SPSK vs. AVGB

Last updated Apr 2, 2026

Compare and contrast key facts about SP Funds Dow Jones Global Sukuk ETF (SPSK) and Avantis Credit ETF (AVGB).

SPSK and AVGB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPSK is a passively managed fund by SP Funds that tracks the performance of the Dow Jones Sukuk Total Return (No Coupon Reinvestment). It was launched on Dec 30, 2019. AVGB is an actively managed fund by Avantis. It was launched on Apr 15, 2025.

Performance

SPSK vs. AVGB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds Dow Jones Global Sukuk ETF (SPSK) and Avantis Credit ETF (AVGB). The values are adjusted to include any dividend payments, if applicable.

SPSK vs. AVGB - Yearly Performance Comparison

	2026 (YTD)	2025
SPSK SP Funds Dow Jones Global Sukuk ETF	-1.10%	5.12%
AVGB Avantis Credit ETF	-0.10%	4.89%

Returns By Period

In the year-to-date period, SPSK achieves a -1.10% return, which is significantly lower than AVGB's -0.10% return.

SPSK

• 1D: 0.00%
• 1M: -1.63%
• YTD: -1.10%
• 6M: -0.62%
• 1Y: 3.16%
• 3Y*: 3.54%
• 5Y*: 0.77%
• 10Y*: —

AVGB

• 1D: 0.21%
• 1M: -1.00%
• YTD: -0.10%
• 6M: 0.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPSK vs. AVGB - Expense Ratio Comparison

SPSK has a 0.50% expense ratio, which is higher than AVGB's 0.19% expense ratio.

SPSK

SP Funds Dow Jones Global Sukuk ETF

AVGB

Avantis Credit ETF

Return for Risk

SPSK vs. AVGB — Risk / Return Rank

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

SPSK

SPSK Risk / Return Rank: 39
SPSK Sharpe Ratio Rank: 38
SPSK Sortino Ratio Rank: 36
SPSK Omega Ratio Rank: 30
SPSK Calmar Ratio Rank: 43
SPSK Martin Ratio Rank: 47

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.

SPSK vs. AVGB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds Dow Jones Global Sukuk ETF (SPSK) and Avantis Credit ETF (AVGB). 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.

	SPSK	AVGB	Difference
Sharpe ratio Return per unit of total volatility	0.76	—	—
Sortino ratio Return per unit of downside risk	1.09	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	1.17	—	—
Martin ratio Return relative to average drawdown	4.65	—	—
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

	SPSK	AVGB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	2.14	-1.97

Correlation

The correlation between SPSK and AVGB is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SPSK vs. AVGB - Dividend Comparison

SPSK's dividend yield for the trailing twelve months is around 4.04%, more than AVGB's 3.49% yield.

	TTM	2025	2024	2023	2022	2021	2020
SPSK SP Funds Dow Jones Global Sukuk ETF	4.04%	3.63%	3.53%	2.95%	2.22%	2.56%	1.78%
AVGB Avantis Credit ETF	3.49%	3.49%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SPSK vs. AVGB - Drawdown Comparison

The maximum SPSK drawdown since its inception was -12.83%, which is greater than AVGB's maximum drawdown of -2.12%. Use the drawdown chart below to compare losses from any high point for SPSK and AVGB.

Drawdown Indicators

	SPSK	AVGB	Difference
Max Drawdown Largest peak-to-trough decline	-12.83%	-2.12%	-10.71%
Max Drawdown (1Y) Largest decline over 1 year	-2.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.45%	—	—
Current Drawdown Current decline from peak	-2.14%	-1.29%	-0.85%
Average Drawdown Average peak-to-trough decline	-3.90%	-0.25%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	—	—

Volatility

Volatility by Period

	SPSK	AVGB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.20%	2.36%	+1.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.34%	2.36%	+2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.51%	2.36%	+3.15%