WRND vs. AVTM

Last updated Jun 4, 2026

WRND (IQ Global Equity R&D Leaders ETF) and AVTM (Avantis Total Equity Markets ETF) are both Global Equities funds. WRND is passively managed, while AVTM is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. WRND charges 0.18%/yr vs 0.22%/yr for AVTM.

Performance

WRND vs. AVTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ Global Equity R&D Leaders ETF (WRND) and Avantis Total Equity Markets ETF (AVTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WRND

• 1D: -0.80%
• 1M: 5.16%
• YTD: 16.08%
• 6M: 16.09%
• 1Y: 39.52%
• 3Y*: 22.64%
• 5Y*: —
• 10Y*: —

AVTM

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

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

WRND vs. AVTM - Yearly Performance Comparison

	2026 (YTD)
WRND IQ Global Equity R&D Leaders ETF	10.46%
AVTM Avantis Total Equity Markets ETF	9.06%

Correlation

The correlation between WRND and AVTM is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.94

WRND vs. AVTM - Sectors Allocation Comparison

Sectors	WRND	AVTM
Technology	49.9%	31.0%
Industrials	14.0%	11.9%
Communication Services	13.2%	10.2%
Healthcare	11.7%	6.4%
Consumer Cyclical	8.7%	11.0%
Consumer Defensive	1.6%	4.2%
Basic Materials	1.0%	2.7%
Energy	-	4.2%
Financial Services	-	16.6%
Real Estate	-	0.2%
Utilities	-	1.8%

Return for Risk

WRND vs. AVTM — Risk / Return Rank

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

WRND

WRND Risk / Return Rank: 69
WRND Sharpe Ratio Rank: 73
WRND Sortino Ratio Rank: 70
WRND Omega Ratio Rank: 67
WRND Calmar Ratio Rank: 65
WRND Martin Ratio Rank: 72

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.

WRND vs. AVTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) 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.

	WRND	AVTM	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	3.19	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.19	—	—
Martin ratio: Return relative to average drawdown	13.52	—	—
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

	WRND	AVTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.88	-1.08

Drawdowns

WRND vs. AVTM - Drawdown Comparison

The maximum WRND drawdown since its inception was -27.16%, which is greater than AVTM's maximum drawdown of -9.21%. Use the drawdown chart below to compare losses from any high point for WRND and AVTM.

Drawdown Indicators

	WRND	AVTM	Difference
Max Drawdown Largest peak-to-trough decline	-27.16%	-9.21%	-17.95%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.41%	—	—
Current Drawdown Current decline from peak	-0.80%	-0.65%	-0.15%
Average Drawdown Average peak-to-trough decline	-5.97%	-2.08%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	—	—

Volatility

Volatility by Period

	WRND	AVTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	15.88%	+0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.79%	15.88%	+2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.79%	15.88%	+2.91%

WRND vs. AVTM - Expense Ratio Comparison

WRND has a 0.18% expense ratio, which is lower than AVTM's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

WRND vs. AVTM - Dividend Comparison

WRND's dividend yield for the trailing twelve months is around 0.99%, more than AVTM's 0.08% yield.

Position	TTM	2025	2024	2023	2022
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%	0.00%	0.00%
WRND IQ Global Equity R&D Leaders ETF	0.99%	1.29%	1.15%	2.06%	2.06%

Frequently Asked Questions

Can I hold both WRND and AVTM in my portfolio?

With a correlation of 0.94, WRND 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, WRND or AVTM?

On fees, WRND is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WRND or AVTM?

WRND is cheaper with a 0.18% expense ratio, compared with 0.22% for AVTM.

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

WRND has the higher dividend yield at 0.99%, compared with 0.08% for AVTM.

What is the main difference between WRND and AVTM?

They also come from different issuers: IndexIQ and Avantis. Their fees differ too: 0.18% for WRND and 0.22% for AVTM.