WBIG vs. AVGV

Last updated Jun 5, 2026

WBIG (WBI BullBear Yield 3000 ETF) and AVGV (Avantis All Equity Markets Value ETF) are both Global Equities funds. Both are actively managed. Over the past year, WBIG returned 20.44% vs 37.49% for AVGV. Their correlation of 0.80 suggests significant overlap in exposure. WBIG charges 1.14%/yr vs 0.26%/yr for AVGV.

Performance

WBIG vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI BullBear Yield 3000 ETF (WBIG) 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, WBIG achieves a 9.05% return, which is significantly lower than AVGV's 17.52% return.

WBIG

• 1D: 0.36%
• 1M: 3.86%
• YTD: 9.05%
• 6M: 8.24%
• 1Y: 20.44%
• 3Y*: 6.44%
• 5Y*: 0.69%
• 10Y*: 3.86%

AVGV

• 1D: 0.46%
• 1M: 3.04%
• YTD: 17.52%
• 6M: 19.05%
• 1Y: 37.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WBIG vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WBIG WBI BullBear Yield 3000 ETF	9.05%	-0.39%	5.87%	1.34%
AVGV Avantis All Equity Markets Value ETF	17.52%	22.57%	11.26%	11.36%

Correlation

The correlation between WBIG and AVGV is 0.75, 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	0.75
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.80

The correlation between WBIG and AVGV has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

Return for Risk

WBIG vs. AVGV — Risk / Return Rank

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

WBIG

WBIG Risk / Return Rank: 69
WBIG Sharpe Ratio Rank: 64
WBIG Sortino Ratio Rank: 66
WBIG Omega Ratio Rank: 65
WBIG Calmar Ratio Rank: 80
WBIG Martin Ratio Rank: 70

AVGV

AVGV Risk / Return Rank: 87
AVGV Sharpe Ratio Rank: 88
AVGV Sortino Ratio Rank: 89
AVGV Omega Ratio Rank: 86
AVGV Calmar Ratio Rank: 85
AVGV Martin Ratio Rank: 86

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.

WBIG vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Yield 3000 ETF (WBIG) 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.

	WBIG	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.91	-0.83
Sortino ratio: Return per unit of downside risk	2.99	4.02	-1.03
Omega ratio: Gain probability vs. loss probability	1.38	1.52	-0.14
Calmar ratio: Return relative to maximum drawdown	4.05	4.64	-0.59
Martin ratio: Return relative to average drawdown	12.76	18.19	-5.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WBIG vs. AVGV - Sharpe Ratio Comparison

The current WBIG Sharpe Ratio is 2.08, which is comparable to the AVGV Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of WBIG 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.

Sharpe Ratios by Period

	WBIG	AVGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	2.91	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	1.47	-1.32

Drawdowns

WBIG vs. AVGV - Drawdown Comparison

The maximum WBIG drawdown since its inception was -25.32%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for WBIG and AVGV.

Drawdown Indicators

	WBIG	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-25.32%	-17.03%	-8.29%
Max Drawdown (1Y) Largest decline over 1 year	-5.06%	-8.12%	+3.06%
Max Drawdown (3Y) Largest decline over 3 years	-20.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.32%	—	—
Current Drawdown Current decline from peak	-4.50%	-0.02%	-4.48%
Average Drawdown Average peak-to-trough decline	-10.92%	-2.29%	-8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	2.07%	-0.46%

Volatility

WBIG vs. AVGV - Volatility Comparison

WBI BullBear Yield 3000 ETF (WBIG) and Avantis All Equity Markets Value ETF (AVGV) have volatilities of 3.42% and 3.44%, 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

	WBIG	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	3.44%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	6.58%	9.87%	-3.29%
Volatility (1Y) Calculated over the trailing 1-year period	9.87%	12.93%	-3.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.05%	14.97%	-2.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.55%	14.97%	-3.42%

WBIG vs. AVGV - Expense Ratio Comparison

WBIG has a 1.14% expense ratio, which is higher than AVGV's 0.26% expense ratio.

Dividends

WBIG vs. AVGV - Dividend Comparison

WBIG's dividend yield for the trailing twelve months is around 1.21%, less than AVGV's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGV Avantis All Equity Markets Value ETF	1.88%	1.98%	2.32%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WBIG WBI BullBear Yield 3000 ETF	1.21%	1.74%	2.05%	1.74%	1.29%	2.94%	0.90%	1.87%	1.20%	1.27%	0.96%	1.41%

Frequently Asked Questions

Can I hold both WBIG and AVGV in my portfolio?

WBIG and AVGV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBIG or AVGV?

AVGV has higher volatility (3.44%) compared to WBIG (3.42%). In terms of maximum drawdown, WBIG dropped -25.32% vs AVGV's -17.03%.

Which ETF is better, WBIG or AVGV?

On 1-year performance, AVGV leads with 37.49% vs 20.44% for WBIG. On fees, AVGV is cheaper at 0.26% 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, WBIG or AVGV?

Over the 1-year period, AVGV has performed better with a 37.49% return vs 20.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WBIG or AVGV?

AVGV is cheaper with a 0.26% expense ratio, compared with 1.14% for WBIG.

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

AVGV has the higher dividend yield at 1.88%, compared with 1.21% for WBIG.

What is the main difference between WBIG and AVGV?

They also come from different issuers: WBI and Avantis. Their fees differ too: 1.14% for WBIG and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.91 vs 2.08), 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.