INKM vs. AVTM

Last updated Aug 5, 2026

INKM (SPDR SSgA Income Allocation ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds. Both are actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. INKM charges 0.50%/yr vs 0.22%/yr for AVTM.

Performance

INKM vs. AVTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSgA Income Allocation ETF (INKM) and Avantis Total Equity Markets ETF (AVTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

INKM

• 1D: 0.45%
• 1M: 0.86%
• 6M: 4.32%
• YTD: 7.48%
• 1Y: 11.85%
• 3Y*: 10.14%
• 5Y*: 4.34%
• 10Y*: 5.40%
• ALL TIME*: 5.34%

AVTM

• 1D: 1.88%
• 1M: 3.01%
• 6M: 12.71%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
AVTM Avantis Total Equity Markets ETF	$148.79K	$336.59K	$220.14K
INKM SPDR SSgA Income Allocation ETF	$356.13K	$216.66K	$250.22K

INKM vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
INKM SPDR SSgA Income Allocation ETF	4.75%
AVTM Avantis Total Equity Markets ETF	11.66%

Correlation

The correlation between INKM and AVTM is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.69

Return for Risk

INKM vs. AVTM — Risk / Return Rank

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

INKM

INKM Risk / Return Rank: 75
INKM Sharpe Ratio Rank: 78
INKM Sortino Ratio Rank: 78
INKM Omega Ratio Rank: 80
INKM Calmar Ratio Rank: 66
INKM Martin Ratio Rank: 73

AVTM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

INKM vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Income Allocation ETF (INKM) 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.

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.

	INKM	AVTM	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	2.81	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.61	—	—
Martin ratio: Return relative to average drawdown	10.30	—	—

Drawdowns

INKM vs. AVTM - Drawdown Comparison

The maximum INKM drawdown since its inception was -28.58%, which is greater than AVTM's maximum drawdown of -9.21%. Use the drawdown chart below to compare losses from any high point for INKM and AVTM.

Drawdown Indicators

	INKM	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-28.58%	-9.21%	-19.37%
Max Drawdown (1Y) Largest decline over 1 year	-4.55%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.58%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.65%	-1.88%	-1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	—	—

Volatility

Volatility by Period

	INKM	AVTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.03%	15.87%	-9.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.31%	15.87%	-7.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.75%	15.87%	-6.12%

INKM vs. AVTM - Expense Ratio Comparison

INKM has a 0.50% expense ratio, which is higher than AVTM's 0.22% expense ratio.

Dividends

INKM vs. AVTM - Dividend Comparison

INKM's dividend yield for the trailing twelve months is around 4.74%, more than AVTM's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVTM Avantis Total Equity Markets ETF	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
INKM SPDR SSgA Income Allocation ETF	4.74%	5.82%	4.83%	4.56%	5.03%	3.74%	3.88%	4.38%	4.08%	3.10%	3.39%	3.45%

Frequently Asked Questions

Can I hold both INKM and AVTM in my portfolio?

INKM and AVTM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INKM 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, INKM or AVTM?

AVTM is cheaper with a 0.22% expense ratio, compared with 0.50% for INKM.

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

INKM has the higher dividend yield at 4.74%, compared with 0.27% for AVTM.

What is the main difference between INKM and AVTM?

They also come from different issuers: State Street and Avantis. Their fees differ too: 0.50% for INKM and 0.22% for AVTM.