PEMX vs. AVES
Compare and contrast key facts about Putnam Emerging Markets Ex-China ETF (PEMX) and Avantis Emerging Markets Value ETF (AVES).
PEMX and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PEMX is an actively managed fund by Putnam. It was launched on May 17, 2023. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEMX or AVES.
Correlation
The correlation between PEMX and AVES is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PEMX vs. AVES - Performance Comparison
Key characteristics
PEMX:
0.71
AVES:
0.37
PEMX:
1.04
AVES:
0.60
PEMX:
1.13
AVES:
1.08
PEMX:
0.93
AVES:
0.41
PEMX:
2.91
AVES:
0.99
PEMX:
3.76%
AVES:
5.44%
PEMX:
15.44%
AVES:
14.80%
PEMX:
-11.81%
AVES:
-27.40%
PEMX:
-4.65%
AVES:
-8.07%
Returns By Period
In the year-to-date period, PEMX achieves a 0.42% return, which is significantly lower than AVES's 2.60% return.
PEMX
0.42%
-2.38%
-1.97%
10.34%
N/A
N/A
AVES
2.60%
2.27%
-1.89%
4.52%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PEMX vs. AVES - Expense Ratio Comparison
PEMX has a 0.85% expense ratio, which is higher than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
PEMX vs. AVES — Risk-Adjusted Performance Rank
PEMX
AVES
PEMX vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Emerging Markets Ex-China ETF (PEMX) and Avantis Emerging Markets Value ETF (AVES). 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.
Dividends
PEMX vs. AVES - Dividend Comparison
PEMX's dividend yield for the trailing twelve months is around 4.98%, more than AVES's 3.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
PEMX Putnam Emerging Markets Ex-China ETF | 4.98% | 5.00% | 0.72% | 0.00% | 0.00% |
AVES Avantis Emerging Markets Value ETF | 3.99% | 4.09% | 3.96% | 3.70% | 0.62% |
Drawdowns
PEMX vs. AVES - Drawdown Comparison
The maximum PEMX drawdown since its inception was -11.81%, smaller than the maximum AVES drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for PEMX and AVES. For additional features, visit the drawdowns tool.
Volatility
PEMX vs. AVES - Volatility Comparison
Putnam Emerging Markets Ex-China ETF (PEMX) has a higher volatility of 4.23% compared to Avantis Emerging Markets Value ETF (AVES) at 3.02%. This indicates that PEMX's price experiences larger fluctuations and is considered to be riskier than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.