AVUV observed max drawdown: 42.4%
Avantis US Small Cap Value ETF. From its 2019-12-31 peak, AVUV fell 42.4% to the 2020-03-31 trough and needed 12 months to make a new high (2020-12-31). Computed from 84 months of observed fund history. Fund inception boundary (first available fund observation): 2019-09-26; the monthly analysis runs from 2019-09-30 through 2026-08-31.
Before 2019-09-26, the extended history is simulated. Observed fund drawdowns come first; simulation assumptions and results are separated below.
What is AVUV's observed maximum drawdown?
AVUV's observed maximum drawdown was 42.4%, from a peak in 2019-12-31 to a trough in 2020-03-31, based on monthly closes from fund prices first observed on 2019-09-26. The sample contains 84 monthly observations through 2026-08-31. Monthly closes can miss deeper daily losses.
| Measure | Value |
|---|---|
| Maximum drawdown | -42.4% |
| Peak | 2019-12-31 |
| Trough | 2020-03-31 |
| Recovered | 2020-12-31 |
| Monthly observations | 84 |
Last verified
What is AVUV's observed maximum drawdown?
AVUV's observed maximum drawdown was 42.4%, from a peak in 2019-12-31 to a trough in 2020-03-31, based on monthly closes from fund prices first observed on 2019-09-26.
How long did AVUV take to recover from its worst drawdown?
AVUV took 12 months from the 2019-12-31 peak to make a new high in 2020-12-31, based only on observed fund prices.
What was AVUV's worst 12-month return?
AVUV's worst observed rolling 12-month return was -13.3%, in the 12 months ending 2020-09-30.
AVUV observed fund drawdown statistics
2019-12-31 peak to 2020-03-31 trough.
New high reached 2020-12-31.
Share of all months spent below a prior high.
Rolling year ending 2020-09-30.
The biggest AVUV drawdowns in observed fund history
| Depth | Peak | Trough | Recovered | Peak to trough | Total underwater |
|---|---|---|---|---|---|
| -42.4% | 2019-12-31 | 2020-03-31 | 2020-12-31 | 3 mo | 12 months |
| -21.1% | 2024-11-30 | 2025-04-30 | 2026-01-31 | 5 mo | 14 months |
| -16.4% | 2022-03-31 | 2022-09-30 | 2022-11-30 | 6 mo | 8 months |
| -13.8% | 2023-01-31 | 2023-05-31 | 2023-07-31 | 4 mo | 6 months |
| -11.7% | 2023-07-31 | 2023-10-31 | 2023-12-31 | 3 mo | 5 months |
Methodology: observed AVUV fund prices only, first available from 2019-09-26. Monthly closing-price statistics cover 2019-09-30 through 2026-08-31; no proxy or pre-inception simulation is included in this table. Educational information, not investment advice.
Before 2019-09-26: simulated from the underlying index with assumptions
This separate series combines observed prices with a modeled pre-inception extension from 1970-01-31 through 2026-09-30. The 2026-09-30 endpoint is the legacy current partial-month bucket/month-end label, not evidence that AVUV was observed through that future date. It is not observed AVUV performance. The API's observed boundary is 2019-09-26; observed monthly statistics run from 2019-09-30 through 2026-08-31.
- Rebalancing convention: monthly rebalance at month-end close; drawdown statistics use monthly closing prices.
- Proxy source for AVUV: DFSVX (proxy_etf), from 1993-02-26 to 2019-09-25.
- Proxy source for AVUV: ff_small_value (static_monthly), from 1926-06-30 to 1993-02-25.
- Proxy source for SPY: VFINX (proxy_etf), from 1976-08-31 to 1993-01-28.
- Proxy source for SPY: spy_tr (static_monthly), from 1900-01-31 to 1976-08-30.
Modeled extended statistics
2007-05-31 peak to 2009-02-28 trough.
New high reached 2012-12-31.
Share of all months spent below a prior high.
Rolling year ending 2009-02-28.
For context, SPY (the S&P 500 baseline) had a maximum drawdown of 50.8% over the same kind of monthly-close analysis.
Modeled extended drawdowns
| Depth | Peak | Trough | Recovered | Peak to trough | Total underwater |
|---|---|---|---|---|---|
| -61.2% | 2007-05-31 | 2009-02-28 | 2012-12-31 | 21 mo | 5.6 years |
| -47.2% | 2018-08-31 | 2020-03-31 | 2021-01-31 | 19 mo | 2.4 years |
| -44.5% | 1972-02-29 | 1974-12-31 | 1976-01-31 | 34 mo | 3.9 years |
| -34.8% | 1989-08-31 | 1990-10-31 | 1992-01-31 | 14 mo | 2.4 years |
| -31.2% | 1987-08-31 | 1987-11-30 | 1989-02-28 | 3 mo | 18 months |
Monthly closing prices, peak-to-trough on total return where available. The pre-inception segment is a reconstruction, not a live fund record, and actual tracking, financing, taxes, spreads, and volatility drag can differ.
Drawdowns are the reason tactical strategies exist
Buy-and-hold AVUV means living through every number on this page. BestFolio tracks published TAA strategies whose whole job is cutting these drawdowns, with out-of-sample track records.