AVMU vs. AVIG
Compare and contrast key facts about Avantis Core Municipal Fixed Income ETF (AVMU) and Avantis Core Fixed Income ETF (AVIG).
AVMU and AVIG 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. AVIG is an actively managed fund by American Century Investments. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVMU or AVIG.
Correlation
The correlation between AVMU and AVIG is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AVMU vs. AVIG - Performance Comparison
Key characteristics
AVMU:
0.42
AVIG:
0.37
AVMU:
0.59
AVIG:
0.55
AVMU:
1.08
AVIG:
1.06
AVMU:
0.31
AVIG:
0.15
AVMU:
2.19
AVIG:
1.10
AVMU:
0.65%
AVIG:
1.82%
AVMU:
3.41%
AVIG:
5.43%
AVMU:
-12.41%
AVIG:
-19.64%
AVMU:
-2.06%
AVIG:
-8.92%
Returns By Period
In the year-to-date period, AVMU achieves a 1.31% return, which is significantly lower than AVIG's 1.64% return.
AVMU
1.31%
-0.52%
1.31%
1.51%
N/A
N/A
AVIG
1.64%
-0.18%
1.59%
1.97%
N/A
N/A
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. AVIG - Expense Ratio Comparison
Both AVMU and AVIG have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVMU vs. AVIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Municipal Fixed Income ETF (AVMU) and Avantis Core Fixed Income ETF (AVIG). 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.
Dividends
AVMU vs. AVIG - Dividend Comparison
AVMU's dividend yield for the trailing twelve months is around 3.34%, less than AVIG's 4.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
AVMU Avantis Core Municipal Fixed Income ETF | 3.34% | 2.51% | 1.29% | 0.77% | 0.00% |
AVIG Avantis Core Fixed Income ETF | 4.66% | 4.06% | 2.54% | 1.12% | 0.22% |
Drawdowns
AVMU vs. AVIG - Drawdown Comparison
The maximum AVMU drawdown since its inception was -12.41%, smaller than the maximum AVIG drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for AVMU and AVIG. For additional features, visit the drawdowns tool.
Volatility
AVMU vs. AVIG - Volatility Comparison
The current volatility for Avantis Core Municipal Fixed Income ETF (AVMU) is 1.15%, while Avantis Core Fixed Income ETF (AVIG) has a volatility of 1.69%. This indicates that AVMU experiences smaller price fluctuations and is considered to be less risky than AVIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.