AVMA vs. DIA
AVMA (Avantis Moderate Allocation ETF) and DIA (State Street SPDR Dow Jones Industrial Average ETF Trust) are both exchange-traded funds - AVMA is a Diversified Portfolio fund actively managed by Avantis, while DIA is a Large Cap Blend Equities fund tracking the Dow Jones Industrial Average. AVMA is actively managed, while DIA is passively managed. Over the past year, AVMA returned 24.52% vs 24.46% for DIA. Their correlation of 0.83 suggests significant overlap in exposure. AVMA charges 0.21%/yr vs 0.16%/yr for DIA.
Performance
AVMA vs. DIA - Performance Comparison
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Returns By Period
In the year-to-date period, AVMA achieves a 11.22% return, which is significantly higher than DIA's 8.40% return.
AVMA
- 1D
- 0.10%
- 1M
- 1.65%
- YTD
- 11.22%
- 6M
- 10.95%
- 1Y
- 24.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIA
- 1D
- 0.30%
- 1M
- 2.44%
- YTD
- 8.40%
- 6M
- 7.75%
- 1Y
- 24.46%
- 3Y*
- 17.24%
- 5Y*
- 10.75%
- 10Y*
- 13.70%
AVMA vs. DIA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AVMA Avantis Moderate Allocation ETF | 11.22% | 16.72% | 10.01% | 8.36% |
DIA State Street SPDR Dow Jones Industrial Average ETF Trust | 8.40% | 14.71% | 14.82% | 12.38% |
Correlation
The correlation between AVMA and DIA is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023 | 0.83 |
The correlation between AVMA and DIA has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.
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Return for Risk
AVMA vs. DIA — Risk / Return Rank
AVMA
DIA
AVMA vs. DIA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Moderate Allocation ETF (AVMA) and State Street SPDR Dow Jones Industrial Average ETF Trust (DIA). 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.
| AVMA | DIA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.35 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 2.52 | +1.33 |
| Martin ratioReturn relative to average drawdown | 16.15 | 9.72 | +6.43 |
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Drawdowns
AVMA vs. DIA - Drawdown Comparison
The maximum AVMA drawdown since its inception was -11.81%, smaller than the maximum DIA drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for AVMA and DIA.
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Drawdown Indicators
| AVMA | DIA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.81% | -51.87% | +40.06% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | -9.76% | +3.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.70% | — |
Current DrawdownCurrent decline from peak | -0.22% | -0.57% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -1.54% | -7.13% | +5.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 2.52% | -1.00% |
Volatility
AVMA vs. DIA - Volatility Comparison
The current volatility for Avantis Moderate Allocation ETF (AVMA) is 3.26%, while State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) has a volatility of 4.16%. This indicates that AVMA experiences smaller price fluctuations and is considered to be less risky than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVMA | DIA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 4.16% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 7.55% | 9.76% | -2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.37% | 12.45% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.35% | 14.84% | -4.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.35% | 17.57% | -7.22% |
AVMA vs. DIA - Expense Ratio Comparison
AVMA has a 0.21% expense ratio, which is higher than DIA's 0.16% 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
AVMA vs. DIA - Dividend Comparison
AVMA's dividend yield for the trailing twelve months is around 3.00%, more than DIA's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVMA Avantis Moderate Allocation ETF | 3.00% | 2.21% | 2.28% | 1.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIA State Street SPDR Dow Jones Industrial Average ETF Trust | 1.39% | 1.43% | 1.61% | 1.81% | 1.91% | 1.58% | 1.87% | 1.85% | 2.24% | 1.97% | 2.26% | 2.33% |
Frequently Asked Questions
AVMA and DIA have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIA has higher volatility (4.16%) compared to AVMA (3.26%). In terms of maximum drawdown, AVMA dropped -11.81% vs DIA's -51.87%.
On 1-year performance, AVMA leads with 24.52% vs 24.46% for DIA. On fees, DIA is cheaper at 0.16% per year. On volatility, AVMA has been the lower-risk option at 3.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AVMA has performed better with a 24.52% return vs 24.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIA is cheaper with a 0.16% expense ratio, compared with 0.21% for AVMA.
AVMA has the higher dividend yield at 3.00%, compared with 1.39% for DIA.
AVMA is categorized as Diversified Portfolio, while DIA is Large Cap Blend Equities. They also come from different issuers: Avantis and State Street. Their fees differ too: 0.21% for AVMA and 0.16% for DIA.
AVMA currently has the higher Sharpe Ratio (2.63 vs 1.98), 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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