AVES vs ZROZ

Comparison between AVANTIS EMERGING MARKETS VALUE ETF (AVES, ETF) and PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND (ZROZ, ETF).

5-Year PerformanceAVES has outperformed ZROZ, delivering a return of +10.4% compared to -11.1%

AVES vs ZROZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVES(ETF)	ZROZ(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	0.36%	0.15%
Max Drawdown	28.22%	67.48%
Sharpe Ratio	2.12	-0.18
5Y Beta	0.66	0.11
5Y Dividends CAGR	N/A	3.66%

Net Assets

AVES

$1.40B

ZROZ

$1.40B

Expense Ratio

AVES

0.36%

Winner

ZROZ

0.15%

Max Drawdown

Winner

AVES

28.22%

ZROZ

67.48%

Sharpe Ratio

Winner

AVES

2.12

ZROZ

-0.18

5Y Beta

AVES

0.66

Winner

ZROZ

0.11

5Y Dividends CAGR

AVES

N/A

ZROZ

3.66%

AVES vs ZROZ - Historical Returns

Returns include dividend reinvestment.

Period	AVES	ZROZ
1 month	+6.78%	-1.55%
3 months	+3.93%	-2.96%
6 months	+17.50%	-6.62%
1 year	+40.66%	+0.47%
5 years(CAGR)	+10.35%	-11.09%
10 years(CAGR)	N/A	-3.98%
Max(CAGR)	+10.35%	+2.08%

Winner

AVES

+6.78%

ZROZ

-1.55%

Winner

AVES

+3.93%

ZROZ

-2.96%

Winner

AVES

+17.50%

ZROZ

-6.62%

Winner

AVES

+40.66%

ZROZ

+0.47%

5Y(CAGR)

Winner

AVES

+10.35%

ZROZ

-11.09%

10Y(CAGR)

AVES

N/A

ZROZ

-3.98%

Max(CAGR)

Winner

AVES

+10.35%

ZROZ

+2.08%

AVES vs ZROZ - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	AVES	ZROZ
2026	+14.50%	-1.13%
2025	+30.47%	-1.87%
2024	+5.94%	-15.03%
2023	+16.19%	-1.52%
2022	-16.49%	-39.26%
2021	+1.32%	-4.79%
2020	N/A	+22.56%
2019	N/A	+20.05%
2018	N/A	-3.51%
2017	N/A	+13.87%
2016	N/A	-0.31%
2015	N/A	-7.39%
2014	N/A	+48.29%
2013	N/A	-19.11%
2012	N/A	+3.51%
2011	N/A	+61.75%
2010	N/A	+9.96%
2009	N/A	-6.29%

AVES vs ZROZ Drawdown Comparison

The maximum drawdown for AVES was -27.41%, occurring on Oct 24, 2022. Recovery took 560 trading sessions.

The maximum drawdown for ZROZ was -62.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current AVES drawdown is -0.06%. The current ZROZ drawdown is -60.14%.

Rank	AVES	ZROZ
#1	-27.41% Jan 12, 2022 - Apr 8, 2024	-62.94% Mar 9, 2020 - Oct 19, 2023
#2	-18.49% Oct 2, 2024 - Jun 4, 2025	-32.29% Jul 25, 2012 - Dec 11, 2014
#3	-12.90% Feb 25, 2026 - May 6, 2026	-28.88% Aug 26, 2010 - Aug 10, 2011
#4	-8.51% Jul 12, 2024 - Sep 24, 2024	-25.82% Jan 30, 2015 - Jun 27, 2016
#5	-5.43% Oct 25, 2021 - Jan 11, 2022	-25.21% Jul 8, 2016 - Aug 2, 2019
#6	-4.76% Apr 9, 2024 - May 2, 2024	-18.35% Oct 3, 2011 - Dec 19, 2011
#7	-4.68% May 17, 2024 - Jul 11, 2024	-17.49% Dec 19, 2011 - May 17, 2012
#8	-4.55% Sep 17, 2025 - Oct 23, 2025	-15.67% Nov 27, 2009 - May 6, 2010
#9	-3.87% Nov 12, 2025 - Dec 22, 2025	-12.23% Aug 28, 2019 - Feb 20, 2020
#10	-3.72% Jul 23, 2025 - Aug 13, 2025	-9.10% Aug 10, 2011 - Aug 18, 2011
#11	-2.63% Jun 12, 2025 - Jun 24, 2025	-8.29% May 6, 2010 - May 20, 2010
#12	-2.40% Jan 28, 2026 - Feb 9, 2026	-7.85% Sep 22, 2011 - Oct 3, 2011
#13	-2.21% Oct 27, 2025 - Nov 10, 2025	-7.18% Aug 19, 2011 - Sep 2, 2011
#14	-1.92% Oct 1, 2021 - Oct 14, 2021	-7.09% Jun 1, 2012 - Jul 20, 2012
#15	-1.85% Aug 22, 2025 - Sep 8, 2025	-6.88% Jul 1, 2010 - Aug 16, 2010

Correlation

Correlation between AVES and ZROZ is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101

Dividend Comparison (2009 - 2026)

AVES vs ZROZ dividend yield comparison.

Year	AVES	ZROZ
2026	0.10%	1.31%
2025	3.17%	4.96%
2024	4.09%	4.58%
2023	3.96%	3.52%
2022	3.70%	2.76%
2021	0.62%	1.60%
2020	0.00%	1.68%
2019	0.00%	2.22%
2018	0.00%	2.06%
2017	0.00%	2.53%
2016	0.00%	3.00%
2015	0.00%	2.98%
2014	0.00%	2.60%
2013	0.00%	4.28%
2012	0.00%	3.16%
2011	0.00%	2.99%
2010	0.00%	4.55%
2009	0.00%	0.74%