AVMV vs. RNIN

Last updated Jun 24, 2026

AVMV (Avantis U.S. Mid Cap Value ETF) and RNIN (Bushido Capital US SMID Cap Equity ETF) are both Mid Cap Value Equities funds. Both are actively managed. Over the past year, AVMV returned 25.54% vs 27.06% for RNIN. Their correlation of 0.83 suggests significant overlap in exposure. AVMV charges 0.20%/yr vs 0.68%/yr for RNIN.

Performance

AVMV vs. RNIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Value ETF (AVMV) and Bushido Capital US SMID Cap Equity ETF (RNIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVMV achieves a 12.90% return, which is significantly lower than RNIN's 15.44% return.

AVMV

• 1D: -0.50%
• 1M: 1.57%
• YTD: 12.90%
• 6M: 11.46%
• 1Y: 25.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RNIN

• 1D: 0.62%
• 1M: 1.26%
• YTD: 15.44%
• 6M: 14.30%
• 1Y: 27.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVMV vs. RNIN - Yearly Performance Comparison

	2026 (YTD)	2025
AVMV Avantis U.S. Mid Cap Value ETF	12.90%	12.22%
RNIN Bushido Capital US SMID Cap Equity ETF	15.44%	10.92%

Correlation

The correlation between AVMV and RNIN is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since May 15, 2025	0.83

The correlation between AVMV and RNIN has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

Return for Risk

AVMV vs. RNIN — Risk / Return Rank

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

AVMV

AVMV Risk / Return Rank: 61
AVMV Sharpe Ratio Rank: 56
AVMV Sortino Ratio Rank: 59
AVMV Omega Ratio Rank: 53
AVMV Calmar Ratio Rank: 70
AVMV Martin Ratio Rank: 64

RNIN

RNIN Risk / Return Rank: 71
RNIN Sharpe Ratio Rank: 60
RNIN Sortino Ratio Rank: 63
RNIN Omega Ratio Rank: 57
RNIN Calmar Ratio Rank: 89
RNIN Martin Ratio Rank: 85

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.

AVMV vs. RNIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Value ETF (AVMV) and Bushido Capital US SMID Cap Equity ETF (RNIN). 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	RNIN	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.82	+0.01
Sortino ratio: Return per unit of downside risk	2.66	2.64	+0.02
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	3.37	4.77	-1.41
Martin ratio: Return relative to average drawdown	11.03	15.88	-4.85

AVMV vs. RNIN - Sharpe Ratio Comparison

The current AVMV Sharpe Ratio is 1.83, which is comparable to the RNIN Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of AVMV and RNIN, 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. RNIN - Drawdown Comparison

The maximum AVMV drawdown since its inception was -24.24%, which is greater than RNIN's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for AVMV and RNIN.

Drawdown Indicators

	AVMV	RNIN	Difference
Max Drawdown Largest peak-to-trough decline	-24.24%	-5.70%	-18.54%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	-5.70%	-1.93%
Current Drawdown Current decline from peak	-1.48%	-2.96%	+1.48%
Average Drawdown Average peak-to-trough decline	-3.83%	-1.30%	-2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	1.71%	+0.61%

Volatility

AVMV vs. RNIN - Volatility Comparison

The current volatility for Avantis U.S. Mid Cap Value ETF (AVMV) is 3.76%, while Bushido Capital US SMID Cap Equity ETF (RNIN) has a volatility of 4.83%. This indicates that AVMV experiences smaller price fluctuations and is considered to be less risky than RNIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMV	RNIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	4.83%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	9.71%	10.65%	-0.94%
Volatility (1Y) Calculated over the trailing 1-year period	14.06%	14.98%	-0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.93%	14.89%	+3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.93%	14.89%	+3.04%

AVMV vs. RNIN - Expense Ratio Comparison

AVMV has a 0.20% expense ratio, which is lower than RNIN's 0.68% expense ratio.

Dividends

AVMV vs. RNIN - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.32%, more than RNIN's 0.77% yield.

Position	TTM	2025	2024	2023
AVMV Avantis U.S. Mid Cap Value ETF	1.32%	1.20%	1.30%	0.25%
RNIN Bushido Capital US SMID Cap Equity ETF	0.77%	0.71%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVMV and RNIN in my portfolio?

AVMV and RNIN have a correlation of 0.81, 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 RNIN?

RNIN has higher volatility (4.83%) compared to AVMV (3.76%). In terms of maximum drawdown, AVMV dropped -24.24% vs RNIN's -5.70%.

Which ETF is better, AVMV or RNIN?

On 1-year performance, RNIN leads with 27.06% vs 25.54% for AVMV. On fees, AVMV is cheaper at 0.20% per year. On volatility, AVMV has been the lower-risk option at 3.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVMV or RNIN?

Over the 1-year period, RNIN has performed better with a 27.06% return vs 25.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMV or RNIN?

AVMV is cheaper with a 0.20% expense ratio, compared with 0.68% for RNIN.

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

AVMV has the higher dividend yield at 1.32%, compared with 0.77% for RNIN.

What is the main difference between AVMV and RNIN?

They also come from different issuers: Avantis and Bushido. Their fees differ too: 0.20% for AVMV and 0.68% for RNIN.

Which has better risk-adjusted returns?

AVMV currently has the higher Sharpe Ratio (1.83 vs 1.82), 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.