TAVFX vs. VBR
Compare and contrast key facts about Third Avenue Value Fund (TAVFX) and Vanguard Small-Cap Value ETF (VBR).
TAVFX is managed by Third Avenue. It was launched on Oct 31, 1990. VBR is a passively managed fund by Vanguard that tracks the performance of the MSCI US Small Cap Value Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TAVFX or VBR.
Correlation
The correlation between TAVFX and VBR is 0.78, 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
TAVFX vs. VBR - Performance Comparison
Key characteristics
TAVFX:
-0.26
VBR:
0.92
TAVFX:
-0.23
VBR:
1.39
TAVFX:
0.97
VBR:
1.17
TAVFX:
-0.20
VBR:
1.49
TAVFX:
-0.42
VBR:
3.66
TAVFX:
9.82%
VBR:
3.94%
TAVFX:
16.08%
VBR:
15.80%
TAVFX:
-63.95%
VBR:
-62.01%
TAVFX:
-16.03%
VBR:
-6.46%
Returns By Period
In the year-to-date period, TAVFX achieves a 4.51% return, which is significantly higher than VBR's 2.00% return. Over the past 10 years, TAVFX has underperformed VBR with an annualized return of 2.23%, while VBR has yielded a comparatively higher 8.65% annualized return.
TAVFX
4.51%
0.90%
-11.19%
-4.74%
12.26%
2.23%
VBR
2.00%
-2.70%
5.84%
14.93%
10.46%
8.65%
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TAVFX vs. VBR - Expense Ratio Comparison
TAVFX has a 1.15% expense ratio, which is higher than VBR's 0.07% expense ratio.
Risk-Adjusted Performance
TAVFX vs. VBR — Risk-Adjusted Performance Rank
TAVFX
VBR
TAVFX vs. VBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Third Avenue Value Fund (TAVFX) and Vanguard Small-Cap Value ETF (VBR). 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
TAVFX vs. VBR - Dividend Comparison
TAVFX's dividend yield for the trailing twelve months is around 2.63%, more than VBR's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAVFX Third Avenue Value Fund | 2.63% | 2.75% | 2.40% | 3.03% | 1.12% | 0.70% | 2.50% | 0.49% | 3.03% | 0.89% | 1.60% | 3.97% |
VBR Vanguard Small-Cap Value ETF | 1.94% | 1.98% | 2.12% | 2.03% | 1.75% | 1.68% | 2.06% | 2.35% | 1.79% | 1.77% | 1.99% | 1.77% |
Drawdowns
TAVFX vs. VBR - Drawdown Comparison
The maximum TAVFX drawdown since its inception was -63.95%, roughly equal to the maximum VBR drawdown of -62.01%. Use the drawdown chart below to compare losses from any high point for TAVFX and VBR. For additional features, visit the drawdowns tool.
Volatility
TAVFX vs. VBR - Volatility Comparison
Third Avenue Value Fund (TAVFX) has a higher volatility of 3.88% compared to Vanguard Small-Cap Value ETF (VBR) at 3.10%. This indicates that TAVFX's price experiences larger fluctuations and is considered to be riskier than VBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.