Avantis® Emerging Markets Value ETF

10-Year Study

AVES.US · · US · ETF

Executive Summary: Avantis® Emerging Markets Value ETF has compounded at 9.3% annually over the last 10 years, with a maximum drawdown of 25.2% and an annualized volatility of 14.3%.

1Y CAGR
+34.7%
3Y CAGR
+20.5%
5Y CAGR
+9.3%
10Y CAGR
+9.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
25.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.38
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.58
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
16.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +30.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -16.0%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.86.3-9.37.7————————10.8%
2025-0.20.12.11.36.46.90.82.93.31.2-0.02.430.5%
2024-2.84.51.51.02.50.30.71.05.2-4.3-1.7-3.14.5%
20238.6-5.41.41.0-2.65.16.5-5.4-1.3-3.98.44.716.8%
2022-0.5-1.7-0.9-5.50.7-8.4-0.1-0.5-11.10.315.1-2.8-16.0%
2021—————————-0.4-2.54.41.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 14.3%. The dominant macroeconomic risk driver is VWO.US, accounting for 55.0% of variance. Idiosyncratic stock-specific factors contribute 4.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2021-09-0110000
2021-10-019957.423765998044
2021-11-019703.68614436411
2021-12-0110131.633072809544
2022-01-0110083.177042299674
2022-02-019915.358818648947
2022-03-019823.23425992419
2022-04-019286.313553511958
2022-05-019350.596229958144
2022-06-018563.423947272402
2022-07-018558.566724070213
2022-08-018518.035636679704
2022-09-017576.1061802936165
2022-10-017602.228280194381
2022-11-018750.996427965521
2022-12-018506.27604366388
2023-01-019236.927910905977
2023-02-018740.817175513086
2023-03-018861.225182262073
2023-04-018950.46794348888
2023-05-018718.413523996775
2023-06-019163.651237429902
2023-07-019759.857955271713
2023-08-019235.022206108944
2023-09-019119.564383771762
2023-10-018760.362269833855
2023-11-019492.40855522012
2023-12-019937.530067141233
2024-01-019658.460515888233
2024-02-0110091.009024209423
2024-03-0110244.511221580015
2024-04-0110346.094583382719
2024-05-0110609.848775352264
2024-06-0110641.641509039315
2024-07-0110715.871034913906
2024-08-0110820.638318145797
2024-09-0111381.659218149747
2024-10-0110892.683255594522
2024-11-0110711.501858062178
2024-12-0110384.7432062786
2025-01-0110369.009521551896
2025-02-0110380.257827914858
2025-03-0110600.529414088734
2025-04-0110737.647198265344
2025-05-0111420.98180981531
2025-06-0112208.525937339497
2025-07-0112303.160448723758
2025-08-0112665.685925905267
2025-09-0113080.664765609929
2025-10-0113235.700822939109
2025-11-0113231.145723668156
2025-12-0113551.420331081348
2026-01-0114467.088245752253
2026-02-0115375.784069702315
2026-03-0113939.533381208355
2026-04-0115010.911321978123
Annual Return Matrix
YearAnnual Return
2022-0.16042399260467355
20230.1682585912014296
20240.0450024438784935
20250.30493552530872226
20260.10770022294632131
Total Factor Risk
0.14267799349991797
VTI.US Exposure
0.22141137410214307
VEA.US Exposure
0.36374675128925715
VWO.US Exposure
0.5496831263836925
QQQ.US Exposure
-0.050247009087440245
VTV.US Exposure
0.0164089849877605
IJR.US Exposure
-0.08897243151782915
QUAL.US Exposure
-0.10520723884989888
SHV.US Exposure
0.011839673001618584
TLT.US Exposure
0.051326479515508366
LQD.US Exposure
-0.07508315273980382
HYG.US Exposure
0.02077849097330689
GLD.US Exposure
-0.010377959316192157
USO.US Exposure
-0.0035214912180861905
VNQ.US Exposure
0.018836470119256862
BTC-USD.CC Exposure
-0.00541040122550883
CPER.US Exposure
0.053116900003194134
VIX.INDX Exposure
-0.011278837107808444
UUP.US Exposure
-0.018754553234134663
TIP.US Exposure
0.014727040281157032
Idiosyncratic Exposure
0.04697778363980744
Value Score
46
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
33.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
14.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →9.9x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.80%
Market Cap$9.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$15
Avg Yield on Cost
0.15%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$15.340.15%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+11.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
3.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.95
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Avantis® Emerging Markets Value ETF a high-risk investment?

Avantis® Emerging Markets Value ETF (AVES.US) has an annualized volatility of 14.3% and experienced a maximum drawdown of 25.2% over the last 10 years. Its primary macro risk driver is VWO.US.

What is the 10-year return of AVES.US?

Over the past 10 years, AVES.US has generated a Compound Annual Growth Rate (CAGR) of 9.3%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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