RVNU vs. AUSM
RVNU (Xtrackers Municipal Infrastructure Revenue Bond ETF) and AUSM (Allspring Ultra Short Municipal ETF) are both Municipal Bonds funds. RVNU is passively managed, while AUSM is actively managed. At a 0.10 correlation, their price movements are largely independent. RVNU charges 0.15%/yr vs 0.18%/yr for AUSM.
Performance
RVNU vs. AUSM - Performance Comparison
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Returns By Period
In the year-to-date period, RVNU achieves a 3.71% return, which is significantly higher than AUSM's 0.98% return.
RVNU
- 1D
- -0.04%
- 1M
- 1.38%
- YTD
- 3.71%
- 6M
- 3.08%
- 1Y
- 9.62%
- 3Y*
- 3.65%
- 5Y*
- -0.23%
- 10Y*
- 1.90%
AUSM
- 1D
- -0.02%
- 1M
- 0.21%
- YTD
- 0.98%
- 6M
- 1.34%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RVNU vs. AUSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 3.71% | 5.22% |
AUSM Allspring Ultra Short Municipal ETF | 0.98% | 1.63% |
Correlation
The correlation between RVNU and AUSM is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025 | 0.10 |
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Return for Risk
RVNU vs. AUSM — Risk / Return Rank
RVNU
AUSM
RVNU vs. AUSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and Allspring Ultra Short Municipal ETF (AUSM). 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.
| RVNU | AUSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | — | — |
| Martin ratioReturn relative to average drawdown | 11.69 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RVNU | AUSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 3.98 | -3.59 |
Drawdowns
RVNU vs. AUSM - Drawdown Comparison
The maximum RVNU drawdown since its inception was -23.51%, which is greater than AUSM's maximum drawdown of -0.42%. Use the drawdown chart below to compare losses from any high point for RVNU and AUSM.
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Drawdown Indicators
| RVNU | AUSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.51% | -0.42% | -23.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.51% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -23.51% | — | — |
Current DrawdownCurrent decline from peak | -2.80% | -0.02% | -2.78% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -0.09% | -4.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | — | — |
Volatility
RVNU vs. AUSM - Volatility Comparison
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Volatility by Period
| RVNU | AUSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.12% | 0.73% | +4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.19% | 0.73% | +6.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.27% | 0.73% | +6.54% |
RVNU vs. AUSM - Expense Ratio Comparison
RVNU has a 0.15% expense ratio, which is lower than AUSM's 0.18% 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%.
Dividends
RVNU vs. AUSM - Dividend Comparison
RVNU's dividend yield for the trailing twelve months is around 3.52%, more than AUSM's 2.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AUSM Allspring Ultra Short Municipal ETF | 2.39% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 3.52% | 3.46% | 3.06% | 2.79% | 2.81% | 2.18% | 2.43% | 2.75% | 2.76% | 2.49% | 2.72% | 3.01% |
Frequently Asked Questions
RVNU and AUSM have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RVNU is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RVNU is cheaper with a 0.15% expense ratio, compared with 0.18% for AUSM.
RVNU has the higher dividend yield at 3.52%, compared with 2.39% for AUSM.
They also come from different issuers: Deutsche Bank and Allspring. Their fees differ too: 0.15% for RVNU and 0.18% for AUSM.
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