FCTE vs. AVIE

Last updated Aug 2, 2026

FCTE (SMI 3Fourteen Full-Cycle Trend ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, FCTE returned 13.55% vs 31.98% for AVIE. Their 0.45 correlation means their historical movements had little consistent relationship. FCTE charges 0.85%/yr vs 0.25%/yr for AVIE.

Performance

FCTE vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SMI 3Fourteen Full-Cycle Trend ETF (FCTE) 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, FCTE achieves a 16.87% return, which is significantly lower than AVIE's 18.41% return.

FCTE

• 1D: 1.22%
• 1M: 0.54%
• 6M: 9.25%
• YTD: 16.87%
• 1Y: 13.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.91%

AVIE

• 1D: -0.06%
• 1M: 2.39%
• 6M: 11.89%
• YTD: 18.41%
• 1Y: 31.98%
• 3Y*: 12.55%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.49%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVIE Avantis Inflation Focused Equity ETF	$108.24K	$116.86K	$98.80K
FCTE SMI 3Fourteen Full-Cycle Trend ETF	$395.29K	$768.22K	$634.95K

FCTE vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FCTE SMI 3Fourteen Full-Cycle Trend ETF	16.87%	-3.80%	6.19%
AVIE Avantis Inflation Focused Equity ETF	18.41%	11.37%	-1.97%

Correlation

The correlation between FCTE and AVIE is 0.27, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.27
Correlation (All Time) Calculated using the full available price history since Jul 2, 2024	0.45

The correlation between FCTE and AVIE shifts across timeframes, from 0.27 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

FCTE vs. AVIE - Sectors Allocation Comparison

Sectors	FCTE	AVIE
Technology	30.1%	0.1%
Industrials	25.0%	1.7%
Healthcare	19.9%	29.6%
Communication Services	10.0%	-
Energy	5.0%	26.5%
Consumer Cyclical	5.0%	0.1%
Consumer Defensive	5.0%	16.9%
Basic Materials	-	9.0%
Financial Services	-	15.7%
Real Estate	-	0.5%
Utilities	-	0.0%

Return for Risk

FCTE vs. AVIE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FCTE

FCTE Risk / Return Rank: 32
FCTE Sharpe Ratio Rank: 33
FCTE Sortino Ratio Rank: 33
FCTE Omega Ratio Rank: 31
FCTE Calmar Ratio Rank: 30
FCTE Martin Ratio Rank: 31

AVIE

AVIE Risk / Return Rank: 96
AVIE Sharpe Ratio Rank: 97
AVIE Sortino Ratio Rank: 96
AVIE Omega Ratio Rank: 95
AVIE Calmar Ratio Rank: 96
AVIE Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FCTE vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SMI 3Fourteen Full-Cycle Trend ETF (FCTE) 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.

	FCTE	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	0.82	3.16	-2.34
Sortino ratio: Return per unit of downside risk	1.26	4.62	-3.36
Omega ratio: Gain probability vs. loss probability	1.15	1.56	-0.41
Calmar ratio: Return relative to maximum drawdown	0.97	6.34	-5.37
Martin ratio: Return relative to average drawdown	2.74	21.65	-18.91

FCTE vs. AVIE - Sharpe Ratio Comparison

The current FCTE Sharpe Ratio is 0.82, which is lower than the AVIE Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of FCTE 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

FCTE vs. AVIE - Drawdown Comparison

The maximum FCTE drawdown since its inception was -19.68%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for FCTE and AVIE.

Drawdown Indicators

	FCTE	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-19.68%	-12.39%	-7.29%
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	-4.97%	-7.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.39%	—
Current Drawdown Current decline from peak	-0.37%	-0.88%	+0.51%
Average Drawdown Average peak-to-trough decline	-5.63%	-2.93%	-2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.55%	1.45%	+3.10%

Volatility

FCTE vs. AVIE - Volatility Comparison

SMI 3Fourteen Full-Cycle Trend ETF (FCTE) and Avantis Inflation Focused Equity ETF (AVIE) have volatilities of 3.40% and 3.29%, 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.

Volatility by Period

	FCTE	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	3.29%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	7.47%	+4.74%
Volatility (1Y) Calculated over the trailing 1-year period	15.29%	10.05%	+5.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.40%	12.85%	+5.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.40%	12.85%	+5.55%

FCTE vs. AVIE - Expense Ratio Comparison

FCTE has a 0.85% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

FCTE vs. AVIE - Dividend Comparison

FCTE's dividend yield for the trailing twelve months is around 0.08%, less than AVIE's 1.40% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.40%	1.75%	1.89%	3.72%	0.39%
FCTE SMI 3Fourteen Full-Cycle Trend ETF	0.08%	0.18%	0.18%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FCTE and AVIE in my portfolio?

FCTE and AVIE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCTE or AVIE?

FCTE has higher volatility (3.40%) compared to AVIE (3.29%). In terms of maximum drawdown, FCTE dropped -19.68% vs AVIE's -12.39%.

Which ETF is better, FCTE or AVIE?

On 1-year performance, AVIE leads with 31.98% vs 13.55% for FCTE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FCTE or AVIE?

Over the 1-year period, AVIE has performed better with a 31.98% return vs 13.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FCTE or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.85% for FCTE.

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

AVIE has the higher dividend yield at 1.40%, compared with 0.08% for FCTE.

What is the main difference between FCTE and AVIE?

They also come from different issuers: SMI 3Fourteen and Avantis. Their fees differ too: 0.85% for FCTE and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (3.16 vs 0.82), 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.