AVGV vs. SOXQ
Compare and contrast key facts about Avantis ALL Equity Markets Value ETF (AVGV) and Invesco PHLX Semiconductor ETF (SOXQ).
AVGV and SOXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGV is an actively managed fund by Avantis. It was launched on Jun 27, 2023. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVGV or SOXQ.
Key characteristics
| AVGV | SOXQ | |
|---|---|---|
| YTD Return | 13.00% | 23.83% |
| 1Y Return | 25.46% | 48.05% |
| Sharpe Ratio | 1.96 | 1.43 |
| Sortino Ratio | 2.70 | 1.94 |
| Omega Ratio | 1.34 | 1.25 |
| Calmar Ratio | 2.56 | 1.98 |
| Martin Ratio | 11.69 | 5.67 |
| Ulcer Index | 2.31% | 8.78% |
| Daily Std Dev | 13.76% | 34.74% |
| Max Drawdown | -10.54% | -46.01% |
| Current Drawdown | -0.86% | -12.85% |
Correlation
The correlation between AVGV and SOXQ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AVGV vs. SOXQ - Performance Comparison
In the year-to-date period, AVGV achieves a 13.00% return, which is significantly lower than SOXQ's 23.83% 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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AVGV vs. SOXQ - Expense Ratio Comparison
AVGV has a 0.26% expense ratio, which is higher than SOXQ's 0.00% 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%.
Risk-Adjusted Performance
AVGV vs. SOXQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis ALL Equity Markets Value ETF (AVGV) and Invesco PHLX Semiconductor ETF (SOXQ). 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
AVGV vs. SOXQ - Dividend Comparison
AVGV's dividend yield for the trailing twelve months is around 2.09%, more than SOXQ's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
AVGV Avantis ALL Equity Markets Value ETF | 2.09% | 1.14% | 0.00% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.68% | 0.87% | 1.36% | 0.72% |
Drawdowns
AVGV vs. SOXQ - Drawdown Comparison
The maximum AVGV drawdown since its inception was -10.54%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for AVGV and SOXQ. For additional features, visit the drawdowns tool.
Volatility
AVGV vs. SOXQ - Volatility Comparison
The current volatility for Avantis ALL Equity Markets Value ETF (AVGV) is 3.39%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 9.62%. This indicates that AVGV experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.