VEGA vs. AVTM

Last updated Jul 14, 2026

VEGA (AdvisorShares STAR Global Buy-Write ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. VEGA charges 2.02%/yr vs 0.22%/yr for AVTM.

Performance

VEGA vs. AVTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares STAR Global Buy-Write ETF (VEGA) and Avantis Total Equity Markets ETF (AVTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VEGA

• 1D: -0.85%
• 1M: 0.16%
• 6M: 3.84%
• YTD: 6.20%
• 1Y: 14.50%
• 3Y*: 12.35%
• 5Y*: 6.78%
• 10Y*: 7.61%

AVTM

• 1D: -0.93%
• 1M: 0.29%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VEGA vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
VEGA AdvisorShares STAR Global Buy-Write ETF	3.88%
AVTM Avantis Total Equity Markets ETF	8.52%

Correlation

The correlation between VEGA and AVTM is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 2, 2026	0.96

Return for Risk

VEGA vs. AVTM — Risk / Return Rank

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

VEGA

VEGA Risk / Return Rank: 57
VEGA Sharpe Ratio Rank: 56
VEGA Sortino Ratio Rank: 55
VEGA Omega Ratio Rank: 57
VEGA Calmar Ratio Rank: 53
VEGA Martin Ratio Rank: 65

AVTM

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

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.

VEGA vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares STAR Global Buy-Write ETF (VEGA) 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.

	VEGA	AVTM	Difference
Sharpe ratio: Return per unit of total volatility	1.51	—	—
Sortino ratio: Return per unit of downside risk	2.13	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.12	—	—
Martin ratio: Return relative to average drawdown	9.15	—	—

Drawdowns

VEGA vs. AVTM - Drawdown Comparison

The maximum VEGA drawdown since its inception was -28.37%, which is greater than AVTM's maximum drawdown of -9.21%. Use the drawdown chart below to compare losses from any high point for VEGA and AVTM.

Drawdown Indicators

	VEGA	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-28.37%	-9.21%	-19.16%
Max Drawdown (1Y) Largest decline over 1 year	-6.86%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.37%	—	—
Current Drawdown Current decline from peak	-1.35%	-1.26%	-0.09%
Average Drawdown Average peak-to-trough decline	-3.77%	-1.93%	-1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	—	—

Volatility

Volatility by Period

	VEGA	AVTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.63%	15.90%	-6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.35%	15.90%	-3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.72%	15.90%	-3.18%

VEGA vs. AVTM - Expense Ratio Comparison

VEGA has a 2.02% expense ratio, which is higher than AVTM's 0.22% expense ratio.

Dividends

VEGA vs. AVTM - Dividend Comparison

VEGA's dividend yield for the trailing twelve months is around 1.27%, more than AVTM's 0.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AVTM Avantis Total Equity Markets ETF	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEGA AdvisorShares STAR Global Buy-Write ETF	1.27%	1.34%	1.05%	1.12%	1.89%	0.55%	0.28%	0.44%	0.45%	0.00%	0.81%

Frequently Asked Questions

Can I hold both VEGA and AVTM in my portfolio?

With a correlation of 0.96, VEGA and AVTM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VEGA 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, VEGA or AVTM?

AVTM is cheaper with a 0.22% expense ratio, compared with 2.02% for VEGA.

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

VEGA has the higher dividend yield at 1.27%, compared with 0.28% for AVTM.

What is the main difference between VEGA and AVTM?

They also come from different issuers: AdvisorShares and Avantis. Their fees differ too: 2.02% for VEGA and 0.22% for AVTM.