AVTM vs. GSWO

Last updated Apr 1, 2026

Compare and contrast key facts about Avantis Total Equity Markets ETF (AVTM) and Goldman Sachs ActiveBeta World Equity ETF (GSWO).

AVTM and GSWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVTM is an actively managed fund by Avantis. It was launched on Jan 30, 2026. GSWO is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net. It was launched on Mar 15, 2022.

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.

AVTM vs. GSWO - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	-5.74%
GSWO Goldman Sachs ActiveBeta World Equity ETF	-4.61%

Returns By Period

AVTM

• 1D: 2.99%
• 1M: -5.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSWO

• 1D: 2.87%
• 1M: -5.76%
• YTD: -2.17%
• 6M: -0.46%
• 1Y: 11.32%
• 3Y*: 14.53%
• 5Y*: —
• 10Y*: —

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

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%.

GSWO

Goldman Sachs ActiveBeta World Equity ETF

AVTM

Avantis Total Equity Markets ETF

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: 48
GSWO Sharpe Ratio Rank: 45
GSWO Sortino Ratio Rank: 44
GSWO Omega Ratio Rank: 47
GSWO Calmar Ratio Rank: 48
GSWO Martin Ratio Rank: 56

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	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.71	0.77	-2.47

Correlation

The correlation between AVTM and GSWO is 0.96, 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.

Dividends

AVTM vs. GSWO - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.09%, less than GSWO's 1.83% yield.

	TTM	2025	2024	2023	2022
AVTM Avantis Total Equity Markets ETF	0.09%	0.00%	0.00%	0.00%	0.00%
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.83%	1.74%	1.75%	2.06%	1.73%

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	—	-9.50%	—
Current Drawdown Current decline from peak	-6.49%	-6.31%	-0.18%
Average Drawdown Average peak-to-trough decline	-3.31%	-3.35%	+0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.10%	—

Volatility

Volatility by Period

	AVTM	GSWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	13.60%	+4.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	12.98%	+5.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	12.98%	+5.48%