AVMC vs. VIMAX

Last updated Aug 2, 2026

AVMC (Avantis U.S. Mid Cap Equity ETF) and VIMAX (Vanguard Mid-Cap Index Fund Admiral Shares) are both Mid Cap Blend Equities funds. AVMC is actively managed, while VIMAX is passively managed. Over the past year, AVMC returned 20.96% vs 16.54% for VIMAX. Their 0.97 correlation means they have historically moved very closely together. AVMC charges 0.20%/yr vs 0.05%/yr for VIMAX.

Performance

AVMC vs. VIMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Equity ETF (AVMC) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX). 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 VIMAX slightly lower at 12.41%.

AVMC

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

VIMAX

• 1D: 0.44%
• 1M: 0.55%
• 6M: 10.10%
• YTD: 12.41%
• 1Y: 16.54%
• 3Y*: 14.19%
• 5Y*: 7.77%
• 10Y*: 11.37%
• ALL TIME*: 10.36%

*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)
AVMC Avantis U.S. Mid Cap Equity ETF	$1.68M	$2.48M	$2.18M
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares	$0.00	$0.00	$0.00

AVMC vs. VIMAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMC Avantis U.S. Mid Cap Equity ETF	12.89%	9.98%	16.84%	14.02%
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares	12.41%	11.67%	14.66%	13.99%

Correlation

The correlation between AVMC and VIMAX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.97

The correlation between AVMC and VIMAX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

AVMC vs. VIMAX - Sectors Allocation Comparison

Sectors	AVMC	VIMAX
Industrials	18.6%	19.9%
Financial Services	16.1%	13.1%
Technology	15.3%	18.2%
Healthcare	11.2%	7.8%
Consumer Cyclical	10.6%	9.0%
Energy	6.9%	7.4%
Consumer Defensive	6.5%	4.6%
Utilities	6.3%	8.4%
Basic Materials	6.1%	3.9%
Communication Services	1.8%	2.7%
Real Estate	0.5%	5.1%

Return for Risk

AVMC vs. VIMAX — 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

VIMAX

VIMAX Risk / Return Rank: 44
VIMAX Sharpe Ratio Rank: 41
VIMAX Sortino Ratio Rank: 41
VIMAX Omega Ratio Rank: 38
VIMAX Calmar Ratio Rank: 51
VIMAX Martin Ratio Rank: 52

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. VIMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Equity ETF (AVMC) and Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX). 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	VIMAX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.17	+0.26
Sortino ratio: Return per unit of downside risk	2.11	1.70	+0.41
Omega ratio: Gain probability vs. loss probability	1.26	1.21	+0.05
Calmar ratio: Return relative to maximum drawdown	2.48	1.81	+0.68
Martin ratio: Return relative to average drawdown	9.38	6.88	+2.50

AVMC vs. VIMAX - Sharpe Ratio Comparison

The current AVMC Sharpe Ratio is 1.43, which is comparable to the VIMAX Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of AVMC and VIMAX, 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. VIMAX - Drawdown Comparison

The maximum AVMC drawdown since its inception was -21.84%, smaller than the maximum VIMAX drawdown of -58.88%. Use the drawdown chart below to compare losses from any high point for AVMC and VIMAX.

Drawdown Indicators

	AVMC	VIMAX	Difference
Max Drawdown Largest peak-to-trough decline	-21.84%	-58.88%	+37.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.90%	-8.13%	+0.23%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.30%	—
Current Drawdown Current decline from peak	-1.10%	-0.44%	-0.66%
Average Drawdown Average peak-to-trough decline	-3.08%	-8.07%	+4.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	2.13%	-0.04%

Volatility

AVMC vs. VIMAX - Volatility Comparison

Avantis U.S. Mid Cap Equity ETF (AVMC) has a higher volatility of 2.63% compared to Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX) at 2.10%. This indicates that AVMC's price experiences larger fluctuations and is considered to be riskier than VIMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMC	VIMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	2.10%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	9.49%	+0.53%
Volatility (1Y) Calculated over the trailing 1-year period	13.77%	12.60%	+1.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	17.63%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	18.84%	-2.13%

AVMC vs. VIMAX - Expense Ratio Comparison

AVMC has a 0.20% expense ratio, which is higher than VIMAX's 0.05% 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

AVMC vs. VIMAX - Dividend Comparison

AVMC's dividend yield for the trailing twelve months is around 0.95%, less than VIMAX's 1.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVMC Avantis U.S. Mid Cap Equity ETF	0.95%	1.12%	1.02%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIMAX Vanguard Mid-Cap Index Fund Admiral Shares	1.31%	1.51%	1.48%	1.50%	1.59%	1.11%	1.44%	1.47%	1.82%	1.35%	1.45%	1.47%

Frequently Asked Questions

Can I hold both AVMC and VIMAX in my portfolio?

With a correlation of 0.96, AVMC and VIMAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVMC or VIMAX?

AVMC has higher volatility (2.63%) compared to VIMAX (2.10%). In terms of maximum drawdown, AVMC dropped -21.84% vs VIMAX's -58.88%.

Which has better risk-adjusted returns?

AVMC currently has the higher Sharpe Ratio (1.43 vs 1.17), 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.