AVTM vs. WRND

Last updated Jun 4, 2026

AVTM (Avantis Total Equity Markets ETF) and WRND (IQ Global Equity R&D Leaders ETF) are both Global Equities funds. AVTM is actively managed, while WRND is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. AVTM charges 0.22%/yr vs 0.18%/yr for WRND.

Performance

AVTM vs. WRND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Total Equity Markets ETF (AVTM) and IQ Global Equity R&D Leaders ETF (WRND). 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*: —

WRND

• 1D: -0.80%
• 1M: 5.16%
• YTD: 16.08%
• 6M: 16.09%
• 1Y: 39.52%
• 3Y*: 22.64%
• 5Y*: —
• 10Y*: —

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

AVTM vs. WRND - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	9.06%
WRND IQ Global Equity R&D Leaders ETF	10.46%

Correlation

The correlation between AVTM and WRND is 0.94, 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	0.94

AVTM vs. WRND - Sectors Allocation Comparison

Sectors	AVTM	WRND
Technology	31.0%	49.9%
Financial Services	16.6%	-
Industrials	11.9%	14.0%
Consumer Cyclical	11.0%	8.7%
Communication Services	10.2%	13.2%
Healthcare	6.4%	11.7%
Energy	4.2%	-
Consumer Defensive	4.2%	1.6%
Basic Materials	2.7%	1.0%
Utilities	1.8%	-
Real Estate	0.2%	-

Return for Risk

AVTM vs. WRND — Risk / Return Rank

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

WRND

WRND Risk / Return Rank: 69
WRND Sharpe Ratio Rank: 73
WRND Sortino Ratio Rank: 70
WRND Omega Ratio Rank: 67
WRND Calmar Ratio Rank: 65
WRND Martin Ratio Rank: 72

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. WRND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) and IQ Global Equity R&D Leaders ETF (WRND). 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	WRND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.81	+1.08

Drawdowns

AVTM vs. WRND - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum WRND drawdown of -27.16%. Use the drawdown chart below to compare losses from any high point for AVTM and WRND.

Drawdown Indicators

	AVTM	WRND	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-27.16%	+17.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.41%	—
Current Drawdown Current decline from peak	-0.65%	-0.80%	+0.15%
Average Drawdown Average peak-to-trough decline	-2.08%	-5.97%	+3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.93%	—

Volatility

Volatility by Period

	AVTM	WRND	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.88%	16.81%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	18.79%	-2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	18.79%	-2.91%

AVTM vs. WRND - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is higher than WRND's 0.18% 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. WRND - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.08%, less than WRND's 0.99% yield.

Position	TTM	2025	2024	2023	2022
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%
WRND IQ Global Equity R&D Leaders ETF	0.99%	1.29%	1.15%	2.06%	2.06%

Frequently Asked Questions

Can I hold both AVTM and WRND in my portfolio?

With a correlation of 0.94, AVTM and WRND 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 WRND?

On fees, WRND is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVTM or WRND?

WRND is cheaper with a 0.18% expense ratio, compared with 0.22% for AVTM.

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

WRND has the higher dividend yield at 0.99%, compared with 0.08% for AVTM.

What is the main difference between AVTM and WRND?

They also come from different issuers: Avantis and IndexIQ. Their fees differ too: 0.22% for AVTM and 0.18% for WRND.