AVMV vs. DSMC

Last updated Aug 2, 2026

AVMV (Avantis U.S. Mid Cap Value ETF) and DSMC (Distillate Small/Mid Cash Flow ETF) are both exchange-traded funds - AVMV is a Mid Cap Value Equities fund actively managed by Avantis, while DSMC is a Small Cap Value Equities fund actively managed by Distillate. Both are actively managed. Over the past year, AVMV returned 25.60% vs 31.37% for DSMC. Their correlation of 0.87 means they have usually moved in the same direction. AVMV charges 0.20%/yr vs 0.55%/yr for DSMC.

Performance

AVMV vs. DSMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Value ETF (AVMV) and Distillate Small/Mid Cash Flow ETF (DSMC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVMV achieves a 14.92% return, which is significantly lower than DSMC's 20.82% return.

AVMV

• 1D: -0.16%
• 1M: 1.18%
• 6M: 10.03%
• YTD: 14.92%
• 1Y: 25.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.92%

DSMC

• 1D: -0.24%
• 1M: 3.93%
• 6M: 13.71%
• YTD: 20.82%
• 1Y: 31.37%
• 3Y*: 11.31%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.53%

*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)
AVMV Avantis U.S. Mid Cap Value ETF	$4.17M	$4.09M	$3.51M
DSMC Distillate Small/Mid Cash Flow ETF	$134.46K	$196.71K	$205.16K

AVMV vs. DSMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMV Avantis U.S. Mid Cap Value ETF	14.92%	10.46%	18.43%	14.13%
DSMC Distillate Small/Mid Cash Flow ETF	20.82%	2.73%	2.81%	17.24%

Correlation

The correlation between AVMV and DSMC is 0.78, 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.	0.78
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.87

The correlation between AVMV and DSMC has been stable across timeframes, ranging from 0.78 to 0.87 - a consistent structural relationship.

AVMV vs. DSMC - Sectors Allocation Comparison

Sectors	AVMV	DSMC
Financial Services	23.6%	4.2%
Consumer Cyclical	18.3%	16.9%
Industrials	17.5%	16.8%
Energy	12.5%	13.4%
Technology	8.2%	16.0%
Consumer Defensive	7.2%	9.8%
Healthcare	6.4%	11.7%
Basic Materials	3.5%	5.2%
Communication Services	1.5%	4.9%
Real Estate	0.8%	0.4%
Utilities	0.6%	-

Return for Risk

AVMV vs. DSMC — Risk / Return Rank

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

AVMV

AVMV Risk / Return Rank: 80
AVMV Sharpe Ratio Rank: 78
AVMV Sortino Ratio Rank: 81
AVMV Omega Ratio Rank: 76
AVMV Calmar Ratio Rank: 84
AVMV Martin Ratio Rank: 81

DSMC

DSMC Risk / Return Rank: 77
DSMC Sharpe Ratio Rank: 77
DSMC Sortino Ratio Rank: 81
DSMC Omega Ratio Rank: 73
DSMC Calmar Ratio Rank: 79
DSMC 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.

AVMV vs. DSMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Value ETF (AVMV) and Distillate Small/Mid Cash Flow ETF (DSMC). 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.

	AVMV	DSMC	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.75	+0.02
Sortino ratio: Return per unit of downside risk	2.62	2.64	-0.02
Omega ratio: Gain probability vs. loss probability	1.32	1.31	+0.01
Calmar ratio: Return relative to maximum drawdown	3.15	2.83	+0.32
Martin ratio: Return relative to average drawdown	10.59	9.69	+0.90

AVMV vs. DSMC - Sharpe Ratio Comparison

The current AVMV Sharpe Ratio is 1.77, which is comparable to the DSMC Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of AVMV and DSMC, 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

AVMV vs. DSMC - Drawdown Comparison

The maximum AVMV drawdown since its inception was -24.24%, smaller than the maximum DSMC drawdown of -28.62%. Use the drawdown chart below to compare losses from any high point for AVMV and DSMC.

Drawdown Indicators

	AVMV	DSMC	Difference
Max Drawdown Largest peak-to-trough decline	-24.24%	-28.62%	+4.38%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	-10.33%	+2.70%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.62%	—
Current Drawdown Current decline from peak	-0.68%	-1.56%	+0.88%
Average Drawdown Average peak-to-trough decline	-3.70%	-5.79%	+2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	3.01%	-0.75%

Volatility

AVMV vs. DSMC - Volatility Comparison

The current volatility for Avantis U.S. Mid Cap Value ETF (AVMV) is 2.38%, while Distillate Small/Mid Cash Flow ETF (DSMC) has a volatility of 4.34%. This indicates that AVMV experiences smaller price fluctuations and is considered to be less risky than DSMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMV	DSMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	4.34%	-1.96%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	10.47%	-1.33%
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	16.74%	-3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	20.18%	-2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	20.18%	-2.54%

AVMV vs. DSMC - Expense Ratio Comparison

AVMV has a 0.20% expense ratio, which is lower than DSMC's 0.55% expense ratio.

Dividends

AVMV vs. DSMC - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.04%, less than DSMC's 1.09% yield.

Position	TTM	2025	2024	2023	2022
AVMV Avantis U.S. Mid Cap Value ETF	1.04%	1.20%	1.30%	0.25%	0.00%
DSMC Distillate Small/Mid Cash Flow ETF	1.09%	1.18%	1.31%	1.02%	0.27%

Frequently Asked Questions

Can I hold both AVMV and DSMC in my portfolio?

AVMV and DSMC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVMV or DSMC?

DSMC has higher volatility (4.34%) compared to AVMV (2.38%). In terms of maximum drawdown, AVMV dropped -24.24% vs DSMC's -28.62%.

Which ETF is better, AVMV or DSMC?

On 1-year performance, DSMC leads with 31.37% vs 25.60% for AVMV. On fees, AVMV is cheaper at 0.20% per year. On volatility, AVMV has been the lower-risk option at 2.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVMV or DSMC?

Over the 1-year period, DSMC has performed better with a 31.37% return vs 25.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMV or DSMC?

AVMV is cheaper with a 0.20% expense ratio, compared with 0.55% for DSMC.

Which ETF pays a higher dividend yield, AVMV or DSMC?

DSMC has the higher dividend yield at 1.09%, compared with 1.04% for AVMV.

What is the main difference between AVMV and DSMC?

AVMV is categorized as Mid Cap Value Equities, while DSMC is Small Cap Value Equities. They also come from different issuers: Avantis and Distillate. Their fees differ too: 0.20% for AVMV and 0.55% for DSMC.

Which has better risk-adjusted returns?

AVMV currently has the higher Sharpe Ratio (1.77 vs 1.75), 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.