AVMA vs DDX: Grades, Fees and Holdings Compared

Avantis Moderate Allocation ETF

AVMABNYSE Arca

Defined Duration 10 ETF

DDXCCboe

Overlap

0.0%by weight

Expense ratio

AVMA −0.04pt a year

AVMA0.21%DDX0.25%

Avg volume · 30D

AVMA 1.7×the volume

AVMA10.4KDDX6.03K

3Y return · a year

AVMA +6.8pt

AVMA+16.8%DDX+10.0%

AVMA vs DDX Performance

Oct 31, 2025 – Oct 30, 2026

+12.7%AVMA+6.6%DDX

Expense ratio: AVMA 0.21%, better; DDX 0.25%
Fund size: AVMA $94M; DDX $77M
1Y total return: AVMA +12.7%, better; DDX +6.6%
Yield (12M): AVMA 2.46%; DDX 3.14%, better
Holdings: AVMA 18; DDX 9
Avg volume (30D): AVMA 10.4K sh, better; DDX 6.03K sh
NAV per share: AVMA $72.14; DDX $25.04
52W range

ETF.net Grade

Pillar letters and Scores for AVMA, DDX, with each pillar’s weight
Pillar	AVMA	DDX
Cost30% weight	B58Higher	C43
Mission25% weight	C53	Not scored
Risk15% weight	C52	B65Higher
Tradability15% weight	B59Higher	F19
Holdings10% weight	A86	Not scored
Durability5% weight	C40	C42Higher

Rank among Balanced Allocation funds

How we build Categories ›

Same Category. AVMA and DDX are both graded against the same 5 Balanced Allocation funds, so their Grades compare head to head.

Balanced Allocation⁠

Category · 5 funds

See all 5 ›

AVMA ranks 3rd and DDX 5th of 5 funds in the Balanced Allocation Category.

Rank 1AAORiShares Core 60/40 Balanced Allocation ETFScore 82
Rank 2AAOMiShares Core 40/60 Moderate Allocation ETFScore 81
Rank 3BAVMAAvantis Moderate Allocation ETFScore 57
Rank 4CCGBLCapital Group Core Balanced ETFScore 53
Rank 5CDDXDefined Duration 10 ETFScore 42

Our read on each fund

ETF.net Research

AVMABAvantis Moderate Allocation ETF

DDXCDefined Duration 10 ETF

In short

AVMA A one-ticket 65/35 balanced fund built entirely from Avantis' own ETFs, so the stock side leans toward cheaper, more profitable companies instead of simply tracking the market. All-in cost: 0.21%.

DDX Most balanced funds set their stock/bond mix by your risk tolerance. DDX sets it by your calendar: a 10-year target duration, with the mix swinging countercyclically between 70/30 and 30/70 stocks and bonds.

Stated mandate

AVMA The fund seeks long-term capital appreciation through a strategic allocation providing broad market exposure while emphasizing securities with higher expected returns.

DDX The Fund seeks long-term growth of capital through a globally diversified portfolio of broad-based stock and bond ETFs. Its portfolio is systematically reallocated to reduce relative stock and bond risks and investment volatility.

Why people hold it

AVMA Not a plain index blend: the equity sleeves emphasize securities with higher expected returns, which in Avantis language means tilting to value and profitability.sec.gov
0.21% covers both the wrapper and the underlying Avantis funds it holds, and sits near the typical moderate-allocation fee with no waiver propping it up.sec.gov
Roughly 1,500 underlying positions across US stocks, foreign stocks and bonds from one ticker, with a 65/35 neutral mix managers rebalance back toward preset ranges. Pays quarterly.avantisinvestors.com

DDX Allocation driven by time horizon rather than a risk questionnaire: a 10-year defined duration target, rebalanced countercyclically within a 70/30 to 30/70 stock-bond band.disciplinefunds.com etfarchitect.com
One ticket holds broad-based stock and bond ETFs: a globally diversified equity sleeve plus a bond sleeve limited to high-quality US government debt at shorter average maturities.disciplinefunds.com
Live since 2021 as the original Discipline Fund ETF, managed by firm founder Cullen Roche, and now the middle rung of a 5-, 10- and 20-year Defined Duration lineup.disciplinefunds.com disciplinefunds.com 2

Worth knowing

AVMA AOR and AOM do the balanced-fund job for 0.15%, net of a waiver through November 30, 2026. The extra here buys the factor tilts, not a cheaper wrapper.
Every holding is an Avantis fund, so this is one shop's read on value and profitability, and those tilts can trail a plain cap-weighted blend for long stretches.sec.gov
A smaller, thinly traded fund that launched in 2023, so on any given trade the spread can cost more than the fee does.

DDX 0.25% net of a waiver through November 30, 2026 (0.29% gross) sits near the category median, while index-built AOR and AOM charge 0.15% net of waivers through November 30, 2026.
By design the fund can spend long stretches underweight stocks, so its path can look nothing like a static 60/40 for years at a time.disciplinefunds.com
Small and thinly traded next to the giant allocation ETFs, which tends to mean wider bid-ask spreads at the point of trade.

