MFG vs. AVDV

Last updated Jun 13, 2026

MFG (Mizuho Financial Group, Inc.) is a stock, while AVDV (Avantis International Small Cap Value ETF) is Foreign Small & Mid Cap Equities fund actively managed by Avantis. Over the past 5 years, MFG returned 30.84%/yr vs 13.63%/yr for AVDV. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

MFG vs. AVDV - Performance Comparison

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

Returns By Period

In the year-to-date period, MFG achieves a 32.24% return, which is significantly higher than AVDV's 14.99% return.

MFG

• 1D: 1.68%
• 1M: 11.39%
• YTD: 32.24%
• 6M: 31.34%
• 1Y: 78.46%
• 3Y*: 51.80%
• 5Y*: 30.84%
• 10Y*: 15.72%

AVDV

• 1D: 0.89%
• 1M: -1.99%
• YTD: 14.99%
• 6M: 17.18%
• 1Y: 41.91%
• 3Y*: 26.72%
• 5Y*: 13.63%
• 10Y*: —

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

MFG vs. AVDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MFG Mizuho Financial Group, Inc.	32.24%	54.60%	47.85%	26.14%	17.09%	2.40%	-15.06%	-1.90%
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 MFG and AVDV is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.54

The correlation between MFG and AVDV has been stable across timeframes, ranging from 0.52 to 0.58 - a consistent structural relationship.

Return for Risk

MFG vs. AVDV — Risk / Return Rank

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

MFG

MFG Risk / Return Rank: 89
MFG Sharpe Ratio Rank: 93
MFG Sortino Ratio Rank: 91
MFG Omega Ratio Rank: 90
MFG Calmar Ratio Rank: 84
MFG Martin Ratio Rank: 85

AVDV

AVDV Risk / Return Rank: 81
AVDV Sharpe Ratio Rank: 88
AVDV Sortino Ratio Rank: 86
AVDV Omega Ratio Rank: 86
AVDV Calmar Ratio Rank: 71
AVDV Martin Ratio Rank: 76

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.

MFG vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mizuho Financial Group, Inc. (MFG) 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.

	MFG	AVDV	Difference
Sharpe ratio: Return per unit of total volatility	2.51	2.53	-0.03
Sortino ratio: Return per unit of downside risk	3.18	3.36	-0.18
Omega ratio: Gain probability vs. loss probability	1.40	1.46	-0.06
Calmar ratio: Return relative to maximum drawdown	3.11	3.12	-0.01
Martin ratio: Return relative to average drawdown	8.25	12.44	-4.20

MFG vs. AVDV - Sharpe Ratio Comparison

The current MFG Sharpe Ratio is 2.51, which is comparable to the AVDV Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of MFG 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.

Drawdowns

MFG vs. AVDV - Drawdown Comparison

The maximum MFG drawdown since its inception was -80.57%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for MFG and AVDV.

Drawdown Indicators

	MFG	AVDV	Difference
Max Drawdown Largest peak-to-trough decline	-80.57%	-43.01%	-37.56%
Max Drawdown (1Y) Largest decline over 1 year	-24.78%	-13.19%	-11.59%
Max Drawdown (3Y) Largest decline over 3 years	-28.33%	-14.17%	-14.16%
Max Drawdown (5Y) Largest decline over 5 years	-28.33%	-28.08%	-0.25%
Max Drawdown (10Y) Largest decline over 10 years	-49.87%	—	—
Current Drawdown Current decline from peak	-4.06%	-2.24%	-1.82%
Average Drawdown Average peak-to-trough decline	-60.82%	-6.76%	-54.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.31%	3.30%	+6.01%

Volatility

MFG vs. AVDV - Volatility Comparison

Mizuho Financial Group, Inc. (MFG) has a higher volatility of 10.09% compared to Avantis International Small Cap Value ETF (AVDV) at 6.26%. This indicates that MFG'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.

Volatility by Period

	MFG	AVDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.09%	6.26%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	24.20%	13.88%	+10.32%
Volatility (1Y) Calculated over the trailing 1-year period	30.69%	16.25%	+14.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.66%	17.41%	+12.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.49%	19.77%	+6.72%

Dividends

MFG vs. AVDV - Dividend Comparison

MFG's dividend yield for the trailing twelve months is around 0.96%, less than AVDV's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
MFG Mizuho Financial Group, Inc.	0.96%	2.68%	3.20%	3.73%	4.34%	2.76%	2.71%	0.00%	0.00%	1.86%	3.77%	3.10%

Frequently Asked Questions

Can I hold both MFG and AVDV in my portfolio?

MFG and AVDV have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MFG or AVDV?

MFG has higher volatility (10.09%) compared to AVDV (6.26%). In terms of maximum drawdown, MFG dropped -80.57% vs AVDV's -43.01%.

Which has better risk-adjusted returns?

AVDV currently has the higher Sharpe Ratio (2.53 vs 2.51), 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.