AVDS vs. IDMO
Compare and contrast key facts about Avantis International Small Cap Equity ETF (AVDS) and Invesco S&P International Developed Momentum ETF (IDMO).
AVDS and IDMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVDS is an actively managed fund by Avantis. It was launched on Jul 18, 2023. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVDS or IDMO.
Key characteristics
| AVDS | IDMO | |
|---|---|---|
| YTD Return | 6.32% | 16.98% |
| 1Y Return | 20.60% | 30.07% |
| Sharpe Ratio | 1.42 | 1.86 |
| Sortino Ratio | 2.01 | 2.47 |
| Omega Ratio | 1.25 | 1.33 |
| Calmar Ratio | 2.21 | 2.58 |
| Martin Ratio | 8.07 | 10.92 |
| Ulcer Index | 2.47% | 2.69% |
| Daily Std Dev | 14.10% | 15.80% |
| Max Drawdown | -13.08% | -39.37% |
| Current Drawdown | -4.39% | -1.03% |
Correlation
The correlation between AVDS and IDMO is 0.84, 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
AVDS vs. IDMO - Performance Comparison
In the year-to-date period, AVDS achieves a 6.32% return, which is significantly lower than IDMO's 16.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVDS vs. IDMO - Expense Ratio Comparison
AVDS has a 0.30% expense ratio, which is higher than IDMO's 0.25% expense ratio.
Risk-Adjusted Performance
AVDS vs. IDMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Equity ETF (AVDS) and Invesco S&P International Developed Momentum ETF (IDMO). 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
AVDS vs. IDMO - Dividend Comparison
AVDS's dividend yield for the trailing twelve months is around 2.20%, less than IDMO's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDS Avantis International Small Cap Equity ETF | 2.20% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDMO Invesco S&P International Developed Momentum ETF | 2.23% | 2.89% | 3.66% | 1.81% | 1.64% | 2.10% | 3.27% | 3.08% | 2.18% | 2.52% | 2.18% | 1.70% |
Drawdowns
AVDS vs. IDMO - Drawdown Comparison
The maximum AVDS drawdown since its inception was -13.08%, smaller than the maximum IDMO drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for AVDS and IDMO. For additional features, visit the drawdowns tool.
Volatility
AVDS vs. IDMO - Volatility Comparison
Avantis International Small Cap Equity ETF (AVDS) and Invesco S&P International Developed Momentum ETF (IDMO) have volatilities of 3.56% and 3.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.