AVMV vs. VOO
Compare and contrast key facts about Avantis U.S. Mid Cap Value ETF (AVMV) and Vanguard S&P 500 ETF (VOO).
AVMV and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVMV is an actively managed fund by Avantis. It was launched on Nov 7, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVMV or VOO.
Key characteristics
| AVMV | VOO | |
|---|---|---|
| YTD Return | 24.02% | 26.88% |
| 1Y Return | 41.35% | 37.59% |
| Sharpe Ratio | 2.53 | 3.06 |
| Sortino Ratio | 3.56 | 4.08 |
| Omega Ratio | 1.45 | 1.58 |
| Calmar Ratio | 4.83 | 4.43 |
| Martin Ratio | 13.83 | 20.25 |
| Ulcer Index | 2.99% | 1.85% |
| Daily Std Dev | 16.35% | 12.23% |
| Max Drawdown | -8.56% | -33.99% |
| Current Drawdown | -0.85% | -0.30% |
Correlation
The correlation between AVMV and VOO is 0.70, 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. VOO - Performance Comparison
In the year-to-date period, AVMV achieves a 24.02% return, which is significantly lower than VOO's 26.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVMV vs. VOO - Expense Ratio Comparison
AVMV has a 0.20% expense ratio, which is higher than VOO's 0.03% 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%.
Risk-Adjusted Performance
AVMV vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Mid Cap Value ETF (AVMV) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
AVMV vs. VOO - Dividend Comparison
AVMV's dividend yield for the trailing twelve months is around 1.02%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVMV Avantis U.S. Mid Cap Value ETF | 1.02% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
AVMV vs. VOO - Drawdown Comparison
The maximum AVMV drawdown since its inception was -8.56%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for AVMV and VOO. For additional features, visit the drawdowns tool.
Volatility
AVMV vs. VOO - Volatility Comparison
Avantis U.S. Mid Cap Value ETF (AVMV) has a higher volatility of 5.97% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that AVMV's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.