ESGV vs. AVIE

Last updated Jul 14, 2026

ESGV (Vanguard ESG U.S. Stock ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. ESGV is passively managed, while AVIE is actively managed. Over the past 3 years, ESGV returned 19.79%/yr vs 13.54%/yr for AVIE. At a 0.45 correlation, their price movements are largely independent. ESGV charges 0.09%/yr vs 0.25%/yr for AVIE.

Performance

ESGV vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard ESG U.S. Stock ETF (ESGV) 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, ESGV achieves a 10.07% return, which is significantly lower than AVIE's 16.94% return.

ESGV

• 1D: -0.95%
• 1M: 1.38%
• 6M: 8.12%
• YTD: 10.07%
• 1Y: 21.17%
• 3Y*: 19.79%
• 5Y*: 11.58%
• 10Y*: —

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)

ESGV vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ESGV Vanguard ESG U.S. Stock ETF	10.07%	16.48%	24.69%	30.79%	1.47%
AVIE Avantis Inflation Focused Equity ETF	16.94%	11.37%	6.17%	4.19%	15.20%

Correlation

The correlation between ESGV and AVIE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.45

Over the past year, the correlation between ESGV and AVIE has dropped to 0.12 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

ESGV vs. AVIE - Sectors Allocation Comparison

Sectors	ESGV	AVIE
Technology	43.1%	0.1%
Communication Services	11.8%	-
Consumer Cyclical	11.5%	0.0%
Financial Services	11.3%	15.0%
Healthcare	9.5%	26.3%
Industrials	4.2%	1.3%
Consumer Defensive	3.6%	17.1%
Real Estate	2.6%	0.1%
Basic Materials	1.9%	9.8%
Utilities	0.2%	0.0%
Energy	0.1%	30.0%

Return for Risk

ESGV vs. AVIE — Risk / Return Rank

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

ESGV

ESGV Risk / Return Rank: 53
ESGV Sharpe Ratio Rank: 55
ESGV Sortino Ratio Rank: 54
ESGV Omega Ratio Rank: 54
ESGV Calmar Ratio Rank: 46
ESGV Martin Ratio Rank: 55

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.

ESGV vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard ESG U.S. Stock ETF (ESGV) 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.

	ESGV	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.50	2.55	-1.06
Sortino ratio: Return per unit of downside risk	2.09	3.70	-1.61
Omega ratio: Gain probability vs. loss probability	1.27	1.45	-0.18
Calmar ratio: Return relative to maximum drawdown	1.83	5.24	-3.41
Martin ratio: Return relative to average drawdown	7.52	16.43	-8.91

ESGV vs. AVIE - Sharpe Ratio Comparison

The current ESGV Sharpe Ratio is 1.50, which is lower than the AVIE Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of ESGV 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

ESGV vs. AVIE - Drawdown Comparison

The maximum ESGV drawdown since its inception was -33.66%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for ESGV and AVIE.

Drawdown Indicators

	ESGV	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-33.66%	-12.39%	-21.27%
Max Drawdown (1Y) Largest decline over 1 year	-11.60%	-4.97%	-6.63%
Max Drawdown (3Y) Largest decline over 3 years	-20.41%	-12.39%	-8.02%
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	—	—
Current Drawdown Current decline from peak	-1.48%	-0.07%	-1.41%
Average Drawdown Average peak-to-trough decline	-6.37%	-2.97%	-3.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	1.60%	+1.22%

Volatility

ESGV vs. AVIE - Volatility Comparison

Vanguard ESG U.S. Stock ETF (ESGV) has a higher volatility of 4.70% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.66%. This indicates that ESGV's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGV	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	3.66%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	11.42%	7.47%	+3.95%
Volatility (1Y) Calculated over the trailing 1-year period	14.21%	10.21%	+4.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.50%	12.90%	+5.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.55%	12.90%	+7.65%

ESGV vs. AVIE - Expense Ratio Comparison

ESGV has a 0.09% expense ratio, which is lower than AVIE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ESGV vs. AVIE - Dividend Comparison

ESGV's dividend yield for the trailing twelve months is around 0.87%, less than AVIE's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AVIE Avantis Inflation Focused Equity ETF	1.42%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%
ESGV Vanguard ESG U.S. Stock ETF	0.87%	0.91%	1.04%	1.16%	1.42%	0.95%	1.11%	1.27%	0.28%

Frequently Asked Questions

Can I hold both ESGV and AVIE in my portfolio?

ESGV and AVIE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESGV or AVIE?

ESGV has higher volatility (4.70%) compared to AVIE (3.66%). In terms of maximum drawdown, ESGV dropped -33.66% vs AVIE's -12.39%.

Which ETF is better, ESGV or AVIE?

On 3-year performance, ESGV leads with 19.79% vs 13.54% for AVIE. On fees, ESGV is cheaper at 0.09% per year. On volatility, AVIE has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ESGV or AVIE?

Over the 3-year period, ESGV has performed better with a 19.79% return vs 13.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ESGV or AVIE?

ESGV is cheaper with a 0.09% expense ratio, compared with 0.25% for AVIE.

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

AVIE has the higher dividend yield at 1.42%, compared with 0.87% for ESGV.

What is the main difference between ESGV and AVIE?

They also come from different issuers: Vanguard and Avantis. Their fees differ too: 0.09% for ESGV and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.55 vs 1.50), 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.