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RWK vs. AVUV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RWK vs. AVUV

Last updated Jun 23, 2026

RWK (Invesco S&P MidCap 400 Revenue ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - RWK is a Small Cap Blend Equities fund tracking the S&P MidCap 400 Revenue-Weighted Index, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. RWK is passively managed, while AVUV is actively managed. Over the past 5 years, RWK returned 11.68%/yr vs 11.94%/yr for AVUV. Their correlation of 0.95 suggests significant overlap in exposure. RWK charges 0.39%/yr vs 0.25%/yr for AVUV.

Performance

RWK vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P MidCap 400 Revenue ETF (RWK) and Avantis US Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RWK achieves a 14.32% return, which is significantly lower than AVUV's 20.76% return.

RWK

1D
-0.04%
1M
3.93%
YTD
14.32%
6M
11.91%
1Y
28.00%
3Y*
17.62%
5Y*
11.68%
10Y*
13.16%

AVUV

1D
0.31%
1M
2.33%
YTD
20.76%
6M
18.15%
1Y
39.60%
3Y*
20.03%
5Y*
11.94%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

RWK vs. AVUV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
RWK
Invesco S&P MidCap 400 Revenue ETF		14.32%10.27%11.94%23.76%-8.19%34.31%11.06%9.48%
AVUV
Avantis US Small Cap Value ETF		20.76%7.44%9.28%22.82%-4.91%42.20%6.43%8.54%

Correlation

The correlation between RWK and AVUV is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.89

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (5Y)
Calculated over the trailing 5-year period

0.94

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2019

0.95

The correlation between RWK and AVUV has been stable across timeframes, ranging from 0.89 to 0.95 - a consistent structural relationship.

RWK vs. AVUV - Sectors Allocation Comparison

Sectors
RWK
AVUV

Industrials

22.1%
13.6%

Consumer Cyclical

20.4%
18.7%

Technology

16.1%
7.4%

Financial Services

12.1%
26.1%

Consumer Defensive

10.4%
4.7%

Energy

5.0%
15.8%

Basic Materials

4.9%
5.1%

Healthcare

4.2%
4.8%

Real Estate

2.6%
0.7%

Utilities

1.6%
0.1%

Communication Services

0.7%
3.1%

Industrials

RWK
22.1%
AVUV
13.6%

Consumer Cyclical

RWK
20.4%
AVUV
18.7%

Technology

RWK
16.1%
AVUV
7.4%

Financial Services

RWK
12.1%
AVUV
26.1%

Consumer Defensive

RWK
10.4%
AVUV
4.7%

Energy

RWK
5.0%
AVUV
15.8%

Basic Materials

RWK
4.9%
AVUV
5.1%

Healthcare

RWK
4.2%
AVUV
4.8%

Real Estate

RWK
2.6%
AVUV
0.7%

Utilities

RWK
1.6%
AVUV
0.1%

Communication Services

RWK
0.7%
AVUV
3.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P MidCap 400 Revenue ETF

Avantis US Small Cap Value ETF

Often compared with RWK:
RWK vs. RWJRWK vs. RFVRWK vs. XMHQRWK vs. XMVMRWK vs. PRNRWK vs. ONEYRWK vs. PRFZ
Often compared with AVUV:
AVUV vs. VBRAVUV vs. VTIAVUV vs. IWMAVUV vs. IJRAVUV vs. DFSVAVUV vs. VIOVAVUV vs. AVUVX

Return for Risk

RWK vs. AVUV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RWK
RWK Risk / Return Rank: 5050
Overall Rank
RWK Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
RWK Sortino Ratio Rank: 5454
Sortino Ratio Rank
RWK Omega Ratio Rank: 4747
Omega Ratio Rank
RWK Calmar Ratio Rank: 5252
Calmar Ratio Rank
RWK Martin Ratio Rank: 4949
Martin Ratio Rank
AVUV
AVUV Risk / Return Rank: 7676
Overall Rank
AVUV Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
AVUV Sortino Ratio Rank: 7575
Sortino Ratio Rank
AVUV Omega Ratio Rank: 6868
Omega Ratio Rank
AVUV Calmar Ratio Rank: 8888
Calmar Ratio Rank
AVUV Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RWK vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap 400 Revenue ETF (RWK) and Avantis US 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.

