MNVT vs. AVGV
MNVT (Moonvest ETF) and AVGV (Avantis All Equity Markets Value ETF) are both Global Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. MNVT charges 0.75%/yr vs 0.26%/yr for AVGV.
Performance
MNVT vs. AVGV - Performance Comparison
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Returns By Period
MNVT
- 1D
- -0.18%
- 1M
- -14.18%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGV
- 1D
- -0.58%
- 1M
- -0.22%
- YTD
- 16.44%
- 6M
- 16.44%
- 1Y
- 30.80%
- 3Y*
- 20.59%
- 5Y*
- —
- 10Y*
- —
MNVT vs. AVGV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MNVT Moonvest ETF | 19.73% |
AVGV Avantis All Equity Markets Value ETF | 9.51% |
Correlation
The correlation between MNVT and AVGV is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 18, 2026 | 0.60 |
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Return for Risk
MNVT vs. AVGV — Risk / Return Rank
MNVT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AVGV
MNVT vs. AVGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Moonvest ETF (MNVT) and Avantis All Equity Markets Value ETF (AVGV). 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.
| MNVT | AVGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.81 | — |
| Martin ratioReturn relative to average drawdown | — | 14.69 | — |
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Drawdowns
MNVT vs. AVGV - Drawdown Comparison
The maximum MNVT drawdown since its inception was -18.41%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for MNVT and AVGV.
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Drawdown Indicators
| MNVT | AVGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.41% | -17.03% | -1.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.12% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.03% | — |
Current DrawdownCurrent decline from peak | -14.18% | -2.02% | -12.16% |
Average DrawdownAverage peak-to-trough decline | -6.06% | -2.27% | -3.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.10% | — |
Volatility
MNVT vs. AVGV - Volatility Comparison
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Volatility by Period
| MNVT | AVGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.40% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 47.37% | 13.34% | +34.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.37% | 14.98% | +32.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.37% | 14.98% | +32.39% |
MNVT vs. AVGV - Expense Ratio Comparison
MNVT has a 0.75% expense ratio, which is higher than AVGV's 0.26% expense ratio.
Dividends
MNVT vs. AVGV - Dividend Comparison
MNVT has not paid dividends to shareholders, while AVGV's dividend yield for the trailing twelve months is around 1.64%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AVGV Avantis All Equity Markets Value ETF | 1.64% | 1.98% | 2.32% | 1.14% |
MNVT Moonvest ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MNVT and AVGV have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVGV is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVGV is cheaper with a 0.26% expense ratio, compared with 0.75% for MNVT.
AVGV has the higher dividend yield at 1.64%, compared with 0.00% for MNVT.
They also come from different issuers: Moonvest and Avantis. Their fees differ too: 0.75% for MNVT and 0.26% for AVGV.
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