AMID vs. KMID

Last updated Jun 24, 2026

AMID (Argent Mid Cap ETF) and KMID (Virtus KAR Mid-Cap ETF) are both Mid Cap Growth Equities funds. Both are actively managed. Over the past year, AMID returned 9.43% vs -0.30% for KMID. Their correlation of 0.86 suggests significant overlap in exposure. AMID charges 0.52%/yr vs 0.80%/yr for KMID.

Performance

AMID vs. KMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Argent Mid Cap ETF (AMID) and Virtus KAR Mid-Cap ETF (KMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMID achieves a 6.47% return, which is significantly higher than KMID's 0.87% return.

AMID

• 1D: -1.06%
• 1M: 3.01%
• YTD: 6.47%
• 6M: 4.43%
• 1Y: 9.43%
• 3Y*: 11.94%
• 5Y*: —
• 10Y*: —

KMID

• 1D: -1.17%
• 1M: -0.06%
• YTD: 0.87%
• 6M: -0.56%
• 1Y: -0.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMID vs. KMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AMID Argent Mid Cap ETF	6.47%	-1.39%	-4.42%
KMID Virtus KAR Mid-Cap ETF	0.87%	0.31%	-3.02%

Correlation

The correlation between AMID and KMID is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Oct 16, 2024	0.86

The correlation between AMID and KMID has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

AMID vs. KMID - Sectors Allocation Comparison

Sectors	AMID	KMID
Industrials	32.5%	52.2%
Technology	23.8%	15.8%
Financial Services	16.2%	11.8%
Consumer Cyclical	9.5%	8.7%
Healthcare	5.7%	11.5%
Energy	3.9%	-
Basic Materials	3.6%	-
Real Estate	3.3%	-
Utilities	2.6%	-
Consumer Defensive	2.3%	-
Communication Services	-	-

Return for Risk

AMID vs. KMID — Risk / Return Rank

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

AMID

AMID Risk / Return Rank: 19
AMID Sharpe Ratio Rank: 18
AMID Sortino Ratio Rank: 18
AMID Omega Ratio Rank: 17
AMID Calmar Ratio Rank: 18
AMID Martin Ratio Rank: 22

KMID

KMID Risk / Return Rank: 8
KMID Sharpe Ratio Rank: 9
KMID Sortino Ratio Rank: 8
KMID Omega Ratio Rank: 8
KMID Calmar Ratio Rank: 9
KMID Martin Ratio Rank: 9

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.

AMID vs. KMID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) and Virtus KAR Mid-Cap ETF (KMID). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMID	KMID	Difference
Sharpe ratio: Return per unit of total volatility	0.57	-0.02	+0.59
Sortino ratio: Return per unit of downside risk	0.94	0.08	+0.86
Omega ratio: Gain probability vs. loss probability	1.11	1.01	+0.10
Calmar ratio: Return relative to maximum drawdown	0.77	-0.03	+0.80
Martin ratio: Return relative to average drawdown	2.66	-0.07	+2.73

AMID vs. KMID - Sharpe Ratio Comparison

The current AMID Sharpe Ratio is 0.57, which is higher than the KMID Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of AMID and KMID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMID vs. KMID - Drawdown Comparison

The maximum AMID drawdown since its inception was -23.32%, which is greater than KMID's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for AMID and KMID.

Drawdown Indicators

	AMID	KMID	Difference
Max Drawdown Largest peak-to-trough decline	-23.32%	-18.89%	-4.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-10.71%	-1.60%
Max Drawdown (3Y) Largest decline over 3 years	-23.32%	—	—
Current Drawdown Current decline from peak	-4.40%	-6.21%	+1.81%
Average Drawdown Average peak-to-trough decline	-6.18%	-5.74%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	4.36%	-0.81%

Volatility

AMID vs. KMID - Volatility Comparison

Argent Mid Cap ETF (AMID) has a higher volatility of 5.45% compared to Virtus KAR Mid-Cap ETF (KMID) at 5.05%. This indicates that AMID's price experiences larger fluctuations and is considered to be riskier than KMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMID	KMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	5.05%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	12.67%	11.71%	+0.96%
Volatility (1Y) Calculated over the trailing 1-year period	16.59%	14.88%	+1.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.13%	16.99%	+2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.13%	16.99%	+2.14%

AMID vs. KMID - Expense Ratio Comparison

AMID has a 0.52% expense ratio, which is lower than KMID's 0.80% expense ratio.

Dividends

AMID vs. KMID - Dividend Comparison

AMID's dividend yield for the trailing twelve months is around 0.34%, more than KMID's 0.12% yield.

Position	TTM	2025	2024	2023	2022
AMID Argent Mid Cap ETF	0.34%	0.36%	0.33%	0.43%	0.25%
KMID Virtus KAR Mid-Cap ETF	0.12%	0.06%	0.05%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMID and KMID in my portfolio?

AMID and KMID have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMID or KMID?

AMID has higher volatility (5.45%) compared to KMID (5.05%). In terms of maximum drawdown, AMID dropped -23.32% vs KMID's -18.89%.

Which ETF is better, AMID or KMID?

On 1-year performance, AMID leads with 9.43% vs -0.30% for KMID. On fees, AMID is cheaper at 0.52% per year. On volatility, KMID has been the lower-risk option at 5.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMID or KMID?

Over the 1-year period, AMID has performed better with a 9.43% return vs -0.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMID or KMID?

AMID is cheaper with a 0.52% expense ratio, compared with 0.80% for KMID.

Which ETF pays a higher dividend yield, AMID or KMID?

AMID has the higher dividend yield at 0.34%, compared with 0.12% for KMID.

What is the main difference between AMID and KMID?

They also come from different issuers: Argent and Virtus. Their fees differ too: 0.52% for AMID and 0.80% for KMID.

Which has better risk-adjusted returns?

AMID currently has the higher Sharpe Ratio (0.57 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.