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ETFs

Avantis Moderate Allocation ETF

AVMA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 27 2023
Expense Ratio
0.21%
Type
Global Diversified
Fund Owner
Avantis Investors
Volume (1m avg. daily)
$104,821
AUM
$2,755,907
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
28.55%
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
22.26%
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
11.19%
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
9.87%
AVDE
American Century ETF Trust - Avantis International Equity ETF
7.24%
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
4.30%
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
3.64%
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF
3.22%
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
3.19%
AVES
American Century ETF Trust - Avantis Emerging Markets Value ETF
2.92%
Invest with AVMA

What is AVMA?

This strategy is a strategic allocation designed to provide broad market exposure while emphasizing securities with higher expected returns. The strategy pursues its objective through investing in a series of other Avantis equity and fixed income exchange-traded funds (ETFs). It pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures) but with the ability to add value by making investment decisions using information in current prices.

ETFs related toAVMA

ETFs correlated to AVMA include AVGE, AOA, VT

AVMA
American Century ETF Trust - Avantis Moderate Allocation ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
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Risk Rating

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#LSPC

Lever up S&P with a Commodity Hedge

Category

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Risk Rating

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Create your own algorithmic trading strategy with AVMA using Composer

FAQ

AVMA is a Global Diversified ETF. This strategy is a strategic allocation designed to provide broad market exposure while emphasizing securities with higher expected returns. The strategy pursues its objective through investing in a series of other Avantis equity and fixed income exchange-traded funds (ETFs). It pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures) but with the ability to add value by making investment decisions using information in current prices.

Yes, AVMA is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, AVMA is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AVMA is -0.0059%. This is the percent change in the value of AVMA over the most recent 1-month period. The 3-month return on AVMA is %. This is the percent change in the value of AVMA over the most recent 3-month period.

ETFs similar to AVMA include AOR, DRSK, and FPEI.

ETFs correlated to AVMA include AVGE, AOA, and VT.

ETFs that are inversely correlated to AVMA include RWM, TZA, and SRTY.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.