AVNM vs. QTUM

Last updated Jun 18, 2026

AVNM (Avantis All International Markets Equity ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - AVNM is a Foreign Large Cap Equities fund actively managed by Avantis, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. AVNM is actively managed, while QTUM is passively managed. Over the past year, AVNM returned 35.12% vs 85.99% for QTUM. A 0.69 correlation means they provide meaningful diversification when combined. AVNM charges 0.31%/yr vs 0.40%/yr for QTUM.

Performance

AVNM vs. QTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis All International Markets Equity ETF (AVNM) and Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVNM achieves a 14.94% return, which is significantly lower than QTUM's 48.44% return.

AVNM

• 1D: -0.65%
• 1M: 2.62%
• YTD: 14.94%
• 6M: 17.92%
• 1Y: 35.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTUM

• 1D: 0.10%
• 1M: 14.43%
• YTD: 48.44%
• 6M: 52.53%
• 1Y: 85.99%
• 3Y*: 48.81%
• 5Y*: 28.78%
• 10Y*: —

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

AVNM vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVNM Avantis All International Markets Equity ETF	14.94%	38.30%	5.52%	8.60%
QTUM Defiance Quantum ETF	48.44%	36.65%	50.54%	9.38%

Correlation

The correlation between AVNM and QTUM is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.69

The correlation between AVNM and QTUM has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.

AVNM vs. QTUM - Sectors Allocation Comparison

Sectors	AVNM	QTUM
Financial Services	22.5%	0.0%
Industrials	17.1%	8.7%
Technology	15.0%	83.6%
Basic Materials	11.4%	-
Consumer Cyclical	9.9%	0.7%
Energy	7.7%	-
Communication Services	4.4%	4.8%
Healthcare	4.2%	0.6%
Consumer Defensive	3.7%	-
Utilities	2.6%	-
Real Estate	1.5%	-

Return for Risk

AVNM vs. QTUM — Risk / Return Rank

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

AVNM

AVNM Risk / Return Rank: 72
AVNM Sharpe Ratio Rank: 76
AVNM Sortino Ratio Rank: 72
AVNM Omega Ratio Rank: 76
AVNM Calmar Ratio Rank: 65
AVNM Martin Ratio Rank: 68

QTUM

QTUM Risk / Return Rank: 89
QTUM Sharpe Ratio Rank: 93
QTUM Sortino Ratio Rank: 85
QTUM Omega Ratio Rank: 85
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 92

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.

AVNM vs. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis All International Markets Equity ETF (AVNM) and Defiance Quantum ETF (QTUM). 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.

	AVNM	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	2.25	3.01	-0.76
Sortino ratio: Return per unit of downside risk	2.99	3.50	-0.51
Omega ratio: Gain probability vs. loss probability	1.41	1.47	-0.06
Calmar ratio: Return relative to maximum drawdown	3.04	5.67	-2.62
Martin ratio: Return relative to average drawdown	11.71	20.44	-8.73

AVNM vs. QTUM - Sharpe Ratio Comparison

The current AVNM Sharpe Ratio is 2.25, which is comparable to the QTUM Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of AVNM and QTUM, 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

AVNM vs. QTUM - Drawdown Comparison

The maximum AVNM drawdown since its inception was -14.03%, smaller than the maximum QTUM drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for AVNM and QTUM.

Drawdown Indicators

	AVNM	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-38.45%	+24.42%
Max Drawdown (1Y) Largest decline over 1 year	-11.59%	-15.26%	+3.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-1.03%	-3.74%	+2.71%
Average Drawdown Average peak-to-trough decline	-2.54%	-8.24%	+5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	4.22%	-1.21%

Volatility

AVNM vs. QTUM - Volatility Comparison

The current volatility for Avantis All International Markets Equity ETF (AVNM) is 6.55%, while Defiance Quantum ETF (QTUM) has a volatility of 14.64%. This indicates that AVNM experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNM	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	14.64%	-8.09%
Volatility (6M) Calculated over the trailing 6-month period	13.73%	23.47%	-9.74%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	28.78%	-13.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.11%	27.10%	-11.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.11%	27.45%	-12.34%

AVNM vs. QTUM - Expense Ratio Comparison

AVNM has a 0.31% expense ratio, which is lower than QTUM's 0.40% expense ratio.

Dividends

AVNM vs. QTUM - Dividend Comparison

AVNM's dividend yield for the trailing twelve months is around 3.54%, more than QTUM's 0.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AVNM Avantis All International Markets Equity ETF	3.54%	2.76%	3.51%	1.69%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.72%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both AVNM and QTUM in my portfolio?

AVNM and QTUM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVNM or QTUM?

QTUM has higher volatility (14.64%) compared to AVNM (6.55%). In terms of maximum drawdown, AVNM dropped -14.03% vs QTUM's -38.45%.

Which ETF is better, AVNM or QTUM?

On 1-year performance, QTUM leads with 85.99% vs 35.12% for AVNM. On fees, AVNM is cheaper at 0.31% per year. On volatility, AVNM has been the lower-risk option at 6.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVNM or QTUM?

Over the 1-year period, QTUM has performed better with a 85.99% return vs 35.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVNM or QTUM?

AVNM is cheaper with a 0.31% expense ratio, compared with 0.40% for QTUM.

Which ETF pays a higher dividend yield, AVNM or QTUM?

AVNM has the higher dividend yield at 3.54%, compared with 0.72% for QTUM.

What is the main difference between AVNM and QTUM?

AVNM is categorized as Foreign Large Cap Equities, while QTUM is Technology Equities. They also come from different issuers: Avantis and Defiance. Their fees differ too: 0.31% for AVNM and 0.40% for QTUM.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (3.01 vs 2.25), 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.