OEF vs. AVIE

Last updated Jul 14, 2026

OEF (iShares S&P 100 ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. OEF is passively managed, while AVIE is actively managed. Over the past 3 years, OEF returned 22.03%/yr vs 13.54%/yr for AVIE. At a 0.41 correlation, their price movements are largely independent. OEF charges 0.20%/yr vs 0.25%/yr for AVIE.

Performance

OEF vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 100 ETF (OEF) 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, OEF achieves a 8.23% return, which is significantly lower than AVIE's 16.94% return.

OEF

• 1D: -0.78%
• 1M: 1.58%
• 6M: 7.11%
• YTD: 8.23%
• 1Y: 21.43%
• 3Y*: 22.03%
• 5Y*: 14.20%
• 10Y*: 16.21%

AVIE

• 1D: 1.05%
• 1M: 1.67%
• 6M: 14.10%
• YTD: 16.94%
• 1Y: 25.91%
• 3Y*: 13.54%
• 5Y*: —
• 10Y*: —

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

OEF vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OEF iShares S&P 100 ETF	8.23%	19.80%	30.74%	32.71%	1.35%
AVIE Avantis Inflation Focused Equity ETF	16.94%	11.37%	6.17%	4.19%	15.20%

Correlation

The correlation between OEF and AVIE is 0.08, 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 (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.41

Over the past year, the correlation between OEF and AVIE has dropped to 0.08 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.

Return for Risk

OEF vs. AVIE — Risk / Return Rank

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

OEF

OEF Risk / Return Rank: 57
OEF Sharpe Ratio Rank: 60
OEF Sortino Ratio Rank: 59
OEF Omega Ratio Rank: 60
OEF Calmar Ratio Rank: 49
OEF Martin Ratio Rank: 56

AVIE

AVIE Risk / Return Rank: 92
AVIE Sharpe Ratio Rank: 92
AVIE Sortino Ratio Rank: 93
AVIE Omega Ratio Rank: 90
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.

OEF vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 100 ETF (OEF) 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.

	OEF	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.55	-0.95
Sortino ratio: Return per unit of downside risk	2.21	3.70	-1.49
Omega ratio: Gain probability vs. loss probability	1.29	1.45	-0.16
Calmar ratio: Return relative to maximum drawdown	1.95	5.24	-3.29
Martin ratio: Return relative to average drawdown	7.59	16.43	-8.85

OEF vs. AVIE - Sharpe Ratio Comparison

The current OEF Sharpe Ratio is 1.60, which is lower than the AVIE Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of OEF 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

OEF vs. AVIE - Drawdown Comparison

The maximum OEF drawdown since its inception was -54.11%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for OEF and AVIE.

Drawdown Indicators

	OEF	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-54.11%	-12.39%	-41.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-4.97%	-6.09%
Max Drawdown (3Y) Largest decline over 3 years	-19.80%	-12.39%	-7.41%
Max Drawdown (5Y) Largest decline over 5 years	-26.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.44%	—	—
Current Drawdown Current decline from peak	-2.10%	-0.07%	-2.03%
Average Drawdown Average peak-to-trough decline	-11.72%	-2.97%	-8.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	1.60%	+1.23%

Volatility

OEF vs. AVIE - Volatility Comparison

iShares S&P 100 ETF (OEF) has a higher volatility of 4.31% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.66%. This indicates that OEF'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

	OEF	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	3.66%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	10.70%	7.47%	+3.23%
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	10.21%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.83%	12.90%	+4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	12.90%	+5.56%

OEF vs. AVIE - Expense Ratio Comparison

OEF has a 0.20% expense ratio, which is lower than AVIE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

OEF vs. AVIE - Dividend Comparison

OEF's dividend yield for the trailing twelve months is around 0.87%, less than AVIE's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVIE Avantis Inflation Focused Equity ETF	1.42%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OEF iShares S&P 100 ETF	0.87%	0.81%	1.03%	1.19%	1.55%	1.06%	1.43%	1.87%	2.09%	1.81%	2.07%	2.11%

Frequently Asked Questions

Can I hold both OEF and AVIE in my portfolio?

OEF and AVIE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OEF or AVIE?

OEF has higher volatility (4.31%) compared to AVIE (3.66%). In terms of maximum drawdown, OEF dropped -54.11% vs AVIE's -12.39%.

Which ETF is better, OEF or AVIE?

On 3-year performance, OEF leads with 22.03% vs 13.54% for AVIE. On fees, OEF is cheaper at 0.20% per year. On volatility, AVIE has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OEF or AVIE?

Over the 3-year period, OEF has performed better with a 22.03% return vs 13.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OEF or AVIE?

OEF is cheaper with a 0.20% expense ratio, compared with 0.25% for AVIE.

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

AVIE has the higher dividend yield at 1.42%, compared with 0.87% for OEF.

What is the main difference between OEF and AVIE?

They also come from different issuers: iShares and Avantis. Their fees differ too: 0.20% for OEF and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.55 vs 1.60), 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.