PIE vs AVSE
Comparison between INVESCO DORSEY WRIGHT EMERGING MARKETS MOMENTUM ETF (PIE, ETF) and AVANTIS RESPONSIBLE EMERGING MARKETS EQUITY ETF (AVSE, ETF).
PIE vs AVSE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PIE
$201M
Winner
AVSE
$201M
Expense Ratio
PIE
0.90%
Winner
AVSE
0.33%
Max Drawdown
PIE
73.06%
Winner
AVSE
26.52%
Sharpe Ratio
Winner
PIE
1.93
AVSE
1.56
5Y Beta
PIE
0.84
Winner
AVSE
0.82
5Y Dividends CAGR
PIE
12.90%
AVSE
N/A
PIE vs AVSE - Holdings Comparison
PIE and AVSE have 2 common holdings. Overlap is 0.24%
PIE's top 25 holdings weight is 51.66%. AVSE's top 25 holdings weight is 32.90%.
| Rank | PIE | AVSE |
|---|---|---|
| #1 | ACCTON TECHNOLOGY CORP (n/a) - 4.22% | n/a (TSM) - 8.99% |
| #2 | MARKETECH INTERNATIONAL CORP (n/a) - 3.70% | SAMSUNG ELECTRONICS CO LTD DR (SSNHZ) - 4.76% |
| #3 | SIGURD MICROELECTRONICS CORP (n/a) - 3.33% | SK HYNIX INC (n/a) - 4.27% |
| #4 | UNITED INTEGRATED SERVICES CO LTD (n/a) - 3.33% | TENCENT HOLDINGS LTD (n/a) - 2.48% |
| #5 | TOPCO SCIENTIFIC CO LTD (n/a) - 3.24% | ALIBABA GROUP HOLDING LTD ADR (BABA) - 1.34% |
| #6 | n/a (n/a) - 2.84% | CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 1.07% |
| #7 | n/a (n/a) - 2.08% | MEDIATEK INC (n/a) - 0.88% |
| #8 | UNIMICRON TECHNOLOGY CORP (n/a) - 2.08% | HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.71% |
| #9 | n/a (n/a) - 2.06% | n/a (n/a) - 0.67% |
| #10 | TRIPOD TECHNOLOGY CORP (n/a) - 1.89% | ICICI BANK LTD ADR (IBN) - 0.64% |
| #11 | ELITE MATERIAL CO LTD (n/a) - 1.87% | n/a (n/a) - 0.63% |
| #12 | WINWAY TECHNOLOGY CO LTD ORDINARY SHARES (n/a) - 1.76% | YUM CHINA HOLDINGS INC (YUMC) - 0.59% |
| #13 | NANYA TECHNOLOGY CORP (n/a) - 1.73% | GEELY AUTOMOBILE HOLDINGS LTD (n/a) - 0.53% |
| #14 | ASELSAN ELEKTRONIK SANAYI VE TICARET AS (n/a) - 1.66% | NETEASE INC ADR (NTES) - 0.53% |
| #15 | GENTERA SAB DE CV (n/a) - 1.55% | PDD HOLDINGS INC ADR (PDD) - 0.53% |
| #16 | BIZLINK HOLDING INC (n/a) - 1.55% | HDFC BANK LTD (n/a) - 0.52% |
| #17 | SUPREME ELECTRONICS CO LTD (n/a) - 1.52% | ELITE MATERIAL CO LTD (n/a) - 0.48% |
| #18 | WINBOND ELECTRONICS CORP (n/a) - 1.49% | HYUNDAI MOTOR CO (n/a) - 0.48% |
| #19 | ASE TECHNOLOGY HOLDING CO LTD (n/a) - 1.46% | n/a (n/a) - 0.48% |
| #20 | CHROMA ATE INC (n/a) - 1.44% | KB FINANCIAL GROUP INC ADR (KB) - 0.45% |
| #21 | KINSUS INTERCONNECT TECHNOLOGY CORP (n/a) - 1.42% | CHINA LIFE INSURANCE CO LTD CLASS H (n/a) - 0.44% |
| #22 | SHANGHAI CONANT OPTICAL CO LTD CLASS H (n/a) - 1.40% | TS FINANCIAL HOLDING CO LTD (n/a) - 0.36% |
| #23 | NAN YA PRINTED CIRCUIT BOARD CORP (n/a) - 1.39% | n/a (n/a) - 0.36% |
| #24 | MACRONIX INTERNATIONAL CO LTD (n/a) - 1.34% | KIA CORP (n/a) - 0.36% |
| #25 | MEGA UNION TECHNOLOGY INC (n/a) - 1.31% | SHINHAN FINANCIAL GROUP CO LTD ADR (SHG) - 0.35% |
| Total Holdings | 110 | 2211 |
PIE vs AVSE - Historical Returns
Returns include dividend reinvestment.
