AVSD vs. IDMO
Compare and contrast key facts about Avantis Responsible International Equity ETF (AVSD) and Invesco S&P International Developed Momentum ETF (IDMO).
AVSD and IDMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVSD is a passively managed fund by Avantis that tracks the performance of the MSCI World ex USA IMI. It was launched on Mar 15, 2022. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012. Both AVSD and IDMO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVSD or IDMO.
Key characteristics
| AVSD | IDMO | |
|---|---|---|
| YTD Return | 12.82% | 16.87% |
| 1Y Return | 27.11% | 30.89% |
| Sharpe Ratio | 1.95 | 1.84 |
| Sortino Ratio | 2.74 | 2.44 |
| Omega Ratio | 1.34 | 1.32 |
| Calmar Ratio | 2.03 | 2.58 |
| Martin Ratio | 12.76 | 10.99 |
| Ulcer Index | 2.02% | 2.68% |
| Daily Std Dev | 13.23% | 15.98% |
| Max Drawdown | -25.56% | -39.37% |
| Current Drawdown | -2.45% | -1.13% |
Correlation
The correlation between AVSD and IDMO is 0.89, 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
AVSD vs. IDMO - Performance Comparison
In the year-to-date period, AVSD achieves a 12.82% return, which is significantly lower than IDMO's 16.87% 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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AVSD vs. IDMO - Expense Ratio Comparison
AVSD has a 0.23% expense ratio, which is lower than IDMO's 0.25% expense ratio. Despite the difference, 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
AVSD vs. IDMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Responsible International Equity ETF (AVSD) and Invesco S&P International Developed Momentum ETF (IDMO). 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
AVSD vs. IDMO - Dividend Comparison
AVSD's dividend yield for the trailing twelve months is around 2.70%, more than IDMO's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVSD Avantis Responsible International Equity ETF | 2.70% | 2.53% | 1.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDMO Invesco S&P International Developed Momentum ETF | 2.23% | 2.89% | 3.66% | 1.81% | 1.63% | 2.10% | 3.27% | 3.08% | 2.18% | 2.52% | 2.19% | 1.70% |
Drawdowns
AVSD vs. IDMO - Drawdown Comparison
The maximum AVSD drawdown since its inception was -25.56%, smaller than the maximum IDMO drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for AVSD and IDMO. For additional features, visit the drawdowns tool.
Volatility
AVSD vs. IDMO - Volatility Comparison
The current volatility for Avantis Responsible International Equity ETF (AVSD) is 4.08%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 4.85%. This indicates that AVSD experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.