AVUS vs. FUSI

Last updated Jun 4, 2026

AVUS (Avantis U.S. Equity ETF) and FUSI (American Century Multisector Floating Income ETF) are both exchange-traded funds - AVUS is a Large Cap Blend Equities fund actively managed by American Century, while FUSI is a Ultrashort Bond fund actively managed by American Century. Both are actively managed. Over the past 3 years, AVUS returned 22.35%/yr vs 5.97%/yr for FUSI. At a 0.12 correlation, their price movements are largely independent. AVUS charges 0.15%/yr vs 0.28%/yr for FUSI.

Performance

AVUS vs. FUSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Equity ETF (AVUS) and American Century Multisector Floating Income ETF (FUSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUS achieves a 14.42% return, which is significantly higher than FUSI's 2.39% return.

AVUS

• 1D: -0.46%
• 1M: 4.77%
• YTD: 14.42%
• 6M: 14.71%
• 1Y: 32.34%
• 3Y*: 22.35%
• 5Y*: 13.04%
• 10Y*: —

FUSI

• 1D: -0.02%
• 1M: 0.77%
• YTD: 2.39%
• 6M: 2.67%
• 1Y: 5.43%
• 3Y*: 5.97%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVUS vs. FUSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVUS Avantis U.S. Equity ETF	14.42%	16.68%	20.43%	20.57%
FUSI American Century Multisector Floating Income ETF	2.39%	4.85%	6.19%	5.89%

Correlation

The correlation between AVUS and FUSI is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023	0.12

The correlation between AVUS and FUSI shifts across timeframes, from 0.12 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AVUS vs. FUSI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVUS

AVUS Risk / Return Rank: 81
AVUS Sharpe Ratio Rank: 81
AVUS Sortino Ratio Rank: 80
AVUS Omega Ratio Rank: 79
AVUS Calmar Ratio Rank: 79
AVUS Martin Ratio Rank: 86

FUSI

FUSI Risk / Return Rank: 98
FUSI Sharpe Ratio Rank: 98
FUSI Sortino Ratio Rank: 99
FUSI Omega Ratio Rank: 99
FUSI Calmar Ratio Rank: 97
FUSI Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVUS vs. FUSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Equity ETF (AVUS) and American Century Multisector Floating Income ETF (FUSI). 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.

	AVUS	FUSI	Difference
Sharpe ratio: Return per unit of total volatility	2.68	6.05	-3.38
Sortino ratio: Return per unit of downside risk	3.66	9.35	-5.69
Omega ratio: Gain probability vs. loss probability	1.48	2.99	-1.51
Calmar ratio: Return relative to maximum drawdown	4.14	12.25	-8.11
Martin ratio: Return relative to average drawdown	18.85	91.02	-72.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVUS vs. FUSI - Sharpe Ratio Comparison

The current AVUS Sharpe Ratio is 2.68, which is lower than the FUSI Sharpe Ratio of 6.05. The chart below compares the historical Sharpe Ratios of AVUS and FUSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVUS	FUSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	6.05	-3.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	5.57	-4.78

Drawdowns

AVUS vs. FUSI - Drawdown Comparison

The maximum AVUS drawdown since its inception was -37.04%, which is greater than FUSI's maximum drawdown of -0.70%. Use the drawdown chart below to compare losses from any high point for AVUS and FUSI.

Drawdown Indicators

	AVUS	FUSI	Difference
Max Drawdown Largest peak-to-trough decline	-37.04%	-0.70%	-36.34%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-0.45%	-7.40%
Max Drawdown (3Y) Largest decline over 3 years	-19.74%	-0.70%	-19.04%
Max Drawdown (5Y) Largest decline over 5 years	-22.19%	—	—
Current Drawdown Current decline from peak	-0.46%	-0.03%	-0.43%
Average Drawdown Average peak-to-trough decline	-5.09%	-0.04%	-5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	0.06%	+1.66%

Volatility

AVUS vs. FUSI - Volatility Comparison

Avantis U.S. Equity ETF (AVUS) has a higher volatility of 2.98% compared to American Century Multisector Floating Income ETF (FUSI) at 0.25%. This indicates that AVUS's price experiences larger fluctuations and is considered to be riskier than FUSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUS	FUSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	0.25%	+2.73%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	0.61%	+8.39%
Volatility (1Y) Calculated over the trailing 1-year period	12.15%	0.90%	+11.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	1.09%	+16.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.85%	1.09%	+19.76%

AVUS vs. FUSI - Expense Ratio Comparison

AVUS has a 0.15% expense ratio, which is lower than FUSI's 0.28% expense ratio.

Dividends

AVUS vs. FUSI - Dividend Comparison

AVUS's dividend yield for the trailing twelve months is around 0.91%, less than FUSI's 4.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUS Avantis U.S. Equity ETF	0.91%	1.08%	1.27%	1.41%	1.59%	1.08%	1.19%	0.35%
FUSI American Century Multisector Floating Income ETF	4.85%	5.28%	5.98%	4.97%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVUS and FUSI in my portfolio?

AVUS and FUSI have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVUS or FUSI?

AVUS has higher volatility (2.98%) compared to FUSI (0.25%). In terms of maximum drawdown, AVUS dropped -37.04% vs FUSI's -0.70%.

Which ETF is better, AVUS or FUSI?

On 3-year performance, AVUS leads with 22.35% vs 5.97% for FUSI. On fees, AVUS is cheaper at 0.15% per year. On volatility, FUSI has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUS or FUSI?

Over the 3-year period, AVUS has performed better with a 22.35% return vs 5.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUS or FUSI?

AVUS is cheaper with a 0.15% expense ratio, compared with 0.28% for FUSI.

Which ETF pays a higher dividend yield, AVUS or FUSI?

FUSI has the higher dividend yield at 4.85%, compared with 0.91% for AVUS.

What is the main difference between AVUS and FUSI?

AVUS is categorized as Large Cap Blend Equities, while FUSI is Ultrashort Bond. Their fees differ too: 0.15% for AVUS and 0.28% for FUSI.

Which has better risk-adjusted returns?

FUSI currently has the higher Sharpe Ratio (6.05 vs 2.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.