Correlation
The correlation between AVIE and SPLV is 0.57, 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.
AVIE vs. SPLV
Compare and contrast key facts about Avantis Inflation Focused Equity ETF (AVIE) and Invesco S&P 500® Low Volatility ETF (SPLV).
AVIE and SPLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVIE is an actively managed fund by Avantis. It was launched on Sep 27, 2022. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVIE or SPLV.
Performance
AVIE vs. SPLV - Performance Comparison
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Key characteristics
AVIE:
-0.01
SPLV:
1.26
AVIE:
0.04
SPLV:
1.72
AVIE:
1.01
SPLV:
1.24
AVIE:
-0.06
SPLV:
1.82
AVIE:
-0.15
SPLV:
5.62
AVIE:
4.48%
SPLV:
2.94%
AVIE:
15.29%
SPLV:
13.29%
AVIE:
-12.39%
SPLV:
-36.26%
AVIE:
-7.37%
SPLV:
-1.66%
Returns By Period
In the year-to-date period, AVIE achieves a 0.82% return, which is significantly lower than SPLV's 5.74% return.
AVIE
0.82%
-1.07%
-7.37%
-0.08%
N/A
N/A
N/A
SPLV
5.74%
1.04%
-0.97%
16.67%
6.50%
10.23%
9.31%
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AVIE vs. SPLV - Expense Ratio Comparison
Both AVIE and SPLV have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVIE vs. SPLV — Risk-Adjusted Performance Rank
AVIE
SPLV
AVIE vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and Invesco S&P 500® Low Volatility ETF (SPLV). 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.
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Dividends
AVIE vs. SPLV - Dividend Comparison
AVIE's dividend yield for the trailing twelve months is around 2.03%, more than SPLV's 1.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVIE Avantis Inflation Focused Equity ETF | 2.03% | 1.89% | 3.72% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.73% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% |
Drawdowns
AVIE vs. SPLV - Drawdown Comparison
The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum SPLV drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for AVIE and SPLV.
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Volatility
AVIE vs. SPLV - Volatility Comparison
Avantis Inflation Focused Equity ETF (AVIE) has a higher volatility of 4.23% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 3.67%. This indicates that AVIE's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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