AVUV: Avantis U.S. Small Cap Value ETF returns, drawdowns and risk
Funds on smaller companies split by style, the corner of the market where the value premium has historically been strongest.
Data updated October 2026
AVUV · US exchange · USDCategory: Small cap value and growth ETFsData from September 2019
From September 2019 to October 2026 AVUV returned 14.8% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $26,578.
Its deepest fall was 49.4%, from December 2019 to March 2020, and it took about 11 months to get back to the previous high. Annual volatility was 27.7%; at the last close it was 6.7% below its high.
Against SPY (SPDR S&P 500 ETF Trust), over the 85 months both have data, the correlation of monthly returns was 0.78: they usually moved together. Beta was 1.21. In months when SPY rose, AVUV moved 111% as much on average; in months when SPY fell, 117% as much.
Key figures
- Annual return (CAGR)
- +14.8%
- 1-year return
- +24.5%
- 5 years, a year
- +10.5%
- 10 years, a year
- —
- Annual volatility
- 27.7%
- Maximum drawdown
- −49.4%
- Sharpe ratio
- 0.54
- Worst year
- 2022: −4.9%
Trailing returns
| Period | AVUV | SPY |
|---|---|---|
| 1 year | +24.5% | +16.6% |
| 3 years, a year | +18.3% | +23.1% |
| 5 years, a year | +10.5% | +12.7% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of $10,000: AVUV vs SPY
Month-end values from October 2019, the first month both funds have data.
AVUV drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | AVUV | SPY |
|---|---|---|
| 2026(partial) | +18.0% | +13.3% |
| 2025 | +7.4% | +17.7% |
| 2024 | +9.3% | +24.9% |
| 2023 | +22.8% | +26.2% |
| 2022 | −4.9% | −18.2% |
| 2021 | +42.2% | +28.7% |
| 2020 | +6.4% | +18.3% |
| 2019(partial) | +8.5% | — |
AVUV compared
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of AVUV?
From September 2019 to October 2026 AVUV returned 14.8% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +10.5% a year. Over the last 12 months: +24.5%.
What was the worst drawdown of AVUV?
49.4%, from December 2019 to March 2020; it took about 11 months from the previous high to get back to it.
How volatile is AVUV?
Annual volatility was 27.7% over the period. Its worst month was −28.9% and 60% of months were positive. Worst calendar year: 2022 (−4.9%).
How closely does AVUV follow SPY?
Over 85 months the correlation of monthly returns was 0.78, so they usually moved together, with a beta of 1.21.
Use AVUV in a free tool
Other Small cap value and growth ETFs
- All Small cap value and growth ETFsReturns and risk side by side
- VBR — Vanguard Small-Cap Value ETFCAGR +15.4%
- IWN — iShares Russell 2000 Value ETFCAGR +7.2%
- IWO — iShares Russell 2000 Growth ETFCAGR +8.6%
- ZPRV — SPDR MSCI USA Small Cap Value Weighted UCITS ETFCAGR +8.8%
- ZPRX — SPDR MSCI Europe Small Cap Value Weighted UCITS ETFCAGR +7.4%
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.