SFCWX vs. AVIV

Last updated Jun 5, 2026

SFCWX (American Funds SMALLCAP World Fund Class F-3) and AVIV (Avantis International Large Cap Value ETF) are both funds - SFCWX is a Global Equities fund managed by American Funds, while AVIV is a Foreign Large Cap Equities fund tracking the MSCI World ex-U.S. Value Index. Over the past 3 years, SFCWX returned 13.17%/yr vs 22.59%/yr for AVIV. A 0.79 correlation means they provide meaningful diversification when combined. SFCWX charges 0.66%/yr vs 0.25%/yr for AVIV.

Performance

SFCWX vs. AVIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds SMALLCAP World Fund Class F-3 (SFCWX) and Avantis International Large Cap Value ETF (AVIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SFCWX having a 12.44% return and AVIV slightly lower at 12.05%.

SFCWX

• 1D: -0.47%
• 1M: 1.41%
• YTD: 12.44%
• 6M: 12.46%
• 1Y: 24.78%
• 3Y*: 13.17%
• 5Y*: 2.31%
• 10Y*: —

AVIV

• 1D: 0.49%
• 1M: 2.63%
• YTD: 12.05%
• 6M: 15.17%
• 1Y: 32.77%
• 3Y*: 22.59%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SFCWX vs. AVIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SFCWX American Funds SMALLCAP World Fund Class F-3	12.44%	14.49%	2.72%	19.34%	-29.65%	-0.56%
AVIV Avantis International Large Cap Value ETF	12.05%	41.80%	4.30%	18.47%	-8.26%	1.93%

Correlation

The correlation between SFCWX and AVIV is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.79

The correlation between SFCWX and AVIV has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.

Return for Risk

SFCWX vs. AVIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SFCWX

SFCWX Risk / Return Rank: 34
SFCWX Sharpe Ratio Rank: 32
SFCWX Sortino Ratio Rank: 33
SFCWX Omega Ratio Rank: 31
SFCWX Calmar Ratio Rank: 34
SFCWX Martin Ratio Rank: 41

AVIV

AVIV Risk / Return Rank: 69
AVIV Sharpe Ratio Rank: 73
AVIV Sortino Ratio Rank: 72
AVIV Omega Ratio Rank: 73
AVIV Calmar Ratio Rank: 62
AVIV Martin Ratio Rank: 67

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.

SFCWX vs. AVIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds SMALLCAP World Fund Class F-3 (SFCWX) and Avantis International Large Cap Value ETF (AVIV). 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.

	SFCWX	AVIV	Difference
Sharpe ratio: Return per unit of total volatility	1.62	2.34	-0.72
Sortino ratio: Return per unit of downside risk	2.36	3.20	-0.84
Omega ratio: Gain probability vs. loss probability	1.29	1.43	-0.14
Calmar ratio: Return relative to maximum drawdown	2.17	3.05	-0.89
Martin ratio: Return relative to average drawdown	8.67	12.04	-3.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SFCWX vs. AVIV - Sharpe Ratio Comparison

The current SFCWX Sharpe Ratio is 1.62, which is lower than the AVIV Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of SFCWX and AVIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SFCWX	AVIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	2.34	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.83	-0.32

Drawdowns

SFCWX vs. AVIV - Drawdown Comparison

The maximum SFCWX drawdown since its inception was -39.54%, which is greater than AVIV's maximum drawdown of -27.69%. Use the drawdown chart below to compare losses from any high point for SFCWX and AVIV.

Drawdown Indicators

	SFCWX	AVIV	Difference
Max Drawdown Largest peak-to-trough decline	-39.54%	-27.69%	-11.85%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-10.78%	-1.03%
Max Drawdown (3Y) Largest decline over 3 years	-21.30%	-14.13%	-7.17%
Max Drawdown (5Y) Largest decline over 5 years	-39.54%	—	—
Current Drawdown Current decline from peak	-0.95%	-0.90%	-0.05%
Average Drawdown Average peak-to-trough decline	-12.44%	-5.12%	-7.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.73%	+0.21%

Volatility

SFCWX vs. AVIV - Volatility Comparison

American Funds SMALLCAP World Fund Class F-3 (SFCWX) has a higher volatility of 5.11% compared to Avantis International Large Cap Value ETF (AVIV) at 4.21%. This indicates that SFCWX's price experiences larger fluctuations and is considered to be riskier than AVIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFCWX	AVIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	4.21%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	12.81%	11.75%	+1.06%
Volatility (1Y) Calculated over the trailing 1-year period	15.82%	14.07%	+1.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.19%	16.88%	+1.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.51%	16.88%	+1.63%

SFCWX vs. AVIV - Expense Ratio Comparison

SFCWX has a 0.66% expense ratio, which is higher than AVIV's 0.25% expense ratio.

Dividends

SFCWX vs. AVIV - Dividend Comparison

SFCWX's dividend yield for the trailing twelve months is around 4.54%, more than AVIV's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVIV Avantis International Large Cap Value ETF	2.81%	3.01%	3.46%	3.64%	2.84%	0.57%	0.00%	0.00%	0.00%	0.00%
SFCWX American Funds SMALLCAP World Fund Class F-3	4.54%	5.10%	0.98%	0.98%	0.34%	9.05%	1.58%	4.19%	7.01%	4.47%

Frequently Asked Questions

Can I hold both SFCWX and AVIV in my portfolio?

SFCWX and AVIV have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SFCWX or AVIV?

SFCWX has higher volatility (5.11%) compared to AVIV (4.21%). In terms of maximum drawdown, SFCWX dropped -39.54% vs AVIV's -27.69%.

Which has better risk-adjusted returns?

AVIV currently has the higher Sharpe Ratio (2.34 vs 1.62), 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.