AVMA vs. AVLV
Compare and contrast key facts about Avantis Moderate Allocation ETF (AVMA) and Avantis U.S. Large Cap Value ETF (AVLV).
AVMA and AVLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVMA is an actively managed fund by Avantis. It was launched on Jun 27, 2023. AVLV is a passively managed fund by American Century Investments that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 21, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVMA or AVLV.
Key characteristics
| AVMA | AVLV | |
|---|---|---|
| YTD Return | 9.86% | 12.82% |
| 1Y Return | 17.85% | 21.51% |
| Sharpe Ratio | 1.89 | 1.66 |
| Daily Std Dev | 9.40% | 13.01% |
| Max Drawdown | -8.51% | -19.34% |
| Current Drawdown | 0.00% | -1.43% |
Correlation
The correlation between AVMA and AVLV is 0.93, 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
AVMA vs. AVLV - Performance Comparison
In the year-to-date period, AVMA achieves a 9.86% return, which is significantly lower than AVLV's 12.82% 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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AVMA vs. AVLV - Expense Ratio Comparison
AVMA has a 0.21% expense ratio, which is higher than AVLV's 0.15% 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
AVMA vs. AVLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Moderate Allocation ETF (AVMA) and Avantis U.S. Large Cap Value ETF (AVLV). 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
AVMA vs. AVLV - Dividend Comparison
AVMA's dividend yield for the trailing twelve months is around 1.97%, more than AVLV's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
AVMA Avantis Moderate Allocation ETF | 1.97% | 1.11% | 0.00% | 0.00% |
AVLV Avantis U.S. Large Cap Value ETF | 1.57% | 1.85% | 2.00% | 0.29% |
Drawdowns
AVMA vs. AVLV - Drawdown Comparison
The maximum AVMA drawdown since its inception was -8.51%, smaller than the maximum AVLV drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for AVMA and AVLV. For additional features, visit the drawdowns tool.
Volatility
AVMA vs. AVLV - Volatility Comparison
The current volatility for Avantis Moderate Allocation ETF (AVMA) is 2.93%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 4.11%. This indicates that AVMA experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.