AVSD vs SPY
Avantis Responsible International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. AVSD delivered stronger 1-year returns. AVSD offers more diversification with 1553 holdings.
Side-by-Side Comparison
| Metric | AVSD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.23% | 0.09% | |
| AUM | $476M | $789.1B | |
| Dividend Yield | 2.35% | 1.01% | |
| Holdings | 4,213 | 505 | |
| YTD Return | +12.43% | +13.39% | |
| 1Y Return | +24.06% | +22.52% | |
| 3Y Return (annualized) | +20.98% | +21.36% | |
| 5Y Return (annualized) | - | +13.19% | |
| Volatility (annualized) | 16.4% | 15.3% | |
| Max Drawdown | -25.6% | -56.5% | |
| Fund Family | Avantis Investors | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 15, 2022 | Jan 22, 1993 |
AVSD vs SPY Performance
Avantis Responsible International Equity ETF (AVSD) is a ETF from Avantis Investors and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AVSD returned +24.06% while SPY returned +22.52%. Year to date, AVSD is up 12.43% versus a gain of 13.39% for SPY.
Over three years, AVSD compounded at +20.98% per year against +21.36% for SPY. Across the full 4-year window we track, AVSD has the edge at +13.72% annualized vs +8.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVSD has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.3% for SPY. 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 -25.6% for AVSD and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVSD charges 0.23% per year while SPY charges 0.09%. On a $10,000 position that is $23 vs $9 annually, a gap of $14 per year that compounds over a long holding period. On income, AVSD currently yields 2.35% against 1.01% for SPY.
Holdings Overlap
AVSD and SPY share 1 holdings out of 2055 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVSD | Weight in SPY | Difference |
|---|---|---|---|
| GEN | 0.00% | 0.02% | 0.02% |
Frequently Asked Questions
Which is cheaper, AVSD or SPY?
AVSD has an expense ratio of 0.23% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, AVSD or SPY?
Over the past year AVSD returned +24.06% vs +22.52% for SPY, so AVSD leads on 1-year performance. Over the longest common window we track (4 years), AVSD annualized +13.72% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, AVSD or SPY?
AVSD has been the more volatile fund at 16.4% annualized versus 15.3% for SPY. Worst drawdown: AVSD -25.6% vs SPY -56.5%.
Should I hold both AVSD and SPY?
AVSD and SPY have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVSD and SPY?
AVSD and SPY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 2055 unique securities.
Which pays a higher dividend, AVSD or SPY?
AVSD yields 2.35% while SPY yields 1.01%, so AVSD currently pays the higher dividend yield.
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