ESGE vs. AVES
Compare and contrast key facts about iShares ESG Aware MSCI EM ETF (ESGE) and Avantis Emerging Markets Value ETF (AVES).
ESGE and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGE is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Focus Index. It was launched on Jun 28, 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: ESGE or AVES.
Performance
ESGE vs. AVES - Performance Comparison
Returns By Period
In the year-to-date period, ESGE achieves a 8.67% return, which is significantly higher than AVES's 7.20% return.
ESGE
8.67%
-4.58%
2.84%
12.15%
2.60%
N/A
AVES
7.20%
-4.20%
-1.56%
12.81%
N/A
N/A
Key characteristics
| ESGE | AVES | |
|---|---|---|
| Sharpe Ratio | 0.71 | 0.78 |
| Sortino Ratio | 1.10 | 1.16 |
| Omega Ratio | 1.13 | 1.15 |
| Calmar Ratio | 0.36 | 1.21 |
| Martin Ratio | 3.39 | 3.96 |
| Ulcer Index | 3.31% | 3.05% |
| Daily Std Dev | 15.85% | 15.39% |
| Max Drawdown | -41.07% | -27.40% |
| Current Drawdown | -20.21% | -8.08% |
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ESGE vs. AVES - Expense Ratio Comparison
ESGE has a 0.25% expense ratio, which is lower than AVES's 0.36% expense ratio.
Correlation
The correlation between ESGE and AVES is 0.93, 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.
Risk-Adjusted Performance
ESGE vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI EM ETF (ESGE) 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
ESGE vs. AVES - Dividend Comparison
ESGE's dividend yield for the trailing twelve months is around 2.52%, less than AVES's 3.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ESGE iShares ESG Aware MSCI EM ETF | 2.52% | 2.65% | 2.68% | 2.66% | 1.31% | 2.59% | 2.18% | 1.86% | 0.27% |
AVES Avantis Emerging Markets Value ETF | 3.69% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ESGE vs. AVES - Drawdown Comparison
The maximum ESGE drawdown since its inception was -41.07%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for ESGE and AVES. For additional features, visit the drawdowns tool.
Volatility
ESGE vs. AVES - Volatility Comparison
iShares ESG Aware MSCI EM ETF (ESGE) and Avantis Emerging Markets Value ETF (AVES) have volatilities of 4.86% and 4.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.