Avantis Core Municipal Fixed Income ETF (AVMU)

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Avantis Core Municipal Fixed Income ETF (AVMU) is up 1.7% since the beginning of the year. AVMU is currently trading at $46 per share. Investors who bought $1,000 worth of AVMU shares 5 years ago would now be looking at an investment worth $1,044.

Avantis Core Municipal Fixed Income ETF (AVMU) has returned 1.70% so far this year and 8.09% over the past 12 months.

Based on dividend-adjusted daily data since Dec 10, 2020, AVMU's average daily return is 0.00%, while the average monthly return is +0.09%. At this rate, an investment would double in approximately 64.2 years.

Historically, 55% of months were positive and 45% were negative. The best month was Nov 2023 with a return of +6.2%, while the worst month was Sep 2022 at -3.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, AVMU closed higher 51% of trading days. The best single day was Apr 14, 2025 with a return of +1.7%, while the worst single day was Apr 7, 2025 at -2.7%.

Avantis Core Municipal Fixed Income ETF has an annualized alpha of 0.48%, beta of 0.04, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since December 10, 2020.

• This ETF participated in 33.66% of S&P 500 Index downside but only 16.09% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.04 may look defensive, but with R2 of 0.03 this ETF 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 ETF's risk.
• R2 of 0.03 means this ETF 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.

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

AVMU ranks 77 for risk / return — better than 77% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Avantis Core Municipal Fixed Income ETF provided a 3.49% dividend yield over the last twelve months, with an annual payout of $1.62 per share. The fund has been increasing its distributions for 4 consecutive years.

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

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.

The table below displays the maximum drawdowns of the Avantis Core Municipal Fixed Income ETF. 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 Municipal Fixed Income ETF was 12.41%, occurring on Oct 25, 2022. Recovery took 740 trading sessions.

The current Avantis Core Municipal Fixed Income ETF drawdown is 0.54%.

The chart below shows the rolling one-month volatility.