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EUFN vs. AVDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUFN vs. AVDV

Last updated Jun 13, 2026

EUFN (iShares MSCI Europe Financials ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - EUFN is a Financials Equities fund tracking the MSCI Europe Financials Index, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. EUFN is passively managed, while AVDV is actively managed. Over the past 5 years, EUFN returned 18.43%/yr vs 13.63%/yr for AVDV. Their correlation of 0.82 suggests significant overlap in exposure. EUFN charges 0.48%/yr vs 0.36%/yr for AVDV.

Performance

EUFN vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Europe Financials ETF (EUFN) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EUFN achieves a 4.75% return, which is significantly lower than AVDV's 14.99% return.

EUFN

1D
1.20%
1M
3.43%
YTD
4.75%
6M
9.10%
1Y
28.57%
3Y*
32.04%
5Y*
18.43%
10Y*
13.48%

AVDV

1D
0.89%
1M
-1.99%
YTD
14.99%
6M
17.18%
1Y
41.91%
3Y*
26.72%
5Y*
13.63%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUFN vs. AVDV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
EUFN
iShares MSCI Europe Financials ETF		4.75%65.73%17.20%26.15%-8.78%19.13%-8.55%12.94%
AVDV
Avantis International Small Cap Value ETF		14.99%49.37%8.67%16.85%-11.47%15.80%5.01%11.78%

Correlation

The correlation between EUFN and AVDV is 0.74, 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

0.74

Correlation (3Y)
Calculated over the trailing 3-year period

0.76

Correlation (5Y)
Calculated over the trailing 5-year period

0.81

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2019

0.82

The correlation between EUFN and AVDV has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.

EUFN vs. AVDV - Sectors Allocation Comparison

Sectors
EUFN
AVDV

Financial Services

97.1%
13.7%

Technology

1.0%
6.4%

Industrials

0.4%
21.3%

Consumer Cyclical

0.2%
14.4%

Basic Materials

-

22.5%

Communication Services

-

2.0%

Consumer Defensive

-

3.4%

Energy

-

10.8%

Healthcare

-

2.1%

Real Estate

-

1.1%

Utilities

-

1.7%

Financial Services

EUFN
97.1%
AVDV
13.7%

Technology

EUFN
1.0%
AVDV
6.4%

Industrials

EUFN
0.4%
AVDV
21.3%

Consumer Cyclical

EUFN
0.2%
AVDV
14.4%

Basic Materials

EUFN

-

AVDV
22.5%

Communication Services

EUFN

-

AVDV
2.0%

Consumer Defensive

EUFN

-

AVDV
3.4%

Energy

EUFN

-

AVDV
10.8%

Healthcare

EUFN

-

AVDV
2.1%

Real Estate

EUFN

-

AVDV
1.1%

Utilities

EUFN

-

AVDV
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Europe Financials ETF

Avantis International Small Cap Value ETF

Often compared with EUFN:
EUFN vs. XLFEUFN vs. FDDEUFN vs. SPYEUFN vs. GSIBEUFN vs. EURLEUFN vs. IEUREUFN vs. EIRL
Often compared with AVDV:
AVDV vs. VXUSAVDV vs. AVDEAVDV vs. VSSAVDV vs. DISVXAVDV vs. AVDVXAVDV vs. ISVLAVDV vs. AVIV

Return for Risk

EUFN vs. AVDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUFN
EUFN Risk / Return Rank: 4242
Overall Rank
EUFN Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
EUFN Sortino Ratio Rank: 4242
Sortino Ratio Rank
EUFN Omega Ratio Rank: 3939
Omega Ratio Rank
EUFN Calmar Ratio Rank: 4141
Calmar Ratio Rank
EUFN Martin Ratio Rank: 4444
Martin Ratio Rank
AVDV
AVDV Risk / Return Rank: 8181
Overall Rank
AVDV Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
AVDV Sortino Ratio Rank: 8686
Sortino Ratio Rank
AVDV Omega Ratio Rank: 8686
Omega Ratio Rank
AVDV Calmar Ratio Rank: 7171
Calmar Ratio Rank
AVDV Martin Ratio Rank: 7676
Martin Ratio Rank
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.

