AVEM vs USMV

Comparison between AVANTIS EMERGING MARKETS EQUITY ETF (AVEM, ETF) and ISHARES MSCI USA MIN VOL FACTOR ETF (USMV, ETF).

5-Year PerformanceAVEM has outperformed USMV, delivering a return of +10.4% compared to +7.6%

AVEM vs USMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVEM(ETF)	USMV(ETF)
Net Assets	$23B	$23B
Expense Ratio	0.33%	0.15%
Max Drawdown	36.32%	33.10%
Sharpe Ratio	2.22	0.10
5Y Beta	0.80	0.48
P/E Ratio	N/A	22.94
Forward P/E	N/A	19.28
PEG Ratio	N/A	0.15
5Y Dividends CAGR	14.48%	7.83%
5Y EPS CAGR	N/A	20.22%
Debt to Equity	N/A	42.89%
P/S Ratio	N/A	2.14
P/B Ratio	N/A	4.23

Net Assets

Winner

AVEM

$23B

USMV

$23B

Expense Ratio

AVEM

0.33%

Winner

USMV

0.15%

Max Drawdown

AVEM

36.32%

Winner

USMV

33.10%

Sharpe Ratio

Winner

AVEM

2.22

USMV

0.10

5Y Beta

AVEM

0.80

Winner

USMV

0.48

P/E Ratio

AVEM

N/A

USMV

22.94

Forward P/E

AVEM

N/A

USMV

19.28

PEG Ratio

AVEM

N/A

USMV

0.15

5Y Dividends CAGR

Winner

AVEM

14.48%

USMV

7.83%

5Y EPS CAGR

AVEM

N/A

USMV

20.22%

Debt to Equity

AVEM

N/A

USMV

42.89%

P/S Ratio

AVEM

N/A

USMV

2.14

P/B Ratio

AVEM

N/A

USMV

4.23

AVEM vs USMV - Holdings Comparison

AVEM and USMV have 1 common holdings. Overlap is 0.00%

AVEM's top 25 holdings weight is 26.96%. USMV's top 25 holdings weight is 35.07%.

Rank	AVEM	USMV
#1	n/a (TSM) - 6.35%	NVIDIA CORP (NVDA) - 1.76%
#2	TENCENT HOLDINGS LTD (n/a) - 3.02%	CISCO SYSTEMS INC (CSCO) - 1.73%
#3	ALIBABA GROUP HOLDING LTD ADR (BABA) - 1.66%	MICROSOFT CORP (MSFT) - 1.65%
#4	SAMSUNG ELECTRONICS CO LTD DR (SSNHZ) - 1.62%	EXXON MOBIL CORP (XOM) - 1.57%
#5	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 1.31%	DUKE ENERGY CORP (DUK) - 1.54%
#6	SK HYNIX INC (n/a) - 1.18%	CHUBB LTD (CB) - 1.52%
#7	MEDIATEK INC (n/a) - 0.88%	SOUTHERN CO (SO) - 1.51%
#8	NETEASE INC ADR (NTES) - 0.87%	AMPHENOL CORP CLASS A (APH) - 1.48%
#9	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.77%	VERIZON COMMUNICATIONS INC (VZ) - 1.48%
#10	RELIANCE INDUSTRIES LTD GDR 144A (RLNIY) - 0.77%	WASTE MANAGEMENT INC (WM) - 1.45%
#11	ICICI BANK LTD ADR (IBN) - 0.73%	MOTOROLA SOLUTIONS INC (MSI) - 1.45%
#12	HDFC BANK LTD (n/a) - 0.73%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.44%
#13	PDD HOLDINGS INC ADR (PDD) - 0.70%	JOHNSON & JOHNSON (JNJ) - 1.43%
#14	PETROLEO BRASILEIRO SA PETROBRAS ADR (PBR-A) - 0.67%	VERTEX PHARMACEUTICALS INC (VRTX) - 1.38%
#15	BANK OF CHINA LTD CLASS H (n/a) - 0.62%	MCKESSON CORP (MCK) - 1.35%
#16	MEITUAN CLASS B (n/a) - 0.56%	CONSOLIDATED EDISON INC (ED) - 1.33%
#17	INFOSYS LTD ADR (INFY) - 0.55%	CENCORA INC (COR) - 1.31%
#18	n/a (n/a) - 0.55%	WASTE CONNECTIONS INC (WCN) - 1.28%
#19	n/a (n/a) - 0.54%	REPUBLIC SERVICES INC (RSG) - 1.27%
#20	n/a (n/a) - 0.53%	MCDONALD'S CORP (MCD) - 1.25%
#21	INNOVENT BIOLOGICS INC (n/a) - 0.52%	COCA-COLA CO (KO) - 1.20%
#22	KB FINANCIAL GROUP INC ADR (KB) - 0.47%	MERCK & CO INC (MRK) - 1.19%
#23	HANWHA AEROSPACE CO LTD (n/a) - 0.47%	NEWMONT CORP (NEM) - 1.17%
#24	n/a (n/a) - 0.45%	MASTERCARD INC CLASS A (MA) - 1.17%
#25	CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.44%	TJX COMPANIES INC (TJX) - 1.16%
Total Holdings	2508	174

AVEM vs USMV - Historical Returns

Returns include dividend reinvestment.

