AVIG vs RIGS
Avantis Core Fixed Income ETF vs ALPS Strategic Income Fund
Which is better, AVIG or RIGS?
RIGS has been ahead.
AVIG has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | RIGS |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.46% |
| AUM | $2.0B | $56M |
| Dividend Yield | 4.54% | 5.02% |
| Holdings | 1,720 | 84 |
| YTD Return | -3.03% | -0.64%Best |
| 1Y Return | -2.70% | -0.44%Best |
| 3Y Return (annualized) | +4.63% | +5.06%Best |
| 5Y Return (annualized) | -0.64% | +1.67%Best |
| Volatility (annualized) | 6.6% | 4.5%Best |
| Max Drawdown | -19.7% | -9.0%Best |
| $10,000 over 5 years | $9,684 | $10,863Best |
| Fund Family | Avantis Investors | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Oct 7, 2013 |
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 RIGS 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 RIGS Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and ALPS Strategic Income Fund (RIGS) is an ETF from ALPS Advisors. Over the past year AVIG returned -2.70% while RIGS returned -0.44%. Year to date, AVIG is down 3.03% versus a loss of 0.64% for RIGS.
Over three years, AVIG compounded at +4.63% per year against +5.06% for RIGS; over five years the annualized figures are -0.64% and +1.67% respectively. Across the full 6-year window we track, RIGS has the edge at +1.68% 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 4.5% for RIGS. 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 -9.0% for RIGS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 RIGS charges 0.46%. On a $10,000 position that is $15 vs $46 annually, a gap of $31 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 5.02% for RIGS.
Holdings Overlap
We hold position weights for 739 holdings in AVIG and 58 in RIGS, totalling 96.5% and 72.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 739 positions we hold weights for in AVIG and 58 in RIGS, against full books of 1,720 and 84.
You are not choosing between two funds in isolation.
Whichever of AVIG and RIGS 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 RIGS?
AVIG has an expense ratio of 0.15% while RIGS charges 0.46%. AVIG is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, AVIG or RIGS?
Over the past year AVIG returned -2.70% vs -0.44% for RIGS, so RIGS leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.70% vs +1.68% for RIGS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or RIGS?
AVIG has been the more volatile fund at 6.6% annualized versus 4.5% for RIGS. Worst drawdown: AVIG -19.7% vs RIGS -9.0%.
Should I hold both AVIG and RIGS?
AVIG and RIGS have a monthly-return correlation of 0.92, 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 RIGS?
AVIG yields 4.54% while RIGS yields 5.02%, so RIGS currently pays the higher dividend yield.
Is RIGS better than AVIG?
AVIG has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.