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Avantis Core Municipal Fixed Income ETF (AVMU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Inception Date

Dec 8, 2020

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Expense Ratio

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


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Avantis Core Municipal Fixed Income ETF (AVMU) returned -1.76% year-to-date (YTD) and 0.02% over the past 12 months.


AVMU

YTD

-1.76%

1M

2.45%

6M

-1.72%

1Y

0.02%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of AVMU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.23%1.19%-2.21%-0.89%-0.06%-1.76%
2024-0.18%-0.01%0.09%-0.75%-0.27%0.91%0.88%0.40%1.27%-1.27%1.84%-1.14%1.72%
20232.53%-2.17%1.96%-0.22%-0.71%0.61%0.39%-0.96%-2.64%-1.65%6.16%2.09%5.18%
2022-2.64%-0.40%-3.11%-2.67%1.59%-1.28%2.38%-2.18%-3.43%-0.35%5.09%-0.22%-7.33%
20210.20%-1.76%0.36%1.00%0.18%0.31%0.60%-0.35%-0.79%-0.19%0.58%0.16%0.27%
20200.19%0.19%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of AVMU is 17, meaning it’s performing worse than 83% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of AVMU is 1717
Overall Rank
The Sharpe Ratio Rank of AVMU is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of AVMU is 1515
Sortino Ratio Rank
The Omega Ratio Rank of AVMU is 1616
Omega Ratio Rank
The Calmar Ratio Rank of AVMU is 1818
Calmar Ratio Rank
The Martin Ratio Rank of AVMU is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Avantis Core Municipal Fixed Income ETF (AVMU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Avantis Core Municipal Fixed Income ETF Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: -0.01
  • All Time: -0.12

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Avantis Core Municipal Fixed Income ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Avantis Core Municipal Fixed Income ETF provided a 3.51% dividend yield over the last twelve months, with an annual payout of $1.57 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.502021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$1.57$1.54$1.18$0.59$0.38

Dividend yield

3.51%3.33%2.51%1.29%0.77%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.14$0.13$0.13$0.14$0.54
2024$0.00$0.13$0.13$0.11$0.14$0.13$0.12$0.14$0.13$0.13$0.14$0.26$1.54
2023$0.00$0.09$0.09$0.10$0.09$0.11$0.10$0.09$0.10$0.10$0.11$0.21$1.18
2022$0.00$0.03$0.04$0.03$0.04$0.04$0.05$0.05$0.05$0.06$0.06$0.15$0.59
2021$0.03$0.04$0.03$0.03$0.03$0.04$0.03$0.03$0.04$0.03$0.07$0.38

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 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. The portfolio has not yet recovered.

The current Avantis Core Municipal Fixed Income ETF drawdown is 3.39%.


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

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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