PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XNTK vs. AVDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XNTK vs. AVDV

Last updated Jun 14, 2026

XNTK (SPDR NYSE Technology ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - XNTK is a Technology Equities fund tracking the NYSE Technology Index, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. XNTK is passively managed, while AVDV is actively managed. Over the past 5 years, XNTK returned 19.92%/yr vs 13.63%/yr for AVDV. A 0.59 correlation means they provide meaningful diversification when combined. XNTK charges 0.35%/yr vs 0.36%/yr for AVDV.

Performance

XNTK vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR NYSE Technology ETF (XNTK) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XNTK achieves a 32.86% return, which is significantly higher than AVDV's 14.99% return.

XNTK

1D
0.69%
1M
9.85%
YTD
32.86%
6M
32.78%
1Y
65.70%
3Y*
39.05%
5Y*
19.92%
10Y*
25.25%

AVDV

1D
0.89%
1M
0.12%
YTD
14.99%
6M
17.18%
1Y
41.91%
3Y*
26.72%
5Y*
13.63%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XNTK vs. AVDV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XNTK
SPDR NYSE Technology ETF		32.86%38.06%23.49%70.13%-41.07%17.63%73.91%11.14%
AVDV
Avantis International Small Cap Value ETF		14.99%49.37%8.67%16.85%-11.47%15.80%5.01%11.78%

Correlation

The correlation between XNTK and AVDV is 0.56, 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

0.56

Correlation (3Y)
Calculated over the trailing 3-year period

0.53

Correlation (5Y)
Calculated over the trailing 5-year period

0.60

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2019

0.59

The correlation between XNTK and AVDV has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.

XNTK vs. AVDV - Sectors Allocation Comparison

Sectors
XNTK
AVDV

Technology

83.3%
6.6%

Communication Services

8.6%
2.4%

Consumer Cyclical

8.0%
15.4%

Basic Materials

-

21.0%

Consumer Defensive

-

3.4%

Energy

-

9.6%

Financial Services

-

13.6%

Healthcare

-

2.3%

Industrials

-

22.8%

Real Estate

-

1.3%

Utilities

-

1.7%

Technology

XNTK
83.3%
AVDV
6.6%

Communication Services

XNTK
8.6%
AVDV
2.4%

Consumer Cyclical

XNTK
8.0%
AVDV
15.4%

Basic Materials

XNTK

-

AVDV
21.0%

Consumer Defensive

XNTK

-

AVDV
3.4%

Energy

XNTK

-

AVDV
9.6%

Financial Services

XNTK

-

AVDV
13.6%

Healthcare

XNTK

-

AVDV
2.3%

Industrials

XNTK

-

AVDV
22.8%

Real Estate

XNTK

-

AVDV
1.3%

Utilities

XNTK

-

AVDV
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR NYSE Technology ETF

Avantis International Small Cap Value ETF

Often compared with XNTK:
XNTK vs. QQQXNTK vs. VGTXNTK vs. IYWXNTK vs. VOOXNTK vs. PNQIXNTK vs. OGIGXNTK vs. XSW
Often compared with AVDV:
AVDV vs. VXUSAVDV vs. AVDEAVDV vs. VSSAVDV vs. DISVXAVDV vs. AVDVXAVDV vs. ISVLAVDV vs. AVIV

Return for Risk

XNTK vs. AVDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XNTK
XNTK Risk / Return Rank: 8080
Overall Rank
XNTK Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
XNTK Sortino Ratio Rank: 7878
Sortino Ratio Rank
XNTK Omega Ratio Rank: 8181
Omega Ratio Rank
XNTK Calmar Ratio Rank: 8181
Calmar Ratio Rank
XNTK Martin Ratio Rank: 7575
Martin Ratio Rank
AVDV
AVDV Risk / Return Rank: 8181
Overall Rank
AVDV Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
AVDV Sortino Ratio Rank: 8686
Sortino Ratio Rank
AVDV Omega Ratio Rank: 8686
Omega Ratio Rank
AVDV Calmar Ratio Rank: 7171
Calmar Ratio Rank
AVDV Martin Ratio Rank: 7676
Martin Ratio Rank
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.

