AVTM vs. HERD

Last updated Jun 4, 2026

AVTM (Avantis Total Equity Markets ETF) and HERD (Pacer Cash Cows Fund of Funds ETF) are both Global Equities funds. AVTM is actively managed, while HERD is passively managed. Their correlation of 0.80 suggests significant overlap in exposure. AVTM charges 0.22%/yr vs 0.73%/yr for HERD.

Performance

AVTM vs. HERD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Total Equity Markets ETF (AVTM) and Pacer Cash Cows Fund of Funds ETF (HERD). 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*: —

HERD

• 1D: -0.52%
• 1M: 3.45%
• YTD: 12.05%
• 6M: 12.85%
• 1Y: 29.32%
• 3Y*: 17.33%
• 5Y*: 9.95%
• 10Y*: —

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

AVTM vs. HERD - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	9.06%
HERD Pacer Cash Cows Fund of Funds ETF	7.19%

Correlation

The correlation between AVTM and HERD is 0.80, 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 3, 2026	0.80

AVTM vs. HERD - Sectors Allocation Comparison

Sectors	AVTM	HERD
Technology	31.0%	18.0%
Financial Services	16.6%	0.0%
Industrials	11.9%	13.4%
Consumer Cyclical	11.0%	15.6%
Communication Services	10.2%	8.3%
Healthcare	6.4%	14.7%
Energy	4.2%	15.9%
Consumer Defensive	4.2%	8.2%
Basic Materials	2.7%	4.7%
Utilities	1.8%	0.8%
Real Estate	0.2%	0.3%

Return for Risk

AVTM vs. HERD — Risk / Return Rank

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

HERD

HERD Risk / Return Rank: 81
HERD Sharpe Ratio Rank: 78
HERD Sortino Ratio Rank: 79
HERD Omega Ratio Rank: 75
HERD Calmar Ratio Rank: 88
HERD Martin Ratio Rank: 85

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. HERD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) and Pacer Cash Cows Fund of Funds ETF (HERD). 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	HERD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.54	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.63	+1.25

Drawdowns

AVTM vs. HERD - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum HERD drawdown of -39.41%. Use the drawdown chart below to compare losses from any high point for AVTM and HERD.

Drawdown Indicators

	AVTM	HERD	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-39.41%	+30.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.60%	—
Current Drawdown Current decline from peak	-0.65%	-0.67%	+0.02%
Average Drawdown Average peak-to-trough decline	-2.08%	-4.55%	+2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.66%	—

Volatility

Volatility by Period

	AVTM	HERD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.88%	11.62%	+4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	17.76%	-1.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	20.50%	-4.62%

AVTM vs. HERD - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is lower than HERD's 0.73% expense ratio.

Dividends

AVTM vs. HERD - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.08%, less than HERD's 3.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HERD Pacer Cash Cows Fund of Funds ETF	3.13%	3.75%	2.43%	2.54%	2.50%	2.02%	1.95%	1.69%

Frequently Asked Questions

Can I hold both AVTM and HERD in my portfolio?

AVTM and HERD have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVTM or HERD?

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 HERD?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.73% for HERD.

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

HERD has the higher dividend yield at 3.13%, compared with 0.08% for AVTM.

What is the main difference between AVTM and HERD?

They also come from different issuers: Avantis and Pacer. Their fees differ too: 0.22% for AVTM and 0.73% for HERD.