AVMA vs. SSIAX

Last updated Jun 4, 2026

AVMA (Avantis Moderate Allocation ETF) and SSIAX (1919 Socially Responsive Balanced Fund) are both Diversified Portfolio funds. Over the past year, AVMA returned 23.97% vs 12.49% for SSIAX. Their correlation of 0.83 suggests significant overlap in exposure. AVMA charges 0.21%/yr vs 0.97%/yr for SSIAX.

Performance

AVMA vs. SSIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Moderate Allocation ETF (AVMA) and 1919 Socially Responsive Balanced Fund (SSIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVMA achieves a 10.43% return, which is significantly higher than SSIAX's 3.88% return.

AVMA

• 1D: -0.44%
• 1M: 2.85%
• YTD: 10.43%
• 6M: 11.18%
• 1Y: 23.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SSIAX

• 1D: -0.08%
• 1M: 2.97%
• YTD: 3.88%
• 6M: 3.35%
• 1Y: 12.49%
• 3Y*: 13.28%
• 5Y*: 7.24%
• 10Y*: 10.24%

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

AVMA vs. SSIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMA Avantis Moderate Allocation ETF	10.43%	16.72%	10.01%	8.19%
SSIAX 1919 Socially Responsive Balanced Fund	3.88%	9.79%	15.94%	8.47%

Correlation

The correlation between AVMA and SSIAX is 0.83, 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	0.83
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023	0.83

The correlation between AVMA and SSIAX has been stable across timeframes, ranging from 0.83 to 0.83 - a consistent structural relationship.

Return for Risk

AVMA vs. SSIAX — Risk / Return Rank

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

AVMA

AVMA Risk / Return Rank: 80
AVMA Sharpe Ratio Rank: 81
AVMA Sortino Ratio Rank: 85
AVMA Omega Ratio Rank: 82
AVMA Calmar Ratio Rank: 74
AVMA Martin Ratio Rank: 80

SSIAX

SSIAX Risk / Return Rank: 28
SSIAX Sharpe Ratio Rank: 30
SSIAX Sortino Ratio Rank: 30
SSIAX Omega Ratio Rank: 29
SSIAX Calmar Ratio Rank: 21
SSIAX Martin Ratio Rank: 31

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.

AVMA vs. SSIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Moderate Allocation ETF (AVMA) and 1919 Socially Responsive Balanced Fund (SSIAX). 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.

	AVMA	SSIAX	Difference
Sharpe ratio: Return per unit of total volatility	2.68	1.59	+1.09
Sortino ratio: Return per unit of downside risk	3.84	2.30	+1.54
Omega ratio: Gain probability vs. loss probability	1.50	1.28	+0.22
Calmar ratio: Return relative to maximum drawdown	3.76	1.68	+2.08
Martin ratio: Return relative to average drawdown	15.96	7.08	+8.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVMA vs. SSIAX - Sharpe Ratio Comparison

The current AVMA Sharpe Ratio is 2.68, which is higher than the SSIAX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of AVMA and SSIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVMA	SSIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	1.59	+1.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	0.60	+0.94

Drawdowns

AVMA vs. SSIAX - Drawdown Comparison

The maximum AVMA drawdown since its inception was -11.81%, smaller than the maximum SSIAX drawdown of -40.41%. Use the drawdown chart below to compare losses from any high point for AVMA and SSIAX.

Drawdown Indicators

	AVMA	SSIAX	Difference
Max Drawdown Largest peak-to-trough decline	-11.81%	-40.41%	+28.60%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-7.77%	+1.37%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.03%	—
Current Drawdown Current decline from peak	-0.44%	-0.08%	-0.36%
Average Drawdown Average peak-to-trough decline	-1.55%	-6.05%	+4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	1.84%	-0.33%

Volatility

AVMA vs. SSIAX - Volatility Comparison

Avantis Moderate Allocation ETF (AVMA) has a higher volatility of 2.63% compared to 1919 Socially Responsive Balanced Fund (SSIAX) at 2.17%. This indicates that AVMA's price experiences larger fluctuations and is considered to be riskier than SSIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMA	SSIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	2.17%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	7.08%	6.35%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	8.99%	8.23%	+0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.29%	12.53%	-2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.29%	12.72%	-2.43%

AVMA vs. SSIAX - Expense Ratio Comparison

AVMA has a 0.21% expense ratio, which is lower than SSIAX's 0.97% expense ratio.

Dividends

AVMA vs. SSIAX - Dividend Comparison

AVMA's dividend yield for the trailing twelve months is around 2.34%, more than SSIAX's 1.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVMA Avantis Moderate Allocation ETF	2.34%	2.21%	2.28%	1.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SSIAX 1919 Socially Responsive Balanced Fund	1.17%	1.23%	0.73%	0.51%	0.23%	0.41%	0.27%	0.62%	7.03%	6.21%	7.28%	8.74%

Frequently Asked Questions

Can I hold both AVMA and SSIAX in my portfolio?

AVMA and SSIAX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVMA or SSIAX?

AVMA has higher volatility (2.63%) compared to SSIAX (2.17%). In terms of maximum drawdown, AVMA dropped -11.81% vs SSIAX's -40.41%.

Which has better risk-adjusted returns?

AVMA currently has the higher Sharpe Ratio (2.68 vs 1.59), 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.