GLOF vs. AVGV

Last updated Jun 21, 2026

GLOF (iShares Global Equity Factor ETF) and AVGV (Avantis All Equity Markets Value ETF) are both Global Equities funds. GLOF is passively managed, while AVGV is actively managed. Over the past year, GLOF returned 29.99% vs 37.24% for AVGV. Their correlation of 0.86 suggests significant overlap in exposure. GLOF charges 0.20%/yr vs 0.26%/yr for AVGV.

Performance

GLOF vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Equity Factor ETF (GLOF) 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, GLOF achieves a 12.94% return, which is significantly lower than AVGV's 17.65% return.

GLOF

• 1D: 0.70%
• 1M: 1.83%
• YTD: 12.94%
• 6M: 13.50%
• 1Y: 29.99%
• 3Y*: 21.41%
• 5Y*: 12.28%
• 10Y*: 12.28%

AVGV

• 1D: 0.58%
• 1M: 2.22%
• YTD: 17.65%
• 6M: 17.54%
• 1Y: 37.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLOF vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GLOF iShares Global Equity Factor ETF	12.94%	23.92%	17.49%	10.36%
AVGV Avantis All Equity Markets Value ETF	17.65%	22.57%	11.26%	11.88%

Correlation

The correlation between GLOF and AVGV is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.87

The correlation between GLOF and AVGV has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

GLOF vs. AVGV - Sectors Allocation Comparison

Sectors	GLOF	AVGV
Technology	32.2%	12.1%
Financial Services	16.0%	21.3%
Consumer Cyclical	10.6%	14.7%
Industrials	8.8%	16.2%
Communication Services	8.4%	5.0%
Healthcare	8.0%	4.5%
Consumer Defensive	5.1%	5.2%
Energy	3.9%	12.4%
Basic Materials	3.2%	7.2%
Utilities	2.8%	0.7%
Real Estate	1.1%	0.7%

Return for Risk

GLOF vs. AVGV — Risk / Return Rank

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

GLOF

GLOF Risk / Return Rank: 73
GLOF Sharpe Ratio Rank: 74
GLOF Sortino Ratio Rank: 74
GLOF Omega Ratio Rank: 71
GLOF Calmar Ratio Rank: 69
GLOF Martin Ratio Rank: 78

AVGV

AVGV Risk / Return Rank: 87
AVGV Sharpe Ratio Rank: 89
AVGV Sortino Ratio Rank: 89
AVGV Omega Ratio Rank: 86
AVGV Calmar Ratio Rank: 86
AVGV Martin Ratio Rank: 87

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.

GLOF vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Equity Factor ETF (GLOF) 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.

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.

	GLOF	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.77	-0.53
Sortino ratio: Return per unit of downside risk	3.11	3.82	-0.70
Omega ratio: Gain probability vs. loss probability	1.40	1.49	-0.10
Calmar ratio: Return relative to maximum drawdown	3.26	4.55	-1.29
Martin ratio: Return relative to average drawdown	14.17	17.71	-3.54

GLOF vs. AVGV - Sharpe Ratio Comparison

The current GLOF Sharpe Ratio is 2.24, which is comparable to the AVGV Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of GLOF 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.

Drawdowns

GLOF vs. AVGV - Drawdown Comparison

The maximum GLOF drawdown since its inception was -34.12%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for GLOF and AVGV.

Drawdown Indicators

	GLOF	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-34.12%	-17.03%	-17.09%
Max Drawdown (1Y) Largest decline over 1 year	-9.05%	-8.12%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	-16.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.12%	—	—
Current Drawdown Current decline from peak	-0.99%	-1.00%	+0.01%
Average Drawdown Average peak-to-trough decline	-6.10%	-2.28%	-3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	2.08%	0.00%

Volatility

GLOF vs. AVGV - Volatility Comparison

iShares Global Equity Factor ETF (GLOF) has a higher volatility of 4.98% compared to Avantis All Equity Markets Value ETF (AVGV) at 4.45%. This indicates that GLOF'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

	GLOF	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	4.45%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	10.91%	10.36%	+0.55%
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	13.33%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.78%	15.02%	+0.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	15.02%	+2.14%

GLOF vs. AVGV - Expense Ratio Comparison

GLOF has a 0.20% expense ratio, which is lower than AVGV's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GLOF vs. AVGV - Dividend Comparison

GLOF's dividend yield for the trailing twelve months is around 1.58%, less than AVGV's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGV Avantis All Equity Markets Value ETF	2.46%	1.98%	2.32%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GLOF iShares Global Equity Factor ETF	1.58%	1.70%	2.59%	2.51%	2.53%	1.90%	1.73%	2.41%	2.03%	1.94%	1.94%	0.92%

Frequently Asked Questions

Can I hold both GLOF and AVGV in my portfolio?

GLOF and AVGV have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLOF or AVGV?

GLOF has higher volatility (4.98%) compared to AVGV (4.45%). In terms of maximum drawdown, GLOF dropped -34.12% vs AVGV's -17.03%.

Which ETF is better, GLOF or AVGV?

On 1-year performance, AVGV leads with 37.24% vs 29.99% for GLOF. On fees, GLOF is cheaper at 0.20% per year. On volatility, AVGV has been the lower-risk option at 4.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLOF or AVGV?

Over the 1-year period, AVGV has performed better with a 37.24% return vs 29.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLOF or AVGV?

GLOF is cheaper with a 0.20% expense ratio, compared with 0.26% for AVGV.

Which ETF pays a higher dividend yield, GLOF or AVGV?

AVGV has the higher dividend yield at 2.46%, compared with 1.58% for GLOF.

What is the main difference between GLOF and AVGV?

They also come from different issuers: iShares and Avantis. Their fees differ too: 0.20% for GLOF and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.77 vs 2.24), 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.