AVDV vs. WM
AVDV (Avantis International Small Cap Value ETF) is Foreign Small & Mid Cap Equities fund actively managed by Avantis, while WM (Waste Management, Inc.) is a stock. Over the past 5 years, AVDV returned 13.63%/yr vs 11.14%/yr for WM. At a 0.27 correlation, their price movements are largely independent.
Performance
AVDV vs. WM - Performance Comparison
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Returns By Period
In the year-to-date period, AVDV achieves a 14.99% return, which is significantly higher than WM's 0.71% return.
AVDV
- 1D
- 0.89%
- 1M
- -1.99%
- YTD
- 14.99%
- 6M
- 17.18%
- 1Y
- 41.91%
- 3Y*
- 26.72%
- 5Y*
- 13.63%
- 10Y*
- —
WM
- 1D
- 0.30%
- 1M
- 0.26%
- YTD
- 0.71%
- 6M
- 2.63%
- 1Y
- -5.72%
- 3Y*
- 12.33%
- 5Y*
- 11.14%
- 10Y*
- 15.36%
AVDV vs. WM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 14.99% | 49.37% | 8.67% | 16.85% | -11.47% | 15.80% | 5.01% | 11.78% |
WM Waste Management, Inc. | 0.71% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 0.49% |
Correlation
The correlation between AVDV and WM is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.27 |
The correlation between AVDV and WM shifts across timeframes, from -0.05 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AVDV vs. WM — Risk / Return Rank
AVDV
WM
AVDV vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Small Cap Value ETF (AVDV) and Waste Management, Inc. (WM). 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.
| AVDV | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.85 | ||
| Sortino ratioReturn per unit of downside risk | +3.67 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 0.96 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | -0.36 | +3.48 |
| Martin ratioReturn relative to average drawdown | 12.44 | -0.79 | +13.24 |
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Drawdowns
AVDV vs. WM - Drawdown Comparison
The maximum AVDV drawdown since its inception was -43.01%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for AVDV and WM.
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Drawdown Indicators
| AVDV | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.01% | -77.85% | +34.84% |
Max Drawdown (1Y)Largest decline over 1 year | -13.19% | -16.70% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -18.14% | +3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -28.08% | -18.14% | -9.94% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.07% | — |
Current DrawdownCurrent decline from peak | -2.24% | -10.24% | +8.00% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -17.69% | +10.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 7.58% | -4.28% |
Volatility
AVDV vs. WM - Volatility Comparison
Avantis International Small Cap Value ETF (AVDV) and Waste Management, Inc. (WM) have volatilities of 6.26% and 6.13%, 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.
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Volatility by Period
| AVDV | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 6.13% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 14.08% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 19.03% | -2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.41% | 18.62% | -1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 19.54% | +0.23% |
Dividends
AVDV vs. WM - Dividend Comparison
AVDV's dividend yield for the trailing twelve months is around 4.11%, more than WM's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 4.11% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
WM Waste Management, Inc. | 1.61% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Frequently Asked Questions
AVDV and WM have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVDV has higher volatility (6.26%) compared to WM (6.13%). In terms of maximum drawdown, AVDV dropped -43.01% vs WM's -77.85%.
AVDV currently has the higher Sharpe Ratio (2.53 vs -0.32), 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.
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