AMID vs. AVMV
Compare and contrast key facts about Argent Mid Cap ETF (AMID) and Avantis U.S. Mid Cap Value ETF (AVMV).
AMID and AVMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMID is an actively managed fund by Argent. It was launched on Aug 17, 2022. AVMV is an actively managed fund by Avantis. It was launched on Nov 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMID or AVMV.
Correlation
The correlation between AMID and AVMV is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AMID vs. AVMV - Performance Comparison
Key characteristics
AMID:
-0.23
AVMV:
0.37
AMID:
-0.22
AVMV:
0.64
AMID:
0.98
AVMV:
1.08
AMID:
-0.25
AVMV:
0.50
AMID:
-0.75
AVMV:
1.45
AMID:
5.03%
AVMV:
4.20%
AMID:
16.45%
AVMV:
16.36%
AMID:
-15.98%
AVMV:
-12.25%
AMID:
-14.99%
AVMV:
-12.25%
Returns By Period
In the year-to-date period, AMID achieves a -6.64% return, which is significantly lower than AVMV's -4.64% return.
AMID
-6.64%
-10.29%
-5.54%
-3.75%
N/A
N/A
AVMV
-4.64%
-8.20%
3.74%
5.80%
N/A
N/A
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AMID vs. AVMV - Expense Ratio Comparison
AMID has a 0.52% expense ratio, which is higher than AVMV's 0.20% expense ratio.
Risk-Adjusted Performance
AMID vs. AVMV — Risk-Adjusted Performance Rank
AMID
AVMV
AMID vs. AVMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) and Avantis U.S. Mid Cap Value ETF (AVMV). 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.
Dividends
AMID vs. AVMV - Dividend Comparison
AMID's dividend yield for the trailing twelve months is around 0.36%, less than AVMV's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
AMID Argent Mid Cap ETF | 0.36% | 0.33% | 0.43% | 0.25% |
AVMV Avantis U.S. Mid Cap Value ETF | 1.36% | 1.31% | 0.25% | 0.00% |
Drawdowns
AMID vs. AVMV - Drawdown Comparison
The maximum AMID drawdown since its inception was -15.98%, which is greater than AVMV's maximum drawdown of -12.25%. Use the drawdown chart below to compare losses from any high point for AMID and AVMV. For additional features, visit the drawdowns tool.
Volatility
AMID vs. AVMV - Volatility Comparison
The current volatility for Argent Mid Cap ETF (AMID) is 4.45%, while Avantis U.S. Mid Cap Value ETF (AVMV) has a volatility of 5.28%. This indicates that AMID experiences smaller price fluctuations and is considered to be less risky than AVMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.