WM vs. AVDV
WM (Waste Management, Inc.) is a stock, while AVDV (Avantis International Small Cap Value ETF) is Foreign Small & Mid Cap Equities fund actively managed by Avantis. Over the past 5 years, WM returned 11.14%/yr vs 13.63%/yr for AVDV. At a 0.27 correlation, their price movements are largely independent.
Performance
WM vs. AVDV - Performance Comparison
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Returns By Period
In the year-to-date period, WM achieves a 0.71% return, which is significantly lower than AVDV's 14.99% return.
WM
- 1D
- 0.30%
- 1M
- 0.26%
- YTD
- 0.71%
- 6M
- 2.63%
- 1Y
- -5.72%
- 3Y*
- 12.33%
- 5Y*
- 11.14%
- 10Y*
- 15.36%
AVDV
- 1D
- 0.89%
- 1M
- -1.99%
- YTD
- 14.99%
- 6M
- 17.18%
- 1Y
- 41.91%
- 3Y*
- 26.72%
- 5Y*
- 13.63%
- 10Y*
- —
WM vs. AVDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | 0.71% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 0.49% |
AVDV Avantis International Small Cap Value ETF | 14.99% | 49.37% | 8.67% | 16.85% | -11.47% | 15.80% | 5.01% | 11.78% |
Correlation
The correlation between WM and AVDV is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019 | 0.27 |
The correlation between WM and AVDV shifts across timeframes, from -0.05 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WM vs. AVDV — Risk / Return Rank
WM
AVDV
WM vs. AVDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and Avantis International Small Cap Value ETF (AVDV). 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.
| WM | AVDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.46 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 3.12 | -3.48 |
| Martin ratioReturn relative to average drawdown | -0.79 | 12.44 | -13.24 |
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Drawdowns
WM vs. AVDV - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for WM and AVDV.
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Drawdown Indicators
| WM | AVDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -43.01% | -34.84% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -13.19% | -3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -14.17% | -3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -28.08% | +9.94% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | — | — |
Current DrawdownCurrent decline from peak | -10.24% | -2.24% | -8.00% |
Average DrawdownAverage peak-to-trough decline | -17.69% | -6.76% | -10.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.58% | 3.30% | +4.28% |
Volatility
WM vs. AVDV - Volatility Comparison
Waste Management, Inc. (WM) and Avantis International Small Cap Value ETF (AVDV) have volatilities of 6.13% and 6.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WM | AVDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 6.26% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 13.88% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.03% | 16.25% | +2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.62% | 17.41% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 19.77% | -0.23% |
Dividends
WM vs. AVDV - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.61%, less than AVDV's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDV Avantis International Small Cap Value ETF | 4.11% | 3.05% | 4.31% | 3.29% | 3.17% | 2.39% | 1.67% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% |
WM Waste Management, Inc. | 1.61% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Frequently Asked Questions
WM and AVDV have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVDV has higher volatility (6.26%) compared to WM (6.13%). In terms of maximum drawdown, WM dropped -77.85% vs AVDV's -43.01%.
AVDV currently has the higher Sharpe Ratio (2.53 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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