BMVP vs. AVMC

Last updated Aug 6, 2026

BMVP (Invesco Bloomberg MVP Multi-factor ETF) and AVMC (Avantis U.S. Mid Cap Equity ETF) are both Mid Cap Blend Equities funds. BMVP is passively managed, while AVMC is actively managed. Over the past year, BMVP returned 14.21% vs 22.00% for AVMC. Their correlation of 0.80 means they have usually moved in the same direction. BMVP charges 0.29%/yr vs 0.20%/yr for AVMC.

Performance

BMVP vs. AVMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Bloomberg MVP Multi-factor ETF (BMVP) and Avantis U.S. Mid Cap Equity ETF (AVMC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMVP achieves a 11.70% return, which is significantly lower than AVMC's 15.24% return.

BMVP

• 1D: -0.45%
• 1M: 4.17%
• 6M: 4.62%
• YTD: 11.70%
• 1Y: 14.21%
• 3Y*: 13.68%
• 5Y*: 7.33%
• 10Y*: 9.65%
• ALL TIME*: 3.00%

AVMC

• 1D: -0.47%
• 1M: 1.27%
• 6M: 9.01%
• YTD: 15.24%
• 1Y: 22.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.08%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVMC Avantis U.S. Mid Cap Equity ETF	$1.81M	$1.78M	$2.10M
BMVP Invesco Bloomberg MVP Multi-factor ETF	$45.66K	$65.59K	$59.39K

BMVP vs. AVMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BMVP Invesco Bloomberg MVP Multi-factor ETF	11.70%	6.15%	17.46%	11.26%
AVMC Avantis U.S. Mid Cap Equity ETF	15.24%	9.98%	16.84%	14.02%

Correlation

The correlation between BMVP and AVMC is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.80

The correlation between BMVP and AVMC shifts across timeframes, from 0.70 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.

BMVP vs. AVMC - Sectors Allocation Comparison

Sectors	BMVP	AVMC
Industrials	17.3%	18.6%
Financial Services	16.9%	16.1%
Technology	16.4%	15.3%
Consumer Cyclical	11.1%	10.6%
Healthcare	9.8%	11.2%
Communication Services	6.6%	1.8%
Real Estate	5.4%	0.5%
Utilities	5.4%	6.3%
Energy	4.9%	6.9%
Consumer Defensive	4.8%	6.5%
Basic Materials	1.5%	6.1%

Return for Risk

BMVP vs. AVMC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BMVP

BMVP Risk / Return Rank: 51
BMVP Sharpe Ratio Rank: 51
BMVP Sortino Ratio Rank: 54
BMVP Omega Ratio Rank: 48
BMVP Calmar Ratio Rank: 54
BMVP Martin Ratio Rank: 50

AVMC

AVMC Risk / Return Rank: 64
AVMC Sharpe Ratio Rank: 59
AVMC Sortino Ratio Rank: 62
AVMC Omega Ratio Rank: 57
AVMC Calmar Ratio Rank: 71
AVMC Martin Ratio Rank: 74

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BMVP vs. AVMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg MVP Multi-factor ETF (BMVP) and Avantis U.S. Mid Cap Equity ETF (AVMC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BMVP	AVMC	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.61	-0.18
Sortino ratio: Return per unit of downside risk	2.14	2.36	-0.21
Omega ratio: Gain probability vs. loss probability	1.25	1.29	-0.04
Calmar ratio: Return relative to maximum drawdown	2.21	2.80	-0.59
Martin ratio: Return relative to average drawdown	6.61	10.57	-3.96

BMVP vs. AVMC - Sharpe Ratio Comparison

The current BMVP Sharpe Ratio is 1.43, which is comparable to the AVMC Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of BMVP and AVMC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BMVP vs. AVMC - Drawdown Comparison

The maximum BMVP drawdown since its inception was -78.13%, which is greater than AVMC's maximum drawdown of -21.84%. Use the drawdown chart below to compare losses from any high point for BMVP and AVMC.

Drawdown Indicators

	BMVP	AVMC	Difference
Max Drawdown Largest peak-to-trough decline	-78.13%	-21.84%	-56.29%
Max Drawdown (1Y) Largest decline over 1 year	-6.45%	-7.90%	+1.45%
Max Drawdown (3Y) Largest decline over 3 years	-15.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.45%	—	—
Current Drawdown Current decline from peak	-0.45%	-0.47%	+0.02%
Average Drawdown Average peak-to-trough decline	-35.95%	-3.07%	-32.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	2.09%	+0.07%

Volatility

BMVP vs. AVMC - Volatility Comparison

Invesco Bloomberg MVP Multi-factor ETF (BMVP) has a higher volatility of 3.48% compared to Avantis U.S. Mid Cap Equity ETF (AVMC) at 3.13%. This indicates that BMVP's price experiences larger fluctuations and is considered to be riskier than AVMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BMVP	AVMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	3.13%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	7.40%	10.11%	-2.71%
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	13.75%	-3.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.90%	16.71%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.74%	16.71%	+2.03%

BMVP vs. AVMC - Expense Ratio Comparison

BMVP has a 0.29% expense ratio, which is higher than AVMC's 0.20% expense ratio.

Dividends

BMVP vs. AVMC - Dividend Comparison

BMVP's dividend yield for the trailing twelve months is around 1.70%, more than AVMC's 0.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVMC Avantis U.S. Mid Cap Equity ETF	0.93%	1.12%	1.02%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BMVP Invesco Bloomberg MVP Multi-factor ETF	1.70%	1.77%	1.58%	1.67%	1.51%	0.56%	1.09%	0.95%	1.44%	1.75%	1.35%	1.02%

Frequently Asked Questions

Can I hold both BMVP and AVMC in my portfolio?

BMVP and AVMC have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BMVP or AVMC?

BMVP has higher volatility (3.48%) compared to AVMC (3.13%). In terms of maximum drawdown, BMVP dropped -78.13% vs AVMC's -21.84%.

Which ETF is better, BMVP or AVMC?

On 1-year performance, AVMC leads with 22.00% vs 14.21% for BMVP. On fees, AVMC is cheaper at 0.20% per year. On volatility, AVMC has been the lower-risk option at 3.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BMVP or AVMC?

Over the 1-year period, AVMC has performed better with a 22.00% return vs 14.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BMVP or AVMC?

AVMC is cheaper with a 0.20% expense ratio, compared with 0.29% for BMVP.

Which ETF pays a higher dividend yield, BMVP or AVMC?

BMVP has the higher dividend yield at 1.70%, compared with 0.93% for AVMC.

What is the main difference between BMVP and AVMC?

They also come from different issuers: Invesco and Avantis. Their fees differ too: 0.29% for BMVP and 0.20% for AVMC.

Which has better risk-adjusted returns?

AVMC currently has the higher Sharpe Ratio (1.61 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.