Period	AVEM	USMV
1 month	+7.37%	+1.05%
3 months	+8.42%	-0.33%
6 months	+21.02%	+0.76%
1 year	+50.17%	+3.38%
5 years(CAGR)	+10.41%	+7.59%
10 years(CAGR)	N/A	+9.80%
Max(CAGR)	+12.65%	+11.53%

Winner

AVEM

+7.37%

USMV

+1.05%

Winner

AVEM

+8.42%

USMV

-0.33%

Winner

AVEM

+21.02%

USMV

+0.76%

Winner

AVEM

+50.17%

USMV

+3.38%

5Y(CAGR)

Winner

AVEM

+10.41%

USMV

+7.59%

10Y(CAGR)

AVEM

N/A

USMV

+9.80%

Max(CAGR)

Winner

AVEM

+12.65%

USMV

+11.53%

AVEM vs USMV - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	AVEM	USMV
2026	+18.14%	+1.31%
2025	+34.58%	+7.81%
2024	+8.98%	+15.30%
2023	+14.71%	+10.24%
2022	-18.66%	-8.86%
2021	+4.31%	+22.56%
2020	+12.83%	+5.60%
2019	+11.13%	+28.82%
2018	N/A	+1.39%
2017	N/A	+18.60%
2016	N/A	+11.96%
2015	N/A	+5.37%
2014	N/A	+17.49%
2013	N/A	+22.60%
2012	N/A	+10.87%
2011	N/A	+5.67%

AVEM vs USMV Drawdown Comparison

The maximum drawdown for AVEM was -36.05%, occurring on Mar 23, 2020. Recovery took 204 trading sessions.

The maximum drawdown for USMV was -33.10%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The current AVEM drawdown is -2.83%. The current USMV drawdown is -3.00%.

Rank	AVEM	USMV
#1	-36.05% Jan 17, 2020 - Nov 6, 2020	-33.10% Feb 14, 2020 - Jan 8, 2021
#2	-34.01% Jun 4, 2021 - Sep 24, 2024	-17.92% Dec 29, 2021 - Jan 2, 2024
#3	-18.02% Oct 7, 2024 - May 19, 2025	-12.69% Sep 21, 2018 - Feb 15, 2019
#4	-13.13% Feb 25, 2026 - Apr 17, 2026	-9.50% Aug 17, 2015 - Dec 29, 2015
#5	-8.21% Feb 17, 2021 - Jun 1, 2021	-9.36% Feb 28, 2025 - May 19, 2025
#6	-5.39% Jan 21, 2021 - Feb 8, 2021	-9.17% Jan 26, 2018 - Jul 25, 2018
#7	-4.52% Oct 29, 2025 - Dec 26, 2025	-7.31% Jul 22, 2016 - Feb 13, 2017
#8	-4.45% Oct 6, 2025 - Oct 20, 2025	-7.14% Dec 29, 2015 - Mar 3, 2016
#9	-4.05% Nov 7, 2019 - Dec 12, 2019	-6.86% Nov 26, 2024 - Feb 28, 2025
#10	-3.55% Jul 23, 2025 - Aug 12, 2025	-6.64% May 15, 2013 - Sep 18, 2013
#11	-2.99% Jan 28, 2026 - Feb 9, 2026	-6.46% Feb 27, 2026 - Mar 27, 2026
#12	-2.83% May 11, 2026 - May 12, 2026	-6.03% Sep 2, 2021 - Nov 3, 2021
#13	-2.67% Sep 23, 2019 - Oct 11, 2019	-5.94% Oct 5, 2012 - Jan 10, 2013
#14	-2.47% Jun 12, 2025 - Jun 24, 2025	-5.38% Nov 11, 2011 - Dec 6, 2011
#15	-2.17% Dec 17, 2020 - Dec 29, 2020	-5.13% Dec 31, 2013 - Feb 18, 2014

Correlation

Correlation between AVEM and USMV is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2011 - 2026)

AVEM vs USMV dividend yield comparison.

Year	AVEM	USMV
2026	0.06%	0.41%
2025	2.45%	1.49%
2024	3.17%	1.67%
2023	3.06%	1.82%
2022	2.77%	1.62%
2021	2.61%	1.26%
2020	1.60%	1.81%
2019	0.35%	1.88%
2018	0.00%	2.12%
2017	0.00%	1.77%
2016	0.00%	2.22%
2015	0.00%	2.02%
2014	0.00%	1.88%
2013	0.00%	2.18%
2012	0.00%	1.96%
2011	0.00%	0.29%