AVGE vs. AVTM

Last updated Jun 5, 2026

AVGE (Avantis All Equity Markets ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds from Avantis. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. AVGE charges 0.23%/yr vs 0.22%/yr for AVTM.

Performance

AVGE vs. AVTM - Performance Comparison

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

Returns By Period

AVGE

• 1D: 0.49%
• 1M: 3.57%
• YTD: 16.15%
• 6M: 17.14%
• 1Y: 34.72%
• 3Y*: 22.04%
• 5Y*: —
• 10Y*: —

AVTM

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

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

AVGE vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
AVGE Avantis All Equity Markets ETF	9.86%
AVTM Avantis Total Equity Markets ETF	9.99%

Correlation

The correlation between AVGE and AVTM is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.92

AVGE vs. AVTM - Sectors Allocation Comparison

Sectors	AVGE	AVTM
Technology	19.1%	31.0%
Financial Services	18.0%	16.6%
Industrials	13.7%	11.9%
Consumer Cyclical	11.9%	11.0%
Energy	8.8%	4.2%
Communication Services	6.9%	10.2%
Healthcare	6.0%	6.4%
Basic Materials	5.3%	2.7%
Consumer Defensive	4.7%	4.2%
Real Estate	3.5%	0.2%
Utilities	2.1%	1.8%

Return for Risk

AVGE vs. AVTM — Risk / Return Rank

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

AVGE

AVGE Risk / Return Rank: 84
AVGE Sharpe Ratio Rank: 86
AVGE Sortino Ratio Rank: 86
AVGE Omega Ratio Rank: 84
AVGE Calmar Ratio Rank: 80
AVGE Martin Ratio Rank: 85

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.

AVGE vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis All Equity Markets ETF (AVGE) 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.

	AVGE	AVTM	Difference
Sharpe ratio: Return per unit of total volatility	2.80	—	—
Sortino ratio: Return per unit of downside risk	3.85	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	4.06	—	—
Martin ratio: Return relative to average drawdown	17.35	—	—
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

	AVGE	AVTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.50	2.07	-0.57

Drawdowns

AVGE vs. AVTM - Drawdown Comparison

The maximum AVGE drawdown since its inception was -17.13%, which is greater than AVTM's maximum drawdown of -9.21%. Use the drawdown chart below to compare losses from any high point for AVGE and AVTM.

Drawdown Indicators

	AVGE	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-17.13%	-9.21%	-7.92%
Max Drawdown (1Y) Largest decline over 1 year	-8.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.13%	—	—
Current Drawdown Current decline from peak	-0.09%	0.00%	-0.09%
Average Drawdown Average peak-to-trough decline	-2.41%	-2.06%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	—	—

Volatility

Volatility by Period

	AVGE	AVTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	15.84%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.19%	15.84%	-0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	15.84%	-0.65%

AVGE vs. AVTM - Expense Ratio Comparison

AVGE has a 0.23% expense ratio, which is higher than AVTM's 0.22% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVGE vs. AVTM - Dividend Comparison

AVGE's dividend yield for the trailing twelve months is around 1.61%, more than AVTM's 0.08% yield.

Position	TTM	2025	2024	2023	2022
AVGE Avantis All Equity Markets ETF	1.61%	1.67%	1.92%	1.93%	0.74%
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVGE and AVTM in my portfolio?

With a correlation of 0.92, AVGE and AVTM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AVGE 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, AVGE or AVTM?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.23% for AVGE.

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

AVGE has the higher dividend yield at 1.61%, compared with 0.08% for AVTM.

What is the main difference between AVGE and AVTM?

Their fees differ too: 0.23% for AVGE and 0.22% for AVTM.