AVDS vs NCA

Comparison between AVANTIS INTERNATIONAL SMALL CAP EQUITY ETF (AVDS, ETF) and Nuveen California Municipal Value Fund. (NCA, ETF).

AVDS vs NCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVDS(ETF)	NCA(ETF)
Net Assets	$306M	$305M
Expense Ratio	0.30%	N/A
Max Drawdown	14.17%	31.70%
Sharpe Ratio	1.55	0.71
5Y Beta	0.71	0.14
5Y Dividends CAGR	N/A	2.05%

Net Assets

Winner

AVDS

$306M

NCA

$305M

Expense Ratio

AVDS

0.30%

NCA

N/A

Max Drawdown

Winner

AVDS

14.17%

NCA

31.70%

Sharpe Ratio

Winner

AVDS

1.55

NCA

0.71

5Y Beta

AVDS

0.71

Winner

NCA

0.14

5Y Dividends CAGR

AVDS

N/A

NCA

2.05%

AVDS vs NCA - Historical Returns

Returns include dividend reinvestment.

Period	AVDS	NCA
1 month	-0.56%	-2.65%
3 months	+6.34%	-2.54%
6 months	+13.83%	+5.74%
1 year	+30.86%	+12.70%
5 years(CAGR)	N/A	+0.77%
10 years(CAGR)	N/A	+1.85%
Max(CAGR)	+18.63%	+4.89%

Winner

AVDS

-0.56%

NCA

-2.65%

Winner

AVDS

+6.34%

NCA

-2.54%

Winner

AVDS

+13.83%

NCA

+5.74%

Winner

AVDS

+30.86%

NCA

+12.70%

5Y(CAGR)

AVDS

N/A

NCA

+0.77%

10Y(CAGR)

AVDS

N/A

NCA

+1.85%

Max(CAGR)

Winner

AVDS

+18.63%

NCA

+4.89%

AVDS vs NCA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AVDS	NCA
2026	+10.25%	+3.62%
2025	+38.25%	+10.13%
2024	+4.54%	-0.80%
2023	+3.78%	+8.96%
2022	N/A	-13.22%
2021	N/A	-2.16%
2020	N/A	+4.73%
2019	N/A	+19.52%
2018	N/A	-7.83%
2017	N/A	+1.75%
2016	N/A	+0.41%
2015	N/A	+8.06%
2014	N/A	+19.53%
2013	N/A	-5.95%
2012	N/A	+10.54%
2011	N/A	+16.12%
2010	N/A	+0.45%
2009	N/A	+10.05%
2008	N/A	-3.00%
2007	N/A	-5.56%
2006	N/A	+12.17%
2005	N/A	+9.35%
2004	N/A	+6.39%
2003	N/A	+3.67%
2002	N/A	+1.42%
2001	N/A	+11.60%
2000	N/A	+21.02%
1999	N/A	-8.03%

AVDS vs NCA Drawdown Comparison

The maximum drawdown for AVDS was -13.51%, occurring on Apr 7, 2025. Recovery took 27 trading sessions.

The maximum drawdown for NCA was -23.58%, occurring on Oct 10, 2008. Recovery took 580 trading sessions.

The current AVDS drawdown is -2.54%. The current NCA drawdown is -5.15%.

Rank	AVDS	NCA
#1	-13.51% Mar 19, 2025 - Apr 28, 2025	-23.58% May 15, 2007 - Sep 1, 2009
#2	-13.09% Jul 31, 2023 - Dec 14, 2023	-22.97% Sep 16, 2021 - Jan 7, 2026
#3	-12.44% Feb 27, 2026 - May 26, 2026	-19.28% Mar 3, 2020 - Sep 14, 2020
#4	-9.51% Sep 26, 2024 - Mar 17, 2025	-14.95% Jan 24, 2013 - Apr 25, 2014
#5	-7.37% Jul 16, 2024 - Aug 21, 2024	-14.28% Sep 2, 2010 - Nov 9, 2011
#6	-5.45% May 29, 2026 - Jun 10, 2026	-13.49% Sep 22, 2016 - Jul 9, 2019
#7	-5.30% Oct 27, 2025 - Nov 28, 2025	-13.48% Nov 2, 1999 - Mar 30, 2000
#8	-4.46% Dec 27, 2023 - Mar 6, 2024	-12.31% Jun 26, 2003 - Feb 12, 2004
#9	-4.39% Apr 9, 2024 - May 9, 2024	-12.29% Feb 17, 2004 - Nov 16, 2004
#10	-4.13% Aug 27, 2024 - Sep 19, 2024	-10.28% Sep 30, 2002 - Jun 12, 2003
#11	-3.71% Jun 3, 2024 - Jul 12, 2024	-9.19% Jan 20, 2021 - Jul 29, 2021
#12	-3.58% Jul 23, 2025 - Aug 12, 2025	-8.33% Mar 30, 2000 - Jun 9, 2000
#13	-3.33% Jan 27, 2026 - Feb 9, 2026	-7.94% Mar 7, 2001 - Jul 23, 2001
#14	-3.25% Oct 6, 2025 - Oct 27, 2025	-7.88% Mar 1, 2012 - May 4, 2012
#15	-2.30% May 20, 2024 - May 31, 2024	-7.72% Aug 10, 2000 - Jan 4, 2001

Correlation

Correlation between AVDS and NCA is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2026)

AVDS vs NCA dividend yield comparison.

Year	AVDS	NCA
2026	1.14%	1.94%
2025	2.37%	3.89%
2024	3.07%	4.12%
2023	0.72%	3.88%
2022	0.00%	3.66%
2021	0.00%	3.02%
2020	0.00%	2.98%
2019	0.00%	3.21%
2018	0.00%	3.79%
2017	0.00%	5.33%
2016	0.00%	4.36%
2015	0.00%	4.34%
2014	0.00%	4.45%
2013	0.00%	5.11%
2012	0.00%	4.69%
2011	0.00%	4.81%
2010	0.00%	5.32%
2009	0.00%	5.03%
2008	0.00%	6.90%
2007	0.00%	5.13%
2006	0.00%	4.78%
2005	0.00%	5.39%
2004	0.00%	6.01%
2003	0.00%	5.97%
2002	0.00%	5.49%
2001	0.00%	5.17%
2000	0.00%	2.31%