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AVMV vs. SPMD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

AVMV vs. SPMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Value ETF (AVMV) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
15.42%
11.26%
AVMV
SPMD

Returns By Period

In the year-to-date period, AVMV achieves a 25.79% return, which is significantly higher than SPMD's 19.66% return.


AVMV

YTD

25.79%

1M

7.26%

6M

16.85%

1Y

37.81%

5Y (annualized)

N/A

10Y (annualized)

N/A

SPMD

YTD

19.66%

1M

4.78%

6M

12.12%

1Y

30.84%

5Y (annualized)

12.40%

10Y (annualized)

9.89%

Key characteristics


AVMVSPMD
Sharpe Ratio2.401.98
Sortino Ratio3.372.80
Omega Ratio1.421.34
Calmar Ratio4.483.22
Martin Ratio12.8011.43
Ulcer Index3.00%2.77%
Daily Std Dev16.02%15.93%
Max Drawdown-8.56%-57.62%
Current Drawdown0.00%-1.15%

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AVMV vs. SPMD - Expense Ratio Comparison

AVMV has a 0.20% expense ratio, which is higher than SPMD'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%.


AVMV
Avantis U.S. Mid Cap Value ETF
Expense ratio chart for AVMV: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for SPMD: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Correlation

-0.50.00.51.01.0

The correlation between AVMV and SPMD is 0.96, 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.

Risk-Adjusted Performance

AVMV vs. SPMD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Value ETF (AVMV) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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.


Sharpe ratio
The chart of Sharpe ratio for AVMV, currently valued at 2.40, compared to the broader market0.002.004.002.401.98
The chart of Sortino ratio for AVMV, currently valued at 3.37, compared to the broader market-2.000.002.004.006.008.0010.003.372.80
The chart of Omega ratio for AVMV, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.421.34
The chart of Calmar ratio for AVMV, currently valued at 4.48, compared to the broader market0.005.0010.0015.004.484.04
The chart of Martin ratio for AVMV, currently valued at 12.80, compared to the broader market0.0020.0040.0060.0080.00100.0012.8011.43
AVMV
SPMD

The current AVMV Sharpe Ratio is 2.40, which is comparable to the SPMD Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of AVMV and SPMD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.802.002.202.402.60Wed 13Thu 14Fri 15Sat 16Nov 17Mon 18Tue 19Wed 20Thu 21
2.40
1.98
AVMV
SPMD

Dividends

AVMV vs. SPMD - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.01%, less than SPMD's 1.31% yield.


TTM20232022202120202019201820172016201520142013
AVMV
Avantis U.S. Mid Cap Value ETF
1.01%0.25%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
1.31%1.47%1.64%1.24%1.30%1.57%1.85%1.97%2.13%5.33%5.71%10.67%

Drawdowns

AVMV vs. SPMD - Drawdown Comparison

The maximum AVMV drawdown since its inception was -8.56%, smaller than the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for AVMV and SPMD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.15%
AVMV
SPMD

Volatility

AVMV vs. SPMD - Volatility Comparison

Avantis U.S. Mid Cap Value ETF (AVMV) has a higher volatility of 5.86% compared to SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) at 5.45%. This indicates that AVMV's price experiences larger fluctuations and is considered to be riskier than SPMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.86%
5.45%
AVMV
SPMD