AVMC vs. OPTZ

Last updated Jun 24, 2026

AVMC (Avantis U.S. Mid Cap Equity ETF) and OPTZ (Optimize Strategy Index ETF) are both Mid Cap Blend Equities funds. AVMC is actively managed, while OPTZ is passively managed. Over the past year, AVMC returned 22.96% vs 61.16% for OPTZ. Their correlation of 0.87 suggests significant overlap in exposure. AVMC charges 0.20%/yr vs 0.25%/yr for OPTZ.

Performance

AVMC vs. OPTZ - Performance Comparison

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

Returns By Period

In the year-to-date period, AVMC achieves a 12.31% return, which is significantly lower than OPTZ's 32.54% return.

AVMC

• 1D: -0.79%
• 1M: 1.58%
• YTD: 12.31%
• 6M: 10.80%
• 1Y: 22.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OPTZ

• 1D: -3.23%
• 1M: 7.00%
• YTD: 32.54%
• 6M: 30.49%
• 1Y: 61.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVMC vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVMC Avantis U.S. Mid Cap Equity ETF	12.31%	9.98%	12.31%
OPTZ Optimize Strategy Index ETF	32.54%	22.83%	16.41%

Correlation

The correlation between AVMC and OPTZ is 0.84, 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	0.84
Correlation (All Time) Calculated using the full available price history since Apr 23, 2024	0.87

The correlation between AVMC and OPTZ has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

AVMC vs. OPTZ - Sectors Allocation Comparison

Sectors	AVMC	OPTZ
Industrials	19.3%	8.2%
Financial Services	15.8%	8.0%
Technology	14.6%	55.4%
Consumer Cyclical	10.9%	8.5%
Healthcare	10.2%	9.4%
Energy	8.5%	1.3%
Consumer Defensive	6.8%	3.5%
Utilities	5.3%	0.6%
Basic Materials	5.3%	1.1%
Communication Services	2.7%	2.6%
Real Estate	0.6%	1.4%

Return for Risk

AVMC vs. OPTZ — Risk / Return Rank

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

AVMC

AVMC Risk / Return Rank: 55
AVMC Sharpe Ratio Rank: 51
AVMC Sortino Ratio Rank: 52
AVMC Omega Ratio Rank: 48
AVMC Calmar Ratio Rank: 62
AVMC Martin Ratio Rank: 64

OPTZ

OPTZ Risk / Return Rank: 92
OPTZ Sharpe Ratio Rank: 93
OPTZ Sortino Ratio Rank: 91
OPTZ Omega Ratio Rank: 89
OPTZ Calmar Ratio Rank: 92
OPTZ Martin Ratio Rank: 94

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.

AVMC vs. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Equity ETF (AVMC) and Optimize Strategy Index ETF (OPTZ). 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	OPTZ	Difference
Sharpe ratio: Return per unit of total volatility	1.65	3.09	-1.45
Sortino ratio: Return per unit of downside risk	2.39	3.95	-1.56
Omega ratio: Gain probability vs. loss probability	1.29	1.52	-0.23
Calmar ratio: Return relative to maximum drawdown	2.92	5.78	-2.86
Martin ratio: Return relative to average drawdown	10.85	25.39	-14.53

AVMC vs. OPTZ - Sharpe Ratio Comparison

The current AVMC Sharpe Ratio is 1.65, which is lower than the OPTZ Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of AVMC and OPTZ, 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. OPTZ - Drawdown Comparison

The maximum AVMC drawdown since its inception was -21.84%, smaller than the maximum OPTZ drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for AVMC and OPTZ.

Drawdown Indicators

	AVMC	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-21.84%	-25.75%	+3.91%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	-10.63%	+2.73%
Current Drawdown Current decline from peak	-1.21%	-3.23%	+2.02%
Average Drawdown Average peak-to-trough decline	-3.17%	-3.36%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	2.42%	-0.30%

Volatility

AVMC vs. OPTZ - Volatility Comparison

The current volatility for Avantis U.S. Mid Cap Equity ETF (AVMC) is 4.16%, while Optimize Strategy Index ETF (OPTZ) has a volatility of 9.74%. This indicates that AVMC experiences smaller price fluctuations and is considered to be less risky than OPTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMC	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	9.74%	-5.58%
Volatility (6M) Calculated over the trailing 6-month period	10.36%	16.08%	-5.72%
Volatility (1Y) Calculated over the trailing 1-year period	14.03%	19.88%	-5.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	21.28%	-4.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	21.28%	-4.33%

AVMC vs. OPTZ - Expense Ratio Comparison

AVMC has a 0.20% expense ratio, which is lower than OPTZ's 0.25% 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. OPTZ - Dividend Comparison

AVMC's dividend yield for the trailing twelve months is around 1.22%, more than OPTZ's 0.44% yield.

Position	TTM	2025	2024	2023
AVMC Avantis U.S. Mid Cap Equity ETF	1.22%	1.12%	1.02%	0.24%
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%	0.00%

Frequently Asked Questions

Can I hold both AVMC and OPTZ in my portfolio?

AVMC and OPTZ have a correlation of 0.84, 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 OPTZ?

OPTZ has higher volatility (9.74%) compared to AVMC (4.16%). In terms of maximum drawdown, AVMC dropped -21.84% vs OPTZ's -25.75%.

Which ETF is better, AVMC or OPTZ?

On 1-year performance, OPTZ leads with 61.16% vs 22.96% for AVMC. On fees, AVMC is cheaper at 0.20% per year. On volatility, AVMC has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVMC or OPTZ?

Over the 1-year period, OPTZ has performed better with a 61.16% return vs 22.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMC or OPTZ?

AVMC is cheaper with a 0.20% expense ratio, compared with 0.25% for OPTZ.

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

AVMC has the higher dividend yield at 1.22%, compared with 0.44% for OPTZ.

What is the main difference between AVMC and OPTZ?

They also come from different issuers: Avantis and Optimize. Their fees differ too: 0.20% for AVMC and 0.25% for OPTZ.

Which has better risk-adjusted returns?

OPTZ currently has the higher Sharpe Ratio (3.09 vs 1.65), 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.