FICS vs. AVGV

Last updated Apr 15, 2026

FICS (First Trust International Developed Capital Strength ETF) and AVGV (Avantis ALL Equity Markets Value ETF) are both Global Equities funds. FICS is passively managed, while AVGV is actively managed. Over the past year, FICS returned 14.11% vs 45.34% for AVGV. A 0.71 correlation means they provide meaningful diversification when combined. FICS charges 0.70%/yr vs 0.26%/yr for AVGV.

Performance

FICS vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust International Developed Capital Strength ETF (FICS) and Avantis ALL Equity Markets Value ETF (AVGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FICS achieves a 3.23% return, which is significantly lower than AVGV's 11.91% return.

FICS

• 1D: 0.57%
• 1M: 5.57%
• YTD: 3.23%
• 6M: 7.46%
• 1Y: 14.11%
• 3Y*: 10.61%
• 5Y*: 6.27%
• 10Y*: —

AVGV

• 1D: 0.48%
• 1M: 7.15%
• YTD: 11.91%
• 6M: 18.41%
• 1Y: 45.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FICS vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FICS First Trust International Developed Capital Strength ETF	3.23%	20.44%	2.59%	5.64%
AVGV Avantis ALL Equity Markets Value ETF	11.91%	22.57%	11.26%	11.36%

Correlation

The correlation between FICS and AVGV is 0.67, 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	0.67
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.71

The correlation between FICS and AVGV has been stable across timeframes, ranging from 0.67 to 0.71 — a consistent structural relationship.

Return for Risk

FICS vs. AVGV — Risk / Return Rank

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

FICS

FICS Risk / Return Rank: 23
FICS Sharpe Ratio Rank: 23
FICS Sortino Ratio Rank: 22
FICS Omega Ratio Rank: 21
FICS Calmar Ratio Rank: 25
FICS Martin Ratio Rank: 25

AVGV

AVGV Risk / Return Rank: 91
AVGV Sharpe Ratio Rank: 91
AVGV Sortino Ratio Rank: 91
AVGV Omega Ratio Rank: 89
AVGV Calmar Ratio Rank: 91
AVGV Martin Ratio Rank: 92

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.

FICS vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust International Developed Capital Strength ETF (FICS) and Avantis ALL Equity Markets Value ETF (AVGV). 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.

	FICS	AVGV	Difference
Sharpe ratio Return per unit of total volatility	1.12	3.43	-2.31
Sortino ratio Return per unit of downside risk	1.68	4.72	-3.04
Omega ratio Gain probability vs. loss probability	1.20	1.62	-0.42
Calmar ratio Return relative to maximum drawdown	1.73	6.15	-4.42
Martin ratio Return relative to average drawdown	5.43	24.23	-18.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FICS vs. AVGV - Sharpe Ratio Comparison

The current FICS Sharpe Ratio is 1.12, which is lower than the AVGV Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of FICS and AVGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FICS	AVGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	3.43	-2.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	1.40	-0.94

Drawdowns

FICS vs. AVGV - Drawdown Comparison

The maximum FICS drawdown since its inception was -29.16%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for FICS and AVGV.

Drawdown Indicators

	FICS	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-29.16%	-17.03%	-12.13%
Max Drawdown (1Y) Largest decline over 1 year	-10.32%	-8.12%	-2.20%
Max Drawdown (5Y) Largest decline over 5 years	-29.16%	—	—
Current Drawdown Current decline from peak	-2.52%	-0.46%	-2.06%
Average Drawdown Average peak-to-trough decline	-7.29%	-2.39%	-4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	2.06%	+1.23%

Volatility

FICS vs. AVGV - Volatility Comparison

First Trust International Developed Capital Strength ETF (FICS) has a higher volatility of 6.74% compared to Avantis ALL Equity Markets Value ETF (AVGV) at 5.31%. This indicates that FICS's price experiences larger fluctuations and is considered to be riskier than AVGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FICS	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.74%	5.31%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	10.05%	-0.30%
Volatility (1Y) Calculated over the trailing 1-year period	12.70%	13.36%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	15.11%	+1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	15.11%	+1.84%

FICS vs. AVGV - Expense Ratio Comparison

FICS has a 0.70% expense ratio, which is higher than AVGV's 0.26% expense ratio.

Dividends

FICS vs. AVGV - Dividend Comparison

FICS's dividend yield for the trailing twelve months is around 1.91%, less than AVGV's 1.97% yield.

	TTM	2025	2024	2023	2022	2021
FICS First Trust International Developed Capital Strength ETF	1.91%	1.85%	2.01%	1.02%	1.89%	1.26%
AVGV Avantis ALL Equity Markets Value ETF	1.97%	1.98%	2.32%	1.14%	0.00%	0.00%