NVIT vs. AVIE

Last updated Jun 24, 2026

NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both exchange-traded funds - NVIT is a Derivative Income fund actively managed by YieldMax, while AVIE is a Large Cap Blend Equities fund actively managed by Avantis. Both are actively managed. At a correlation of -0.09, they often move in opposite directions. NVIT charges 1.08%/yr vs 0.25%/yr for AVIE.

Performance

NVIT vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) 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, NVIT achieves a 9.26% return, which is significantly lower than AVIE's 13.10% return.

NVIT

• 1D: -2.90%
• 1M: -5.21%
• YTD: 9.26%
• 6M: 8.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVIE

• 1D: 0.74%
• 1M: -1.10%
• YTD: 13.10%
• 6M: 12.71%
• 1Y: 23.20%
• 3Y*: 13.16%
• 5Y*: —
• 10Y*: —

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

NVIT vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF	9.26%	3.04%
AVIE Avantis Inflation Focused Equity ETF	13.10%	2.46%

Correlation

The correlation between NVIT and AVIE is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	-0.09

Return for Risk

NVIT vs. AVIE — Risk / Return Rank

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

NVIT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AVIE

AVIE Risk / Return Rank: 80
AVIE Sharpe Ratio Rank: 79
AVIE Sortino Ratio Rank: 81
AVIE Omega Ratio Rank: 75
AVIE Calmar Ratio Rank: 87
AVIE Martin Ratio Rank: 78

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.

NVIT vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) 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.

	NVIT	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	—	2.34	—
Sortino ratio: Return per unit of downside risk	—	3.34	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	4.69	—
Martin ratio: Return relative to average drawdown	—	14.23	—

Drawdowns

NVIT vs. AVIE - Drawdown Comparison

The maximum NVIT drawdown since its inception was -12.15%, roughly equal to the maximum AVIE drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for NVIT and AVIE.

Drawdown Indicators

	NVIT	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-12.15%	-12.39%	+0.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.39%	—
Current Drawdown Current decline from peak	-11.76%	-1.66%	-10.10%
Average Drawdown Average peak-to-trough decline	-3.43%	-3.00%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.63%	—

Volatility

Volatility by Period

	NVIT	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.83%	9.97%	+19.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.83%	12.90%	+16.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.83%	12.90%	+16.93%

NVIT vs. AVIE - Expense Ratio Comparison

NVIT has a 1.08% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

NVIT vs. AVIE - Dividend Comparison

NVIT's dividend yield for the trailing twelve months is around 14.77%, more than AVIE's 1.87% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.87%	1.75%	1.89%	3.72%	0.39%
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF	14.77%	2.37%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVIT and AVIE in my portfolio?

NVIT and AVIE have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVIT or AVIE?

On fees, AVIE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVIT or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 1.08% for NVIT.

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

NVIT has the higher dividend yield at 14.77%, compared with 1.87% for AVIE.

What is the main difference between NVIT and AVIE?

NVIT is categorized as Derivative Income, while AVIE is Large Cap Blend Equities. They also come from different issuers: YieldMax and Avantis. Their fees differ too: 1.08% for NVIT and 0.25% for AVIE.