AVMU Performance — Avantis Core Municipal Fixed Income ETF
Data updated: 2026-07-29
AVMU returned +1.37% year to date and +7.46% over one year to May 2026. Annualised returns are +3.58% over 3 years and +0.93% over 5 years. Against its Intermediate Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $111, against $111 for the category, and to $107 over one year, against $106. Volatility over the past three years was 5.30% a year. In the 12 months to May 2026 the fund took in a net $9.3M, and assets reached $161.96M.
AVMU Growth of $100
What $100 invested in Avantis Core Municipal Fixed Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | AVMU | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $106 |
| 3 years (Jun 2023 – May 2026) | $111 | $111 |
| 5 years (Jun 2021 – May 2026) | $105 | $104 |
| Since data start (Dec 2020 – May 2026) | $105 | $106 |
AVMU Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.37% |
| 1 year | +7.46% |
| 3 years (annualised) | +3.58% |
| 5 years (annualised) | +0.93% |
AVMU Annual Returns
Calendar-year total returns of Avantis Core Municipal Fixed Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.37% |
| 2025 | +3.90% |
| 2024 | +1.74% |
| 2023 | +5.23% |
| 2022 | −7.56% |
| 2021 | +0.52% |
| 2020 (Dec–Dec) | +0.27% |
AVMU Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.2% | −2.2% | +1.1% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.2% | +1.0% | −2.1% | −0.6% | −0.5% | +0.7% | −0.6% | +0.9% | +2.9% | +1.5% | +0.3% | +0.3% |
| 2024 | −0.1% | 0.0% | 0.0% | −0.7% | −0.2% | +1.2% | +0.7% | +0.6% | +0.9% | −1.0% | +1.4% | −1.0% |
| 2023 | +2.6% | −2.2% | +2.0% | −0.2% | −0.7% | +0.8% | +0.2% | −0.9% | −2.7% | −1.3% | +6.0% | +1.9% |
| 2022 | −2.7% | −0.5% | −3.0% | −2.7% | +1.7% | −1.6% | +2.7% | −2.2% | −3.2% | −0.5% | +4.7% | −0.1% |
| 2021 | +0.2% | −1.8% | +0.4% | +0.8% | +0.3% | +0.2% | +0.8% | −0.3% | −0.8% | −0.2% | +0.8% | +0.1% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | +0.3% |
AVMU Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.30%
- 3-year Sharpe ratio: -0.17 (vs 4.5% risk-free rate)
- Best month: +6.04% (Nov 2023)
- Worst month: −2.75% (Sep 2023)
AVMU Fund Flows
Monthly money in and out of Avantis Core Municipal Fixed Income ETF, from SEC Form N-PORT.
- 12-month net flow: $9.3M
- 12-month gross sales (incl. reinvestments): $16.3M
- Sales ÷ redemptions: 2.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.3M | $0 | $2.3M |
| Apr 2026 | $2.3M | $0 | $2.3M |
| Mar 2026 | $2.3M | $0 | $2.3M |
| Feb 2026 | $4.7M | $0 | $4.7M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $4.6M | $0 | $4.6M |
| Nov 2025 | $0 | $4.6M | −$4.6M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $2.3M | −$2.3M |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $0 | $0 | $0 |
AVMU Assets Under Management
Net assets of Avantis Core Municipal Fixed Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $161.96M |
| 2026-02-28 | $157.44M |
| 2025-11-30 | $145.93M |
| 2025-08-31 | $147.35M |
| 2025-05-31 | $147.26M |
| 2025-02-28 | $155.71M |
| 2024-11-30 | $147.35M |
| 2024-08-31 | $144.29M |
| 2024-05-31 | $141.95M |
| 2024-02-29 | $139.92M |
| 2023-11-30 | $129.20M |
| 2023-08-31 | $86.75M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.