RFEM vs. AVEM
Compare and contrast key facts about First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and Avantis Emerging Markets Equity ETF (AVEM).
RFEM and AVEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RFEM is an actively managed fund by First Trust. It was launched on Jun 14, 2016. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RFEM or AVEM.
Correlation
The correlation between RFEM and AVEM is 0.93, 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
RFEM vs. AVEM - Performance Comparison
Key characteristics
RFEM:
0.98
AVEM:
0.82
RFEM:
1.42
AVEM:
1.20
RFEM:
1.18
AVEM:
1.15
RFEM:
1.29
AVEM:
0.98
RFEM:
3.15
AVEM:
2.56
RFEM:
4.77%
AVEM:
4.94%
RFEM:
15.36%
AVEM:
15.47%
RFEM:
-42.22%
AVEM:
-36.05%
RFEM:
-3.06%
AVEM:
-4.32%
Returns By Period
The year-to-date returns for both investments are quite close, with RFEM having a 5.24% return and AVEM slightly higher at 5.38%.
RFEM
5.24%
4.67%
4.93%
15.01%
5.03%
N/A
AVEM
5.38%
4.19%
3.73%
12.29%
6.05%
N/A
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RFEM vs. AVEM - Expense Ratio Comparison
RFEM has a 0.95% expense ratio, which is higher than AVEM's 0.33% expense ratio.
Risk-Adjusted Performance
RFEM vs. AVEM — Risk-Adjusted Performance Rank
RFEM
AVEM
RFEM vs. AVEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and Avantis Emerging Markets Equity ETF (AVEM). 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
RFEM vs. AVEM - Dividend Comparison
RFEM's dividend yield for the trailing twelve months is around 3.46%, more than AVEM's 3.01% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|---|
RFEM First Trust RiverFront Dynamic Emerging Markets ETF | 3.46% | 3.64% | 3.28% | 7.74% | 3.21% | 1.22% | 3.75% | 2.37% | 1.62% | 3.73% |
AVEM Avantis Emerging Markets Equity ETF | 3.01% | 3.17% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
RFEM vs. AVEM - Drawdown Comparison
The maximum RFEM drawdown since its inception was -42.22%, which is greater than AVEM's maximum drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for RFEM and AVEM. For additional features, visit the drawdowns tool.
Volatility
RFEM vs. AVEM - Volatility Comparison
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and Avantis Emerging Markets Equity ETF (AVEM) have volatilities of 3.86% and 3.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.