EQL vs. AVIE

Last updated Jul 14, 2026

EQL (ALPS Equal Sector Weight ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. EQL is passively managed, while AVIE is actively managed. Over the past 3 years, EQL returned 15.11%/yr vs 13.54%/yr for AVIE. A 0.76 correlation means they provide meaningful diversification when combined. EQL charges 0.27%/yr vs 0.25%/yr for AVIE.

Performance

EQL vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Equal Sector Weight ETF (EQL) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQL achieves a 10.57% return, which is significantly lower than AVIE's 16.94% return.

EQL

• 1D: -0.02%
• 1M: 1.02%
• 6M: 7.84%
• YTD: 10.57%
• 1Y: 16.83%
• 3Y*: 15.11%
• 5Y*: 10.73%
• 10Y*: 12.31%

AVIE

• 1D: 1.05%
• 1M: 1.67%
• 6M: 14.10%
• YTD: 16.94%
• 1Y: 25.91%
• 3Y*: 13.54%
• 5Y*: —
• 10Y*: —

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

EQL vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EQL ALPS Equal Sector Weight ETF	10.57%	13.09%	16.44%	16.87%	5.99%
AVIE Avantis Inflation Focused Equity ETF	16.94%	11.37%	6.17%	4.19%	15.20%

Correlation

The correlation between EQL and AVIE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.76

The correlation between EQL and AVIE shifts across timeframes, from 0.63 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

EQL vs. AVIE - Sectors Allocation Comparison

Sectors	EQL	AVIE
Technology	12.3%	0.1%
Consumer Cyclical	10.7%	0.0%
Real Estate	9.2%	0.1%
Communication Services	8.8%	-
Healthcare	8.7%	26.3%
Consumer Defensive	8.6%	17.1%
Financial Services	8.6%	15.0%
Industrials	8.5%	1.3%
Utilities	8.4%	0.0%
Energy	8.0%	30.0%
Basic Materials	8.0%	9.8%

Return for Risk

EQL vs. AVIE — Risk / Return Rank

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

EQL

EQL Risk / Return Rank: 69
EQL Sharpe Ratio Rank: 69
EQL Sortino Ratio Rank: 69
EQL Omega Ratio Rank: 67
EQL Calmar Ratio Rank: 68
EQL Martin Ratio Rank: 72

AVIE

AVIE Risk / Return Rank: 92
AVIE Sharpe Ratio Rank: 92
AVIE Sortino Ratio Rank: 93
AVIE Omega Ratio Rank: 90
AVIE Calmar Ratio Rank: 93
AVIE Martin Ratio Rank: 90

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.

EQL vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Equal Sector Weight ETF (EQL) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	EQL	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.78	2.55	-0.78
Sortino ratio: Return per unit of downside risk	2.49	3.70	-1.21
Omega ratio: Gain probability vs. loss probability	1.32	1.45	-0.13
Calmar ratio: Return relative to maximum drawdown	2.73	5.24	-2.51
Martin ratio: Return relative to average drawdown	10.48	16.43	-5.96

EQL vs. AVIE - Sharpe Ratio Comparison

The current EQL Sharpe Ratio is 1.78, which is lower than the AVIE Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of EQL and AVIE, 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

EQL vs. AVIE - Drawdown Comparison

The maximum EQL drawdown since its inception was -35.65%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for EQL and AVIE.

Drawdown Indicators

	EQL	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-35.65%	-12.39%	-23.26%
Max Drawdown (1Y) Largest decline over 1 year	-6.19%	-4.97%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-15.07%	-12.39%	-2.68%
Max Drawdown (5Y) Largest decline over 5 years	-19.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.65%	—	—
Current Drawdown Current decline from peak	-0.28%	-0.07%	-0.21%
Average Drawdown Average peak-to-trough decline	-3.24%	-2.97%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	1.60%	+0.01%

Volatility

EQL vs. AVIE - Volatility Comparison

The current volatility for ALPS Equal Sector Weight ETF (EQL) is 2.60%, while Avantis Inflation Focused Equity ETF (AVIE) has a volatility of 3.66%. This indicates that EQL experiences smaller price fluctuations and is considered to be less risky than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQL	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	3.66%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	7.11%	7.47%	-0.36%
Volatility (1Y) Calculated over the trailing 1-year period	9.53%	10.21%	-0.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.55%	12.90%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	12.90%	+3.59%

EQL vs. AVIE - Expense Ratio Comparison

EQL has a 0.27% expense ratio, which is higher than AVIE's 0.25% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EQL vs. AVIE - Dividend Comparison

EQL's dividend yield for the trailing twelve months is around 1.36%, less than AVIE's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVIE Avantis Inflation Focused Equity ETF	1.42%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EQL ALPS Equal Sector Weight ETF	1.36%	1.73%	1.78%	1.96%	2.14%	1.69%	2.29%	1.95%	2.39%	1.97%	2.89%	2.07%

Frequently Asked Questions

Can I hold both EQL and AVIE in my portfolio?

EQL and AVIE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQL or AVIE?

AVIE has higher volatility (3.66%) compared to EQL (2.60%). In terms of maximum drawdown, EQL dropped -35.65% vs AVIE's -12.39%.

Which ETF is better, EQL or AVIE?

On 3-year performance, EQL leads with 15.11% vs 13.54% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, EQL has been the lower-risk option at 2.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EQL or AVIE?

Over the 3-year period, EQL has performed better with a 15.11% return vs 13.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EQL or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.27% for EQL.

Which ETF pays a higher dividend yield, EQL or AVIE?

AVIE has the higher dividend yield at 1.42%, compared with 1.36% for EQL.

What is the main difference between EQL and AVIE?

They also come from different issuers: SS&C and Avantis. Their fees differ too: 0.27% for EQL and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.55 vs 1.78), 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.