AVTM vs. AVGE

Last updated Jun 24, 2026

AVTM (Avantis Total Equity Markets ETF) and AVGE (Avantis All Equity Markets ETF) are both Global Equities funds from Avantis. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. AVTM charges 0.22%/yr vs 0.23%/yr for AVGE.

Performance

AVTM vs. AVGE - Performance Comparison

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

Returns By Period

AVTM

• 1D: -1.47%
• 1M: 0.51%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGE

• 1D: -1.67%
• 1M: 0.73%
• YTD: 14.80%
• 6M: 13.90%
• 1Y: 31.75%
• 3Y*: 21.09%
• 5Y*: —
• 10Y*: —

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

AVTM vs. AVGE - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	7.33%
AVGE Avantis All Equity Markets ETF	9.24%

Correlation

The correlation between AVTM and AVGE is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.93

AVTM vs. AVGE - Sectors Allocation Comparison

Sectors	AVTM	AVGE
Technology	33.8%	21.5%
Financial Services	15.7%	17.5%
Industrials	11.6%	13.4%
Consumer Cyclical	10.5%	11.8%
Communication Services	9.9%	6.7%
Healthcare	6.5%	5.8%
Consumer Defensive	3.8%	4.5%
Energy	3.7%	8.2%
Basic Materials	2.6%	5.2%
Utilities	1.6%	2.0%
Real Estate	0.2%	3.3%

Return for Risk

AVTM vs. AVGE — Risk / Return Rank

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

AVTM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AVGE

AVGE Risk / Return Rank: 79
AVGE Sharpe Ratio Rank: 80
AVGE Sortino Ratio Rank: 79
AVGE Omega Ratio Rank: 78
AVGE Calmar Ratio Rank: 75
AVGE Martin Ratio Rank: 81

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.

AVTM vs. AVGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) and Avantis All Equity Markets ETF (AVGE). 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.

	AVTM	AVGE	Difference
Sharpe ratio: Return per unit of total volatility	—	2.43	—
Sortino ratio: Return per unit of downside risk	—	3.32	—
Omega ratio: Gain probability vs. loss probability	—	1.44	—
Calmar ratio: Return relative to maximum drawdown	—	3.71	—
Martin ratio: Return relative to average drawdown	—	15.65	—

Drawdowns

AVTM vs. AVGE - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum AVGE drawdown of -17.13%. Use the drawdown chart below to compare losses from any high point for AVTM and AVGE.

Drawdown Indicators

	AVTM	AVGE	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-17.13%	+7.92%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.60%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.13%	—
Current Drawdown Current decline from peak	-2.34%	-1.94%	-0.40%
Average Drawdown Average peak-to-trough decline	-2.01%	-2.40%	+0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.03%	—

Volatility

Volatility by Period

	AVTM	AVGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	13.15%	+3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.50%	15.28%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	15.28%	+1.22%

AVTM vs. AVGE - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is lower than AVGE's 0.23% 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%.

Dividends

AVTM vs. AVGE - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.28%, less than AVGE's 2.14% yield.

Position	TTM	2025	2024	2023	2022
AVGE Avantis All Equity Markets ETF	2.14%	1.67%	1.92%	1.93%	0.74%
AVTM Avantis Total Equity Markets ETF	0.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVTM and AVGE in my portfolio?

With a correlation of 0.93, AVTM and AVGE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AVTM or AVGE?

On fees, AVTM is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVTM or AVGE?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.23% for AVGE.

Which ETF pays a higher dividend yield, AVTM or AVGE?

AVGE has the higher dividend yield at 2.14%, compared with 0.28% for AVTM.

What is the main difference between AVTM and AVGE?

Their fees differ too: 0.22% for AVTM and 0.23% for AVGE.