AVDV vs VYM

AVDV vs VYM

Which is better, AVDV or VYM?

Small Cap Value against Large Cap Value.

VYM has a lower expense ratio. AVDV led over 1Y, 3Y, 5Y and the full window. AVDV is less concentrated, with 6.8% of the fund in its ten largest positions against 25.9%.

Lower Fees: VYMHigher Returns: AVDVLess Concentrated: AVDV

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

MetricAVDVVYM
Expense Ratio0.36%0.04%Best
AUM$20.4B$81.6B
Dividend Yield2.77%2.24%
Holdings1,704613
YTD Return+21.71%Best+14.82%
1Y Return+36.86%Best+20.84%
3Y Return (annualized)+28.93%Best+18.64%
5Y Return (annualized)+14.98%Best+12.28%
Volatility (annualized)20.0%15.3%Best
Max Drawdown-43.0%-35.7%Best
$10,000 over 5 years$20,096Best$17,845
Top 10 Weight6.8%Best25.9%
Fund FamilyAvantis InvestorsVanguard (US)
CategoryEquityEquity
StyleSmall Cap ValueLarge Cap Value
InceptionSep 24, 2019Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Sep 4, 2026 (6.9 years).

AVDV vs VYM 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 6.9 years both funds cover.

AVDV vs VYM Performance

Avantis International Small Cap Value ETF (AVDV) is an ETF from Avantis Investors and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year AVDV returned +36.86% while VYM returned +20.84%. Year to date, AVDV is up 21.71% versus a gain of 14.82% for VYM.

Over three years, AVDV compounded at +28.93% per year against +18.64% for VYM; over five years the annualized figures are +14.98% and +12.28% respectively. Across the full 7-year window we track, AVDV has the edge at +15.68% annualized vs +11.87%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AVDV has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 15.3% for VYM. 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 -43.0% for AVDV and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

AVDV charges 0.36% per year while VYM charges 0.04%. On a $10,000 position that is $36 vs $4 annually, a gap of $32 per year that compounds over a long holding period. On income, AVDV currently yields 2.77% against 2.24% for VYM.

Holdings Overlap

AVDV already in VYM0.2%
VYM already in AVDV0.1%

0.2% of AVDV's money is in holdings VYM also owns. 0.1% of VYM's money is in holdings AVDV also owns.

We cannot see either book well enough to say how much of this pair is duplicated.

1 positions in common, counted across the 1,240 positions we hold weights for in AVDV and 602 in VYM, against full books of 1,704 and 613.

What only one of them owns

Our book lists 568 positions for VYM that do not appear in our book for AVDV (97.2% of the fund), and 9 for AVDV that do not appear in VYM (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

StockWeight in AVDVWeight in VYMDifference
OVVOvintiv Inc.0.16%0.06%0.10%

You are not choosing between two funds in isolation.

Whichever of AVDV and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AVDVVYM

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Frequently Asked Questions

Which is cheaper, AVDV or VYM?

AVDV has an expense ratio of 0.36% while VYM charges 0.04%. VYM is the cheaper option, by $32 a year on a $10,000 investment.

Which performed better, AVDV or VYM?

Over the past year AVDV returned +36.86% vs +20.84% for VYM, so AVDV leads on 1-year performance. Over the longest common window we track (7 years), AVDV annualized +15.68% vs +11.87% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AVDV or VYM?

AVDV has been the more volatile fund at 20.0% annualized versus 15.3% for VYM. Worst drawdown: AVDV -43.0% vs VYM -35.7%.

Should I hold both AVDV and VYM?

AVDV and VYM have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, AVDV or VYM?

AVDV yields 2.77% while VYM yields 2.24%, so AVDV currently pays the higher dividend yield.

Is VYM better than AVDV?

VYM has a lower expense ratio. AVDV led over 1Y, 3Y, 5Y and the full window. AVDV is less concentrated, with 6.8% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.