MOAT vs. AVIE

Last updated Jul 15, 2026

MOAT (VanEck Morningstar Wide Moat ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. MOAT is passively managed, while AVIE is actively managed. Over the past 3 years, MOAT returned 10.36%/yr vs 13.32%/yr for AVIE. A 0.60 correlation means they provide meaningful diversification when combined. MOAT charges 0.47%/yr vs 0.25%/yr for AVIE.

Performance

MOAT vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat ETF (MOAT) 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, MOAT achieves a 2.17% return, which is significantly lower than AVIE's 16.28% return.

MOAT

• 1D: -0.55%
• 1M: 2.85%
• 6M: -0.93%
• YTD: 2.17%
• 1Y: 11.60%
• 3Y*: 10.36%
• 5Y*: 8.59%
• 10Y*: 13.50%

AVIE

• 1D: -0.56%
• 1M: 1.10%
• 6M: 13.30%
• YTD: 16.28%
• 1Y: 25.47%
• 3Y*: 13.32%
• 5Y*: —
• 10Y*: —

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

MOAT vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MOAT VanEck Morningstar Wide Moat ETF	2.17%	13.20%	10.73%	31.89%	5.89%
AVIE Avantis Inflation Focused Equity ETF	16.28%	11.37%	6.17%	4.19%	15.20%

Correlation

The correlation between MOAT and AVIE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.60

Over the past year, the correlation between MOAT and AVIE has dropped to 0.40 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

MOAT vs. AVIE - Sectors Allocation Comparison

Sectors	MOAT	AVIE
Technology	33.8%	0.1%
Consumer Defensive	17.0%	17.1%
Healthcare	15.9%	26.3%
Industrials	13.8%	1.3%
Financial Services	9.0%	15.0%
Consumer Cyclical	7.3%	0.0%
Communication Services	2.4%	-
Real Estate	0.8%	0.1%
Basic Materials	-	9.8%
Energy	-	30.0%
Utilities	-	0.0%

Return for Risk

MOAT vs. AVIE — Risk / Return Rank

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

MOAT

MOAT Risk / Return Rank: 26
MOAT Sharpe Ratio Rank: 28
MOAT Sortino Ratio Rank: 28
MOAT Omega Ratio Rank: 25
MOAT Calmar Ratio Rank: 24
MOAT Martin Ratio Rank: 26

AVIE

AVIE Risk / Return Rank: 91
AVIE Sharpe Ratio Rank: 92
AVIE Sortino Ratio Rank: 93
AVIE Omega Ratio Rank: 89
AVIE Calmar Ratio Rank: 93
AVIE Martin Ratio Rank: 90

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.

MOAT vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat ETF (MOAT) 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.

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.

	MOAT	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	0.84	2.51	-1.67
Sortino ratio: Return per unit of downside risk	1.28	3.63	-2.35
Omega ratio: Gain probability vs. loss probability	1.15	1.44	-0.29
Calmar ratio: Return relative to maximum drawdown	0.94	5.15	-4.21
Martin ratio: Return relative to average drawdown	2.78	16.27	-13.49

MOAT vs. AVIE - Sharpe Ratio Comparison

The current MOAT Sharpe Ratio is 0.84, which is lower than the AVIE Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of MOAT 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.

Drawdowns

MOAT vs. AVIE - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for MOAT and AVIE.

Drawdown Indicators

	MOAT	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-12.39%	-20.92%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-4.97%	-7.46%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-12.39%	-9.05%
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	—	—
Current Drawdown Current decline from peak	-1.73%	-0.63%	-1.10%
Average Drawdown Average peak-to-trough decline	-3.83%	-2.97%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.18%	1.58%	+2.60%

Volatility

MOAT vs. AVIE - Volatility Comparison

VanEck Morningstar Wide Moat ETF (MOAT) has a higher volatility of 4.09% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.73%. This indicates that MOAT'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

	MOAT	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	3.73%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	7.50%	+2.76%
Volatility (1Y) Calculated over the trailing 1-year period	13.91%	10.21%	+3.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	12.90%	+5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.60%	12.90%	+5.70%

MOAT vs. AVIE - Expense Ratio Comparison

MOAT has a 0.47% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

MOAT vs. AVIE - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.33%, less than AVIE's 1.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVIE Avantis Inflation Focused Equity ETF	1.43%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOAT VanEck Morningstar Wide Moat ETF	1.33%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Frequently Asked Questions

Can I hold both MOAT and AVIE in my portfolio?

MOAT and AVIE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOAT or AVIE?

MOAT has higher volatility (4.09%) compared to AVIE (3.73%). In terms of maximum drawdown, MOAT dropped -33.31% vs AVIE's -12.39%.

Which ETF is better, MOAT or AVIE?

On 3-year performance, AVIE leads with 13.32% vs 10.36% for MOAT. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOAT or AVIE?

Over the 3-year period, AVIE has performed better with a 13.32% return vs 10.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOAT or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.47% for MOAT.

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

AVIE has the higher dividend yield at 1.43%, compared with 1.33% for MOAT.

What is the main difference between MOAT and AVIE?

They also come from different issuers: VanEck and Avantis. Their fees differ too: 0.47% for MOAT and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.51 vs 0.84), 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.