XNTK vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR NYSE Technology ETF (XNTK) and Avantis International Small Cap Value ETF (AVDV). 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.

XNTKAVDVDifference
Sharpe ratioReturn per unit of total volatility
2.50
2.53

-0.04

Sortino ratioReturn per unit of downside risk
3.01
3.36

-0.35

Omega ratioGain probability vs. loss probability

1.42

1.46

-0.04

Calmar ratioReturn relative to maximum drawdown

3.73

3.12

+0.62

Martin ratioReturn relative to average drawdown

12.16

12.44

-0.28

XNTK vs. AVDV - Sharpe Ratio Comparison

The current XNTK Sharpe Ratio is 2.50, which is comparable to the AVDV Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of XNTK and AVDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

XNTK vs. AVDV - Drawdown Comparison

The maximum XNTK drawdown since its inception was -72.38%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for XNTK and AVDV.

Loading charts...

Drawdown Indicators

XNTKAVDVDifference

Max Drawdown

Largest peak-to-trough decline

-72.38%

-43.01%

-29.37%

Max Drawdown (1Y)

Largest decline over 1 year

-17.00%

-13.19%

-3.81%

Max Drawdown (3Y)

Largest decline over 3 years

-28.11%

-14.17%

-13.94%

Max Drawdown (5Y)

Largest decline over 5 years

-48.28%

-28.08%

-20.20%

Max Drawdown (10Y)

Largest decline over 10 years

-48.28%

—

—

Current Drawdown

Current decline from peak

-4.70%

-2.24%

-2.46%

Average Drawdown

Average peak-to-trough decline

-21.28%

-6.76%

-14.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.21%

3.30%

+1.91%

Volatility

XNTK vs. AVDV - Volatility Comparison

SPDR NYSE Technology ETF (XNTK) has a higher volatility of 12.53% compared to Avantis International Small Cap Value ETF (AVDV) at 6.26%. This indicates that XNTK's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XNTKAVDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.53%

6.26%

+6.27%

Volatility (6M)

Calculated over the trailing 6-month period

20.87%

13.88%

+6.99%

Volatility (1Y)

Calculated over the trailing 1-year period

25.43%

16.25%

+9.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.25%

17.41%

+10.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.82%

19.77%

+7.05%

XNTK vs. AVDV - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is lower than AVDV's 0.36% expense ratio.

Dividends

XNTK vs. AVDV - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.17%, less than AVDV's 4.11% yield.

PositionTTM20252024202320222021202020192018201720162015
AVDV
Avantis International Small Cap Value ETF		4.11%3.05%4.31%3.29%3.17%2.39%1.67%0.36%0.00%0.00%0.00%0.00%
XNTK
SPDR NYSE Technology ETF		0.17%0.23%0.42%0.34%0.85%0.34%0.30%0.61%29.64%1.29%0.81%0.93%

Frequently Asked Questions

XNTK and AVDV have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XNTK has higher volatility (12.53%) compared to AVDV (6.26%). In terms of maximum drawdown, XNTK dropped -72.38% vs AVDV's -43.01%.

On 5-year performance, XNTK leads with 19.92% vs 13.63% for AVDV. On fees, XNTK is cheaper at 0.35% per year. On volatility, AVDV has been the lower-risk option at 6.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, XNTK has performed better with a 19.92% return vs 13.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XNTK is cheaper with a 0.35% expense ratio, compared with 0.36% for AVDV.

AVDV has the higher dividend yield at 4.11%, compared with 0.17% for XNTK.

XNTK is categorized as Technology Equities, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: State Street and Avantis. Their fees differ too: 0.35% for XNTK and 0.36% for AVDV.

AVDV currently has the higher Sharpe Ratio (2.53 vs 2.50), 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.

Portfolio Optimizer

Find the right allocation for XNTK and AVDV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer