Correlation
The correlation between FPAG and AVDE is 0.75, 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.
FPAG vs. AVDE
Compare and contrast key facts about FPA Global Equity ETF (FPAG) and Avantis International Equity ETF (AVDE).
FPAG and AVDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPAG is an actively managed fund by FPA. It was launched on Dec 16, 2021. AVDE is a passively managed fund by American Century Investments that tracks the performance of the MSCI World ex-USA IMI Index. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPAG or AVDE.
Performance
FPAG vs. AVDE - Performance Comparison
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Key characteristics
FPAG:
0.60
AVDE:
1.03
FPAG:
0.88
AVDE:
1.38
FPAG:
1.13
AVDE:
1.19
FPAG:
0.57
AVDE:
1.19
FPAG:
2.35
AVDE:
3.85
FPAG:
4.38%
AVDE:
4.16%
FPAG:
19.60%
AVDE:
17.21%
FPAG:
-28.43%
AVDE:
-36.99%
FPAG:
-1.16%
AVDE:
-0.56%
Returns By Period
In the year-to-date period, FPAG achieves a 6.57% return, which is significantly lower than AVDE's 18.48% return.
FPAG
6.57%
6.93%
3.88%
11.66%
14.26%
N/A
N/A
AVDE
18.48%
5.35%
16.29%
17.53%
11.22%
12.89%
N/A
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FPAG vs. AVDE - Expense Ratio Comparison
FPAG has a 0.49% expense ratio, which is higher than AVDE's 0.23% expense ratio.
Risk-Adjusted Performance
FPAG vs. AVDE — Risk-Adjusted Performance Rank
FPAG
AVDE
FPAG vs. AVDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA Global Equity ETF (FPAG) and Avantis International Equity ETF (AVDE). 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.
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Dividends
FPAG vs. AVDE - Dividend Comparison
FPAG's dividend yield for the trailing twelve months is around 1.73%, less than AVDE's 2.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
FPAG FPA Global Equity ETF | 1.73% | 1.42% | 1.50% | 1.22% | 0.00% | 0.00% | 0.00% |
AVDE Avantis International Equity ETF | 2.78% | 3.29% | 3.01% | 2.79% | 2.46% | 1.63% | 0.29% |
Drawdowns
FPAG vs. AVDE - Drawdown Comparison
The maximum FPAG drawdown since its inception was -28.43%, smaller than the maximum AVDE drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for FPAG and AVDE.
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Volatility
FPAG vs. AVDE - Volatility Comparison
FPA Global Equity ETF (FPAG) has a higher volatility of 4.53% compared to Avantis International Equity ETF (AVDE) at 2.90%. This indicates that FPAG's price experiences larger fluctuations and is considered to be riskier than AVDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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