VXUS vs. AVNM

Last updated Jun 18, 2026

VXUS (Vanguard Total International Stock ETF) and AVNM (Avantis All International Markets Equity ETF) are both exchange-traded funds - VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index, while AVNM is a Foreign Large Cap Equities fund actively managed by Avantis. VXUS is passively managed, while AVNM is actively managed. Over the past year, VXUS returned 31.59% vs 35.12% for AVNM. With a 0.98 correlation, they move nearly in lockstep. VXUS charges 0.05%/yr vs 0.31%/yr for AVNM.

Performance

VXUS vs. AVNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total International Stock ETF (VXUS) and Avantis All International Markets Equity ETF (AVNM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with VXUS having a 14.31% return and AVNM slightly higher at 14.94%.

VXUS

• 1D: -0.55%
• 1M: 3.14%
• YTD: 14.31%
• 6M: 17.16%
• 1Y: 31.59%
• 3Y*: 18.16%
• 5Y*: 9.07%
• 10Y*: 10.12%

AVNM

• 1D: -0.65%
• 1M: 2.62%
• YTD: 14.94%
• 6M: 17.92%
• 1Y: 35.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VXUS vs. AVNM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VXUS Vanguard Total International Stock ETF	14.31%	32.35%	5.08%	6.38%
AVNM Avantis All International Markets Equity ETF	14.94%	38.30%	5.52%	8.60%

Correlation

The correlation between VXUS and AVNM is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.98

The correlation between VXUS and AVNM has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

VXUS vs. AVNM - Sectors Allocation Comparison

Sectors	VXUS	AVNM
Financial Services	22.3%	22.5%
Technology	18.1%	15.0%
Industrials	16.1%	17.1%
Consumer Cyclical	8.4%	9.9%
Basic Materials	7.6%	11.4%
Healthcare	7.1%	4.2%
Energy	5.2%	7.7%
Consumer Defensive	5.0%	3.7%
Communication Services	4.4%	4.4%
Utilities	3.2%	2.6%
Real Estate	2.6%	1.5%

Return for Risk

VXUS vs. AVNM — Risk / Return Rank

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

VXUS

VXUS Risk / Return Rank: 63
VXUS Sharpe Ratio Rank: 64
VXUS Sortino Ratio Rank: 62
VXUS Omega Ratio Rank: 66
VXUS Calmar Ratio Rank: 60
VXUS Martin Ratio Rank: 64

AVNM

AVNM Risk / Return Rank: 72
AVNM Sharpe Ratio Rank: 76
AVNM Sortino Ratio Rank: 72
AVNM Omega Ratio Rank: 76
AVNM Calmar Ratio Rank: 65
AVNM Martin Ratio Rank: 68

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.

VXUS vs. AVNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock ETF (VXUS) and Avantis All International Markets Equity ETF (AVNM). 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.

	VXUS	AVNM	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.25	-0.27
Sortino ratio: Return per unit of downside risk	2.71	2.99	-0.29
Omega ratio: Gain probability vs. loss probability	1.37	1.41	-0.05
Calmar ratio: Return relative to maximum drawdown	2.82	3.04	-0.23
Martin ratio: Return relative to average drawdown	10.84	11.71	-0.87

VXUS vs. AVNM - Sharpe Ratio Comparison

The current VXUS Sharpe Ratio is 1.98, which is comparable to the AVNM Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of VXUS and AVNM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VXUS vs. AVNM - Drawdown Comparison

The maximum VXUS drawdown since its inception was -35.97%, which is greater than AVNM's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for VXUS and AVNM.

Drawdown Indicators

	VXUS	AVNM	Difference
Max Drawdown Largest peak-to-trough decline	-35.97%	-14.03%	-21.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.27%	-11.59%	+0.32%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.97%	—	—
Current Drawdown Current decline from peak	-0.95%	-1.03%	+0.08%
Average Drawdown Average peak-to-trough decline	-8.20%	-2.54%	-5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	3.01%	-0.09%

Volatility

VXUS vs. AVNM - Volatility Comparison

Vanguard Total International Stock ETF (VXUS) and Avantis All International Markets Equity ETF (AVNM) have volatilities of 6.47% and 6.55%, 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.

Volatility by Period

	VXUS	AVNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.47%	6.55%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	14.09%	13.73%	+0.36%
Volatility (1Y) Calculated over the trailing 1-year period	16.09%	15.76%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.22%	15.11%	+1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.20%	15.11%	+2.09%

VXUS vs. AVNM - Expense Ratio Comparison

VXUS has a 0.05% expense ratio, which is lower than AVNM's 0.31% expense ratio.

Dividends

VXUS vs. AVNM - Dividend Comparison

VXUS's dividend yield for the trailing twelve months is around 2.66%, less than AVNM's 3.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVNM Avantis All International Markets Equity ETF	3.54%	2.76%	3.51%	1.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VXUS Vanguard Total International Stock ETF	2.66%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both VXUS and AVNM in my portfolio?

With a correlation of 0.98, VXUS and AVNM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VXUS or AVNM?

AVNM has higher volatility (6.55%) compared to VXUS (6.47%). In terms of maximum drawdown, VXUS dropped -35.97% vs AVNM's -14.03%.

Which ETF is better, VXUS or AVNM?

On 1-year performance, AVNM leads with 35.12% vs 31.59% for VXUS. On fees, VXUS is cheaper at 0.05% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VXUS or AVNM?

Over the 1-year period, AVNM has performed better with a 35.12% return vs 31.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VXUS or AVNM?

VXUS is cheaper with a 0.05% expense ratio, compared with 0.31% for AVNM.

Which ETF pays a higher dividend yield, VXUS or AVNM?

AVNM has the higher dividend yield at 3.54%, compared with 2.66% for VXUS.

What is the main difference between VXUS and AVNM?

VXUS is categorized as Global Equities, while AVNM is Foreign Large Cap Equities. They also come from different issuers: Vanguard and Avantis. Their fees differ too: 0.05% for VXUS and 0.31% for AVNM.

Which has better risk-adjusted returns?

AVNM currently has the higher Sharpe Ratio (2.25 vs 1.98), 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.