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Avantis Core Municipal Fixed Income ETF (AVMU)

ETF · Currency in USD · Last updated Jun 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$45.36
Year Range$44.79 - $50.25
EMA (50)$45.81
EMA (200)$47.63
Average Volume$12.42K

AVMUShare Price Chart


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AVMUPerformance

The chart shows the growth of $10,000 invested in Avantis Core Municipal Fixed Income ETF on Dec 11, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,143 for a total return of roughly -8.57%. All prices are adjusted for splits and dividends.


AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)

AVMUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-2.03%-6.21%
YTD-8.99%-18.17%
6M-9.08%-17.47%
1Y-8.76%-8.89%
5Y-5.67%4.07%
10Y-5.67%4.07%

AVMUMonthly Returns Heatmap


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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 -2.74. 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.


AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)

AVMUDividend History

Avantis Core Municipal Fixed Income ETF granted a 0.92% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.


PeriodTTM20212020
Dividend$0.42$0.38$0.00

Dividend yield

0.92%0.77%0.00%

AVMUDrawdowns Chart

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


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 10.87%, recorded on May 18, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.87%Jul 20, 2021211May 18, 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 2.57%. 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.


AVMU (Avantis Core Municipal Fixed Income ETF)
Benchmark (^GSPC)

Portfolios with Avantis Core Municipal Fixed Income ETF


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