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Avantis Core Municipal Fixed Income ETF (AVMU)
About this ETF
This fund primarily invests in a diverse selection of high-quality municipal bonds. While designed to offer indexing advantages like broad diversification, controlled portfolio adjustments, and clear exposure, it also employs active management. This strategic approach aims to generate added value by making investment decisions based on current yield opportunities. The ETF benefits from optimized portfolio management and trading operations, structured to enhance returns while diligently minimizing unneeded risks and trading expenses. It is crafted to integrate smoothly into an investor's broader asset allocation strategy.
Price
Top 10 holdings
| SAN ANTONIO TX PUB FACS CORP L SANFAC 09/42 FIXED OID 4 | 2.19% |
| JOBSOHIO BEVERAGE SYS STWD LIQ JOBGEN 01/36 FIXED 5 | 1.71% |
| SAN JACINTO TX CMNTY CLG DIST SNJHGR 02/41 FIXED 4 | 1.68% |
| MIAMI BEACH FL RESORT TAX REVE MMBGEN 09/40 FIXED 5 | 1.48% |
| NEW YORK NY NYC 08/32 FIXED 5 | 1.07% |
| GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/45 FIXED 4 | 0.98% |
| COLORADO ST COPS COSCTF 12/40 FIXED 4 | 0.89% |
| WASHINGTON ST WAS 02/45 FIXED 5 | 0.83% |
| NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/39 FIXED 4 | 0.83% |
| DIST OF COLUMBIA INCOME TAX SE DISGEN 03/40 FIXED 4 | 0.78% |
Sector mix
Price chart
Returns
| 1 month | -0.30% |
| 3 months | +0.17% |
| 6 months | -0.56% |
| Year to date | -0.11% |
| 1 year | +3.75% |
| 3 years (ann.) | +0.17% |
| 5 years (ann.) | -1.66% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 3.25% |
| Sharpe (1y) | 1.15 |
| Sharpe (3y) | 0.06 |
| Sortino (1y) | 1.59 |
| Max drawdown (1y) | -3.59% |
| Max drawdown (5y) | -14.15% |
| Max drawdown (full) | -14.15% |
| Beta vs S&P 500 (1y) | 0.09 |
| Correlation vs S&P 500 (1y) | 0.34 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-07 | 2026-07-09 | USD 0.1294 |
| 2026-06-04 | 2026-06-08 | USD 0.1227 |
| 2026-05-06 | 2026-05-08 | USD 0.1204 |
| 2026-04-07 | 2026-04-09 | USD 0.1452 |
| 2026-03-05 | 2026-03-09 | USD 0.1289 |
| 2025-12-16 | 2025-12-18 | USD 0.1397 |
| 2025-12-01 | 2025-12-03 | USD 0.1226 |
| 2025-11-03 | 2025-11-05 | USD 0.1343 |
| 2025-10-01 | 2025-10-03 | USD 0.1456 |
| 2025-09-02 | 2025-09-04 | USD 0.1260 |
| 2025-08-01 | 2025-08-05 | USD 0.1445 |
| 2025-07-01 | 2025-07-03 | USD 0.1309 |
| 2025-06-02 | 2025-06-04 | USD 0.1322 |
| 2025-05-01 | 2025-05-05 | USD 0.1443 |
| 2025-04-01 | 2025-04-03 | USD 0.1267 |
| 2025-03-03 | 2025-03-05 | USD 0.1309 |
| 2025-02-03 | 2025-02-05 | USD 0.1403 |
| 2024-12-17 | 2024-12-19 | USD 0.1329 |
| 2024-12-02 | 2024-12-04 | USD 0.1239 |
| 2024-11-01 | 2024-11-05 | USD 0.1409 |
| 2024-10-01 | 2024-10-03 | USD 0.1255 |
| 2024-09-03 | 2024-09-05 | USD 0.1253 |
| 2024-08-01 | 2024-08-05 | USD 0.1374 |
| 2024-07-01 | 2024-07-03 | USD 0.1188 |
| 2024-06-03 | 2024-06-05 | USD 0.1255 |
| 2024-05-01 | 2024-05-03 | USD 0.1373 |
| 2024-04-01 | 2024-04-03 | USD 0.1126 |
| 2024-03-01 | 2024-03-05 | USD 0.1248 |
| 2024-02-01 | 2024-02-05 | USD 0.1288 |
| 2023-12-18 | 2023-12-21 | USD 0.1085 |
| 2023-12-01 | 2023-12-06 | USD 0.1006 |
| 2023-11-01 | 2023-11-06 | USD 0.1065 |
| 2023-10-02 | 2023-10-05 | USD 0.0967 |
| 2023-09-01 | 2023-09-07 | USD 0.0992 |
| 2023-08-01 | 2023-08-04 | USD 0.0908 |
| 2023-07-03 | 2023-07-07 | USD 0.1003 |
| 2023-06-01 | 2023-06-06 | USD 0.1049 |
| 2023-05-01 | 2023-05-04 | USD 0.0926 |
| 2023-04-03 | 2023-04-06 | USD 0.0990 |
| 2023-03-01 | 2023-03-07 | USD 0.0869 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
