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

Key characteristics


AVMVSPMD
YTD Return23.57%19.12%
1Y Return36.10%31.25%
Sharpe Ratio2.502.23
Sortino Ratio3.533.16
Omega Ratio1.441.39
Calmar Ratio4.773.41
Martin Ratio13.6613.31
Ulcer Index2.99%2.73%
Daily Std Dev16.36%16.29%
Max Drawdown-8.56%-57.62%
Current Drawdown-1.21%-1.59%

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.

Performance

AVMV vs. SPMD - Performance Comparison

In the year-to-date period, AVMV achieves a 23.57% return, which is significantly higher than SPMD's 19.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
12.14%
8.36%
AVMV
SPMD

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.


AVMV
Sharpe ratio
The chart of Sharpe ratio for AVMV, currently valued at 2.50, compared to the broader market-2.000.002.004.002.50
Sortino ratio
The chart of Sortino ratio for AVMV, currently valued at 3.53, compared to the broader market-2.000.002.004.006.008.0010.0012.003.53
Omega ratio
The chart of Omega ratio for AVMV, currently valued at 1.44, compared to the broader market1.001.502.002.503.001.44
Calmar ratio
The chart of Calmar ratio for AVMV, currently valued at 4.77, compared to the broader market0.005.0010.0015.004.77
Martin ratio
The chart of Martin ratio for AVMV, currently valued at 13.66, compared to the broader market0.0020.0040.0060.0080.00100.00120.0013.66
SPMD
Sharpe ratio
The chart of Sharpe ratio for SPMD, currently valued at 2.23, compared to the broader market-2.000.002.004.002.23
Sortino ratio
The chart of Sortino ratio for SPMD, currently valued at 3.16, compared to the broader market-2.000.002.004.006.008.0010.0012.003.16
Omega ratio
The chart of Omega ratio for SPMD, currently valued at 1.39, compared to the broader market1.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for SPMD, currently valued at 4.64, compared to the broader market0.005.0010.0015.004.64
Martin ratio
The chart of Martin ratio for SPMD, currently valued at 13.31, compared to the broader market0.0020.0040.0060.0080.00100.00120.0013.31

AVMV vs. SPMD - Sharpe Ratio Comparison

The current AVMV Sharpe Ratio is 2.50, which is comparable to the SPMD Sharpe Ratio of 2.23. 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 Ratio2.202.252.302.352.402.452.502.5503 AM06 AM09 AM12 PM03 PM06 PM09 PMWed 13
2.50
2.23
AVMV
SPMD

Dividends

AVMV vs. SPMD - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.03%, less than SPMD's 1.32% yield.


TTM20232022202120202019201820172016201520142013
AVMV
Avantis U.S. Mid Cap Value ETF
1.03%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
1.32%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%JuneJulyAugustSeptemberOctoberNovember
-1.21%
-1.59%
AVMV
SPMD

Volatility

AVMV vs. SPMD - Volatility Comparison

Avantis U.S. Mid Cap Value ETF (AVMV) has a higher volatility of 5.95% compared to SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) at 5.32%. 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
5.95%
5.32%
AVMV
SPMD