AVXC vs SPY
Avantis Emerging Markets ex-China Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AVXC or SPY?
AVXC has been ahead.
SPY has a lower expense ratio. AVXC led over 1Y and the full window.
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 | AVXC | SPY |
|---|---|---|
| Expense Ratio | 0.33% | 0.09%Best |
| AUM | $459M | $804.7B |
| Dividend Yield | 1.75% | 0.98% |
| Holdings | 2,809 | 505 |
| YTD Return | +29.11%Best | +12.99% |
| 1Y Return | +40.24%Best | +16.73% |
| 3Y Return (annualized) | - | +22.52% |
| 5Y Return (annualized) | - | +13.07% |
| Volatility (annualized) | 18.2% | 12.1%Best |
| Max Drawdown | -19.8% | -18.8%Best |
| $10,000 over 2.5 years | $17,274Best | $15,081 |
| Fund Family | Avantis Investors | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 19, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 21, 2024 to Sep 23, 2026 (2.5 years).
AVXC vs SPY 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 2.5 years both funds cover.
AVXC vs SPY Performance
Avantis Emerging Markets ex-China Equity ETF (AVXC) is an ETF from Avantis Investors and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AVXC returned +40.24% while SPY returned +16.73%. Year to date, AVXC is up 29.11% versus a gain of 12.99% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVXC has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 12.1% 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 -19.8% for AVXC and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVXC charges 0.33% per year while SPY charges 0.09%. On a $10,000 position that is $33 vs $9 annually, a gap of $24 per year that compounds over a long holding period. On income, AVXC currently yields 1.75% against 0.98% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings AVXC also owns.
Stated as a floor: for AVXC, our book for it covers 92.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1,789 positions we hold weights for in AVXC and 504 in SPY, against full books of 2,809 and 505.
Top Shared Holdings
| Stock | Weight in AVXC | Weight in SPY | Difference |
|---|---|---|---|
| HALHalliburton Co. | 0.09% | 0.05% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of AVXC and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVXC or SPY?
AVXC has an expense ratio of 0.33% while SPY charges 0.09%. SPY is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, AVXC or SPY?
Over the past year AVXC returned +40.24% vs +16.73% for SPY, so AVXC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVXC or SPY?
AVXC has been the more volatile fund at 18.2% annualized versus 12.1% for SPY. Worst drawdown: AVXC -19.8% vs SPY -18.8%.
Should I hold both AVXC and SPY?
AVXC and SPY have a monthly-return correlation of 0.60, 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, AVXC or SPY?
AVXC yields 1.75% while SPY yields 0.98%, so AVXC currently pays the higher dividend yield.
Is SPY better than AVXC?
SPY has a lower expense ratio. AVXC led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.