NTSE vs. AVUV

Last updated Jul 14, 2026

NTSE (WisdomTree Emerging Markets Efficient Core Fund) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - NTSE is a Diversified Portfolio fund actively managed by WisdomTree, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. Both are actively managed. Over the past 5 years, NTSE returned 5.07%/yr vs 12.95%/yr for AVUV. A 0.51 correlation means they provide meaningful diversification when combined. NTSE charges 0.38%/yr vs 0.25%/yr for AVUV.

Performance

NTSE vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Efficient Core Fund (NTSE) 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, NTSE achieves a 20.64% return, which is significantly lower than AVUV's 22.32% return.

NTSE

• 1D: -3.71%
• 1M: -5.38%
• 6M: 13.80%
• YTD: 20.64%
• 1Y: 41.31%
• 3Y*: 19.80%
• 5Y*: 5.07%
• 10Y*: —

AVUV

• 1D: 0.02%
• 1M: -0.33%
• 6M: 16.74%
• YTD: 22.32%
• 1Y: 32.56%
• 3Y*: 17.89%
• 5Y*: 12.95%
• 10Y*: —

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

NTSE vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NTSE WisdomTree Emerging Markets Efficient Core Fund	20.64%	36.29%	4.42%	9.47%	-26.31%	-5.67%
AVUV Avantis US Small Cap Value ETF	22.32%	7.44%	9.28%	22.82%	-4.91%	6.18%

Correlation

The correlation between NTSE and AVUV is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since May 20, 2021	0.51

The correlation between NTSE and AVUV has been stable across timeframes, ranging from 0.48 to 0.52 - a consistent structural relationship.

Return for Risk

NTSE vs. AVUV — Risk / Return Rank

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

NTSE

NTSE Risk / Return Rank: 68
NTSE Sharpe Ratio Rank: 66
NTSE Sortino Ratio Rank: 61
NTSE Omega Ratio Rank: 70
NTSE Calmar Ratio Rank: 73
NTSE Martin Ratio Rank: 70

AVUV

AVUV Risk / Return Rank: 78
AVUV Sharpe Ratio Rank: 75
AVUV Sortino Ratio Rank: 78
AVUV Omega Ratio Rank: 71
AVUV Calmar Ratio Rank: 88
AVUV Martin Ratio Rank: 80

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.

NTSE vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Efficient Core Fund (NTSE) 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.

	NTSE	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.89	-0.18
Sortino ratio: Return per unit of downside risk	2.29	2.75	-0.47
Omega ratio: Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio: Return relative to maximum drawdown	2.92	4.11	-1.19
Martin ratio: Return relative to average drawdown	10.13	12.22	-2.09

NTSE vs. AVUV - Sharpe Ratio Comparison

The current NTSE Sharpe Ratio is 1.71, which is comparable to the AVUV Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of NTSE 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

NTSE vs. AVUV - Drawdown Comparison

The maximum NTSE drawdown since its inception was -42.84%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for NTSE and AVUV.

Drawdown Indicators

	NTSE	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-42.84%	-49.42%	+6.58%
Max Drawdown (1Y) Largest decline over 1 year	-14.20%	-7.95%	-6.25%
Max Drawdown (3Y) Largest decline over 3 years	-18.73%	-28.79%	+10.06%
Max Drawdown (5Y) Largest decline over 5 years	-41.59%	-28.79%	-12.80%
Current Drawdown Current decline from peak	-9.79%	-0.78%	-9.01%
Average Drawdown Average peak-to-trough decline	-19.43%	-7.84%	-11.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	2.67%	+1.42%

Volatility

NTSE vs. AVUV - Volatility Comparison

WisdomTree Emerging Markets Efficient Core Fund (NTSE) has a higher volatility of 11.33% compared to Avantis US Small Cap Value ETF (AVUV) at 3.57%. This indicates that NTSE's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTSE	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.33%	3.57%	+7.76%
Volatility (6M) Calculated over the trailing 6-month period	22.24%	11.06%	+11.18%
Volatility (1Y) Calculated over the trailing 1-year period	24.30%	17.32%	+6.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.09%	22.54%	-2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	28.12%	-8.21%

NTSE vs. AVUV - Expense Ratio Comparison

NTSE has a 0.38% expense ratio, which is higher than AVUV's 0.25% expense ratio.

Dividends

NTSE vs. AVUV - Dividend Comparison

NTSE's dividend yield for the trailing twelve months is around 2.73%, more than AVUV's 1.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.26%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
NTSE WisdomTree Emerging Markets Efficient Core Fund	2.73%	3.35%	3.23%	2.44%	3.22%	2.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NTSE and AVUV in my portfolio?

NTSE and AVUV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NTSE or AVUV?

NTSE has higher volatility (11.33%) compared to AVUV (3.57%). In terms of maximum drawdown, NTSE dropped -42.84% vs AVUV's -49.42%.

Which ETF is better, NTSE or AVUV?

On 5-year performance, AVUV leads with 12.95% vs 5.07% for NTSE. On fees, AVUV is cheaper at 0.25% per year. On volatility, AVUV has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NTSE or AVUV?

Over the 5-year period, AVUV has performed better with a 12.95% return vs 5.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NTSE or AVUV?

AVUV is cheaper with a 0.25% expense ratio, compared with 0.38% for NTSE.

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

NTSE has the higher dividend yield at 2.73%, compared with 1.26% for AVUV.

What is the main difference between NTSE and AVUV?

NTSE is categorized as Diversified Portfolio, while AVUV is Small Cap Value Equities. They also come from different issuers: WisdomTree and Avantis. Their fees differ too: 0.38% for NTSE and 0.25% for AVUV.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (1.89 vs 1.71), 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.