AVDE vs DFIC
Avantis International Equity ETF vs Dimensional International Core Equity 2 ETF
Which is better, AVDE or DFIC?
Nearly the same fund. DFIC costs less.
DFIC has a lower expense ratio. AVDE led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 1.00. DFIC is less concentrated, with 7.1% of the fund in its ten largest positions against 7.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVDE | DFIC |
|---|---|---|
| Expense Ratio | 0.23% | 0.22%Best |
| AUM | $19.4B | $15.4B |
| Dividend Yield | 2.81% | 2.54% |
| Holdings | 6,719 | 8,169 |
| YTD Return | +7.34%Best | +6.42% |
| 1Y Return | +14.50%Best | +13.95% |
| 3Y Return (annualized) | +19.90%Best | +19.45% |
| 5Y Return (annualized) | +8.95% | - |
| Volatility (annualized) | 16.0% | 15.8%Best |
| Max Drawdown | -24.9% | -24.4%Best |
| $10,000 over 4.6 years | $16,404Best | $16,289 |
| Top 10 Weight | 7.5% | 7.1%Best |
| Fund Family | Avantis Investors | Dimensional |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2019 | Mar 23, 2022 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Mar 24, 2022 to Nov 6, 2026 (4.6 years).
AVDE vs DFIC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.6 years both funds cover.
AVDE vs DFIC Performance
Avantis International Equity ETF (AVDE) is an ETF from Avantis Investors and Dimensional International Core Equity 2 ETF (DFIC) is an ETF from Dimensional. Over the past year AVDE returned +14.50% while DFIC returned +13.95%. Year to date, AVDE is up 7.34% versus a gain of 6.42% for DFIC.
Over three years, AVDE compounded at +19.90% per year against +19.45% for DFIC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVDE has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.8% for DFIC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.9% for AVDE and -24.4% for DFIC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVDE charges 0.23% per year while DFIC charges 0.22%. On a $10,000 position that is $23 vs $22 annually, a gap of $1 per year that compounds over a long holding period. On income, AVDE currently yields 2.81% against 2.54% for DFIC.
Holdings Overlap
89.8% of AVDE's money is in holdings DFIC also owns. 83.8% of DFIC's money is in holdings AVDE also owns.
Most of AVDE is already inside DFIC. Owning both mostly buys the same companies twice.
2,571 positions in common, counted across the 3,299 positions we hold weights for in AVDE and 3,989 in DFIC, against full books of 6,719 and 8,169.
What only one of them owns
Our book lists 0 positions for DFIC that do not appear in our book for AVDE (0.6% of the fund), and 5 for AVDE that do not appear in DFIC (1.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AVDE | Weight in DFIC | Difference |
|---|---|---|---|
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 1.29% | 1.09% | 0.20% |
| SHELShell Plc | 1.00% | 1.13% | 0.13% |
| ROP:SMRoche Ps Par Ag | 0.99% | 0.64% | 0.35% |
| NESN:SMNestle Sa | 0.65% | 0.61% | 0.04% |
| RY:CARoyal Bank of Canada | 0.44% | 0.79% | 0.35% |
| TTE:PATotal Fina Elf Holdings Usa, Inc. | 0.43% | 0.76% | 0.33% |
| NVS:SMNovartis Ag Sponsored Adr (1 Ads : 1 Ordinary) | 0.47% | 0.71% | 0.24% |
| HSBCHSBC Holdings Plc (ADR) | 0.75% | 0.43% | 0.32% |
| BBVABanco Bilbao Vizcaya Argentaria, S.a. Ads Each Repr 1 Ord Eur0.49 | 0.61% | 0.44% | 0.17% |
| ALVG:SGAllianz Se | 0.55% | 0.48% | 0.07% |
89.8% of AVDE is already inside DFIC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVDE or DFIC?
AVDE has an expense ratio of 0.23% while DFIC charges 0.22%. DFIC is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, AVDE or DFIC?
Over the past year AVDE returned +14.50% vs +13.95% for DFIC, so AVDE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVDE or DFIC?
AVDE has been the more volatile fund at 16.0% annualized versus 15.8% for DFIC. Worst drawdown: AVDE -24.9% vs DFIC -24.4%.
Should I hold both AVDE and DFIC?
AVDE and DFIC have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AVDE and DFIC?
89.8% of AVDE's money is in holdings DFIC also owns. 83.8% of DFIC's is in holdings AVDE also owns. They hold 2,571 positions in common, counted across the 3,299 positions we hold weights for in AVDE and 3,989 in DFIC.
Which pays a higher dividend, AVDE or DFIC?
AVDE yields 2.81% while DFIC yields 2.54%, so AVDE currently pays the higher dividend yield.
Is DFIC better than AVDE?
DFIC has a lower expense ratio. AVDE led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 1.00. DFIC is less concentrated, with 7.1% of the fund in its ten largest positions against 7.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.