AVMC vs. AVDE

Last updated Aug 2, 2026

AVMC (Avantis U.S. Mid Cap Equity ETF) and AVDE (Avantis International Equity ETF) are both exchange-traded funds - AVMC is a Mid Cap Blend Equities fund actively managed by Avantis, while AVDE is a Foreign Large Cap Equities fund actively managed by Avantis. Both are actively managed. Over the past year, AVMC returned 20.96% vs 27.78% for AVDE. Their 0.70 correlation means they have sometimes moved together and sometimes differently. AVMC charges 0.20%/yr vs 0.23%/yr for AVDE.

Performance

AVMC vs. AVDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Equity ETF (AVMC) and Avantis International Equity ETF (AVDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AVMC having a 12.89% return and AVDE slightly lower at 12.39%.

AVMC

• 1D: -0.29%
• 1M: -0.54%
• 6M: 8.72%
• YTD: 12.89%
• 1Y: 20.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.29%

AVDE

• 1D: -0.46%
• 1M: 1.43%
• 6M: 6.48%
• YTD: 12.39%
• 1Y: 27.78%
• 3Y*: 19.17%
• 5Y*: 10.69%
• 10Y*: —
• ALL TIME*: 12.10%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVDE Avantis International Equity ETF	$87.20M	$88.83M	$96.47M
AVMC Avantis U.S. Mid Cap Equity ETF	$1.68M	$2.48M	$2.18M

AVMC vs. AVDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMC Avantis U.S. Mid Cap Equity ETF	12.89%	9.98%	16.84%	14.02%
AVDE Avantis International Equity ETF	12.39%	38.05%	4.88%	11.42%

Correlation

The correlation between AVMC and AVDE is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.70

The correlation between AVMC and AVDE has been stable across timeframes, ranging from 0.70 to 0.70 - a consistent structural relationship.

AVMC vs. AVDE - Sectors Allocation Comparison

Sectors	AVMC	AVDE
Industrials	18.6%	20.2%
Financial Services	16.1%	24.9%
Technology	15.3%	8.7%
Healthcare	11.2%	5.9%
Consumer Cyclical	10.6%	9.4%
Energy	6.9%	6.9%
Consumer Defensive	6.5%	4.5%
Utilities	6.3%	4.0%
Basic Materials	6.1%	10.3%
Communication Services	1.8%	3.8%
Real Estate	0.5%	1.4%

Return for Risk

AVMC vs. AVDE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVMC

AVMC Risk / Return Rank: 66
AVMC Sharpe Ratio Rank: 61
AVMC Sortino Ratio Rank: 64
AVMC Omega Ratio Rank: 59
AVMC Calmar Ratio Rank: 72
AVMC Martin Ratio Rank: 75

AVDE

AVDE Risk / Return Rank: 77
AVDE Sharpe Ratio Rank: 80
AVDE Sortino Ratio Rank: 79
AVDE Omega Ratio Rank: 78
AVDE Calmar Ratio Rank: 70
AVDE Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVMC vs. AVDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Equity ETF (AVMC) and Avantis International Equity ETF (AVDE). 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.

	AVMC	AVDE	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.82	-0.39
Sortino ratio: Return per unit of downside risk	2.11	2.55	-0.44
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.07
Calmar ratio: Return relative to maximum drawdown	2.48	2.42	+0.07
Martin ratio: Return relative to average drawdown	9.38	9.46	-0.08

AVMC vs. AVDE - Sharpe Ratio Comparison

The current AVMC Sharpe Ratio is 1.43, which is comparable to the AVDE Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of AVMC and AVDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVMC vs. AVDE - Drawdown Comparison

The maximum AVMC drawdown since its inception was -21.84%, smaller than the maximum AVDE drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for AVMC and AVDE.

Drawdown Indicators

	AVMC	AVDE	Difference
Max Drawdown Largest peak-to-trough decline	-21.84%	-36.99%	+15.15%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	-11.48%	+3.58%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.73%	—
Current Drawdown Current decline from peak	-1.10%	-0.46%	-0.64%
Average Drawdown Average peak-to-trough decline	-3.08%	-6.06%	+2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	2.93%	-0.84%

Volatility

AVMC vs. AVDE - Volatility Comparison

The current volatility for Avantis U.S. Mid Cap Equity ETF (AVMC) is 2.63%, while Avantis International Equity ETF (AVDE) has a volatility of 4.48%. This indicates that AVMC experiences smaller price fluctuations and is considered to be less risky than AVDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMC	AVDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	4.48%	-1.85%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	13.30%	-3.28%
Volatility (1Y) Calculated over the trailing 1-year period	13.77%	15.26%	-1.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	16.38%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	18.85%	-2.14%

AVMC vs. AVDE - Expense Ratio Comparison

AVMC has a 0.20% expense ratio, which is lower than AVDE's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVMC vs. AVDE - Dividend Comparison

AVMC's dividend yield for the trailing twelve months is around 0.95%, less than AVDE's 2.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDE Avantis International Equity ETF	2.42%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%
AVMC Avantis U.S. Mid Cap Equity ETF	0.95%	1.12%	1.02%	0.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVMC and AVDE in my portfolio?

AVMC and AVDE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVMC or AVDE?

AVDE has higher volatility (4.48%) compared to AVMC (2.63%). In terms of maximum drawdown, AVMC dropped -21.84% vs AVDE's -36.99%.

Which ETF is better, AVMC or AVDE?

On 1-year performance, AVDE leads with 27.78% vs 20.96% for AVMC. On fees, AVMC is cheaper at 0.20% per year. On volatility, AVMC has been the lower-risk option at 2.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVMC or AVDE?

Over the 1-year period, AVDE has performed better with a 27.78% return vs 20.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMC or AVDE?

AVMC is cheaper with a 0.20% expense ratio, compared with 0.23% for AVDE.

Which ETF pays a higher dividend yield, AVMC or AVDE?

AVDE has the higher dividend yield at 2.42%, compared with 0.95% for AVMC.

What is the main difference between AVMC and AVDE?

AVMC is categorized as Mid Cap Blend Equities, while AVDE is Foreign Large Cap Equities. Their fees differ too: 0.20% for AVMC and 0.23% for AVDE.

Which has better risk-adjusted returns?

AVDE currently has the higher Sharpe Ratio (1.82 vs 1.43), 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.