Full AVMA profile⁠

Full DDX profile⁠

AVMA vs DDX Holdings

How AVMA and DDX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AVMA and 0.0% of DDX.

Level by level

Holdings0 in both0.0%
Countryby domicile85.3%

Sector

No Sector split for DDX.

Country, concentration and asset class

Country by domicile

Country weights in AVMA and DDX, widest gap first
Country	More in AVMAMore in DDX	AVMA	DDX
United States	AVMA +9.4 points	74.8%	65.4%
Japan	DDX +5.9 points	2.9%	8.8%
Switzerland	DDX +1.6 points	1.3%	2.9%
Canada	DDX +1.4 points	3.4%	4.8%
South Korea	AVMA +1.3 points	1.3%	0.0%
Australia	DDX +1.2 points	1.0%	2.2%
China	DDX +1.2 points	0.9%	2.1%
Germany	AVMA +1.1 points	1.4%	0.3%
Other countries (33)	DDX +0.5 points	12.9%	13.4%

Outside the US: AVMA 71% developed, 29% emerging.

Concentration

Weight in the 10 largest Holdings

AVMA92.4%
DDX100.0%

Securities held

AVMA18
DDX8

Asset class

AVMA: Multi-Asset
DDX: Multi-Asset

Holdings

Only in AVMA18
In both0
Only in DDX8

Only in AVMA

18 securities, 100% of AVMA by weight

Avantis Us Equity Etf Avantis U.s. Equity Etf29.00%
Avantis Core Fixed Income Etf Avantis Core Fixed Income17.85%
Avantis Us Large Cap Value Etf Avantis Us Large Cap Value10.36%
Avantis Credit Etf Avantis Credit Etf7.93%
Avantis Short Term Fixed Incom Avantis Short Term Fixed Inc7.83%
Avantis International Equity E Avantis International Equity6.95%
Avantis Emerging Markets Equit Avantis Emerging Markets Eq4.19%
Avantis International Large Ca Avantis Intl Lrg Cap Val Etf3.57%
Avantis Us Small Cap Equity Et Avantis Us Small Cap Equity2.41%
Avantis U.s. Small Cap Value E Avantis Us Small Cap Value2.36%
Avantis Emerging Markets Value Avantis Emerging Markets Val1.97%
Avantis Real Estate Etf Avantis Real Estate Etf1.69%
Avantis Us Mid Cap Equity Etf Avantis Us Mid Cap Eq Etf0.93%
Avantis Us Mid Cap Value Etf Avantis Us Mid Cap Val Etf0.93%
Avantis International Small Ca Avantis Intl S/C Value Etf0.74%
Avantis International Small Ca Avantis Intl Sm Cap Eq Etf0.65%
Avantis Emerging Markets Small Avantis Em Mkt Sm Cap Eq Etf0.56%
Ssc Government Mm Gvmxx0.08%

Only in DDX

8 securities, 99.4% of DDX by weight

United States Treasury Note/Bond 3.875% 04/30/203124.91%
United States Treasury Note/Bond 3.5% 03/15/202919.13%
State Street SPDR Portfolio Developed World ex-US ETF15.28%
Vanguard Morningstar Value ETF15.20%
First American Government Obligations Fund 12/01/203114.49%
Vanguard FTSE Emerging Markets ETF4.71%
Vanguard Long-Term Treasury ETF3.67%
Vanguard S&P 500 ETF2.03%

Weight gaps

AVMA and DDX share no securities.

All 1,491 AVMA holdings⁠All DDX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AVMA vs DDX Cost

Overpaying DDX vs AVMA

$802

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AVMA 0.21%
$4,357
DDX 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

AVMA 0.21%
DDX 0.25%
Overpaying

Year by year

Year	AVMA	DDX	Overpaying
10	$383	$455	$72
20	$1,491	$1,769	$278
30	$4,357	$5,159	$802

Expense ratio

0.21%AVMA, cheaper
0.25%DDX

AVMA0.21%DDX0.25%

0.15%0.33%

Middle half of Balanced Allocation funds
Median 0.21%

AVMA 3rd cheapest of 5 funds

DDX 4th cheapest of 5 funds

AVMA vs DDX Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AVMA 2.46%; DDX 3.14%, better
Payout (12M): AVMA $1.77; DDX $0.79
Last payment: AVMA $0.31; DDX $0.16
Ex-dividend: AVMA Sep 10, 2026; DDX Sep 28, 2026
Paid on: AVMA Sep 14, 2026; DDX Sep 30, 2026
Frequency: AVMA Quarterly; DDX Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

AVMAQuarterly · 8 paymentsAll AVMA payments⁠

DDXQuarterly · 17 paymentsAll DDX payments⁠

AVMA vs DDX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AVMA 9.0%DDX 6.5%, better
Return per unit of riskSharpe ratio, 3 years: AVMA 1.29, betterDDX 0.82
Worst fallMax drawdown, 5 years: AVMA −11.8%since Jun 2023DDX −21.3%
Market sensitivityBeta, 5 years: AVMA 0.91DDX 0.46; Market = 1

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