EEMD vs. AVES

Last updated Apr 1, 2026

Compare and contrast key facts about AAM S&P Emerging Markets High Dividend Value ETF (EEMD) and Avantis Emerging Markets Value ETF (AVES).

EEMD and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEMD is a passively managed fund by Advisors Asset Management that tracks the performance of the S&P Emerging Markets Dividend and Free Cash Flow Yield. It was launched on Nov 28, 2017. AVES is an actively managed fund by American Century. It was launched on Sep 28, 2021.

Performance

EEMD vs. AVES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM S&P Emerging Markets High Dividend Value ETF (EEMD) and Avantis Emerging Markets Value ETF (AVES). The values are adjusted to include any dividend payments, if applicable.

EEMD vs. AVES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EEMD AAM S&P Emerging Markets High Dividend Value ETF	0.00%	0.00%	9.61%	17.60%	-11.21%	-2.77%
AVES Avantis Emerging Markets Value ETF	2.97%	30.49%	4.50%	16.79%	-16.04%	1.32%

Returns By Period

EEMD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVES

• 1D: 3.01%
• 1M: -9.24%
• YTD: 2.97%
• 6M: 6.68%
• 1Y: 31.64%
• 3Y*: 16.33%
• 5Y*: —
• 10Y*: —

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

EEMD vs. AVES - Expense Ratio Comparison

EEMD has a 0.50% expense ratio, which is higher than AVES's 0.36% expense ratio.

EEMD

AAM S&P Emerging Markets High Dividend Value ETF

AVES

Avantis Emerging Markets Value ETF

Return for Risk

EEMD vs. AVES — Risk / Return Rank

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

AVES

AVES Risk / Return Rank: 86
AVES Sharpe Ratio Rank: 87
AVES Sortino Ratio Rank: 87
AVES Omega Ratio Rank: 88
AVES Calmar Ratio Rank: 85
AVES Martin Ratio Rank: 85

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.

EEMD vs. AVES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM S&P Emerging Markets High Dividend Value ETF (EEMD) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EEMD	AVES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Correlation

The correlation between EEMD and AVES is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EEMD vs. AVES - Dividend Comparison

EEMD has not paid dividends to shareholders, while AVES's dividend yield for the trailing twelve months is around 3.19%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EEMD AAM S&P Emerging Markets High Dividend Value ETF	0.00%	0.00%	4.03%	8.41%	7.66%	6.34%	3.84%	5.35%	4.91%	0.42%
AVES Avantis Emerging Markets Value ETF	3.19%	3.17%	4.09%	3.96%	3.70%	0.62%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	EEMD	AVES	Difference
Max Drawdown Largest peak-to-trough decline	—	-27.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.90%	—
Current Drawdown Current decline from peak	—	-10.28%	—
Average Drawdown Average peak-to-trough decline	—	-7.91%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.33%	—

Volatility

Volatility by Period

	EEMD	AVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.09%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.73%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.73%	—