KOOL vs. AVIE

Last updated Jun 6, 2026

KOOL (North Shore Equity Rotation ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, KOOL returned 27.29% vs 25.64% for AVIE. At a 0.40 correlation, their price movements are largely independent. KOOL charges 0.94%/yr vs 0.25%/yr for AVIE.

Performance

KOOL vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Shore Equity Rotation ETF (KOOL) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KOOL achieves a 12.06% return, which is significantly lower than AVIE's 13.51% return.

KOOL

• 1D: -3.11%
• 1M: -3.23%
• YTD: 12.06%
• 6M: 10.26%
• 1Y: 27.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVIE

• 1D: -0.28%
• 1M: 1.20%
• YTD: 13.51%
• 6M: 14.59%
• 1Y: 25.64%
• 3Y*: 13.34%
• 5Y*: —
• 10Y*: —

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

KOOL vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KOOL North Shore Equity Rotation ETF	12.06%	16.05%	10.71%
AVIE Avantis Inflation Focused Equity ETF	13.51%	11.37%	-2.88%

Correlation

The correlation between KOOL and AVIE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Apr 3, 2024	0.40

The correlation between KOOL and AVIE shifts across timeframes, from 0.27 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

KOOL vs. AVIE - Sectors Allocation Comparison

Sectors	KOOL	AVIE
Technology	22.9%	0.1%
Energy	13.9%	30.1%
Industrials	13.6%	1.1%
Healthcare	8.6%	26.3%
Consumer Cyclical	8.1%	0.1%
Communication Services	7.9%	-
Financial Services	7.6%	15.0%
Utilities	6.3%	0.1%
Basic Materials	4.8%	9.8%
Consumer Defensive	3.8%	17.1%
Real Estate	2.5%	0.1%

Return for Risk

KOOL vs. AVIE — Risk / Return Rank

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

KOOL

KOOL Risk / Return Rank: 72
KOOL Sharpe Ratio Rank: 67
KOOL Sortino Ratio Rank: 65
KOOL Omega Ratio Rank: 66
KOOL Calmar Ratio Rank: 79
KOOL Martin Ratio Rank: 83

AVIE

AVIE Risk / Return Rank: 85
AVIE Sharpe Ratio Rank: 84
AVIE Sortino Ratio Rank: 87
AVIE Omega Ratio Rank: 81
AVIE Calmar Ratio Rank: 89
AVIE Martin Ratio Rank: 83

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.

KOOL vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Shore Equity Rotation ETF (KOOL) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	KOOL	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.61	-0.55
Sortino ratio: Return per unit of downside risk	2.78	3.75	-0.96
Omega ratio: Gain probability vs. loss probability	1.37	1.46	-0.10
Calmar ratio: Return relative to maximum drawdown	3.82	5.18	-1.37
Martin ratio: Return relative to average drawdown	15.52	15.91	-0.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KOOL vs. AVIE - Sharpe Ratio Comparison

The current KOOL Sharpe Ratio is 2.06, which is comparable to the AVIE Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of KOOL and AVIE, 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

	KOOL	AVIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.61	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	1.06	+0.01

Drawdowns

KOOL vs. AVIE - Drawdown Comparison

The maximum KOOL drawdown since its inception was -20.46%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for KOOL and AVIE.

Drawdown Indicators

	KOOL	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-20.46%	-12.39%	-8.07%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	-4.97%	-2.21%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.39%	—
Current Drawdown Current decline from peak	-3.70%	-0.74%	-2.96%
Average Drawdown Average peak-to-trough decline	-2.51%	-3.03%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	1.62%	+0.14%

Volatility

KOOL vs. AVIE - Volatility Comparison

North Shore Equity Rotation ETF (KOOL) has a higher volatility of 4.63% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.07%. This indicates that KOOL's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOOL	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	3.07%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	10.81%	7.18%	+3.63%
Volatility (1Y) Calculated over the trailing 1-year period	13.31%	9.89%	+3.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	12.94%	+4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.06%	12.94%	+4.12%

KOOL vs. AVIE - Expense Ratio Comparison

KOOL has a 0.94% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

KOOL vs. AVIE - Dividend Comparison

KOOL's dividend yield for the trailing twelve months is around 0.36%, less than AVIE's 1.44% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.44%	1.75%	1.89%	3.72%	0.39%
KOOL North Shore Equity Rotation ETF	0.36%	0.37%	0.56%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KOOL and AVIE in my portfolio?

KOOL and AVIE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KOOL or AVIE?

KOOL has higher volatility (4.63%) compared to AVIE (3.07%). In terms of maximum drawdown, KOOL dropped -20.46% vs AVIE's -12.39%.

Which ETF is better, KOOL or AVIE?

On 1-year performance, KOOL leads with 27.29% vs 25.64% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOOL or AVIE?

Over the 1-year period, KOOL has performed better with a 27.29% return vs 25.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOOL or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.94% for KOOL.

Which ETF pays a higher dividend yield, KOOL or AVIE?

AVIE has the higher dividend yield at 1.44%, compared with 0.36% for KOOL.

What is the main difference between KOOL and AVIE?

They also come from different issuers: North Shore and Avantis. Their fees differ too: 0.94% for KOOL and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.61 vs 2.06), 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.