AVMV vs. VFVA

Last updated Aug 2, 2026

AVMV (Avantis U.S. Mid Cap Value ETF) and VFVA (Vanguard U.S. Value Factor ETF) are both Mid Cap Value Equities funds. Both are actively managed. Over the past year, AVMV returned 25.60% vs 37.96% for VFVA. Their correlation of 0.90 means they have usually moved in the same direction. AVMV charges 0.20%/yr vs 0.13%/yr for VFVA.

Performance

AVMV vs. VFVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Mid Cap Value ETF (AVMV) and Vanguard U.S. Value Factor ETF (VFVA). 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 VFVA's 19.47% return.

AVMV

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

VFVA

• 1D: -0.14%
• 1M: 4.08%
• 6M: 14.51%
• YTD: 19.47%
• 1Y: 37.96%
• 3Y*: 16.39%
• 5Y*: 12.45%
• 10Y*: —
• ALL TIME*: 10.75%

*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
VFVA Vanguard U.S. Value Factor ETF	$2.76M	$2.45M	$1.67M

AVMV vs. VFVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMV Avantis U.S. Mid Cap Value ETF	14.92%	10.46%	18.43%	14.13%
VFVA Vanguard U.S. Value Factor ETF	19.47%	14.77%	7.67%	16.04%

Correlation

The correlation between AVMV and VFVA is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.90

The correlation between AVMV and VFVA has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

AVMV vs. VFVA - Sectors Allocation Comparison

Sectors	AVMV	VFVA
Financial Services	23.6%	25.7%
Consumer Cyclical	18.3%	13.1%
Industrials	17.5%	7.6%
Energy	12.5%	7.3%
Technology	8.2%	14.5%
Consumer Defensive	7.2%	7.1%
Healthcare	6.4%	14.9%
Basic Materials	3.5%	3.3%
Communication Services	1.5%	6.2%
Real Estate	0.8%	0.4%
Utilities	0.6%	-

Return for Risk

AVMV vs. VFVA — 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

VFVA

VFVA Risk / Return Rank: 92
VFVA Sharpe Ratio Rank: 92
VFVA Sortino Ratio Rank: 93
VFVA Omega Ratio Rank: 90
VFVA Calmar Ratio Rank: 92
VFVA Martin Ratio Rank: 90

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. VFVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Value ETF (AVMV) and Vanguard U.S. Value Factor ETF (VFVA). 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	VFVA	Difference
Sharpe ratio: Return per unit of total volatility	1.77	2.40	-0.63
Sortino ratio: Return per unit of downside risk	2.62	3.49	-0.87
Omega ratio: Gain probability vs. loss probability	1.32	1.42	-0.11
Calmar ratio: Return relative to maximum drawdown	3.15	4.19	-1.04
Martin ratio: Return relative to average drawdown	10.59	14.15	-3.56

AVMV vs. VFVA - Sharpe Ratio Comparison

The current AVMV Sharpe Ratio is 1.77, which is comparable to the VFVA Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of AVMV and VFVA, 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. VFVA - Drawdown Comparison

The maximum AVMV drawdown since its inception was -24.24%, smaller than the maximum VFVA drawdown of -48.58%. Use the drawdown chart below to compare losses from any high point for AVMV and VFVA.

Drawdown Indicators

	AVMV	VFVA	Difference
Max Drawdown Largest peak-to-trough decline	-24.24%	-48.58%	+24.34%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	-8.55%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.07%	—
Current Drawdown Current decline from peak	-0.68%	-1.29%	+0.61%
Average Drawdown Average peak-to-trough decline	-3.70%	-7.24%	+3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	2.52%	-0.26%

Volatility

AVMV vs. VFVA - Volatility Comparison

The current volatility for Avantis U.S. Mid Cap Value ETF (AVMV) is 2.38%, while Vanguard U.S. Value Factor ETF (VFVA) has a volatility of 4.31%. This indicates that AVMV experiences smaller price fluctuations and is considered to be less risky than VFVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMV	VFVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	4.31%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	10.12%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	14.96%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	20.05%	-2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	24.20%	-6.56%

AVMV vs. VFVA - Expense Ratio Comparison

AVMV has a 0.20% expense ratio, which is higher than VFVA's 0.13% 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

AVMV vs. VFVA - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.04%, less than VFVA's 1.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AVMV Avantis U.S. Mid Cap Value ETF	1.04%	1.20%	1.30%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%
VFVA Vanguard U.S. Value Factor ETF	1.77%	2.13%	2.40%	2.45%	2.21%	1.68%	2.04%	2.08%	1.65%

Frequently Asked Questions

Can I hold both AVMV and VFVA in my portfolio?

AVMV and VFVA have a correlation of 0.84, 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 VFVA?

VFVA has higher volatility (4.31%) compared to AVMV (2.38%). In terms of maximum drawdown, AVMV dropped -24.24% vs VFVA's -48.58%.

Which ETF is better, AVMV or VFVA?

On 1-year performance, VFVA leads with 37.96% vs 25.60% for AVMV. On fees, VFVA is cheaper at 0.13% 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 VFVA?

Over the 1-year period, VFVA has performed better with a 37.96% 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 VFVA?

VFVA is cheaper with a 0.13% expense ratio, compared with 0.20% for AVMV.

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

VFVA has the higher dividend yield at 1.77%, compared with 1.04% for AVMV.

What is the main difference between AVMV and VFVA?

They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.20% for AVMV and 0.13% for VFVA.

Which has better risk-adjusted returns?

VFVA currently has the higher Sharpe Ratio (2.40 vs 1.77), 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.