FTCE vs. AVIE

Last updated Jul 14, 2026

FTCE (First Trust New Constructs Core Earnings Leaders ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. FTCE is passively managed, while AVIE is actively managed. Over the past year, FTCE returned 23.07% vs 25.91% for AVIE. At a 0.47 correlation, their price movements are largely independent. FTCE charges 0.60%/yr vs 0.25%/yr for AVIE.

Performance

FTCE vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust New Constructs Core Earnings Leaders ETF (FTCE) 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, FTCE achieves a 10.31% return, which is significantly lower than AVIE's 16.94% return.

FTCE

• 1D: -0.68%
• 1M: 0.48%
• 6M: 7.64%
• YTD: 10.31%
• 1Y: 23.07%
• 3Y*: —
• 5Y*: —
• 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)

FTCE vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FTCE First Trust New Constructs Core Earnings Leaders ETF	10.31%	26.14%	-0.02%
AVIE Avantis Inflation Focused Equity ETF	16.94%	11.37%	-6.52%

Correlation

The correlation between FTCE and AVIE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	0.47

The correlation between FTCE and AVIE shifts across timeframes, from 0.28 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

FTCE vs. AVIE - Sectors Allocation Comparison

Sectors	FTCE	AVIE
Technology	38.9%	0.1%
Consumer Cyclical	11.9%	0.0%
Financial Services	10.6%	15.0%
Healthcare	8.7%	26.3%
Industrials	8.3%	1.3%
Communication Services	8.0%	-
Consumer Defensive	4.2%	17.1%
Energy	3.5%	30.0%
Utilities	2.0%	0.0%
Basic Materials	2.0%	9.8%
Real Estate	2.0%	0.1%

Return for Risk

FTCE vs. AVIE — Risk / Return Rank

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

FTCE

FTCE Risk / Return Rank: 61
FTCE Sharpe Ratio Rank: 65
FTCE Sortino Ratio Rank: 64
FTCE Omega Ratio Rank: 63
FTCE Calmar Ratio Rank: 57
FTCE Martin Ratio Rank: 56

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.

FTCE vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust New Constructs Core Earnings Leaders ETF (FTCE) 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.

	FTCE	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.69	2.55	-0.86
Sortino ratio: Return per unit of downside risk	2.35	3.70	-1.35
Omega ratio: Gain probability vs. loss probability	1.30	1.45	-0.15
Calmar ratio: Return relative to maximum drawdown	2.28	5.24	-2.96
Martin ratio: Return relative to average drawdown	7.70	16.43	-8.73

FTCE vs. AVIE - Sharpe Ratio Comparison

The current FTCE Sharpe Ratio is 1.69, which is lower than the AVIE Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of FTCE 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

FTCE vs. AVIE - Drawdown Comparison

The maximum FTCE drawdown since its inception was -18.11%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for FTCE and AVIE.

Drawdown Indicators

	FTCE	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-18.11%	-12.39%	-5.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.16%	-4.97%	-5.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.39%	—
Current Drawdown Current decline from peak	-3.82%	-0.07%	-3.75%
Average Drawdown Average peak-to-trough decline	-2.60%	-2.97%	+0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	1.60%	+1.40%

Volatility

FTCE vs. AVIE - Volatility Comparison

First Trust New Constructs Core Earnings Leaders ETF (FTCE) and Avantis Inflation Focused Equity ETF (AVIE) have volatilities of 3.79% and 3.66%, 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

	FTCE	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	3.66%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	11.14%	7.47%	+3.67%
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	10.21%	+3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.72%	12.90%	+3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.72%	12.90%	+3.82%

FTCE vs. AVIE - Expense Ratio Comparison

FTCE has a 0.60% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

FTCE vs. AVIE - Dividend Comparison

FTCE's dividend yield for the trailing twelve months is around 0.66%, less than AVIE's 1.42% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.42%	1.75%	1.89%	3.72%	0.39%
FTCE First Trust New Constructs Core Earnings Leaders ETF	0.66%	0.96%	0.28%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTCE and AVIE in my portfolio?

FTCE and AVIE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTCE or AVIE?

FTCE has higher volatility (3.79%) compared to AVIE (3.66%). In terms of maximum drawdown, FTCE dropped -18.11% vs AVIE's -12.39%.

Which ETF is better, FTCE or AVIE?

On 1-year performance, AVIE leads with 25.91% vs 23.07% for FTCE. On fees, AVIE is cheaper at 0.25% 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, FTCE or AVIE?

Over the 1-year period, AVIE has performed better with a 25.91% return vs 23.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTCE or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.60% for FTCE.

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

AVIE has the higher dividend yield at 1.42%, compared with 0.66% for FTCE.

What is the main difference between FTCE and AVIE?

They also come from different issuers: First Trust and Avantis. Their fees differ too: 0.60% for FTCE and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.55 vs 1.69), 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.