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Inception Date
Feb 23, 2021
Min. Investment
$5,000,000
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

AVIGX Performance Chart

Avantis Core Fixed Income Fund (AVIGX) is up 0.0% since the beginning of the year. AVIGX is currently trading at $8 per share. Investors who bought $1,000 worth of AVIGX shares 5 years ago would now be looking at an investment worth $999.


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S&P 500 Index

Returns By Period

Avantis Core Fixed Income Fund (AVIGX) has returned 0.02% so far this year and 4.99% over the past 12 months.


Avantis Core Fixed Income Fund

1D
0.24%
1M
0.72%
YTD
0.02%
6M
0.50%
1Y
4.99%
3Y*
4.38%
5Y*
-0.03%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVIGX Monthly Returns History

Based on dividend-adjusted daily data since Mar 9, 2021, AVIGX's average daily return is 0.00%, while the average monthly return is +0.03%. At this rate, an investment would double in approximately 192.6 years.

Historically, 53% of months were positive and 47% were negative. The best month was Nov 2023 with a return of +4.7%, while the worst month was Sep 2022 at -4.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, AVIGX closed higher 45% of trading days. The best single day was Nov 10, 2022 with a return of +2.0%, while the worst single day was Jun 13, 2022 at -1.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.25%1.42%-1.87%0.36%0.24%-0.36%0.02%
20250.51%2.19%0.03%0.38%-0.32%1.58%-0.10%1.33%0.96%0.49%0.84%-0.10%8.04%
2024-0.11%-1.54%1.10%-2.51%1.90%0.84%2.21%1.36%1.53%-2.54%1.24%-1.26%2.07%
20233.29%-2.74%2.75%0.47%-1.32%-0.25%0.07%-0.96%-2.44%-1.87%4.70%3.67%5.13%
2022-2.32%-1.32%-3.21%-3.95%0.33%-1.81%2.42%-1.94%-4.88%-0.97%4.00%-0.54%-13.62%
2021-0.61%0.92%0.30%0.92%1.21%-0.31%-0.88%-0.50%0.21%-0.25%0.99%

Benchmark Metrics

Avantis Core Fixed Income Fund has an annualized alpha of -0.46%, beta of 0.06, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since March 09, 2021.

  • This fund participated in 40.30% of S&P 500 Index downside but only 16.98% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.06 may look defensive, but with R2 of 0.03 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.03 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-0.46%
Beta
0.06
0.03
Upside Capture
16.98%
Downside Capture
40.30%

Expense Ratio

AVIGX has an expense ratio of 0.15%, which is considered low.


Return for Risk

Risk / Return Rank

AVIGX ranks 21 for risk / return — below 21% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


AVIGX Risk / Return Rank: 2121
Overall Rank
AVIGX Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
AVIGX Sortino Ratio Rank: 2121
Sortino Ratio Rank
AVIGX Omega Ratio Rank: 2020
Omega Ratio Rank
AVIGX Calmar Ratio Rank: 2323
Calmar Ratio Rank
AVIGX Martin Ratio Rank: 2020
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Avantis Core Fixed Income Fund (AVIGX) and compare them to S&P 500 Index.

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.


AVIGXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.82

Sortino ratioReturn per unit of downside risk

-0.96

Omega ratioGain probability vs. loss probability

1.22

1.37

-0.15

Calmar ratioReturn relative to maximum drawdown

1.65

2.78

-1.14

Martin ratioReturn relative to average drawdown

4.74

12.44

-7.70

Dividends

Dividend History

Avantis Core Fixed Income Fund provided a 4.43% dividend yield over the last twelve months, with an annual payout of $0.37 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.10$0.20$0.30$0.4020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.37$0.38$0.41$0.25$0.25$0.08

Dividend yield

4.43%4.45%4.97%2.92%3.01%0.79%

Monthly Dividends

The table displays the monthly dividend distributions for Avantis Core Fixed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.03$0.03$0.03$0.03$0.03$0.00$0.15
2025$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.38
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06$0.41
2023$0.02$0.03$0.03$0.00$0.03$0.03$0.03$0.00$0.03$0.00$0.03$0.03$0.25
2022$0.01$0.01$0.01$0.02$0.02$0.00$0.00$0.11$0.00$0.02$0.02$0.03$0.25
2021$0.01$0.01$0.01$0.01$0.00$0.01$0.03$0.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Avantis Core Fixed Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Avantis Core Fixed Income Fund was 19.39%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current Avantis Core Fixed Income Fund drawdown is 1.85%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-19.39%Oct 2022
1y 2mo
4y 10moAug 2021 - now
2021 pullback2021
-1.01%Mar 2021
6d26d
1mo 2dMar 2021 - Apr 2021
2021 pullback2021
-0.80%Jun 2021
5d14d
19dJun 2021 - Jun 2021
2021 pullback2021
-0.70%May 2021
2d13d
15dMay 2021 - May 2021
2021 pullback2021
-0.69%Jul 2021
4d6d
10dJul 2021 - Jul 2021

Drawdown Indicators


AVIGXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-19.39%

-56.78%

+37.39%

Max Drawdown (1Y)

Largest decline over 1 year

-3.04%

-9.10%

+6.06%

Max Drawdown (3Y)

Largest decline over 3 years

-6.28%

-18.90%

+12.62%

Max Drawdown (5Y)

Largest decline over 5 years

-19.39%

-25.43%

+6.04%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.85%

-1.80%

-0.05%

Average Drawdown

Average peak-to-trough decline

-8.27%

-10.71%

+2.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

2.03%

-0.98%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with AVIGX

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