RAAX vs. AVDV
RAAX (VanEck Inflation Allocation ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - RAAX is a Diversified Portfolio fund actively managed by VanEck, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. Both are actively managed. Over the past 5 years, RAAX returned 13.17%/yr vs 13.63%/yr for AVDV. A 0.66 correlation means they provide meaningful diversification when combined. RAAX charges 0.78%/yr vs 0.36%/yr for AVDV.
Performance
RAAX vs. AVDV - Performance Comparison
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Returns By Period
In the year-to-date period, RAAX achieves a 17.64% return, which is significantly higher than AVDV's 14.99% return.
RAAX
- 1D
- 2.26%
- 1M
- -3.39%
- YTD
- 17.64%
- 6M
- 17.56%
- 1Y
- 32.08%
- 3Y*
- 21.35%
- 5Y*
- 13.17%
- 10Y*
- —
AVDV
- 1D
- 0.89%
- 1M
- 0.12%
- YTD
- 14.99%
- 6M
- 17.18%
- 1Y
- 41.91%
- 3Y*
- 26.72%
- 5Y*
- 13.63%
- 10Y*
- —
RAAX vs. AVDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RAAX VanEck Inflation Allocation ETF | 17.64% | 26.74% | 12.50% | 6.71% | 1.51% | 21.56% | -8.27% | 2.84% |
AVDV Avantis International Small Cap Value ETF | 14.99% | 49.37% | 8.67% | 16.85% | -11.47% | 15.80% | 5.01% | 11.78% |
Correlation
The correlation between RAAX and AVDV is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.66 |
The correlation between RAAX and AVDV shifts across timeframes, from 0.52 (1 year) to 0.66 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
RAAX vs. AVDV — Risk / Return Rank
RAAX
AVDV
RAAX vs. AVDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Inflation Allocation ETF (RAAX) and Avantis International Small Cap Value ETF (AVDV). 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.
| RAAX | AVDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.46 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | 3.12 | +1.56 |
| Martin ratioReturn relative to average drawdown | 16.90 | 12.44 | +4.46 |
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Drawdowns
RAAX vs. AVDV - Drawdown Comparison
The maximum RAAX drawdown since its inception was -33.91%, smaller than the maximum AVDV drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for RAAX and AVDV.
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Drawdown Indicators
| RAAX | AVDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -43.01% | +9.10% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -13.19% | +6.02% |
Max Drawdown (3Y)Largest decline over 3 years | -11.59% | -14.17% | +2.58% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -28.08% | +4.53% |
Current DrawdownCurrent decline from peak | -3.77% | -2.24% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -6.76% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 3.30% | -1.32% |
Volatility
RAAX vs. AVDV - Volatility Comparison
The current volatility for VanEck Inflation Allocation ETF (RAAX) is 4.67%, while Avantis International Small Cap Value ETF (AVDV) has a volatility of 6.26%. This indicates that RAAX experiences smaller price fluctuations and is considered to be less risky than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RAAX | AVDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.67% | 6.26% | -1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 13.88% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.18% | 16.25% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.70% | 17.41% | -1.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.79% | 19.77% | -3.98% |
RAAX vs. AVDV - Expense Ratio Comparison
RAAX has a 0.78% expense ratio, which is higher than AVDV's 0.36% expense ratio.
Dividends
RAAX vs. AVDV - Dividend Comparison
RAAX's dividend yield for the trailing twelve months is around 1.99%, less than AVDV's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 4.11% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% |
RAAX VanEck Inflation Allocation ETF | 1.99% | 2.34% | 1.91% | 3.66% | 1.53% | 8.72% | 6.27% | 2.37% | 0.56% |
Frequently Asked Questions
RAAX and AVDV have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVDV has higher volatility (6.26%) compared to RAAX (4.67%). In terms of maximum drawdown, RAAX dropped -33.91% vs AVDV's -43.01%.
On 5-year performance, AVDV leads with 13.63% vs 13.17% for RAAX. On fees, AVDV is cheaper at 0.36% per year. On volatility, RAAX has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AVDV has performed better with a 13.63% return vs 13.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVDV is cheaper with a 0.36% expense ratio, compared with 0.78% for RAAX.
AVDV has the higher dividend yield at 4.11%, compared with 1.99% for RAAX.
RAAX is categorized as Diversified Portfolio, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: VanEck and Avantis. Their fees differ too: 0.78% for RAAX and 0.36% for AVDV.
AVDV currently has the higher Sharpe Ratio (2.53 vs 2.37), 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.
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