AVSE vs GLOW
Avantis Responsible Emerging Markets Equity ETF vs VictoryShares WestEnd Global Equity ETF
Quick Verdict
AVSE has a lower expense ratio. AVSE delivered stronger 1-year returns. AVSE offers more diversification with 1526 holdings.
Side-by-Side Comparison
| Metric | AVSE | GLOW | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.72% | |
| AUM | $210M | $63M | |
| Dividend Yield | 1.27% | 1.28% | |
| Holdings | 4,803 | 16 | |
| YTD Return | +18.68% | +14.61% | |
| 1Y Return | +32.87% | +24.02% | |
| 3Y Return (annualized) | +23.33% | - | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 18.4% | 10.7% | |
| Max Drawdown | -26.3% | -15.6% | |
| Fund Family | Avantis Investors | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | Mar 28, 2022 | Jun 21, 2024 |
AVSE vs GLOW Performance
Avantis Responsible Emerging Markets Equity ETF (AVSE) is a ETF from Avantis Investors and VictoryShares WestEnd Global Equity ETF (GLOW) is a ETF from Victory Capital Management Inc.. Over the past year AVSE returned +32.87% while GLOW returned +24.02%. Year to date, AVSE is up 18.68% versus a gain of 14.61% for GLOW.
Risk: Volatility and Drawdowns
AVSE has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 10.7% for GLOW. 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 -26.3% for AVSE and -15.6% for GLOW. 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
AVSE charges 0.33% per year while GLOW charges 0.72%. On a $10,000 position that is $33 vs $72 annually, a gap of $39 per year that compounds over a long holding period. On income, AVSE currently yields 1.27% against 1.28% for GLOW.
Holdings Overlap
AVSE and GLOW share 0 holdings out of 1541 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVSE or GLOW?
AVSE has an expense ratio of 0.33% while GLOW charges 0.72%. AVSE is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, AVSE or GLOW?
Over the past year AVSE returned +32.87% vs +24.02% for GLOW, so AVSE leads on 1-year performance. Over the longest common window we track (2 years), AVSE annualized +13.55% vs +19.78% for GLOW. Past performance does not guarantee future results.
Which is riskier, AVSE or GLOW?
AVSE has been the more volatile fund at 18.4% annualized versus 10.7% for GLOW. Worst drawdown: AVSE -26.3% vs GLOW -15.6%.
Should I hold both AVSE and GLOW?
AVSE and GLOW 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 AVSE and GLOW?
AVSE and GLOW share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1541 unique securities.
Which pays a higher dividend, AVSE or GLOW?
AVSE yields 1.27% while GLOW yields 1.28%, so GLOW currently pays the higher dividend yield.
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