FUSI vs. AVEM

Last updated Apr 1, 2026

Compare and contrast key facts about American Century Multisector Floating Income ETF (FUSI) and Avantis Emerging Markets Equity ETF (AVEM).

FUSI and AVEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FUSI is an actively managed fund by American Century. It was launched on Mar 14, 2023. AVEM is a passively managed fund by American Century that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019.

Performance

FUSI vs. AVEM - Performance Comparison

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

FUSI vs. AVEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FUSI American Century Multisector Floating Income ETF	1.05%	4.85%	6.19%	5.89%
AVEM Avantis Emerging Markets Equity ETF	4.70%	34.48%	7.49%	13.99%

Returns By Period

In the year-to-date period, FUSI achieves a 1.05% return, which is significantly lower than AVEM's 4.70% return.

FUSI

• 1D: 0.10%
• 1M: 0.20%
• YTD: 1.05%
• 6M: 1.90%
• 1Y: 4.82%
• 3Y*: 5.97%
• 5Y*: —
• 10Y*: —

AVEM

• 1D: 3.60%
• 1M: -9.09%
• YTD: 4.70%
• 6M: 9.02%
• 1Y: 37.57%
• 3Y*: 18.51%
• 5Y*: 6.97%
• 10Y*: —

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

FUSI vs. AVEM - Expense Ratio Comparison

FUSI has a 0.28% expense ratio, which is lower than AVEM's 0.33% expense ratio.

AVEM

Avantis Emerging Markets Equity ETF

FUSI

American Century Multisector Floating Income ETF

Return for Risk

FUSI vs. AVEM — Risk / Return Rank

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

FUSI

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

AVEM

AVEM Risk / Return Rank: 90
AVEM Sharpe Ratio Rank: 90
AVEM Sortino Ratio Rank: 90
AVEM Omega Ratio Rank: 90
AVEM Calmar Ratio Rank: 90
AVEM Martin Ratio Rank: 90

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.

FUSI vs. AVEM - Risk-Adjusted Trends Comparison

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

	FUSI	AVEM	Difference
Sharpe ratio Return per unit of total volatility	4.05	1.89	+2.16
Sortino ratio Return per unit of downside risk	5.78	2.48	+3.30
Omega ratio Gain probability vs. loss probability	2.24	1.37	+0.87
Calmar ratio Return relative to maximum drawdown	8.55	2.82	+5.73
Martin ratio Return relative to average drawdown	41.67	11.10	+30.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUSI vs. AVEM - Sharpe Ratio Comparison

The current FUSI Sharpe Ratio is 4.05, which is higher than the AVEM Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of FUSI and AVEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FUSI	AVEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.05	1.89	+2.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.40	0.51	+4.88

Correlation

The correlation between FUSI and AVEM is 0.08, 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.

Dividends

FUSI vs. AVEM - Dividend Comparison

FUSI's dividend yield for the trailing twelve months is around 5.41%, more than AVEM's 2.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
FUSI American Century Multisector Floating Income ETF	5.41%	5.28%	5.98%	4.97%	0.00%	0.00%	0.00%	0.00%
AVEM Avantis Emerging Markets Equity ETF	2.41%	2.45%	3.17%	3.06%	2.77%	2.61%	1.60%	0.35%

Drawdowns

FUSI vs. AVEM - Drawdown Comparison

The maximum FUSI drawdown since its inception was -0.70%, smaller than the maximum AVEM drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for FUSI and AVEM.

Drawdown Indicators

	FUSI	AVEM	Difference
Max Drawdown Largest peak-to-trough decline	-0.70%	-36.05%	+35.35%
Max Drawdown (1Y) Largest decline over 1 year	-0.45%	-13.13%	+12.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.00%	—
Current Drawdown Current decline from peak	-0.01%	-10.00%	+9.99%
Average Drawdown Average peak-to-trough decline	-0.05%	-10.30%	+10.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.12%	3.34%	-3.22%

Volatility

FUSI vs. AVEM - Volatility Comparison

The current volatility for American Century Multisector Floating Income ETF (FUSI) is 0.36%, while Avantis Emerging Markets Equity ETF (AVEM) has a volatility of 10.36%. This indicates that FUSI experiences smaller price fluctuations and is considered to be less risky than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSI	AVEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.36%	10.36%	-10.00%
Volatility (6M) Calculated over the trailing 6-month period	0.75%	14.72%	-13.97%
Volatility (1Y) Calculated over the trailing 1-year period	1.20%	20.03%	-18.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.11%	17.87%	-16.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.11%	20.37%	-19.26%