ECON vs. AVEE
ECON (Columbia Emerging Markets Consumer ETF) and AVEE (Avantis Emerging Markets Small Cap Equity ETF) are both exchange-traded funds - ECON is a Emerging Markets Equities fund tracking the Dow Jones Emerging Markets Consumer Titans Index, while AVEE is a Emerging Markets Diversified fund actively managed by Avantis. ECON is passively managed, while AVEE is actively managed. Over the past year, ECON returned 58.08% vs 21.47% for AVEE. Their correlation of 0.85 suggests significant overlap in exposure. ECON charges 0.49%/yr vs 0.42%/yr for AVEE.
Performance
ECON vs. AVEE - Performance Comparison
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Returns By Period
In the year-to-date period, ECON achieves a 31.82% return, which is significantly higher than AVEE's 11.09% return.
ECON
- 1D
- -5.13%
- 1M
- 5.11%
- YTD
- 31.82%
- 6M
- 32.29%
- 1Y
- 58.08%
- 3Y*
- 22.38%
- 5Y*
- 6.68%
- 10Y*
- 6.38%
AVEE
- 1D
- -3.91%
- 1M
- -1.72%
- YTD
- 11.09%
- 6M
- 10.95%
- 1Y
- 21.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECON vs. AVEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ECON Columbia Emerging Markets Consumer ETF | 31.82% | 34.15% | 0.22% | 4.49% |
AVEE Avantis Emerging Markets Small Cap Equity ETF | 11.09% | 19.80% | 2.91% | 6.15% |
Correlation
The correlation between ECON and AVEE is 0.85, 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 | 0.85 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023 | 0.85 |
The correlation between ECON and AVEE has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.
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Return for Risk
ECON vs. AVEE — Risk / Return Rank
ECON
AVEE
ECON vs. AVEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and Avantis Emerging Markets Small Cap Equity ETF (AVEE). 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.
| ECON | AVEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.23 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.24 | 2.03 | +2.22 |
| Martin ratioReturn relative to average drawdown | 15.17 | 6.29 | +8.89 |
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Drawdowns
ECON vs. AVEE - Drawdown Comparison
The maximum ECON drawdown since its inception was -45.37%, which is greater than AVEE's maximum drawdown of -20.21%. Use the drawdown chart below to compare losses from any high point for ECON and AVEE.
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Drawdown Indicators
| ECON | AVEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.37% | -20.21% | -25.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.76% | -10.65% | -3.11% |
Max Drawdown (3Y)Largest decline over 3 years | -16.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.08% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.37% | — | — |
Current DrawdownCurrent decline from peak | -5.13% | -4.90% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -16.60% | -3.67% | -12.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 3.42% | +0.42% |
Volatility
ECON vs. AVEE - Volatility Comparison
Columbia Emerging Markets Consumer ETF (ECON) has a higher volatility of 13.47% compared to Avantis Emerging Markets Small Cap Equity ETF (AVEE) at 9.24%. This indicates that ECON's price experiences larger fluctuations and is considered to be riskier than AVEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECON | AVEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.47% | 9.24% | +4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 21.31% | 16.10% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.50% | 18.30% | +5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.95% | 17.21% | +3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.23% | 17.21% | +4.02% |
ECON vs. AVEE - Expense Ratio Comparison
ECON has a 0.49% expense ratio, which is higher than AVEE's 0.42% expense ratio.
Dividends
ECON vs. AVEE - Dividend Comparison
ECON's dividend yield for the trailing twelve months is around 1.34%, less than AVEE's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEE Avantis Emerging Markets Small Cap Equity ETF | 2.77% | 2.25% | 3.26% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ECON Columbia Emerging Markets Consumer ETF | 1.34% | 1.77% | 0.76% | 1.57% | 2.06% | 1.08% | 0.63% | 1.68% | 0.98% | 0.35% | 0.74% | 1.10% |
Frequently Asked Questions
ECON and AVEE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ECON has higher volatility (13.47%) compared to AVEE (9.24%). In terms of maximum drawdown, ECON dropped -45.37% vs AVEE's -20.21%.
On 1-year performance, ECON leads with 58.08% vs 21.47% for AVEE. On fees, AVEE is cheaper at 0.42% per year. On volatility, AVEE has been the lower-risk option at 9.24%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ECON has performed better with a 58.08% return vs 21.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVEE is cheaper with a 0.42% expense ratio, compared with 0.49% for ECON.
AVEE has the higher dividend yield at 2.77%, compared with 1.34% for ECON.
ECON is categorized as Emerging Markets Equities, while AVEE is Emerging Markets Diversified. They also come from different issuers: Ameriprise Financial and Avantis. Their fees differ too: 0.49% for ECON and 0.42% for AVEE.
ECON currently has the higher Sharpe Ratio (2.48 vs 1.18), 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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