AVTM vs. SPGM

Last updated Jun 4, 2026

AVTM (Avantis Total Equity Markets ETF) and SPGM (SPDR Portfolio MSCI Global Stock Market ETF) are both Global Equities funds. AVTM is actively managed, while SPGM is passively managed. Their correlation of 0.95 suggests significant overlap in exposure. AVTM charges 0.22%/yr vs 0.09%/yr for SPGM.

Performance

AVTM vs. SPGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Total Equity Markets ETF (AVTM) and SPDR Portfolio MSCI Global Stock Market ETF (SPGM). 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*: —

SPGM

• 1D: -0.87%
• 1M: 4.94%
• YTD: 12.88%
• 6M: 13.62%
• 1Y: 31.70%
• 3Y*: 21.46%
• 5Y*: 11.48%
• 10Y*: 12.95%

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

AVTM vs. SPGM - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	9.06%
SPGM SPDR Portfolio MSCI Global Stock Market ETF	8.75%

Correlation

The correlation between AVTM and SPGM is 0.95, 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	0.95

AVTM vs. SPGM - Sectors Allocation Comparison

Sectors	AVTM	SPGM
Technology	31.0%	27.4%
Financial Services	16.6%	16.4%
Industrials	11.9%	13.1%
Consumer Cyclical	11.0%	9.2%
Communication Services	10.2%	8.5%
Healthcare	6.4%	8.2%
Energy	4.2%	4.5%
Consumer Defensive	4.2%	4.8%
Basic Materials	2.7%	3.9%
Utilities	1.8%	2.2%
Real Estate	0.2%	1.9%

Return for Risk

AVTM vs. SPGM — Risk / Return Rank

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

SPGM

SPGM Risk / Return Rank: 73
SPGM Sharpe Ratio Rank: 74
SPGM Sortino Ratio Rank: 73
SPGM Omega Ratio Rank: 74
SPGM Calmar Ratio Rank: 66
SPGM Martin Ratio Rank: 77

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. SPGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) and SPDR Portfolio MSCI Global Stock Market ETF (SPGM). 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	SPGM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.66	+1.23

Drawdowns

AVTM vs. SPGM - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum SPGM drawdown of -33.97%. Use the drawdown chart below to compare losses from any high point for AVTM and SPGM.

Drawdown Indicators

	AVTM	SPGM	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-33.97%	+24.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.97%	—
Current Drawdown Current decline from peak	-0.65%	-0.87%	+0.22%
Average Drawdown Average peak-to-trough decline	-2.08%	-4.81%	+2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.10%	—

Volatility

Volatility by Period

	AVTM	SPGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.88%	12.88%	+3.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	16.03%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	17.57%	-1.69%

AVTM vs. SPGM - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is higher than SPGM's 0.09% expense ratio. However, 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. SPGM - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.08%, less than SPGM's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPGM SPDR Portfolio MSCI Global Stock Market ETF	1.79%	1.89%	1.98%	2.09%	2.37%	1.94%	1.45%	2.46%	1.89%	2.29%	1.87%	3.70%

Frequently Asked Questions

Can I hold both AVTM and SPGM in my portfolio?

With a correlation of 0.95, AVTM and SPGM 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 SPGM?

On fees, SPGM is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVTM or SPGM?

SPGM is cheaper with a 0.09% expense ratio, compared with 0.22% for AVTM.

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

SPGM has the higher dividend yield at 1.79%, compared with 0.08% for AVTM.

What is the main difference between AVTM and SPGM?

They also come from different issuers: Avantis and State Street. Their fees differ too: 0.22% for AVTM and 0.09% for SPGM.