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HASI vs. AVNM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HASI vs. AVNM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) and Avantis All International Markets Equity ETF (AVNM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HASI achieves a 23.22% return, which is significantly higher than AVNM's 12.95% return.


HASI

1D
-0.24%
1M
-1.02%
6M
12.55%
YTD
23.22%
1Y
54.79%
3Y*
21.66%
5Y*
-2.93%
10Y*
11.04%
ALL TIME*
15.22%

AVNM

1D
-0.47%
1M
0.05%
6M
6.36%
YTD
12.95%
1Y
29.39%
3Y*
19.54%
5Y*
10Y*
ALL TIME*
20.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$4.01M$4.95M$4.55M
$33.16M$30.49M$40.30M

HASI vs. AVNM - Yearly Performance Comparison


2026 (YTD)202520242023
HASI
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
23.22%23.95%3.02%18.13%
AVNM
Avantis All International Markets Equity ETF
12.95%38.30%5.52%8.60%

Correlation

The correlation between HASI and AVNM is 0.49, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.49

Correlation (3Y)
Balances recent behavior with more history.

0.47

Correlation (All Time)
Calculated using the full available price history since Jun 29, 2023

0.48

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Return for Risk

HASI vs. AVNM — Risk / Return Rank

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

HASI
HASI Risk / Return Rank: 8888
Overall Rank
HASI Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
HASI Sortino Ratio Rank: 9090
Sortino Ratio Rank
HASI Omega Ratio Rank: 8787
Omega Ratio Rank
HASI Calmar Ratio Rank: 8989
Calmar Ratio Rank
HASI Martin Ratio Rank: 8888
Martin Ratio Rank

AVNM
AVNM Risk / Return Rank: 7676
Overall Rank
AVNM Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
AVNM Sortino Ratio Rank: 7676
Sortino Ratio Rank
AVNM Omega Ratio Rank: 7979
Omega Ratio Rank
AVNM Calmar Ratio Rank: 7373
Calmar Ratio Rank
AVNM Martin Ratio Rank: 7575
Martin Ratio Rank
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.

HASI vs. AVNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) and Avantis All International Markets Equity ETF (AVNM). 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.


HASIAVNMDifference
Sharpe ratioReturn per unit of total volatility

-0.05

Sortino ratioReturn per unit of downside risk

+0.30

Omega ratioGain probability vs. loss probability

1.32

1.33

-0.01

Calmar ratioReturn relative to maximum drawdown

3.33

2.53

+0.81

Martin ratioReturn relative to average drawdown

8.54

9.26

-0.73

HASI vs. AVNM - Sharpe Ratio Comparison

The current HASI Sharpe Ratio is 1.74, which is comparable to the AVNM Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of HASI and AVNM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HASI vs. AVNM - Drawdown Comparison

The maximum HASI drawdown since its inception was -76.94%, which is greater than AVNM's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for HASI and AVNM.


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Drawdown Indicators


HASIAVNMDifference

Max Drawdown

Largest peak-to-trough decline

-76.94%

-14.03%

-62.91%

Max Drawdown (1Y)

Largest decline over 1 year

-16.02%

-11.59%

-4.43%

Max Drawdown (3Y)

Largest decline over 3 years

-41.41%

-14.03%

-27.38%

Max Drawdown (5Y)

Largest decline over 5 years

-75.24%

Max Drawdown (10Y)

Largest decline over 10 years

-76.94%

Current Drawdown

Current decline from peak

-29.32%

-2.73%

-26.59%

Average Drawdown

Average peak-to-trough decline

-22.81%

-2.56%

-20.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.25%

3.15%

+3.10%

Volatility

HASI vs. AVNM - Volatility Comparison

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) has a higher volatility of 5.43% compared to Avantis All International Markets Equity ETF (AVNM) at 5.11%. This indicates that HASI's price experiences larger fluctuations and is considered to be riskier than AVNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HASIAVNMDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.43%

5.11%

+0.32%

Volatility (6M)

Calculated over the trailing 6-month period

20.41%

14.61%

+5.80%

Volatility (1Y)

Calculated over the trailing 1-year period

30.85%

16.40%

+14.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46.99%

15.21%

+31.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.22%

15.21%

+27.01%

Dividends

HASI vs. AVNM - Dividend Comparison

HASI's dividend yield for the trailing twelve months is around 4.46%, more than AVNM's 2.36% yield.


PositionTTM20252024202320222021202020192018201720162015
AVNM
Avantis All International Markets Equity ETF
2.36%2.76%3.51%1.69%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HASI
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
4.46%5.35%6.19%5.73%5.18%2.64%2.14%4.16%6.93%5.49%6.48%5.71%

Frequently Asked Questions


HASI and AVNM have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HASI has higher volatility (5.43%) compared to AVNM (5.11%). In terms of maximum drawdown, HASI dropped -76.94% vs AVNM's -14.03%.

AVNM currently has the higher Sharpe Ratio (1.79 vs 1.74), 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.

Portfolio Optimizer

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