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.

RWKAVUVDifference
Sharpe ratioReturn per unit of total volatility
1.67
2.26

-0.58

Sortino ratioReturn per unit of downside risk
2.51
3.21

-0.70

Omega ratioGain probability vs. loss probability

1.29

1.39

-0.10

Calmar ratioReturn relative to maximum drawdown

2.53

5.00

-2.48

Martin ratioReturn relative to average drawdown

8.11

14.84

-6.73

RWK vs. AVUV - Sharpe Ratio Comparison

The current RWK Sharpe Ratio is 1.67, which is comparable to the AVUV Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of RWK and AVUV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

RWK vs. AVUV - Drawdown Comparison

The maximum RWK drawdown since its inception was -56.49%, which is greater than AVUV's maximum drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for RWK and AVUV.

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Drawdown Indicators

RWKAVUVDifference

Max Drawdown

Largest peak-to-trough decline

-56.49%

-49.42%

-7.07%

Max Drawdown (1Y)

Largest decline over 1 year

-11.14%

-7.95%

-3.19%

Max Drawdown (3Y)

Largest decline over 3 years

-24.58%

-28.79%

+4.21%

Max Drawdown (5Y)

Largest decline over 5 years

-24.58%

-28.79%

+4.21%

Max Drawdown (10Y)

Largest decline over 10 years

-46.20%

—

—

Current Drawdown

Current decline from peak

-1.45%

-1.61%

+0.16%

Average Drawdown

Average peak-to-trough decline

-7.53%

-7.90%

+0.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.46%

2.68%

+0.78%

Volatility

RWK vs. AVUV - Volatility Comparison

Invesco S&P MidCap 400 Revenue ETF (RWK) and Avantis US Small Cap Value ETF (AVUV) have volatilities of 4.32% and 4.28%, 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.

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Volatility by Period

RWKAVUVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.32%

4.28%

+0.04%

Volatility (6M)

Calculated over the trailing 6-month period

12.11%

11.39%

+0.72%

Volatility (1Y)

Calculated over the trailing 1-year period

16.84%

17.67%

-0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.09%

22.65%

-1.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.97%

28.23%

-5.26%

RWK vs. AVUV - Expense Ratio Comparison

RWK has a 0.39% expense ratio, which is higher than AVUV's 0.25% expense ratio.

Dividends

RWK vs. AVUV - Dividend Comparison

RWK's dividend yield for the trailing twelve months is around 1.36%, less than AVUV's 1.63% yield.

PositionTTM20252024202320222021202020192018201720162015
AVUV
Avantis US Small Cap Value ETF		1.63%1.58%1.61%1.65%1.74%1.28%1.21%0.38%0.00%0.00%0.00%0.00%
RWK
Invesco S&P MidCap 400 Revenue ETF		1.03%1.25%1.11%1.05%1.18%0.85%0.96%1.09%1.22%0.99%1.30%0.92%

Frequently Asked Questions

RWK and AVUV have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RWK has higher volatility (4.32%) compared to AVUV (4.28%). In terms of maximum drawdown, RWK dropped -56.49% vs AVUV's -49.42%.

On 5-year performance, AVUV leads with 11.94% vs 11.68% for RWK. On fees, AVUV is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, AVUV has performed better with a 11.94% return vs 11.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AVUV is cheaper with a 0.25% expense ratio, compared with 0.39% for RWK.

AVUV has the higher dividend yield at 1.63%, compared with 1.36% for RWK.

RWK is categorized as Small Cap Blend Equities, while AVUV is Small Cap Value Equities. They also come from different issuers: Invesco and Avantis. Their fees differ too: 0.39% for RWK and 0.25% for AVUV.

AVUV currently has the higher Sharpe Ratio (2.26 vs 1.67), 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.

Portfolio Optimizer

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