AGOX vs. AVTM

Last updated Jun 5, 2026

AGOX (Adaptive Alpha Opportunities ETF) and AVTM (Avantis Total Equity Markets ETF) are both exchange-traded funds - AGOX is a Tactical Allocation fund actively managed by Adaptive Funds, while AVTM is a Global Equities fund actively managed by Avantis. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. AGOX charges 1.33%/yr vs 0.22%/yr for AVTM.

Performance

AGOX vs. AVTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adaptive Alpha Opportunities ETF (AGOX) and Avantis Total Equity Markets ETF (AVTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AGOX

• 1D: 0.58%
• 1M: 8.07%
• YTD: 21.85%
• 6M: 19.22%
• 1Y: 26.89%
• 3Y*: 18.41%
• 5Y*: 8.94%
• 10Y*: —

AVTM

• 1D: 0.85%
• 1M: 5.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGOX vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
AGOX Adaptive Alpha Opportunities ETF	17.04%
AVTM Avantis Total Equity Markets ETF	9.99%

Correlation

The correlation between AGOX and AVTM is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.61

AGOX vs. AVTM - Sectors Allocation Comparison

Sectors	AGOX	AVTM
Technology	50.1%	31.0%
Industrials	9.6%	11.9%
Communication Services	9.6%	10.2%
Healthcare	9.2%	6.4%
Consumer Cyclical	6.2%	11.0%
Financial Services	4.8%	16.6%
Basic Materials	3.2%	2.7%
Consumer Defensive	2.8%	4.2%
Utilities	2.1%	1.8%
Energy	1.8%	4.2%
Real Estate	0.7%	0.2%

Return for Risk

AGOX vs. AVTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGOX

AGOX Risk / Return Rank: 42
AGOX Sharpe Ratio Rank: 43
AGOX Sortino Ratio Rank: 47
AGOX Omega Ratio Rank: 45
AGOX Calmar Ratio Rank: 36
AGOX Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGOX vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adaptive Alpha Opportunities ETF (AGOX) and Avantis Total Equity Markets ETF (AVTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGOX	AVTM	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	2.27	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.76	—	—
Martin ratio: Return relative to average drawdown	6.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AGOX	AVTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	2.07	-1.56

Drawdowns

AGOX vs. AVTM - Drawdown Comparison

The maximum AGOX drawdown since its inception was -26.93%, which is greater than AVTM's maximum drawdown of -9.21%. Use the drawdown chart below to compare losses from any high point for AGOX and AVTM.

Drawdown Indicators

	AGOX	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-26.93%	-9.21%	-17.72%
Max Drawdown (1Y) Largest decline over 1 year	-15.32%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.93%	—	—
Current Drawdown Current decline from peak	-0.77%	0.00%	-0.77%
Average Drawdown Average peak-to-trough decline	-8.17%	-2.06%	-6.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.19%	—	—

Volatility

Volatility by Period

	AGOX	AVTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.35%	15.84%	+2.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.67%	15.84%	+3.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	15.84%	+3.83%

AGOX vs. AVTM - Expense Ratio Comparison

AGOX has a 1.33% expense ratio, which is higher than AVTM's 0.22% expense ratio.

Dividends

AGOX vs. AVTM - Dividend Comparison

AGOX's dividend yield for the trailing twelve months is around 2.65%, more than AVTM's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021
AGOX Adaptive Alpha Opportunities ETF	2.65%	3.23%	3.94%	0.27%	0.20%	6.36%
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AGOX and AVTM in my portfolio?

AGOX and AVTM have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AGOX or AVTM?

On fees, AVTM is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGOX or AVTM?

AVTM is cheaper with a 0.22% expense ratio, compared with 1.33% for AGOX.

Which ETF pays a higher dividend yield, AGOX or AVTM?

AGOX has the higher dividend yield at 2.65%, compared with 0.08% for AVTM.

What is the main difference between AGOX and AVTM?

AGOX is categorized as Tactical Allocation, while AVTM is Global Equities. They also come from different issuers: Adaptive Funds and Avantis. Their fees differ too: 1.33% for AGOX and 0.22% for AVTM.