EUFN vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials ETF (EUFN) and Avantis International Small Cap Value ETF (AVDV). 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.

EUFNAVDVDifference
Sharpe ratioReturn per unit of total volatility
1.31
2.53

-1.22

Sortino ratioReturn per unit of downside risk
1.92
3.36

-1.44

Omega ratioGain probability vs. loss probability

1.23

1.46

-0.23

Calmar ratioReturn relative to maximum drawdown

1.79

3.12

-1.33

Martin ratioReturn relative to average drawdown

6.24

12.44

-6.21

EUFN vs. AVDV - Sharpe Ratio Comparison

The current EUFN Sharpe Ratio is 1.31, which is lower than the AVDV Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of EUFN and AVDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EUFN vs. AVDV - Drawdown Comparison

The maximum EUFN drawdown since its inception was -53.25%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for EUFN and AVDV.

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Drawdown Indicators

EUFNAVDVDifference

Max Drawdown

Largest peak-to-trough decline

-53.25%

-43.01%

-10.24%

Max Drawdown (1Y)

Largest decline over 1 year

-14.77%

-13.19%

-1.58%

Max Drawdown (3Y)

Largest decline over 3 years

-15.95%

-14.17%

-1.78%

Max Drawdown (5Y)

Largest decline over 5 years

-35.15%

-28.08%

-7.07%

Max Drawdown (10Y)

Largest decline over 10 years

-53.25%

—

—

Current Drawdown

Current decline from peak

-0.10%

-2.24%

+2.14%

Average Drawdown

Average peak-to-trough decline

-14.53%

-6.76%

-7.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.23%

3.30%

+0.93%

Volatility

EUFN vs. AVDV - Volatility Comparison

iShares MSCI Europe Financials ETF (EUFN) has a higher volatility of 6.96% compared to Avantis International Small Cap Value ETF (AVDV) at 6.26%. This indicates that EUFN's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EUFNAVDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.96%

6.26%

+0.70%

Volatility (6M)

Calculated over the trailing 6-month period

17.05%

13.88%

+3.17%

Volatility (1Y)

Calculated over the trailing 1-year period

20.17%

16.25%

+3.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.88%

17.41%

+4.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.53%

19.77%

+4.76%

EUFN vs. AVDV - Expense Ratio Comparison

EUFN has a 0.48% expense ratio, which is higher than AVDV's 0.36% expense ratio.

Dividends

EUFN vs. AVDV - Dividend Comparison

EUFN's dividend yield for the trailing twelve months is around 3.41%, less than AVDV's 4.11% yield.

PositionTTM20252024202320222021202020192018201720162015
AVDV
Avantis International Small Cap Value ETF		4.11%3.05%4.31%3.29%3.17%2.39%1.67%0.36%0.00%0.00%0.00%0.00%
EUFN
iShares MSCI Europe Financials ETF		3.41%3.57%5.36%5.00%4.24%4.15%1.38%4.55%6.48%3.04%4.03%3.65%

Frequently Asked Questions

EUFN and AVDV have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EUFN has higher volatility (6.96%) compared to AVDV (6.26%). In terms of maximum drawdown, EUFN dropped -53.25% vs AVDV's -43.01%.

On 5-year performance, EUFN leads with 18.43% vs 13.63% for AVDV. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 6.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, EUFN has performed better with a 18.43% return vs 13.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AVDV is cheaper with a 0.36% expense ratio, compared with 0.48% for EUFN.

AVDV has the higher dividend yield at 4.11%, compared with 3.41% for EUFN.

EUFN is categorized as Financials Equities, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.48% for EUFN and 0.36% for AVDV.

AVDV currently has the higher Sharpe Ratio (2.53 vs 1.31), 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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