GRPM vs. AVUV
Compare and contrast key facts about Invesco S&P MidCap 400® GARP ETF (GRPM) and Avantis U.S. Small Cap Value ETF (AVUV).
GRPM and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GRPM is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400® GARP Index. It was launched on Dec 3, 2010. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRPM or AVUV.
Key characteristics
| GRPM | AVUV | |
|---|---|---|
| YTD Return | 21.62% | 4.77% |
| 1Y Return | 43.58% | 35.96% |
| 3Y Return (Ann) | 9.88% | 8.46% |
| Sharpe Ratio | 2.38 | 1.71 |
| Daily Std Dev | 17.65% | 19.83% |
| Max Drawdown | -43.12% | -49.42% |
| Current Drawdown | -0.76% | 0.00% |
Correlation
The correlation between GRPM and AVUV is 0.94, 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.
Performance
GRPM vs. AVUV - Performance Comparison
In the year-to-date period, GRPM achieves a 21.62% return, which is significantly higher than AVUV's 4.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GRPM vs. AVUV - Expense Ratio Comparison
GRPM has a 0.35% expense ratio, which is higher than AVUV's 0.25% expense ratio.
Risk-Adjusted Performance
GRPM vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P MidCap 400® GARP ETF (GRPM) and Avantis U.S. Small Cap Value ETF (AVUV). 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.
Dividends
GRPM vs. AVUV - Dividend Comparison
GRPM's dividend yield for the trailing twelve months is around 0.77%, less than AVUV's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRPM Invesco S&P MidCap 400® GARP ETF | 0.77% | 0.96% | 1.28% | 0.92% | 1.16% | 1.25% | 1.50% | 1.14% | 1.00% | 1.43% | 1.28% | 1.80% |
AVUV Avantis U.S. Small Cap Value ETF | 1.57% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GRPM vs. AVUV - Drawdown Comparison
The maximum GRPM drawdown since its inception was -43.12%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for GRPM and AVUV. For additional features, visit the drawdowns tool.
Volatility
GRPM vs. AVUV - Volatility Comparison
Invesco S&P MidCap 400® GARP ETF (GRPM) and Avantis U.S. Small Cap Value ETF (AVUV) have volatilities of 4.62% and 4.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.