AVTM vs. GSWO

Last updated Jun 4, 2026

AVTM (Avantis Total Equity Markets ETF) and GSWO (Goldman Sachs ActiveBeta World Equity ETF) are both Global Equities funds. AVTM is actively managed, while GSWO is passively managed. With a 0.96 correlation, they move nearly in lockstep. AVTM charges 0.22%/yr vs 0.25%/yr for GSWO.

Performance

AVTM vs. GSWO - Performance Comparison

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

Returns By Period

AVTM

• 1D: -0.65%
• 1M: 5.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSWO

• 1D: -0.71%
• 1M: 4.81%
• YTD: 11.00%
• 6M: 11.56%
• 1Y: 20.17%
• 3Y*: 18.70%
• 5Y*: —
• 10Y*: —

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

AVTM vs. GSWO - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	9.06%
GSWO Goldman Sachs ActiveBeta World Equity ETF	8.23%

Correlation

The correlation between AVTM and GSWO is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.96

Return for Risk

AVTM vs. GSWO — Risk / Return Rank

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

GSWO

GSWO Risk / Return Rank: 56
GSWO Sharpe Ratio Rank: 55
GSWO Sortino Ratio Rank: 59
GSWO Omega Ratio Rank: 56
GSWO Calmar Ratio Rank: 46
GSWO Martin Ratio Rank: 61

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. GSWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) and Goldman Sachs ActiveBeta World Equity ETF (GSWO). 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.

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

Sharpe Ratios by Period

	AVTM	GSWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.99	+0.89

Drawdowns

AVTM vs. GSWO - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum GSWO drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for AVTM and GSWO.

Drawdown Indicators

	AVTM	GSWO	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-17.77%	+8.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.97%	—
Current Drawdown Current decline from peak	-0.65%	-0.71%	+0.06%
Average Drawdown Average peak-to-trough decline	-2.08%	-3.25%	+1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	AVTM	GSWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.88%	10.75%	+5.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	12.96%	+2.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	12.96%	+2.92%

AVTM vs. GSWO - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is lower than GSWO'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%.

Dividends

AVTM vs. GSWO - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.08%, less than GSWO's 1.61% yield.

Position	TTM	2025	2024	2023	2022
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.61%	1.74%	1.75%	2.06%	1.73%

Frequently Asked Questions

Can I hold both AVTM and GSWO in my portfolio?

With a correlation of 0.96, AVTM and GSWO 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 GSWO?

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 GSWO?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.25% for GSWO.

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

GSWO has the higher dividend yield at 1.61%, compared with 0.08% for AVTM.

What is the main difference between AVTM and GSWO?

They also come from different issuers: Avantis and Goldman Sachs. Their fees differ too: 0.22% for AVTM and 0.25% for GSWO.