AVMU vs. AOA
Compare and contrast key facts about Avantis Core Municipal Fixed Income ETF (AVMU) and iShares Core Aggressive Allocation ETF (AOA).
AVMU and AOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVMU is an actively managed fund by American Century Investments. It was launched on Dec 8, 2020. AOA is a passively managed fund by iShares that tracks the performance of the S&P Target Risk Aggressive Index. It was launched on Nov 4, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVMU or AOA.
Correlation
The correlation between AVMU and AOA is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AVMU vs. AOA - Performance Comparison
Loading data...
Key characteristics
AVMU:
-0.01
AOA:
0.62
AVMU:
0.03
AOA:
1.01
AVMU:
1.00
AOA:
1.14
AVMU:
-0.01
AOA:
0.71
AVMU:
-0.02
AOA:
3.16
AVMU:
1.66%
AOA:
2.89%
AVMU:
5.66%
AOA:
13.94%
AVMU:
-12.41%
AOA:
-28.38%
AVMU:
-3.39%
AOA:
-2.67%
Returns By Period
In the year-to-date period, AVMU achieves a -1.76% return, which is significantly lower than AOA's 1.65% return.
AVMU
-1.76%
2.45%
-1.72%
0.02%
N/A
N/A
AOA
1.65%
7.33%
-0.50%
8.56%
10.81%
7.43%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVMU vs. AOA - Expense Ratio Comparison
AVMU has a 0.15% expense ratio, which is lower than AOA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVMU vs. AOA — Risk-Adjusted Performance Rank
AVMU
AOA
AVMU vs. AOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Municipal Fixed Income ETF (AVMU) and iShares Core Aggressive Allocation ETF (AOA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
AVMU vs. AOA - Dividend Comparison
AVMU's dividend yield for the trailing twelve months is around 3.51%, more than AOA's 2.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVMU Avantis Core Municipal Fixed Income ETF | 3.51% | 3.33% | 2.51% | 1.29% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AOA iShares Core Aggressive Allocation ETF | 2.28% | 2.30% | 2.22% | 2.10% | 1.67% | 1.71% | 2.50% | 2.37% | 5.09% | 2.02% | 2.15% | 2.18% |
Drawdowns
AVMU vs. AOA - Drawdown Comparison
The maximum AVMU drawdown since its inception was -12.41%, smaller than the maximum AOA drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for AVMU and AOA. For additional features, visit the drawdowns tool.
Loading data...
Volatility
AVMU vs. AOA - Volatility Comparison
The current volatility for Avantis Core Municipal Fixed Income ETF (AVMU) is 2.72%, while iShares Core Aggressive Allocation ETF (AOA) has a volatility of 4.47%. This indicates that AVMU experiences smaller price fluctuations and is considered to be less risky than AOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...