WBIL vs. AVGV

Last updated Jun 6, 2026

WBIL (WBI BullBear Quality 3000 ETF) and AVGV (Avantis All Equity Markets Value ETF) are both Global Equities funds. Both are actively managed. Over the past year, WBIL returned 24.65% vs 34.56% for AVGV. A 0.72 correlation means they provide meaningful diversification when combined. WBIL charges 1.23%/yr vs 0.26%/yr for AVGV.

Performance

WBIL vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI BullBear Quality 3000 ETF (WBIL) 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, WBIL achieves a 11.95% return, which is significantly lower than AVGV's 14.95% return.

WBIL

• 1D: -3.94%
• 1M: 5.45%
• YTD: 11.95%
• 6M: 10.00%
• 1Y: 24.65%
• 3Y*: 11.53%
• 5Y*: 5.22%
• 10Y*: 6.70%

AVGV

• 1D: -2.19%
• 1M: -0.47%
• YTD: 14.95%
• 6M: 16.14%
• 1Y: 34.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WBIL vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WBIL WBI BullBear Quality 3000 ETF	11.95%	-0.47%	13.29%	7.29%
AVGV Avantis All Equity Markets Value ETF	14.95%	22.57%	11.26%	11.36%

Correlation

The correlation between WBIL and AVGV is 0.72, 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	0.72
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.72

The correlation between WBIL and AVGV has been stable across timeframes, ranging from 0.72 to 0.72 - a consistent structural relationship.

WBIL vs. AVGV - Sectors Allocation Comparison

Sectors	WBIL	AVGV
Technology	35.5%	10.5%
Industrials	17.1%	16.1%
Consumer Cyclical	11.6%	14.5%
Healthcare	11.6%	4.5%
Financial Services	9.8%	21.6%
Consumer Defensive	4.8%	5.5%
Communication Services	4.3%	4.9%
Energy	2.9%	13.6%
Real Estate	2.8%	0.8%
Basic Materials	2.5%	7.3%
Utilities	0.8%	0.7%

Return for Risk

WBIL vs. AVGV — Risk / Return Rank

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

WBIL

WBIL Risk / Return Rank: 54
WBIL Sharpe Ratio Rank: 52
WBIL Sortino Ratio Rank: 51
WBIL Omega Ratio Rank: 50
WBIL Calmar Ratio Rank: 54
WBIL Martin Ratio Rank: 64

AVGV

AVGV Risk / Return Rank: 83
AVGV Sharpe Ratio Rank: 83
AVGV Sortino Ratio Rank: 83
AVGV Omega Ratio Rank: 81
AVGV Calmar Ratio Rank: 82
AVGV Martin Ratio Rank: 84

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.

WBIL vs. AVGV - Risk-Adjusted Trends Comparison

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

	WBIL	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	1.67	2.64	-0.97
Sortino ratio: Return per unit of downside risk	2.31	3.63	-1.32
Omega ratio: Gain probability vs. loss probability	1.30	1.47	-0.17
Calmar ratio: Return relative to maximum drawdown	2.51	4.28	-1.76
Martin ratio: Return relative to average drawdown	10.95	16.73	-5.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WBIL vs. AVGV - Sharpe Ratio Comparison

The current WBIL Sharpe Ratio is 1.67, which is lower than the AVGV Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of WBIL 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

	WBIL	AVGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.67	2.64	-0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	1.40	-1.04

Drawdowns

WBIL vs. AVGV - Drawdown Comparison

The maximum WBIL drawdown since its inception was -25.30%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for WBIL and AVGV.

Drawdown Indicators

	WBIL	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-25.30%	-17.03%	-8.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.85%	-8.12%	-1.73%
Max Drawdown (3Y) Largest decline over 3 years	-25.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.30%	—	—
Current Drawdown Current decline from peak	-4.60%	-2.21%	-2.39%
Average Drawdown Average peak-to-trough decline	-6.98%	-2.29%	-4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.07%	+0.19%

Volatility

WBIL vs. AVGV - Volatility Comparison

WBI BullBear Quality 3000 ETF (WBIL) has a higher volatility of 6.61% compared to Avantis All Equity Markets Value ETF (AVGV) at 3.97%. This indicates that WBIL's price experiences larger fluctuations and is considered to be riskier than AVGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBIL	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.61%	3.97%	+2.64%
Volatility (6M) Calculated over the trailing 6-month period	11.49%	10.11%	+1.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.83%	13.13%	+1.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.81%	15.01%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.71%	15.01%	-2.30%

WBIL vs. AVGV - Expense Ratio Comparison

WBIL has a 1.23% expense ratio, which is higher than AVGV's 0.26% expense ratio.

Dividends

WBIL vs. AVGV - Dividend Comparison

WBIL's dividend yield for the trailing twelve months is around 0.04%, less than AVGV's 1.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGV Avantis All Equity Markets Value ETF	1.92%	1.98%	2.32%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WBIL WBI BullBear Quality 3000 ETF	0.04%	0.05%	0.07%	0.29%	1.03%	2.02%	0.19%	0.73%	0.75%	0.83%	0.58%	0.20%

Frequently Asked Questions

Can I hold both WBIL and AVGV in my portfolio?

WBIL and AVGV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBIL or AVGV?

WBIL has higher volatility (6.61%) compared to AVGV (3.97%). In terms of maximum drawdown, WBIL dropped -25.30% vs AVGV's -17.03%.

Which ETF is better, WBIL or AVGV?

On 1-year performance, AVGV leads with 34.56% vs 24.65% for WBIL. On fees, AVGV is cheaper at 0.26% per year. On volatility, AVGV has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WBIL or AVGV?

Over the 1-year period, AVGV has performed better with a 34.56% return vs 24.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WBIL or AVGV?

AVGV is cheaper with a 0.26% expense ratio, compared with 1.23% for WBIL.

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

AVGV has the higher dividend yield at 1.92%, compared with 0.04% for WBIL.

What is the main difference between WBIL and AVGV?

They also come from different issuers: WBI and Avantis. Their fees differ too: 1.23% for WBIL and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.64 vs 1.67), 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.