WBIF vs. AVGV

Last updated Jun 26, 2026

WBIF (WBI BullBear Value 3000 ETF) and AVGV (Avantis All Equity Markets Value ETF) are both Global Equities funds. Both are actively managed. Over the past year, WBIF returned 24.26% vs 35.38% for AVGV. Their correlation of 0.81 suggests significant overlap in exposure. WBIF charges 1.25%/yr vs 0.26%/yr for AVGV.

Performance

WBIF vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI BullBear Value 3000 ETF (WBIF) and Avantis All Equity Markets Value ETF (AVGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBIF achieves a 13.45% return, which is significantly lower than AVGV's 17.14% return.

WBIF

• 1D: 0.17%
• 1M: 4.38%
• YTD: 13.45%
• 6M: 11.76%
• 1Y: 24.26%
• 3Y*: 8.61%
• 5Y*: 3.03%
• 10Y*: 6.06%

AVGV

• 1D: 0.60%
• 1M: -0.09%
• YTD: 17.14%
• 6M: 15.89%
• 1Y: 35.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WBIF vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WBIF WBI BullBear Value 3000 ETF	13.45%	9.16%	3.43%	-1.62%
AVGV Avantis All Equity Markets Value ETF	17.14%	22.57%	11.26%	11.88%

Correlation

The correlation between WBIF and AVGV is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.81

The correlation between WBIF and AVGV has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.

WBIF vs. AVGV - Sectors Allocation Comparison

Sectors	WBIF	AVGV
Technology	34.6%	12.1%
Financial Services	21.9%	21.3%
Consumer Cyclical	15.5%	14.7%
Industrials	10.6%	16.2%
Basic Materials	6.5%	7.2%
Healthcare	4.3%	4.5%
Consumer Defensive	2.1%	5.2%
Utilities	2.0%	0.7%
Communication Services	1.8%	5.0%
Energy	0.7%	12.4%
Real Estate	-	0.7%

Return for Risk

WBIF vs. AVGV — Risk / Return Rank

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

WBIF

WBIF Risk / Return Rank: 73
WBIF Sharpe Ratio Rank: 69
WBIF Sortino Ratio Rank: 71
WBIF Omega Ratio Rank: 67
WBIF Calmar Ratio Rank: 80
WBIF Martin Ratio Rank: 78

AVGV

AVGV Risk / Return Rank: 89
AVGV Sharpe Ratio Rank: 91
AVGV Sortino Ratio Rank: 90
AVGV Omega Ratio Rank: 88
AVGV Calmar Ratio Rank: 87
AVGV 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.

WBIF vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Value 3000 ETF (WBIF) and Avantis All Equity Markets Value ETF (AVGV). 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.

	WBIF	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	1.96	2.66	-0.70
Sortino ratio: Return per unit of downside risk	2.81	3.66	-0.85
Omega ratio: Gain probability vs. loss probability	1.35	1.47	-0.12
Calmar ratio: Return relative to maximum drawdown	3.69	4.38	-0.68
Martin ratio: Return relative to average drawdown	13.09	16.96	-3.87

WBIF vs. AVGV - Sharpe Ratio Comparison

The current WBIF Sharpe Ratio is 1.96, which is comparable to the AVGV Sharpe Ratio of 2.66. The chart below compares the historical Sharpe Ratios of WBIF and AVGV, 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

WBIF vs. AVGV - Drawdown Comparison

The maximum WBIF drawdown since its inception was -20.29%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for WBIF and AVGV.

Drawdown Indicators

	WBIF	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-20.29%	-17.03%	-3.26%
Max Drawdown (1Y) Largest decline over 1 year	-6.60%	-8.12%	+1.52%
Max Drawdown (3Y) Largest decline over 3 years	-17.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.29%	—	—
Current Drawdown Current decline from peak	-0.50%	-1.43%	+0.93%
Average Drawdown Average peak-to-trough decline	-7.70%	-2.27%	-5.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.09%	-0.23%

Volatility

WBIF vs. AVGV - Volatility Comparison

WBI BullBear Value 3000 ETF (WBIF) and Avantis All Equity Markets Value ETF (AVGV) have volatilities of 4.54% and 4.35%, 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

	WBIF	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	4.35%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	9.08%	10.44%	-1.36%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	13.39%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.89%	15.01%	-2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.36%	15.01%	-2.65%

WBIF vs. AVGV - Expense Ratio Comparison

WBIF has a 1.25% expense ratio, which is higher than AVGV's 0.26% expense ratio.

Dividends

WBIF vs. AVGV - Dividend Comparison

WBIF's dividend yield for the trailing twelve months is around 0.06%, less than AVGV's 2.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGV Avantis All Equity Markets Value ETF	2.47%	1.98%	2.32%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WBIF WBI BullBear Value 3000 ETF	0.06%	0.14%	1.17%	0.82%	0.96%	2.59%	0.09%	1.04%	0.77%	0.75%	0.67%	0.86%

Frequently Asked Questions

Can I hold both WBIF and AVGV in my portfolio?

WBIF and AVGV have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBIF or AVGV?

WBIF has higher volatility (4.54%) compared to AVGV (4.35%). In terms of maximum drawdown, WBIF dropped -20.29% vs AVGV's -17.03%.

Which ETF is better, WBIF or AVGV?

On 1-year performance, AVGV leads with 35.38% vs 24.26% for WBIF. On fees, AVGV is cheaper at 0.26% per year. On volatility, AVGV has been the lower-risk option at 4.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WBIF or AVGV?

Over the 1-year period, AVGV has performed better with a 35.38% return vs 24.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WBIF or AVGV?

AVGV is cheaper with a 0.26% expense ratio, compared with 1.25% for WBIF.

Which ETF pays a higher dividend yield, WBIF or AVGV?

AVGV has the higher dividend yield at 2.47%, compared with 0.06% for WBIF.

What is the main difference between WBIF and AVGV?

They also come from different issuers: WBI and Avantis. Their fees differ too: 1.25% for WBIF and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.66 vs 1.96), 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.