IDMO vs. AVDS

Last updated Jun 21, 2026

IDMO (Invesco S&P International Developed Momentum ETF) and AVDS (Avantis International Small Cap Equity ETF) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while AVDS is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. IDMO is passively managed, while AVDS is actively managed. Over the past year, IDMO returned 28.80% vs 31.77% for AVDS. Their correlation of 0.83 suggests significant overlap in exposure. IDMO charges 0.25%/yr vs 0.30%/yr for AVDS.

Performance

IDMO vs. AVDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P International Developed Momentum ETF (IDMO) and Avantis International Small Cap Equity ETF (AVDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with IDMO having a 11.21% return and AVDS slightly higher at 11.31%.

IDMO

• 1D: 0.87%
• 1M: 2.67%
• YTD: 11.21%
• 6M: 11.38%
• 1Y: 28.80%
• 3Y*: 25.90%
• 5Y*: 16.36%
• 10Y*: 12.80%

AVDS

• 1D: 0.20%
• 1M: -0.72%
• YTD: 11.31%
• 6M: 12.52%
• 1Y: 31.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDMO vs. AVDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IDMO Invesco S&P International Developed Momentum ETF	11.21%	42.17%	12.79%	11.41%
AVDS Avantis International Small Cap Equity ETF	11.31%	38.18%	3.20%	3.58%

Correlation

The correlation between IDMO and AVDS is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jul 20, 2023	0.83

The correlation between IDMO and AVDS has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

IDMO vs. AVDS - Sectors Allocation Comparison

Sectors	IDMO	AVDS
Financial Services	43.2%	12.5%
Industrials	21.3%	22.4%
Basic Materials	10.6%	16.1%
Utilities	7.9%	3.1%
Technology	6.2%	10.1%
Consumer Defensive	2.5%	5.5%
Communication Services	2.1%	3.1%
Real Estate	1.8%	3.4%
Energy	1.7%	5.6%
Consumer Cyclical	1.5%	13.4%
Healthcare	1.1%	4.7%

Return for Risk

IDMO vs. AVDS — Risk / Return Rank

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

IDMO

IDMO Risk / Return Rank: 50
IDMO Sharpe Ratio Rank: 48
IDMO Sortino Ratio Rank: 49
IDMO Omega Ratio Rank: 49
IDMO Calmar Ratio Rank: 49
IDMO Martin Ratio Rank: 56

AVDS

AVDS Risk / Return Rank: 60
AVDS Sharpe Ratio Rank: 64
AVDS Sortino Ratio Rank: 62
AVDS Omega Ratio Rank: 63
AVDS Calmar Ratio Rank: 53
AVDS Martin Ratio Rank: 57

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.

IDMO vs. AVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) and Avantis International Small Cap Equity ETF (AVDS). 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.

	IDMO	AVDS	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.01	-0.41
Sortino ratio: Return per unit of downside risk	2.32	2.76	-0.44
Omega ratio: Gain probability vs. loss probability	1.30	1.36	-0.06
Calmar ratio: Return relative to maximum drawdown	2.32	2.50	-0.18
Martin ratio: Return relative to average drawdown	9.42	9.55	-0.13

IDMO vs. AVDS - Sharpe Ratio Comparison

The current IDMO Sharpe Ratio is 1.60, which is comparable to the AVDS Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of IDMO and AVDS, 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

IDMO vs. AVDS - Drawdown Comparison

The maximum IDMO drawdown since its inception was -39.38%, which is greater than AVDS's maximum drawdown of -13.51%. Use the drawdown chart below to compare losses from any high point for IDMO and AVDS.

Drawdown Indicators

	IDMO	AVDS	Difference
Max Drawdown Largest peak-to-trough decline	-39.38%	-13.51%	-25.87%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-12.44%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-12.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.34%	—	—
Current Drawdown Current decline from peak	0.00%	-2.36%	+2.36%
Average Drawdown Average peak-to-trough decline	-9.73%	-2.83%	-6.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	3.25%	-0.22%

Volatility

IDMO vs. AVDS - Volatility Comparison

Invesco S&P International Developed Momentum ETF (IDMO) has a higher volatility of 7.48% compared to Avantis International Small Cap Equity ETF (AVDS) at 5.55%. This indicates that IDMO's price experiences larger fluctuations and is considered to be riskier than AVDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDMO	AVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	5.55%	+1.93%
Volatility (6M) Calculated over the trailing 6-month period	16.09%	13.24%	+2.85%
Volatility (1Y) Calculated over the trailing 1-year period	17.88%	15.48%	+2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	15.48%	+2.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	15.48%	+2.70%

IDMO vs. AVDS - Expense Ratio Comparison

IDMO has a 0.25% expense ratio, which is lower than AVDS's 0.30% expense ratio.

Dividends

IDMO vs. AVDS - Dividend Comparison

IDMO's dividend yield for the trailing twelve months is around 3.42%, more than AVDS's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVDS Avantis International Small Cap Equity ETF	3.30%	2.37%	3.07%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDMO Invesco S&P International Developed Momentum ETF	3.42%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%

Frequently Asked Questions

Can I hold both IDMO and AVDS in my portfolio?

IDMO and AVDS have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDMO or AVDS?

IDMO has higher volatility (7.48%) compared to AVDS (5.55%). In terms of maximum drawdown, IDMO dropped -39.38% vs AVDS's -13.51%.

Which ETF is better, IDMO or AVDS?

On 1-year performance, AVDS leads with 31.77% vs 28.80% for IDMO. On fees, IDMO is cheaper at 0.25% per year. On volatility, AVDS has been the lower-risk option at 5.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDMO or AVDS?

Over the 1-year period, AVDS has performed better with a 31.77% return vs 28.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDMO or AVDS?

IDMO is cheaper with a 0.25% expense ratio, compared with 0.30% for AVDS.

Which ETF pays a higher dividend yield, IDMO or AVDS?

IDMO has the higher dividend yield at 3.42%, compared with 3.30% for AVDS.

What is the main difference between IDMO and AVDS?

IDMO is categorized as Momentum, while AVDS is Foreign Small & Mid Cap Equities. They also come from different issuers: Invesco and Avantis. Their fees differ too: 0.25% for IDMO and 0.30% for AVDS.

Which has better risk-adjusted returns?

AVDS currently has the higher Sharpe Ratio (2.01 vs 1.60), 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.