OUSM vs. AVUQ

Last updated Aug 4, 2026

OUSM (OShares U.S. Small-Cap Quality Dividend ETF) and AVUQ (Avantis U.S. Quality ETF) are both Quality Factor funds. OUSM is passively managed, while AVUQ is actively managed. Over the past year, OUSM returned 17.33% vs 21.48% for AVUQ. Their 0.51 correlation means they have sometimes moved together and sometimes differently. OUSM charges 0.48%/yr vs 0.15%/yr for AVUQ.

Performance

OUSM vs. AVUQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OShares U.S. Small-Cap Quality Dividend ETF (OUSM) and Avantis U.S. Quality ETF (AVUQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OUSM achieves a 13.55% return, which is significantly higher than AVUQ's 10.84% return.

OUSM

• 1D: 1.07%
• 1M: 3.02%
• 6M: 8.44%
• YTD: 13.55%
• 1Y: 17.33%
• 3Y*: 12.20%
• 5Y*: 8.65%
• 10Y*: —
• ALL TIME*: 9.48%

AVUQ

• 1D: 1.79%
• 1M: 1.73%
• 6M: 8.78%
• YTD: 10.84%
• 1Y: 21.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVUQ Avantis U.S. Quality ETF	$1.44M	$1.08M	$1.47M
OUSM OShares U.S. Small-Cap Quality Dividend ETF	$4.86M	$3.68M	$3.03M

OUSM vs. AVUQ - Yearly Performance Comparison

	2026 (YTD)	2025
OUSM OShares U.S. Small-Cap Quality Dividend ETF	13.55%	3.90%
AVUQ Avantis U.S. Quality ETF	10.84%	21.84%

Correlation

The correlation between OUSM and AVUQ is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	0.51

The correlation between OUSM and AVUQ has been stable across timeframes, ranging from 0.42 to 0.51 - a consistent structural relationship.

OUSM vs. AVUQ - Sectors Allocation Comparison

Sectors	OUSM	AVUQ
Industrials	24.2%	8.9%
Financial Services	21.7%	5.5%
Consumer Cyclical	21.0%	13.3%
Technology	11.4%	47.2%
Healthcare	8.0%	5.7%
Consumer Defensive	4.3%	3.2%
Utilities	4.1%	0.7%
Communication Services	3.5%	12.2%
Basic Materials	1.5%	1.1%
Energy	0.3%	2.1%
Real Estate	-	0.1%

Return for Risk

OUSM vs. AVUQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OUSM

OUSM Risk / Return Rank: 52
OUSM Sharpe Ratio Rank: 52
OUSM Sortino Ratio Rank: 59
OUSM Omega Ratio Rank: 50
OUSM Calmar Ratio Rank: 50
OUSM Martin Ratio Rank: 47

AVUQ

AVUQ Risk / Return Rank: 51
AVUQ Sharpe Ratio Rank: 51
AVUQ Sortino Ratio Rank: 50
AVUQ Omega Ratio Rank: 47
AVUQ Calmar Ratio Rank: 51
AVUQ Martin Ratio Rank: 54

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OUSM vs. AVUQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OShares U.S. Small-Cap Quality Dividend ETF (OUSM) and Avantis U.S. Quality ETF (AVUQ). 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.

	OUSM	AVUQ	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.29	+0.03
Sortino ratio: Return per unit of downside risk	2.10	1.85	+0.25
Omega ratio: Gain probability vs. loss probability	1.24	1.22	+0.01
Calmar ratio: Return relative to maximum drawdown	1.89	1.86	+0.03
Martin ratio: Return relative to average drawdown	5.58	6.70	-1.12

OUSM vs. AVUQ - Sharpe Ratio Comparison

The current OUSM Sharpe Ratio is 1.33, which is comparable to the AVUQ Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of OUSM and AVUQ, 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

OUSM vs. AVUQ - Drawdown Comparison

The maximum OUSM drawdown since its inception was -39.84%, which is greater than AVUQ's maximum drawdown of -12.35%. Use the drawdown chart below to compare losses from any high point for OUSM and AVUQ.

Drawdown Indicators

	OUSM	AVUQ	Difference
Max Drawdown Largest peak-to-trough decline	-39.84%	-12.35%	-27.49%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-11.61%	+2.40%
Max Drawdown (3Y) Largest decline over 3 years	-19.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.44%	—	—
Current Drawdown Current decline from peak	-0.75%	-1.31%	+0.56%
Average Drawdown Average peak-to-trough decline	-5.14%	-2.24%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	3.21%	-0.10%

Volatility

OUSM vs. AVUQ - Volatility Comparison

The current volatility for OShares U.S. Small-Cap Quality Dividend ETF (OUSM) is 4.17%, while Avantis U.S. Quality ETF (AVUQ) has a volatility of 5.21%. This indicates that OUSM experiences smaller price fluctuations and is considered to be less risky than AVUQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OUSM	AVUQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	5.21%	-1.04%
Volatility (6M) Calculated over the trailing 6-month period	9.36%	13.15%	-3.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.13%	16.70%	-3.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	19.44%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.85%	19.44%	-0.59%

OUSM vs. AVUQ - Expense Ratio Comparison

OUSM has a 0.48% expense ratio, which is higher than AVUQ's 0.15% expense ratio.

Dividends

OUSM vs. AVUQ - Dividend Comparison

OUSM's dividend yield for the trailing twelve months is around 1.91%, more than AVUQ's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVUQ Avantis U.S. Quality ETF	0.30%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	1.91%	2.09%	1.62%	1.64%	1.98%	1.55%	2.02%	1.99%	2.63%	2.17%

Frequently Asked Questions

Can I hold both OUSM and AVUQ in my portfolio?

OUSM and AVUQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OUSM or AVUQ?

AVUQ has higher volatility (5.21%) compared to OUSM (4.17%). In terms of maximum drawdown, OUSM dropped -39.84% vs AVUQ's -12.35%.

Which ETF is better, OUSM or AVUQ?

On 1-year performance, AVUQ leads with 21.48% vs 17.33% for OUSM. On fees, AVUQ is cheaper at 0.15% per year. On volatility, OUSM has been the lower-risk option at 4.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OUSM or AVUQ?

Over the 1-year period, AVUQ has performed better with a 21.48% return vs 17.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OUSM or AVUQ?

AVUQ is cheaper with a 0.15% expense ratio, compared with 0.48% for OUSM.

Which ETF pays a higher dividend yield, OUSM or AVUQ?

OUSM has the higher dividend yield at 1.91%, compared with 0.30% for AVUQ.

What is the main difference between OUSM and AVUQ?

They also come from different issuers: O'Shares Investments and Avantis. Their fees differ too: 0.48% for OUSM and 0.15% for AVUQ.

Which has better risk-adjusted returns?

OUSM currently has the higher Sharpe Ratio (1.33 vs 1.29), 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.