AVRE vs. SPLG
Compare and contrast key facts about Avantis Real Estate ETF (AVRE) and SPDR Portfolio S&P 500 ETF (SPLG).
AVRE and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVRE is an actively managed fund by Avantis. It was launched on Sep 29, 2021. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVRE or SPLG.
Correlation
The correlation between AVRE and SPLG is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AVRE vs. SPLG - Performance Comparison
Key characteristics
AVRE:
-0.09
SPLG:
2.04
AVRE:
-0.03
SPLG:
2.72
AVRE:
1.00
SPLG:
1.38
AVRE:
-0.05
SPLG:
3.02
AVRE:
-0.28
SPLG:
13.51
AVRE:
4.71%
SPLG:
1.88%
AVRE:
13.96%
SPLG:
12.47%
AVRE:
-33.29%
SPLG:
-54.50%
AVRE:
-19.75%
SPLG:
-3.57%
Returns By Period
In the year-to-date period, AVRE achieves a -2.49% return, which is significantly lower than SPLG's 24.63% return.
AVRE
-2.49%
-8.54%
1.10%
-0.33%
N/A
N/A
SPLG
24.63%
-0.30%
7.63%
24.72%
14.60%
13.08%
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AVRE vs. SPLG - Expense Ratio Comparison
AVRE has a 0.17% expense ratio, which is higher than SPLG'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
AVRE vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Real Estate ETF (AVRE) and SPDR Portfolio S&P 500 ETF (SPLG). 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
AVRE vs. SPLG - Dividend Comparison
AVRE's dividend yield for the trailing twelve months is around 3.11%, more than SPLG's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVRE Avantis Real Estate ETF | 3.11% | 3.33% | 2.57% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 0.93% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
AVRE vs. SPLG - Drawdown Comparison
The maximum AVRE drawdown since its inception was -33.29%, smaller than the maximum SPLG drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for AVRE and SPLG. For additional features, visit the drawdowns tool.
Volatility
AVRE vs. SPLG - Volatility Comparison
Avantis Real Estate ETF (AVRE) has a higher volatility of 4.42% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.63%. This indicates that AVRE's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.