AVIG vs RFCI
Avantis Core Fixed Income ETF vs ALPS Dynamic Core Income ETF
Which is better, AVIG or RFCI?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. RFCI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVIG | RFCI |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.51% |
| AUM | $2.0B | $13M |
| Dividend Yield | 4.54% | 4.76% |
| Holdings | 1,720 | 48 |
| YTD Return | -3.03% | -1.66%Best |
| 1Y Return | -2.70% | -1.45%Best |
| 3Y Return (annualized) | +4.63% | +4.92%Best |
| 5Y Return (annualized) | -0.64% | +1.12%Best |
| Volatility (annualized) | 6.6% | 5.0%Best |
| Max Drawdown | -19.7% | -12.0%Best |
| $10,000 over 5 years | $9,684 | $10,573Best |
| Fund Family | Avantis Investors | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Jun 13, 2016 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 15, 2020 to Oct 14, 2026 (6 years).
AVIG vs RFCI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6 years both funds cover.
AVIG vs RFCI Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and ALPS Dynamic Core Income ETF (RFCI) is an ETF from ALPS Advisors. Over the past year AVIG returned -2.70% while RFCI returned -1.45%. Year to date, AVIG is down 3.03% versus a loss of 1.66% for RFCI.
Over three years, AVIG compounded at +4.63% per year against +4.92% for RFCI; over five years the annualized figures are -0.64% and +1.12% respectively. Across the full 6-year window we track, RFCI has the edge at +0.67% annualized vs -0.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG has been the more volatile fund, with annualized monthly volatility of 6.6% compared with 5.0% for RFCI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.7% for AVIG and -12.0% for RFCI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVIG charges 0.15% per year while RFCI charges 0.51%. On a $10,000 position that is $15 vs $51 annually, a gap of $36 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 4.76% for RFCI.
Holdings Overlap
At least 0.3% of AVIG's money is in holdings RFCI also owns.
Stated as a floor: for RFCI, our book for it covers 83.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 739 positions we hold weights for in AVIG and 37 in RFCI, against full books of 1,720 and 48.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in RFCI | Difference |
|---|---|---|---|
| SRE 5.2 06/01/33Southern Calif G 5.2% 06/01/33 | 0.02% | 1.89% | 1.87% |
| HNDA 5.05 07/10/31 GAmerican Honda Finance Corp 5.05% 10Jul2031 | 0.28% | 1.18% | 0.90% |
You are not choosing between two funds in isolation.
Whichever of AVIG and RFCI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVIG or RFCI?
AVIG has an expense ratio of 0.15% while RFCI charges 0.51%. AVIG is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, AVIG or RFCI?
Over the past year AVIG returned -2.70% vs -1.45% for RFCI, so RFCI leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.70% vs +0.67% for RFCI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or RFCI?
AVIG has been the more volatile fund at 6.6% annualized versus 5.0% for RFCI. Worst drawdown: AVIG -19.7% vs RFCI -12.0%.
Should I hold both AVIG and RFCI?
AVIG and RFCI have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AVIG or RFCI?
AVIG yields 4.54% while RFCI yields 4.76%, so RFCI currently pays the higher dividend yield.
Is RFCI better than AVIG?
AVIG has a lower expense ratio. RFCI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.