AVMC vs. AVMV
Compare and contrast key facts about Avantis U.S. Mid Cap Equity ETF (AVMC) and Avantis U.S. Mid Cap Value ETF (AVMV).
AVMC and AVMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVMC is an actively managed fund by Avantis. It was launched on Nov 7, 2023. AVMV is an actively managed fund by Avantis. It was launched on Nov 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVMC or AVMV.
Key characteristics
| AVMC | AVMV | |
|---|---|---|
| YTD Return | 21.98% | 23.57% |
| 1Y Return | 34.58% | 36.10% |
| Sharpe Ratio | 2.62 | 2.50 |
| Sortino Ratio | 3.61 | 3.53 |
| Omega Ratio | 1.45 | 1.44 |
| Calmar Ratio | 4.96 | 4.77 |
| Martin Ratio | 14.17 | 13.66 |
| Ulcer Index | 2.75% | 2.99% |
| Daily Std Dev | 14.92% | 16.36% |
| Max Drawdown | -7.87% | -8.56% |
| Current Drawdown | -1.12% | -1.21% |
Correlation
The correlation between AVMC and AVMV is 0.98, 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
AVMC vs. AVMV - Performance Comparison
In the year-to-date period, AVMC achieves a 21.98% return, which is significantly lower than AVMV's 23.57% 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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AVMC vs. AVMV - Expense Ratio Comparison
Both AVMC and AVMV have an expense ratio of 0.20%, 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
AVMC vs. AVMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Equity ETF (AVMC) and Avantis U.S. Mid Cap Value ETF (AVMV). 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
AVMC vs. AVMV - Dividend Comparison
AVMC's dividend yield for the trailing twelve months is around 0.84%, less than AVMV's 1.03% yield.
| TTM | 2023 | |
|---|---|---|
AVMC Avantis U.S. Mid Cap Equity ETF | 0.84% | 0.24% |
AVMV Avantis U.S. Mid Cap Value ETF | 1.03% | 0.25% |
Drawdowns
AVMC vs. AVMV - Drawdown Comparison
The maximum AVMC drawdown since its inception was -7.87%, smaller than the maximum AVMV drawdown of -8.56%. Use the drawdown chart below to compare losses from any high point for AVMC and AVMV. For additional features, visit the drawdowns tool.
Volatility
AVMC vs. AVMV - Volatility Comparison
The current volatility for Avantis U.S. Mid Cap Equity ETF (AVMC) is 4.94%, while Avantis U.S. Mid Cap Value ETF (AVMV) has a volatility of 5.95%. This indicates that AVMC experiences smaller price fluctuations and is considered to be less risky than AVMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.