AVMV vs. VGT

Last updated Jun 4, 2026

AVMV (Avantis U.S. Mid Cap Value ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - AVMV is a Mid Cap Value Equities fund actively managed by Avantis, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. AVMV is actively managed, while VGT is passively managed. Over the past year, AVMV returned 25.32% vs 60.15% for VGT. A 0.54 correlation means they provide meaningful diversification when combined. AVMV charges 0.20%/yr vs 0.09%/yr for VGT.

Performance

AVMV vs. VGT - 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 Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVMV achieves a 11.76% return, which is significantly lower than VGT's 31.64% return.

AVMV

• 1D: -0.15%
• 1M: 1.85%
• YTD: 11.76%
• 6M: 12.65%
• 1Y: 25.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGT

• 1D: -1.48%
• 1M: 18.07%
• YTD: 31.64%
• 6M: 30.51%
• 1Y: 60.15%
• 3Y*: 33.48%
• 5Y*: 22.23%
• 10Y*: 25.78%

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

AVMV vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVMV Avantis U.S. Mid Cap Value ETF	11.76%	10.46%	18.43%	15.56%
VGT Vanguard Information Technology ETF	31.64%	21.77%	29.30%	11.65%

Correlation

The correlation between AVMV and VGT is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Nov 10, 2023	0.54

The correlation between AVMV and VGT has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.

AVMV vs. VGT - Sectors Allocation Comparison

Sectors	AVMV	VGT
Financial Services	23.6%	0.5%
Consumer Cyclical	18.0%	0.1%
Energy	14.7%	0.3%
Industrials	14.7%	0.4%
Consumer Defensive	8.3%	-
Technology	7.3%	98.5%
Healthcare	6.4%	0.0%
Basic Materials	3.8%	0.0%
Communication Services	1.7%	0.5%
Real Estate	1.0%	-
Utilities	0.5%	-

Return for Risk

AVMV vs. VGT — Risk / Return Rank

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

AVMV

AVMV Risk / Return Rank: 57
AVMV Sharpe Ratio Rank: 53
AVMV Sortino Ratio Rank: 55
AVMV Omega Ratio Rank: 51
AVMV Calmar Ratio Rank: 66
AVMV Martin Ratio Rank: 61

VGT

VGT Risk / Return Rank: 76
VGT Sharpe Ratio Rank: 87
VGT Sortino Ratio Rank: 79
VGT Omega Ratio Rank: 78
VGT Calmar Ratio Rank: 72
VGT Martin Ratio Rank: 64

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. VGT - 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 Information Technology ETF (VGT). 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	VGT	Difference
Sharpe ratio: Return per unit of total volatility	1.84	2.95	-1.11
Sortino ratio: Return per unit of downside risk	2.68	3.63	-0.95
Omega ratio: Gain probability vs. loss probability	1.32	1.47	-0.15
Calmar ratio: Return relative to maximum drawdown	3.34	3.69	-0.35
Martin ratio: Return relative to average drawdown	10.97	11.77	-0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVMV vs. VGT - Sharpe Ratio Comparison

The current AVMV Sharpe Ratio is 1.84, which is lower than the VGT Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of AVMV and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVMV	VGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	2.95	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	0.68	+0.59

Drawdowns

AVMV vs. VGT - Drawdown Comparison

The maximum AVMV drawdown since its inception was -24.24%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for AVMV and VGT.

Drawdown Indicators

	AVMV	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-24.24%	-54.63%	+30.39%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	-16.40%	+8.77%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	-0.15%	-1.48%	+1.33%
Average Drawdown Average peak-to-trough decline	-3.89%	-7.95%	+4.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	5.13%	-2.82%

Volatility

AVMV vs. VGT - Volatility Comparison

The current volatility for Avantis U.S. Mid Cap Value ETF (AVMV) is 3.11%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.39%. This indicates that AVMV experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVMV	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	6.39%	-3.28%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	16.07%	-6.60%
Volatility (1Y) Calculated over the trailing 1-year period	13.89%	20.57%	-6.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.97%	25.18%	-7.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.97%	24.60%	-6.63%

AVMV vs. VGT - Expense Ratio Comparison

AVMV has a 0.20% expense ratio, which is higher than VGT's 0.09% 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. VGT - Dividend Comparison

AVMV's dividend yield for the trailing twelve months is around 1.02%, more than VGT's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVMV Avantis U.S. Mid Cap Value ETF	1.02%	1.20%	1.30%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.31%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both AVMV and VGT in my portfolio?

AVMV and VGT have a correlation of 0.45, 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 VGT?

VGT has higher volatility (6.39%) compared to AVMV (3.11%). In terms of maximum drawdown, AVMV dropped -24.24% vs VGT's -54.63%.

Which ETF is better, AVMV or VGT?

On 1-year performance, VGT leads with 60.15% vs 25.32% for AVMV. On fees, VGT is cheaper at 0.09% per year. On volatility, AVMV has been the lower-risk option at 3.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVMV or VGT?

Over the 1-year period, VGT has performed better with a 60.15% return vs 25.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVMV or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.20% for AVMV.

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

AVMV has the higher dividend yield at 1.02%, compared with 0.31% for VGT.

What is the main difference between AVMV and VGT?

AVMV is categorized as Mid Cap Value Equities, while VGT is Technology Equities. They also come from different issuers: Avantis and Vanguard. Their fees differ too: 0.20% for AVMV and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.95 vs 1.84), 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.