AVIG vs SSFI
Avantis Core Fixed Income ETF vs Day Hagan Smart Sector Fixed Income ETF
Which is better, AVIG or SSFI?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. AVIG led over 3Y, 5Y and the full window, SSFI over 1Y. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVIG | SSFI |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.75% |
| AUM | $2.0B | $29M |
| Dividend Yield | 4.54% | 3.96% |
| Holdings | 1,720 | 17 |
| YTD Return | -3.03% | -2.59%Best |
| 1Y Return | -2.70% | -2.62%Best |
| 3Y Return (annualized) | +4.63%Best | +3.70% |
| 5Y Return (annualized) | -0.64%Best | -0.86% |
| Volatility (annualized) | 7.0% | 6.1%Best |
| Max Drawdown | -18.6% | -16.1%Best |
| $10,000 over 5 years | $9,684Best | $9,577 |
| Top 10 Weight | 13.0% | - |
| Fund Family | Avantis Investors | Day Hagan Funds |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Sep 28, 2021 |
Not shown on this pair: Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Oct 14, 2026 (5 years).
AVIG vs SSFI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5 years both funds cover.
AVIG vs SSFI Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and Day Hagan Smart Sector Fixed Income ETF (SSFI) is an ETF from Day Hagan Funds. Over the past year AVIG returned -2.70% while SSFI returned -2.62%. Year to date, AVIG is down 3.03% versus a loss of 2.59% for SSFI.
Over three years, AVIG compounded at +4.63% per year against +3.70% for SSFI; over five years the annualized figures are -0.64% and -0.86% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG has been the more volatile fund, with annualized monthly volatility of 7.0% compared with 6.1% for SSFI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.6% for AVIG and -16.1% for SSFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVIG charges 0.15% per year while SSFI charges 0.75%. On a $10,000 position that is $15 vs $75 annually, a gap of $60 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 3.96% for SSFI.
Holdings Overlap
We hold position weights for 739 holdings in AVIG and 9 in SSFI, totalling 96.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 739 positions we hold weights for in AVIG and 9 in SSFI, against full books of 1,720 and 17.
What only one of them owns
Our book lists 9 positions for SSFI that do not appear in our book for AVIG (100.0% of the fund), and 731 for AVIG that do not appear in SSFI (96.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of AVIG and SSFI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVIG or SSFI?
AVIG has an expense ratio of 0.15% while SSFI charges 0.75%. AVIG is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, AVIG or SSFI?
Over the past year AVIG returned -2.70% vs -2.62% for SSFI, so SSFI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or SSFI?
AVIG has been the more volatile fund at 7.0% annualized versus 6.1% for SSFI. Worst drawdown: AVIG -18.6% vs SSFI -16.1%.
Should I hold both AVIG and SSFI?
AVIG and SSFI have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AVIG or SSFI?
AVIG yields 4.54% while SSFI yields 3.96%, so AVIG currently pays the higher dividend yield.
Is SSFI better than AVIG?
AVIG has a lower expense ratio. AVIG led over 3Y, 5Y and the full window, SSFI over 1Y. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.