IUS vs. AVUV

Last updated Jun 4, 2026

IUS (Invesco RAFI Strategic US ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - IUS is a Large Cap Blend Equities fund tracking the Invesco Strategic US Index, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. IUS is passively managed, while AVUV is actively managed. Over the past 5 years, IUS returned 13.61%/yr vs 10.71%/yr for AVUV. Their correlation of 0.83 suggests significant overlap in exposure. IUS charges 0.19%/yr vs 0.25%/yr for AVUV.

Performance

IUS vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco RAFI Strategic US ETF (IUS) and Avantis US Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IUS achieves a 15.71% return, which is significantly lower than AVUV's 17.96% return.

IUS

• 1D: -0.07%
• 1M: 4.89%
• YTD: 15.71%
• 6M: 15.69%
• 1Y: 33.27%
• 3Y*: 20.93%
• 5Y*: 13.61%
• 10Y*: —

AVUV

• 1D: -0.97%
• 1M: 1.21%
• YTD: 17.96%
• 6M: 17.23%
• 1Y: 36.48%
• 3Y*: 19.24%
• 5Y*: 10.71%
• 10Y*: —

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

IUS vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IUS Invesco RAFI Strategic US ETF	15.71%	16.94%	16.51%	20.79%	-8.34%	32.17%	15.09%	9.11%
AVUV Avantis US Small Cap Value ETF	17.96%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.50%

Correlation

The correlation between IUS and AVUV is 0.81, 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 27, 2019	0.83

The correlation between IUS and AVUV has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

IUS vs. AVUV - Sectors Allocation Comparison

Sectors	IUS	AVUV
Technology	22.4%	7.0%
Communication Services	14.7%	2.8%
Healthcare	12.8%	4.2%
Energy	10.9%	18.2%
Consumer Cyclical	10.7%	18.0%
Industrials	9.7%	13.9%
Consumer Defensive	7.4%	4.5%
Financial Services	6.8%	25.8%
Basic Materials	3.3%	4.9%
Utilities	1.0%	0.1%
Real Estate	0.5%	0.7%

Return for Risk

IUS vs. AVUV — Risk / Return Rank

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

IUS

IUS Risk / Return Rank: 91
IUS Sharpe Ratio Rank: 91
IUS Sortino Ratio Rank: 92
IUS Omega Ratio Rank: 90
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 92

AVUV

AVUV Risk / Return Rank: 67
AVUV Sharpe Ratio Rank: 61
AVUV Sortino Ratio Rank: 63
AVUV Omega Ratio Rank: 58
AVUV Calmar Ratio Rank: 84
AVUV Martin Ratio Rank: 72

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.

IUS vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI Strategic US ETF (IUS) and Avantis US 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.

	IUS	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	3.26	2.10	+1.17
Sortino ratio: Return per unit of downside risk	4.53	3.02	+1.51
Omega ratio: Gain probability vs. loss probability	1.60	1.36	+0.23
Calmar ratio: Return relative to maximum drawdown	5.44	4.61	+0.83
Martin ratio: Return relative to average drawdown	23.27	13.69	+9.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUS vs. AVUV - Sharpe Ratio Comparison

The current IUS Sharpe Ratio is 3.26, which is higher than the AVUV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of IUS and AVUV, 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

	IUS	AVUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.26	2.10	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.47	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.56	+0.29

Drawdowns

IUS vs. AVUV - Drawdown Comparison

The maximum IUS drawdown since its inception was -34.67%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for IUS and AVUV.

Drawdown Indicators

	IUS	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-34.67%	-49.42%	+14.75%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-7.95%	+1.80%
Max Drawdown (3Y) Largest decline over 3 years	-15.61%	-28.79%	+13.18%
Max Drawdown (5Y) Largest decline over 5 years	-18.72%	-28.79%	+10.07%
Current Drawdown Current decline from peak	-0.07%	-1.12%	+1.05%
Average Drawdown Average peak-to-trough decline	-3.86%	-7.95%	+4.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.43%	2.67%	-1.24%

Volatility

IUS vs. AVUV - Volatility Comparison

The current volatility for Invesco RAFI Strategic US ETF (IUS) is 2.50%, while Avantis US Small Cap Value ETF (AVUV) has a volatility of 4.08%. This indicates that IUS experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUS	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	4.08%	-1.58%
Volatility (6M) Calculated over the trailing 6-month period	7.41%	11.34%	-3.93%
Volatility (1Y) Calculated over the trailing 1-year period	10.26%	17.54%	-7.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.00%	22.74%	-7.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	28.30%	-10.26%

IUS vs. AVUV - Expense Ratio Comparison

IUS has a 0.19% expense ratio, which is lower than AVUV's 0.25% 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

IUS vs. AVUV - Dividend Comparison

IUS's dividend yield for the trailing twelve months is around 1.28%, which matches AVUV's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AVUV Avantis US Small Cap Value ETF	1.29%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%	0.00%
IUS Invesco RAFI Strategic US ETF	1.28%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%

Frequently Asked Questions

Can I hold both IUS and AVUV in my portfolio?

IUS and AVUV have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IUS or AVUV?

AVUV has higher volatility (4.08%) compared to IUS (2.50%). In terms of maximum drawdown, IUS dropped -34.67% vs AVUV's -49.42%.

Which ETF is better, IUS or AVUV?

On 5-year performance, IUS leads with 13.61% vs 10.71% for AVUV. On fees, IUS is cheaper at 0.19% per year. On volatility, IUS has been the lower-risk option at 2.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IUS or AVUV?

Over the 5-year period, IUS has performed better with a 13.61% return vs 10.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IUS or AVUV?

IUS is cheaper with a 0.19% expense ratio, compared with 0.25% for AVUV.

Which ETF pays a higher dividend yield, IUS or AVUV?

IUS and AVUV have nearly identical dividend yields, around 1.28%.

What is the main difference between IUS and AVUV?

IUS is categorized as Large Cap Blend Equities, while AVUV is Small Cap Value Equities. They also come from different issuers: Invesco and Avantis. Their fees differ too: 0.19% for IUS and 0.25% for AVUV.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (3.26 vs 2.10), 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.