1M
PIE
-3.34%
Winner
AVSE
-0.19%
3M
Winner
PIE
+15.69%
AVSE
+12.31%
6M
Winner
PIE
+27.77%
AVSE
+19.69%
1Y
Winner
PIE
+56.78%
AVSE
+39.28%
5Y(CAGR)
PIE
+5.53%
Winner
AVSE
+13.44%
10Y(CAGR)
PIE
+9.29%
AVSE
N/A
Max(CAGR)
PIE
+2.58%
Winner
AVSE
+13.44%
PIE vs AVSE - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PIE | AVSE |
|---|---|---|
| 2026 | +27.79% | +15.39% |
| 2025 | +25.76% | +32.37% |
| 2024 | +1.38% | +9.98% |
| 2023 | +12.56% | +15.41% |
| 2022 | -28.77% | -13.84% |
| 2021 | +12.85% | N/A |
| 2020 | +18.03% | N/A |
| 2019 | +25.13% | N/A |
| 2018 | -22.83% | N/A |
| 2017 | +41.02% | N/A |
| 2016 | +2.26% | N/A |
| 2015 | -13.21% | N/A |
| 2014 | -0.27% | N/A |
| 2013 | -2.46% | N/A |
| 2012 | +14.98% | N/A |
| 2011 | -13.39% | N/A |
| 2010 | +21.08% | N/A |
| 2009 | +53.15% | N/A |
| 2008 | -62.20% | N/A |
| 2007 | +0.56% | N/A |
PIE vs AVSE Drawdown Comparison
The maximum drawdown for PIE was -72.98%, occurring on Mar 2, 2009. Recovery took 3259 trading sessions.
The maximum drawdown for AVSE was -26.28%, occurring on Oct 24, 2022. Recovery took 483 trading sessions.
The current PIE drawdown is -7.85%. The current AVSE drawdown is -8.28%.
| Rank | PIE | AVSE |
|---|---|---|
| #1 | -72.98% Jan 10, 2008 - Dec 18, 2020 | -26.28% Apr 4, 2022 - Mar 7, 2024 |
| #2 | -40.31% Jul 15, 2021 - Jan 6, 2026 | -17.67% Oct 7, 2024 - May 16, 2025 |
| #3 | -12.87% Feb 17, 2021 - Jun 1, 2021 | -14.17% Feb 25, 2026 - Apr 30, 2026 |
| #4 | -9.87% Feb 27, 2026 - Apr 10, 2026 | -9.25% Jul 12, 2024 - Sep 24, 2024 |
| #5 | -7.85% May 26, 2026 - Jun 5, 2026 | -8.28% Jun 2, 2026 - Jun 5, 2026 |
| #6 | -6.90% May 11, 2026 - May 26, 2026 | -5.90% May 11, 2026 - May 26, 2026 |
| #7 | -5.39% Jan 25, 2021 - Feb 2, 2021 | -5.05% Apr 9, 2024 - May 2, 2024 |
| #8 | -4.89% Jan 28, 2026 - Feb 11, 2026 | -4.59% Oct 6, 2025 - Oct 20, 2025 |
| #9 | -2.18% Apr 22, 2026 - Apr 24, 2026 | -4.54% Oct 29, 2025 - Dec 26, 2025 |
| #10 | -1.92% Jun 1, 2021 - Jun 21, 2021 | -4.46% May 17, 2024 - Jul 3, 2024 |
| #11 | -1.86% Jan 14, 2021 - Jan 19, 2021 | -3.60% Jul 23, 2025 - Aug 13, 2025 |
| #12 | -1.85% Jul 7, 2021 - Jul 15, 2021 | -2.73% Jun 12, 2025 - Jun 24, 2025 |
| #13 | -1.46% Dec 31, 2007 - Jan 7, 2008 | -2.45% Jan 28, 2026 - Feb 9, 2026 |
| #14 | -1.37% May 6, 2026 - May 11, 2026 | -1.97% Mar 12, 2024 - Apr 5, 2024 |
| #15 | -1.33% Jan 8, 2021 - Jan 14, 2021 | -1.94% Sep 17, 2025 - Oct 1, 2025 |
Correlation
Correlation between PIE and AVSE is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (2008 - 2026)
PIE vs AVSE dividend yield comparison.
| Year | PIE | AVSE |
|---|---|---|
| 2026 | 0.09% | 0.07% |
| 2025 | 2.28% | 2.68% |
| 2024 | 2.33% | 3.03% |
| 2023 | 2.59% | 3.20% |
| 2022 | 3.45% | 1.27% |
| 2021 | 1.28% | 0.00% |
| 2020 | 1.32% | 0.00% |
| 2019 | 2.29% | 0.00% |
| 2018 | 3.32% | 0.00% |
| 2017 | 1.63% | 0.00% |
| 2016 | 1.48% | 0.00% |
| 2015 | 0.80% | 0.00% |
| 2014 | 0.53% | 0.00% |
| 2013 | 1.23% | 0.00% |
| 2012 | 0.68% | 0.00% |
| 2011 | 0.80% | 0.00% |
| 2010 | 0.34% | 0.00% |
| 2009 | 0.71% | 0.00% |
| 2008 | 0.67% | 0.00% |
Select Stocks to Compare
Popular: PIE vs SPYAVSE vs SPY
More Comparisons
Compare with similar stocks