USCGX vs. AVDE

Last updated Apr 2, 2026

Compare and contrast key facts about USAA Capital Growth Fund (USCGX) and Avantis International Equity ETF (AVDE).

USCGX is managed by Victory. It was launched on Oct 26, 2000. AVDE is a passively managed fund by American Century that tracks the performance of the MSCI World ex-USA IMI Index. It was launched on Sep 24, 2019.

Performance

USCGX vs. AVDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Capital Growth Fund (USCGX) and Avantis International Equity ETF (AVDE). The values are adjusted to include any dividend payments, if applicable.

USCGX vs. AVDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
USCGX USAA Capital Growth Fund	-1.09%	21.76%	16.31%	18.39%	-13.44%	22.94%	10.04%	7.50%
AVDE Avantis International Equity ETF	4.77%	38.05%	4.88%	17.18%	-13.68%	13.62%	8.26%	8.07%

Returns By Period

In the year-to-date period, USCGX achieves a -1.09% return, which is significantly lower than AVDE's 4.77% return.

USCGX

• 1D: 2.94%
• 1M: -5.74%
• YTD: -1.09%
• 6M: 2.48%
• 1Y: 21.01%
• 3Y*: 16.55%
• 5Y*: 10.50%
• 10Y*: 10.84%

AVDE

• 1D: 1.54%
• 1M: -4.94%
• YTD: 4.77%
• 6M: 10.06%
• 1Y: 33.71%
• 3Y*: 18.35%
• 5Y*: 10.21%
• 10Y*: —

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

USCGX vs. AVDE - Expense Ratio Comparison

USCGX has a 1.09% expense ratio, which is higher than AVDE's 0.23% expense ratio.

USCGX

USAA Capital Growth Fund

AVDE

Avantis International Equity ETF

Return for Risk

USCGX vs. AVDE — Risk / Return Rank

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

USCGX

USCGX Risk / Return Rank: 74
USCGX Sharpe Ratio Rank: 71
USCGX Sortino Ratio Rank: 73
USCGX Omega Ratio Rank: 70
USCGX Calmar Ratio Rank: 76
USCGX Martin Ratio Rank: 81

AVDE

AVDE Risk / Return Rank: 90
AVDE Sharpe Ratio Rank: 89
AVDE Sortino Ratio Rank: 90
AVDE Omega Ratio Rank: 91
AVDE Calmar Ratio Rank: 89
AVDE Martin Ratio Rank: 89

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.

USCGX vs. AVDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Capital Growth Fund (USCGX) and Avantis International Equity ETF (AVDE). 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.

	USCGX	AVDE	Difference
Sharpe ratio Return per unit of total volatility	1.32	1.98	-0.66
Sortino ratio Return per unit of downside risk	1.92	2.64	-0.73
Omega ratio Gain probability vs. loss probability	1.28	1.41	-0.13
Calmar ratio Return relative to maximum drawdown	1.90	2.96	-1.06
Martin ratio Return relative to average drawdown	8.50	11.66	-3.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USCGX vs. AVDE - Sharpe Ratio Comparison

The current USCGX Sharpe Ratio is 1.32, which is lower than the AVDE Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of USCGX and AVDE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	USCGX	AVDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	1.98	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.63	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.61	-0.35

Correlation

The correlation between USCGX and AVDE is 0.88, 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.

Dividends

USCGX vs. AVDE - Dividend Comparison

USCGX's dividend yield for the trailing twelve months is around 11.01%, more than AVDE's 2.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
USCGX USAA Capital Growth Fund	11.01%	10.89%	12.63%	1.08%	7.69%	12.56%	3.08%	9.18%	9.40%	3.22%	1.46%	1.13%
AVDE Avantis International Equity ETF	2.66%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%	0.00%	0.00%	0.00%	0.00%

Drawdowns

USCGX vs. AVDE - Drawdown Comparison

The maximum USCGX drawdown since its inception was -63.08%, which is greater than AVDE's maximum drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for USCGX and AVDE.

Drawdown Indicators

	USCGX	AVDE	Difference
Max Drawdown Largest peak-to-trough decline	-63.08%	-36.99%	-26.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	-11.48%	+0.10%
Max Drawdown (5Y) Largest decline over 5 years	-29.47%	-28.73%	-0.74%
Max Drawdown (10Y) Largest decline over 10 years	-35.32%	—	—
Current Drawdown Current decline from peak	-7.15%	-6.54%	-0.61%
Average Drawdown Average peak-to-trough decline	-18.60%	-6.26%	-12.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	2.91%	-0.37%

Volatility

USCGX vs. AVDE - Volatility Comparison

The current volatility for USAA Capital Growth Fund (USCGX) is 5.98%, while Avantis International Equity ETF (AVDE) has a volatility of 7.17%. This indicates that USCGX experiences smaller price fluctuations and is considered to be less risky than AVDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USCGX	AVDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	7.17%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	9.68%	11.00%	-1.32%
Volatility (1Y) Calculated over the trailing 1-year period	16.34%	17.08%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.85%	16.15%	+1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	18.94%	-0.95%