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IXN vs. AVDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IXN vs. AVDV

Last updated Jun 13, 2026

IXN (iShares Global Tech ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - IXN is a Technology Equities fund tracking the S&P Global Information Technology Sector Index, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. IXN is passively managed, while AVDV is actively managed. Over the past 5 years, IXN returned 21.51%/yr vs 13.63%/yr for AVDV. A 0.60 correlation means they provide meaningful diversification when combined. IXN charges 0.46%/yr vs 0.36%/yr for AVDV.

Performance

IXN vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Tech ETF (IXN) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IXN achieves a 33.08% return, which is significantly higher than AVDV's 14.99% return.

IXN

1D
0.42%
1M
4.83%
YTD
33.08%
6M
35.17%
1Y
60.27%
3Y*
32.38%
5Y*
21.51%
10Y*
25.03%

AVDV

1D
0.89%
1M
-1.95%
YTD
14.99%
6M
17.18%
1Y
40.93%
3Y*
26.72%
5Y*
13.63%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IXN vs. AVDV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IXN
iShares Global Tech ETF		33.08%25.25%24.84%52.98%-29.86%29.58%43.62%14.42%
AVDV
Avantis International Small Cap Value ETF		14.99%49.37%8.67%16.85%-11.47%15.80%5.01%11.78%

Correlation

The correlation between IXN and AVDV is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.59

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2019

0.60

The correlation between IXN and AVDV has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.

IXN vs. AVDV - Sectors Allocation Comparison

Sectors
IXN
AVDV

Technology

99.3%
6.4%

Industrials

0.2%
21.3%

Energy

0.1%
10.8%

Healthcare

0.1%
2.1%

Real Estate

0.0%
1.1%

Basic Materials

-

22.5%

Communication Services

-

2.0%

Consumer Cyclical

-

14.4%

Consumer Defensive

-

3.4%

Financial Services

-

13.7%

Utilities

-

1.7%

Technology

IXN
99.3%
AVDV
6.4%

Industrials

IXN
0.2%
AVDV
21.3%

Energy

IXN
0.1%
AVDV
10.8%

Healthcare

IXN
0.1%
AVDV
2.1%

Real Estate

IXN
0.0%
AVDV
1.1%

Basic Materials

IXN

-

AVDV
22.5%

Communication Services

IXN

-

AVDV
2.0%

Consumer Cyclical

IXN

-

AVDV
14.4%

Consumer Defensive

IXN

-

AVDV
3.4%

Financial Services

IXN

-

AVDV
13.7%

Utilities

IXN

-

AVDV
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Tech ETF

Avantis International Small Cap Value ETF

Often compared with IXN:
IXN vs. VGTIXN vs. QQQIXN vs. IGMIXN vs. XLKIXN vs. FTECIXN vs. VOOIXN vs. IETC
Often compared with AVDV:
AVDV vs. VXUSAVDV vs. AVDEAVDV vs. VSSAVDV vs. DISVXAVDV vs. AVDVXAVDV vs. ISVLAVDV vs. AVIV

Return for Risk

IXN vs. AVDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IXN
IXN Risk / Return Rank: 8484
Overall Rank
IXN Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
IXN Sortino Ratio Rank: 8080
Sortino Ratio Rank
IXN Omega Ratio Rank: 8181
Omega Ratio Rank
IXN Calmar Ratio Rank: 8888
Calmar Ratio Rank
IXN Martin Ratio Rank: 8383
Martin Ratio Rank
AVDV
AVDV Risk / Return Rank: 8181
Overall Rank
AVDV Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
AVDV Sortino Ratio Rank: 8686
Sortino Ratio Rank
AVDV Omega Ratio Rank: 8686
Omega Ratio Rank
AVDV Calmar Ratio Rank: 7171
Calmar Ratio Rank
AVDV Martin Ratio Rank: 7676
Martin Ratio Rank
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.

IXN vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) and Avantis International Small Cap Value ETF (AVDV). 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.

IXNAVDVDifference
Sharpe ratioReturn per unit of total volatility
2.52
2.53

-0.01

Sortino ratioReturn per unit of downside risk
3.09
3.36

-0.27

Omega ratioGain probability vs. loss probability

1.42

1.46

-0.04

Calmar ratioReturn relative to maximum drawdown

4.39

3.12

+1.27

Martin ratioReturn relative to average drawdown

14.35

12.44

+1.91

IXN vs. AVDV - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 2.52, which is comparable to the AVDV Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of IXN and AVDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IXN vs. AVDV - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for IXN and AVDV.

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Drawdown Indicators

IXNAVDVDifference

Max Drawdown

Largest peak-to-trough decline

-55.67%

-43.01%

-12.66%

Max Drawdown (1Y)

Largest decline over 1 year

-13.80%

-13.19%

-0.61%

Max Drawdown (3Y)

Largest decline over 3 years

-25.55%

-14.17%

-11.38%

Max Drawdown (5Y)

Largest decline over 5 years

-36.30%

-28.08%

-8.22%

Max Drawdown (10Y)

Largest decline over 10 years

-36.30%

—

—

Current Drawdown

Current decline from peak

-6.68%

-2.24%

-4.44%

Average Drawdown

Average peak-to-trough decline

-11.26%

-6.76%

-4.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.21%

3.30%

+0.91%

Volatility

IXN vs. AVDV - Volatility Comparison

iShares Global Tech ETF (IXN) has a higher volatility of 12.01% compared to Avantis International Small Cap Value ETF (AVDV) at 6.26%. This indicates that IXN's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IXNAVDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.01%

6.26%

+5.75%

Volatility (6M)

Calculated over the trailing 6-month period

20.45%

13.88%

+6.57%

Volatility (1Y)

Calculated over the trailing 1-year period

24.03%

16.25%

+7.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.19%

17.41%

+7.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.58%

19.77%

+4.81%

IXN vs. AVDV - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than AVDV's 0.36% expense ratio.

Dividends

IXN vs. AVDV - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.78%, less than AVDV's 4.11% yield.

PositionTTM20252024202320222021202020192018201720162015
AVDV
Avantis International Small Cap Value ETF		4.11%3.05%4.31%3.29%3.17%2.39%1.67%0.36%0.00%0.00%0.00%0.00%
IXN
iShares Global Tech ETF		0.78%1.04%0.43%0.55%0.81%0.58%0.63%1.06%0.94%0.93%1.03%1.12%

Frequently Asked Questions

IXN and AVDV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IXN has higher volatility (12.01%) compared to AVDV (6.26%). In terms of maximum drawdown, IXN dropped -55.67% vs AVDV's -43.01%.

On 5-year performance, IXN leads with 21.51% vs 13.63% for AVDV. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 6.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IXN has performed better with a 21.51% return vs 13.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AVDV is cheaper with a 0.36% expense ratio, compared with 0.46% for IXN.

AVDV has the higher dividend yield at 4.11%, compared with 0.78% for IXN.

IXN is categorized as Technology Equities, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.46% for IXN and 0.36% for AVDV.

AVDV currently has the higher Sharpe Ratio (2.53 vs 2.52), 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.

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