use the drawdown chart below to compare losses from any high point for DXIV and AVDS.

Drawdown Indicators

	DXIV	AVDS	Difference
Max Drawdown Largest peak-to-trough decline	-13.71%	-13.51%	-0.20%
Max Drawdown (1Y) Largest decline over 1 year	-10.84%	-12.44%	+1.60%
Current Drawdown Current decline from peak	-2.88%	-4.64%	+1.76%
Average Drawdown Average peak-to-trough decline	-2.44%	-2.85%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	3.39%	-0.57%

Volatility

DXIV vs. AVDS - Volatility Comparison

The current volatility for Dimensional International Vector Equity ETF (DXIV) is 4.67%, while Avantis International Small Cap Equity ETF (AVDS) has a volatility of 4.93%. This indicates that DXIV experiences smaller price fluctuations and is considered to be less risky than AVDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXIV	AVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.67%	4.93%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	12.05%	13.59%	-1.54%
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	15.73%	-1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	15.48%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.44%	15.48%	-0.04%

DXIV vs. AVDS - Expense Ratio Comparison

Both DXIV and AVDS have an expense ratio of 0.30%.

Dividends

DXIV vs. AVDS - Dividend Comparison

DXIV's dividend yield for the trailing twelve months is around 2.43%, more than AVDS's 2.33% yield.

Position	TTM	2025	2024	2023
AVDS Avantis International Small Cap Equity ETF	2.33%	2.37%	3.07%	0.72%
DXIV Dimensional International Vector Equity ETF	2.43%	2.50%	0.64%	0.00%

Frequently Asked Questions

Can I hold both DXIV and AVDS in my portfolio?

With a correlation of 0.92, DXIV and AVDS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DXIV or AVDS?

AVDS has higher volatility (4.93%) compared to DXIV (4.67%). In terms of maximum drawdown, DXIV dropped -13.71% vs AVDS's -13.51%.

Which ETF is better, DXIV or AVDS?

On 1-year performance, DXIV leads with 23.46% vs 22.38% for AVDS. Both ETFs have the same 0.30% expense ratio. On volatility, DXIV has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DXIV or AVDS?

Over the 1-year period, DXIV has performed better with a 23.46% return vs 22.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DXIV or AVDS?

DXIV and AVDS have the same expense ratio: 0.30% per year.

Which ETF pays a higher dividend yield, DXIV or AVDS?

DXIV has the higher dividend yield at 2.43%, compared with 2.33% for AVDS.

What is the main difference between DXIV and AVDS?

They also come from different issuers: Dimensional Fund Advisors and Avantis.

Which has better risk-adjusted returns?

DXIV currently has the higher Sharpe Ratio (1.67 vs 1.43), 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.