JASCX vs. AVUVX

Last updated Jun 4, 2026

JASCX (James Small Cap Fund) and AVUVX (Avantis U.S. Small Cap Value Fund) are both Small Cap Value Equities funds. Over the past 5 years, JASCX returned 12.92%/yr vs 11.18%/yr for AVUVX. Their correlation of 0.93 suggests significant overlap in exposure. JASCX charges 1.56%/yr vs 0.25%/yr for AVUVX.

Performance

JASCX vs. AVUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in James Small Cap Fund (JASCX) and Avantis U.S. Small Cap Value Fund (AVUVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JASCX achieves a 14.90% return, which is significantly lower than AVUVX's 19.42% return.

JASCX

• 1D: 1.09%
• 1M: 3.48%
• YTD: 14.90%
• 6M: 14.12%
• 1Y: 30.46%
• 3Y*: 21.83%
• 5Y*: 12.92%
• 10Y*: 9.93%

AVUVX

• 1D: 0.88%
• 1M: 2.78%
• YTD: 19.42%
• 6M: 18.81%
• 1Y: 39.51%
• 3Y*: 19.95%
• 5Y*: 11.18%
• 10Y*: —

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

JASCX vs. AVUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
JASCX James Small Cap Fund	14.90%	12.66%	18.11%	25.15%	-11.68%	38.79%	-1.12%	2.42%
AVUVX Avantis U.S. Small Cap Value Fund	19.42%	8.88%	8.83%	22.96%	-4.74%	40.31%	10.64%	4.95%

Correlation

The correlation between JASCX and AVUVX is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 5, 2019	0.93

The correlation between JASCX and AVUVX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

JASCX vs. AVUVX — Risk / Return Rank

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

JASCX

JASCX Risk / Return Rank: 54
JASCX Sharpe Ratio Rank: 47
JASCX Sortino Ratio Rank: 50
JASCX Omega Ratio Rank: 43
JASCX Calmar Ratio Rank: 77
JASCX Martin Ratio Rank: 52

AVUVX

AVUVX Risk / Return Rank: 72
AVUVX Sharpe Ratio Rank: 66
AVUVX Sortino Ratio Rank: 65
AVUVX Omega Ratio Rank: 55
AVUVX Calmar Ratio Rank: 92
AVUVX Martin Ratio Rank: 82

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.

JASCX vs. AVUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for James Small Cap Fund (JASCX) and Avantis U.S. Small Cap Value Fund (AVUVX). 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.

	JASCX	AVUVX	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.37	-0.35
Sortino ratio: Return per unit of downside risk	2.99	3.36	-0.38
Omega ratio: Gain probability vs. loss probability	1.35	1.41	-0.05
Calmar ratio: Return relative to maximum drawdown	3.49	5.06	-1.57
Martin ratio: Return relative to average drawdown	10.66	15.44	-4.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JASCX vs. AVUVX - Sharpe Ratio Comparison

The current JASCX Sharpe Ratio is 2.03, which is comparable to the AVUVX Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of JASCX and AVUVX, 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

	JASCX	AVUVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	2.37	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.49	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.58	-0.16

Drawdowns

JASCX vs. AVUVX - Drawdown Comparison

The maximum JASCX drawdown since its inception was -59.21%, which is greater than AVUVX's maximum drawdown of -50.24%. Use the drawdown chart below to compare losses from any high point for JASCX and AVUVX.

Drawdown Indicators

	JASCX	AVUVX	Difference
Max Drawdown Largest peak-to-trough decline	-59.21%	-50.24%	-8.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.09%	-8.25%	-0.84%
Max Drawdown (3Y) Largest decline over 3 years	-19.78%	-28.81%	+9.03%
Max Drawdown (5Y) Largest decline over 5 years	-22.24%	-28.81%	+6.57%
Max Drawdown (10Y) Largest decline over 10 years	-52.56%	—	—
Current Drawdown Current decline from peak	-0.27%	0.00%	-0.27%
Average Drawdown Average peak-to-trough decline	-10.73%	-7.74%	-2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.70%	+0.27%

Volatility

JASCX vs. AVUVX - Volatility Comparison

James Small Cap Fund (JASCX) has a higher volatility of 5.31% compared to Avantis U.S. Small Cap Value Fund (AVUVX) at 4.29%. This indicates that JASCX's price experiences larger fluctuations and is considered to be riskier than AVUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JASCX	AVUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	4.29%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	11.48%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	17.60%	-1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.90%	22.74%	-3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.14%	28.80%	-7.66%

JASCX vs. AVUVX - Expense Ratio Comparison

JASCX has a 1.56% expense ratio, which is higher than AVUVX's 0.25% expense ratio.

Dividends

JASCX vs. AVUVX - Dividend Comparison

JASCX's dividend yield for the trailing twelve months is around 2.95%, less than AVUVX's 5.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUVX Avantis U.S. Small Cap Value Fund	5.94%	7.09%	4.11%	1.57%	8.07%	5.83%	0.73%	0.14%	0.00%	0.00%	0.00%	0.00%
JASCX James Small Cap Fund	2.95%	3.39%	6.62%	0.58%	6.51%	0.28%	0.52%	0.00%	10.24%	24.98%	0.48%	4.40%

Frequently Asked Questions

Can I hold both JASCX and AVUVX in my portfolio?

With a correlation of 0.92, JASCX and AVUVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JASCX or AVUVX?

JASCX has higher volatility (5.31%) compared to AVUVX (4.29%). In terms of maximum drawdown, JASCX dropped -59.21% vs AVUVX's -50.24%.

Which has better risk-adjusted returns?

AVUVX currently has the higher Sharpe Ratio (2.37 vs 2.03), 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.