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AVRE vs. SPLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AVRESPLG
YTD Return12.50%19.06%
1Y Return23.34%26.60%
Sharpe Ratio1.582.19
Daily Std Dev16.03%12.66%
Max Drawdown-33.29%-54.50%
Current Drawdown-7.41%-0.51%

Correlation

-0.50.00.51.00.7

The correlation between AVRE and SPLG is 0.69, 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

In the year-to-date period, AVRE achieves a 12.50% return, which is significantly lower than SPLG's 19.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%AprilMayJuneJulyAugustSeptember
4.77%
36.72%
AVRE
SPLG

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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%.


AVRE
Avantis Real Estate ETF
Expense ratio chart for AVRE: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%
Expense ratio chart for SPLG: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.


AVRE
Sharpe ratio
The chart of Sharpe ratio for AVRE, currently valued at 1.58, compared to the broader market0.002.004.001.58
Sortino ratio
The chart of Sortino ratio for AVRE, currently valued at 2.27, compared to the broader market-2.000.002.004.006.008.0010.0012.002.27
Omega ratio
The chart of Omega ratio for AVRE, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for AVRE, currently valued at 0.76, compared to the broader market0.005.0010.0015.000.76
Martin ratio
The chart of Martin ratio for AVRE, currently valued at 5.31, compared to the broader market0.0020.0040.0060.0080.00100.005.31
SPLG
Sharpe ratio
The chart of Sharpe ratio for SPLG, currently valued at 2.19, compared to the broader market0.002.004.002.19
Sortino ratio
The chart of Sortino ratio for SPLG, currently valued at 2.94, compared to the broader market-2.000.002.004.006.008.0010.0012.002.94
Omega ratio
The chart of Omega ratio for SPLG, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for SPLG, currently valued at 2.39, compared to the broader market0.005.0010.0015.002.39
Martin ratio
The chart of Martin ratio for SPLG, currently valued at 10.55, compared to the broader market0.0020.0040.0060.0080.00100.0010.55

AVRE vs. SPLG - Sharpe Ratio Comparison

The current AVRE Sharpe Ratio is 1.58, which roughly equals the SPLG Sharpe Ratio of 2.19. The chart below compares the 12-month rolling Sharpe Ratio of AVRE and SPLG.


Rolling 12-month Sharpe Ratio0.001.002.003.00AprilMayJuneJulyAugustSeptember
1.58
2.19
AVRE
SPLG

Dividends

AVRE vs. SPLG - Dividend Comparison

AVRE's dividend yield for the trailing twelve months is around 3.17%, more than SPLG's 1.28% yield.


TTM20232022202120202019201820172016201520142013
AVRE
Avantis Real Estate ETF
3.17%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
1.28%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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-7.41%
-0.51%
AVRE
SPLG

Volatility

AVRE vs. SPLG - Volatility Comparison

The current volatility for Avantis Real Estate ETF (AVRE) is 2.92%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 4.23%. This indicates that AVRE experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
2.92%
4.23%
AVRE
SPLG