IJS vs. AVUV
Compare and contrast key facts about iShares S&P SmallCap 600 Value ETF (IJS) and Avantis U.S. Small Cap Value ETF (AVUV).
IJS and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJS is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600/Citigroup Value Index. It was launched on Jul 24, 2000. AVUV is an actively managed fund by American Century Investments. 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: IJS or AVUV.
Key characteristics
IJS | AVUV | |
---|---|---|
YTD Return | 0.06% | 4.71% |
1Y Return | 13.81% | 30.57% |
3Y Return (Ann) | 2.75% | 11.63% |
Sharpe Ratio | 0.69 | 1.56 |
Daily Std Dev | 21.08% | 20.22% |
Max Drawdown | -60.11% | -49.42% |
Current Drawdown | -3.56% | 0.00% |
Correlation
The correlation between IJS and AVUV is 0.97, 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.
Performance
IJS vs. AVUV - Performance Comparison
In the year-to-date period, IJS achieves a 0.06% return, which is significantly lower than AVUV's 4.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
IJS vs. AVUV - Expense Ratio Comparison
Risk-Adjusted Performance
IJS vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 Value ETF (IJS) and Avantis U.S. Small Cap Value ETF (AVUV). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
iShares S&P SmallCap 600 Value ETF | 0.69 | ||||
Avantis U.S. Small Cap Value ETF | 1.56 |
Dividends
IJS vs. AVUV - Dividend Comparison
IJS's dividend yield for the trailing twelve months is around 1.46%, less than AVUV's 1.57% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares S&P SmallCap 600 Value ETF | 1.46% | 1.42% | 1.46% | 1.52% | 1.00% | 1.66% | 1.75% | 1.41% | 1.22% | 1.59% | 1.41% | 1.18% |
Avantis U.S. Small Cap Value ETF | 1.57% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IJS vs. AVUV - Drawdown Comparison
The maximum IJS drawdown since its inception was -60.11%, which is greater than AVUV's maximum drawdown of -49.42%. The drawdown chart below compares losses from any high point along the way for IJS and AVUV
Volatility
IJS vs. AVUV - Volatility Comparison
iShares S&P SmallCap 600 Value ETF (IJS) has a higher volatility of 4.75% compared to Avantis U.S. Small Cap Value ETF (AVUV) at 4.30%. This indicates that IJS's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.