MOAT vs. AVUV

Last updated Jun 14, 2026

MOAT (VanEck Morningstar Wide Moat ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. MOAT is passively managed, while AVUV is actively managed. Over the past 5 years, MOAT returned 7.78%/yr vs 11.57%/yr for AVUV. A 0.78 correlation means they provide meaningful diversification when combined. MOAT charges 0.47%/yr vs 0.25%/yr for AVUV.

Performance

MOAT vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat ETF (MOAT) and Avantis US Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOAT achieves a -0.66% return, which is significantly lower than AVUV's 22.73% return.

MOAT

• 1D: 0.41%
• 1M: 3.19%
• YTD: -0.66%
• 6M: -1.22%
• 1Y: 14.57%
• 3Y*: 10.55%
• 5Y*: 7.78%
• 10Y*: 13.47%

AVUV

• 1D: 0.96%
• 1M: 5.11%
• YTD: 22.73%
• 6M: 19.51%
• 1Y: 42.12%
• 3Y*: 19.24%
• 5Y*: 11.57%
• 10Y*: —

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

MOAT vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MOAT VanEck Morningstar Wide Moat ETF	-0.66%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	10.57%
AVUV Avantis US Small Cap Value ETF	22.73%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.54%

Correlation

The correlation between MOAT and AVUV is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.78

The correlation between MOAT and AVUV has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.

MOAT vs. AVUV - Sectors Allocation Comparison

Sectors	MOAT	AVUV
Technology	33.8%	7.4%
Consumer Defensive	17.0%	4.7%
Healthcare	15.9%	4.8%
Industrials	13.8%	13.6%
Financial Services	9.0%	26.1%
Consumer Cyclical	7.3%	18.7%
Communication Services	2.4%	3.1%
Real Estate	0.8%	0.7%
Basic Materials	-	5.1%
Energy	-	15.8%
Utilities	-	0.1%

Return for Risk

MOAT vs. AVUV — 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: 26
MOAT Calmar Ratio Rank: 24
MOAT Martin Ratio Rank: 26

AVUV

AVUV Risk / Return Rank: 84
AVUV Sharpe Ratio Rank: 83
AVUV Sortino Ratio Rank: 84
AVUV Omega Ratio Rank: 77
AVUV Calmar Ratio Rank: 91
AVUV Martin Ratio Rank: 85

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. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat ETF (MOAT) and Avantis US Small Cap Value ETF (AVUV). 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	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	0.91	2.28	-1.38
Sortino ratio: Return per unit of downside risk	1.39	3.24	-1.86
Omega ratio: Gain probability vs. loss probability	1.16	1.39	-0.24
Calmar ratio: Return relative to maximum drawdown	1.02	5.06	-4.05
Martin ratio: Return relative to average drawdown	3.11	15.09	-11.98

MOAT vs. AVUV - Sharpe Ratio Comparison

The current MOAT Sharpe Ratio is 0.91, which is lower than the AVUV Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of MOAT and AVUV, 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. AVUV - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for MOAT and AVUV.

Drawdown Indicators

	MOAT	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-49.42%	+16.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-7.95%	-4.48%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-28.79%	+7.35%
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	-28.79%	+4.83%
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	—	—
Current Drawdown Current decline from peak	-4.45%	0.00%	-4.45%
Average Drawdown Average peak-to-trough decline	-3.83%	-7.91%	+4.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	2.67%	+1.39%

Volatility

MOAT vs. AVUV - Volatility Comparison

The current volatility for VanEck Morningstar Wide Moat ETF (MOAT) is 4.13%, while Avantis US Small Cap Value ETF (AVUV) has a volatility of 4.53%. This indicates that MOAT experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOAT	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	4.53%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	11.34%	-1.44%
Volatility (1Y) Calculated over the trailing 1-year period	13.93%	17.63%	-3.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.20%	22.75%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	28.26%	-9.58%

MOAT vs. AVUV - Expense Ratio Comparison

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

Dividends

MOAT vs. AVUV - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.36%, less than AVUV's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUV Avantis US Small Cap Value ETF	1.61%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%	0.00%	0.00%	0.00%	0.00%
MOAT VanEck Morningstar Wide Moat ETF	1.36%	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 AVUV in my portfolio?

MOAT and AVUV have a correlation of 0.72, 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 AVUV?

AVUV has higher volatility (4.53%) compared to MOAT (4.13%). In terms of maximum drawdown, MOAT dropped -33.31% vs AVUV's -49.42%.

Which ETF is better, MOAT or AVUV?

On 5-year performance, AVUV leads with 11.57% vs 7.78% for MOAT. On fees, AVUV is cheaper at 0.25% per year. On volatility, MOAT has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOAT or AVUV?

Over the 5-year period, AVUV has performed better with a 11.57% return vs 7.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOAT or AVUV?

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

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

AVUV has the higher dividend yield at 1.61%, compared with 1.36% for MOAT.

What is the main difference between MOAT and AVUV?

MOAT is categorized as Large Cap Blend Equities, while AVUV is Small Cap Value Equities. They also come from different issuers: VanEck and Avantis. Their fees differ too: 0.47% for MOAT and 0.25% for AVUV.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.28 vs 0.91), 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.