PWV vs. AVUV
Compare and contrast key facts about Invesco Dynamic Large Cap Value ETF (PWV) and Avantis U.S. Small Cap Value ETF (AVUV).
PWV and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PWV is a passively managed fund by Invesco that tracks the performance of the Dynamic Large Cap Value Intellidex Index (AMEX). It was launched on Mar 3, 2005. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PWV or AVUV.
Performance
PWV vs. AVUV - Performance Comparison
Returns By Period
In the year-to-date period, PWV achieves a 20.74% return, which is significantly higher than AVUV's 14.12% return.
PWV
20.74%
1.01%
8.66%
29.29%
11.06%
9.22%
AVUV
14.12%
3.10%
9.47%
28.48%
16.34%
N/A
Key characteristics
| PWV | AVUV | |
|---|---|---|
| Sharpe Ratio | 2.59 | 1.45 |
| Sortino Ratio | 3.71 | 2.18 |
| Omega Ratio | 1.47 | 1.27 |
| Calmar Ratio | 4.86 | 2.80 |
| Martin Ratio | 14.87 | 7.37 |
| Ulcer Index | 2.03% | 4.17% |
| Daily Std Dev | 11.67% | 21.14% |
| Max Drawdown | -49.04% | -49.42% |
| Current Drawdown | -0.54% | -3.46% |
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PWV vs. AVUV - Expense Ratio Comparison
PWV has a 0.58% expense ratio, which is higher than AVUV's 0.25% expense ratio.
Correlation
The correlation between PWV and AVUV is 0.84, 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.
Risk-Adjusted Performance
PWV vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Large Cap Value ETF (PWV) and Avantis U.S. 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.
Dividends
PWV vs. AVUV - Dividend Comparison
PWV's dividend yield for the trailing twelve months is around 1.92%, more than AVUV's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWV Invesco Dynamic Large Cap Value ETF | 1.92% | 2.16% | 2.29% | 1.89% | 2.66% | 2.24% | 2.34% | 1.55% | 2.35% | 2.42% | 1.93% | 1.82% |
AVUV Avantis U.S. Small Cap Value ETF | 1.54% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PWV vs. AVUV - Drawdown Comparison
The maximum PWV drawdown since its inception was -49.04%, roughly equal to the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for PWV and AVUV. For additional features, visit the drawdowns tool.
Volatility
PWV vs. AVUV - Volatility Comparison
The current volatility for Invesco Dynamic Large Cap Value ETF (PWV) is 4.46%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 8.73%. This indicates that PWV experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.