Avantis International Equity ETF (AVDE) — Stock Correlations & Overview
Over the past year, AVDE has moved most closely with DFIC, DFAI, AVIV. Explore the stocks most correlated and inversely correlated with AVDE below, along with its price, financials, and company profile.
Stocks correlated with AVDE
Correlation of daily returns. Higher positive values move with AVDE; negative values move opposite it. Informational only, not investment advice.
Most correlated with AVDE
| Symbol | Company | Correlation |
|---|---|---|
| DFIC | Dimensional International Core Equity 2 ETF | 0.99 |
| DFAI | Dimensional International Core Equity Market ETF | 0.99 |
| AVIV | Avantis International Large Cap Value ETF | 0.99 |
| AVSD | Avantis Responsible International Equity ETF | 0.98 |
| QINT | American Century Quality Diversified International ETF | 0.98 |
Frequently asked questions about AVDE correlations
- Which stocks are most correlated with AVDE?
- Based on one year of daily returns, the stocks most correlated with Avantis International Equity ETF (AVDE) are DFIC (0.99), DFAI (0.99) and AVIV (0.99). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with AVDE?
- Over the past year, the stocks most inversely correlated with Avantis International Equity ETF (AVDE) are EFU (-0.94), EPV (-0.93) and EFZ (-0.92). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these AVDE correlations calculated?
- We compute the correlation of daily returns between AVDE and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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