PY vs. AVUS
Compare and contrast key facts about Principal Value ETF (PY) and Avantis U.S. Equity ETF (AVUS).
PY and AVUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PY is a passively managed fund by Principal that tracks the performance of the NASDAQ U.S. Shareholder Yield Index. It was launched on Mar 21, 2016. AVUS 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: PY or AVUS.
Key characteristics
| PY | AVUS | |
|---|---|---|
| YTD Return | 20.10% | 23.09% |
| 1Y Return | 30.27% | 32.64% |
| 3Y Return (Ann) | 7.91% | 8.98% |
| 5Y Return (Ann) | 12.66% | 15.21% |
| Sharpe Ratio | 2.67 | 2.59 |
| Sortino Ratio | 3.72 | 3.51 |
| Omega Ratio | 1.48 | 1.48 |
| Calmar Ratio | 4.62 | 3.81 |
| Martin Ratio | 16.07 | 15.77 |
| Ulcer Index | 1.94% | 2.10% |
| Daily Std Dev | 11.68% | 12.76% |
| Max Drawdown | -45.44% | -37.04% |
| Current Drawdown | -0.62% | -1.18% |
Correlation
The correlation between PY and AVUS is 0.80, 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
PY vs. AVUS - Performance Comparison
In the year-to-date period, PY achieves a 20.10% return, which is significantly lower than AVUS's 23.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PY vs. AVUS - Expense Ratio Comparison
Both PY and AVUS have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
PY vs. AVUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Value ETF (PY) and Avantis U.S. Equity ETF (AVUS). 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
PY vs. AVUS - Dividend Comparison
PY's dividend yield for the trailing twelve months is around 2.14%, more than AVUS's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
PY Principal Value ETF | 2.14% | 2.68% | 3.02% | 2.83% | 2.95% | 2.29% | 2.35% | 1.69% | 1.95% |
AVUS Avantis U.S. Equity ETF | 1.24% | 1.41% | 1.60% | 1.08% | 1.19% | 0.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
PY vs. AVUS - Drawdown Comparison
The maximum PY drawdown since its inception was -45.44%, which is greater than AVUS's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for PY and AVUS. For additional features, visit the drawdowns tool.
Volatility
PY vs. AVUS - Volatility Comparison
The current volatility for Principal Value ETF (PY) is 4.11%, while Avantis U.S. Equity ETF (AVUS) has a volatility of 4.47%. This indicates that PY experiences smaller price fluctuations and is considered to be less risky than AVUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.