INKM vs. AVTM

Last updated Jun 4, 2026

INKM (SPDR SSgA Income Allocation ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds. Both are actively managed. A 0.75 correlation means they provide meaningful diversification when combined. 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: -0.29%
• 1M: 0.93%
• YTD: 5.61%
• 6M: 5.74%
• 1Y: 13.00%
• 3Y*: 10.04%
• 5Y*: 3.96%
• 10Y*: 5.59%

AVTM

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

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

INKM vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
INKM SPDR SSgA Income Allocation ETF	2.93%
AVTM Avantis Total Equity Markets ETF	9.06%

Correlation

The correlation between INKM and AVTM is 0.75, 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	0.75

INKM vs. AVTM - Sectors Allocation Comparison

Sectors	INKM	AVTM
Industrials	14.6%	11.9%
Utilities	13.9%	1.8%
Technology	13.2%	31.0%
Energy	11.1%	4.2%
Real Estate	10.9%	0.2%
Consumer Defensive	8.6%	4.2%
Financial Services	8.3%	16.6%
Healthcare	6.8%	6.4%
Communication Services	6.2%	10.2%
Consumer Cyclical	5.1%	11.0%
Basic Materials	1.4%	2.7%

Return for Risk

INKM vs. AVTM — Risk / Return Rank

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

INKM

INKM Risk / Return Rank: 65
INKM Sharpe Ratio Rank: 66
INKM Sortino Ratio Rank: 68
INKM Omega Ratio Rank: 69
INKM Calmar Ratio Rank: 58
INKM Martin Ratio Rank: 63

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.

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.

	INKM	AVTM	Difference
Sharpe ratio: Return per unit of total volatility	2.20	—	—
Sortino ratio: Return per unit of downside risk	3.12	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	2.87	—	—
Martin ratio: Return relative to average drawdown	11.30	—	—
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

	INKM	AVTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	1.88	-1.31

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	-9.25%	—	—
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	-0.33%	-0.65%	+0.32%
Average Drawdown Average peak-to-trough decline	-3.69%	-2.08%	-1.61%
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	1.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.95%	15.88%	-9.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.30%	15.88%	-7.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.78%	15.88%	-6.10%

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 4.86%, more than AVTM's 0.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVTM Avantis Total Equity Markets ETF	0.08%	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	4.86%	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 0.75, 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 4.86%, compared with 0.08% 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.