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Avantis Core Municipal Fixed Income ETF (AVMU)

ETF · Currency in USD · Last updated Nov 28, 2022

AVMU is an actively managed ETF by American Century Investments. AVMU launched on Dec 8, 2020 and has a 0.15% expense ratio.

ETF Info

IssuerAmerican Century Investments
Inception DateDec 8, 2020
RegionNorth America (U.S.)
CategoryMunicipal Bonds, Actively Managed
Expense Ratio0.15%
Index TrackedNo Index (Active)
Asset ClassBond

Trading Data

Previous Close$45.66
Year Range$43.72 - $49.56
EMA (50)$44.70
EMA (200)$45.96
Average Volume$9.80K

AVMUShare Price Chart


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AVMUPerformance

The chart shows the growth of $10,000 invested in Avantis Core Municipal Fixed Income ETF in Dec 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,263 for a total return of roughly -7.37%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-0.74%
-2.57%
AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)

AVMUCompare to other instruments

Search for stocks, ETFs, and funds to compare with AVMU

AVMUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M4.41%4.33%
6M-0.30%-0.78%
YTD-7.79%-15.53%
1Y-7.36%-14.36%
5Y-3.84%4.88%
10Y-3.84%4.88%

AVMUMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-2.64%-0.40%-3.11%-2.67%1.59%-1.28%2.38%-2.18%-3.43%-0.35%4.33%
20210.20%-1.76%0.36%1.00%0.18%0.31%0.60%-0.35%-0.79%-0.19%0.58%0.16%
20200.19%

AVMUSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Avantis Core Municipal Fixed Income ETF Sharpe ratio is -1.75. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-3.50-3.00-2.50-2.00-1.50-1.00-0.500.00JuneJulyAugustSeptemberOctoberNovember
-1.75
-0.60
AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)

AVMUDividend History

Avantis Core Municipal Fixed Income ETF granted a 1.12% dividend yield in the last twelve months. The annual payout for that period amounted to $0.51 per share.


PeriodTTM20212020
Dividend$0.51$0.38$0.00

Dividend yield

1.12%0.78%0.00%

AVMUDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-8.55%
-16.06%
AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)

AVMUWorst Drawdowns

The table below shows the maximum drawdowns of the Avantis Core Municipal Fixed Income ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Avantis Core Municipal Fixed Income ETF is 12.41%, recorded on Oct 25, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.41%Jul 20, 2021321Oct 25, 2022
-2.18%Feb 12, 20219Feb 25, 202173Jun 10, 202182
-0.59%Jun 11, 20219Jun 23, 20219Jul 7, 202118
-0.3%Jan 6, 20217Jan 14, 20217Jan 26, 202114
-0.12%Jul 9, 20211Jul 9, 20214Jul 15, 20215
-0.11%Dec 15, 20201Dec 15, 20207Dec 24, 20208
-0.05%Jan 29, 20211Jan 29, 20211Feb 1, 20212
-0.02%Feb 2, 20212Feb 3, 20211Feb 4, 20213
-0.01%Dec 29, 20201Dec 29, 20201Dec 30, 20202

AVMUVolatility Chart

Current Avantis Core Municipal Fixed Income ETF volatility is 4.13%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
4.13%
12.31%
AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)