IMFL vs. AVTM

Last updated Jun 4, 2026

IMFL (Invesco International Developed Dynamic Multifactor ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds. IMFL is passively managed, while AVTM is actively managed. A 0.80 correlation means they provide meaningful diversification when combined. IMFL charges 0.34%/yr vs 0.22%/yr for AVTM.

Performance

IMFL vs. AVTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco International Developed Dynamic Multifactor ETF (IMFL) and Avantis Total Equity Markets ETF (AVTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IMFL

• 1D: -0.54%
• 1M: 5.50%
• YTD: 17.58%
• 6M: 20.95%
• 1Y: 33.05%
• 3Y*: 17.51%
• 5Y*: 8.50%
• 10Y*: —

AVTM

• 1D: -0.65%
• 1M: 5.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IMFL vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
IMFL Invesco International Developed Dynamic Multifactor ETF	9.70%
AVTM Avantis Total Equity Markets ETF	9.06%

Correlation

The correlation between IMFL and AVTM is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.80

IMFL vs. AVTM - Sectors Allocation Comparison

Sectors	IMFL	AVTM
Industrials	17.4%	11.9%
Technology	15.4%	31.0%
Healthcare	12.8%	6.4%
Consumer Defensive	11.6%	4.2%
Financial Services	11.0%	16.6%
Consumer Cyclical	7.5%	11.0%
Energy	5.9%	4.2%
Basic Materials	5.5%	2.7%
Utilities	3.9%	1.8%
Communication Services	3.6%	10.2%
Real Estate	1.5%	0.2%

Return for Risk

IMFL vs. AVTM — Risk / Return Rank

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

IMFL

IMFL Risk / Return Rank: 60
IMFL Sharpe Ratio Rank: 64
IMFL Sortino Ratio Rank: 61
IMFL Omega Ratio Rank: 61
IMFL Calmar Ratio Rank: 57
IMFL 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.

IMFL vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco International Developed Dynamic Multifactor ETF (IMFL) and Avantis Total Equity Markets ETF (AVTM). 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.

	IMFL	AVTM	Difference
Sharpe ratio Return per unit of total volatility	2.12	—	—
Sortino ratio Return per unit of downside risk	2.88	—	—
Omega ratio Gain probability vs. loss probability	1.37	—	—
Calmar ratio Return relative to maximum drawdown	2.82	—	—
Martin ratio Return relative to average drawdown	9.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IMFL	AVTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	1.88	-1.26

Drawdowns

IMFL vs. AVTM - Drawdown Comparison

The maximum IMFL drawdown since its inception was -33.26%, which is greater than AVTM's maximum drawdown of -9.21%. Use the drawdown chart below to compare losses from any high point for IMFL and AVTM.

Drawdown Indicators

	IMFL	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-33.26%	-9.21%	-24.05%
Max Drawdown (1Y) Largest decline over 1 year	-11.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.26%	—	—
Current Drawdown Current decline from peak	-0.54%	-0.65%	+0.11%
Average Drawdown Average peak-to-trough decline	-7.24%	-2.08%	-5.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	—	—

Volatility

Volatility by Period

	IMFL	AVTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.71%	15.88%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	15.88%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	15.88%	+0.11%

IMFL vs. AVTM - Expense Ratio Comparison

IMFL has a 0.34% expense ratio, which is higher than AVTM's 0.22% expense ratio.

Dividends

IMFL vs. AVTM - Dividend Comparison

IMFL's dividend yield for the trailing twelve months is around 2.87%, more than AVTM's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%
IMFL Invesco International Developed Dynamic Multifactor ETF	2.87%	2.88%	3.56%	3.85%	3.35%	3.94%

Frequently Asked Questions

Can I hold both IMFL and AVTM in my portfolio?

IMFL and AVTM have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IMFL or AVTM?

On fees, AVTM is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IMFL or AVTM?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.34% for IMFL.

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

IMFL has the higher dividend yield at 2.87%, compared with 0.08% for AVTM.

What is the main difference between IMFL and AVTM?

They also come from different issuers: Invesco and Avantis. Their fees differ too: 0.34% for IMFL and 0.22% for AVTM.