FUSI vs. AVLV

Last updated Jun 4, 2026

FUSI (American Century Multisector Floating Income ETF) and AVLV (Avantis U.S. Large Cap Value ETF) are both exchange-traded funds - FUSI is a Ultrashort Bond fund actively managed by American Century, while AVLV is a Large Cap Value Equities fund tracking the Russell 1000 Value Index. FUSI is actively managed, while AVLV is passively managed. Over the past 3 years, FUSI returned 5.97%/yr vs 23.23%/yr for AVLV. At a 0.12 correlation, their price movements are largely independent. FUSI charges 0.28%/yr vs 0.15%/yr for AVLV.

Performance

FUSI vs. AVLV - Performance Comparison

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

Returns By Period

In the year-to-date period, FUSI achieves a 2.39% return, which is significantly lower than AVLV's 20.64% return.

FUSI

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

AVLV

• 1D: 0.14%
• 1M: 5.75%
• YTD: 20.64%
• 6M: 22.01%
• 1Y: 38.77%
• 3Y*: 23.23%
• 5Y*: —
• 10Y*: —

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

FUSI vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FUSI American Century Multisector Floating Income ETF	2.39%	4.85%	6.19%	5.89%
AVLV Avantis U.S. Large Cap Value ETF	20.64%	15.12%	17.49%	19.13%

Correlation

The correlation between FUSI and AVLV is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023	0.12

The correlation between FUSI and AVLV shifts across timeframes, from 0.12 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FUSI vs. AVLV — Risk / Return Rank

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

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

AVLV

AVLV Risk / Return Rank: 91
AVLV Sharpe Ratio Rank: 90
AVLV Sortino Ratio Rank: 91
AVLV Omega Ratio Rank: 89
AVLV Calmar Ratio Rank: 91
AVLV Martin Ratio Rank: 93

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. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Multisector Floating Income ETF (FUSI) and Avantis U.S. Large Cap Value ETF (AVLV). 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	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	6.05	3.18	+2.88
Sortino ratio: Return per unit of downside risk	9.35	4.39	+4.96
Omega ratio: Gain probability vs. loss probability	2.99	1.57	+1.42
Calmar ratio: Return relative to maximum drawdown	12.25	6.09	+6.16
Martin ratio: Return relative to average drawdown	91.02	24.39	+66.63
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. AVLV - Sharpe Ratio Comparison

The current FUSI Sharpe Ratio is 6.05, which is higher than the AVLV Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of FUSI and AVLV, 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

	FUSI	AVLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.05	3.18	+2.88
Sharpe Ratio (All Time) Calculated using the full available price history	5.57	0.86	+4.71

Drawdowns

FUSI vs. AVLV - Drawdown Comparison

The maximum FUSI drawdown since its inception was -0.70%, smaller than the maximum AVLV drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for FUSI and AVLV.

Drawdown Indicators

	FUSI	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-0.70%	-19.50%	+18.80%
Max Drawdown (1Y) Largest decline over 1 year	-0.45%	-6.39%	+5.94%
Max Drawdown (3Y) Largest decline over 3 years	-0.70%	-19.50%	+18.80%
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-0.04%	-3.93%	+3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	1.59%	-1.53%

Volatility

FUSI vs. AVLV - Volatility Comparison

The current volatility for American Century Multisector Floating Income ETF (FUSI) is 0.25%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 3.12%. This indicates that FUSI experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSI	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.25%	3.12%	-2.87%
Volatility (6M) Calculated over the trailing 6-month period	0.61%	9.04%	-8.43%
Volatility (1Y) Calculated over the trailing 1-year period	0.90%	12.29%	-11.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.09%	17.35%	-16.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.09%	17.35%	-16.26%

FUSI vs. AVLV - Expense Ratio Comparison

FUSI has a 0.28% expense ratio, which is higher than AVLV's 0.15% expense ratio.

Dividends

FUSI vs. AVLV - Dividend Comparison

FUSI's dividend yield for the trailing twelve months is around 4.85%, more than AVLV's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021
AVLV Avantis U.S. Large Cap Value ETF	1.07%	1.33%	1.58%	1.85%	2.00%	0.29%
FUSI American Century Multisector Floating Income ETF	4.85%	5.28%	5.98%	4.97%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FUSI and AVLV in my portfolio?

FUSI and AVLV have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUSI or AVLV?

AVLV has higher volatility (3.12%) compared to FUSI (0.25%). In terms of maximum drawdown, FUSI dropped -0.70% vs AVLV's -19.50%.

Which ETF is better, FUSI or AVLV?

On 3-year performance, AVLV leads with 23.23% vs 5.97% for FUSI. On fees, AVLV 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, FUSI or AVLV?

Over the 3-year period, AVLV has performed better with a 23.23% return vs 5.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FUSI or AVLV?

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

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

FUSI has the higher dividend yield at 4.85%, compared with 1.07% for AVLV.

What is the main difference between FUSI and AVLV?

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

Which has better risk-adjusted returns?

FUSI currently has the higher Sharpe Ratio (6.05 vs 3.17), 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.