AVIG vs FMB

Comparison between AVANTIS CORE FIXED INCOME ETF (AVIG, ETF) and FIRST TRUST MANAGED MUNICIPAL ETF (FMB, ETF).

5-Year PerformanceFMB has outperformed AVIG, delivering a return of +0.6% compared to +0.1%

AVIG vs FMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVIG(ETF)	FMB(ETF)
Net Assets	$1.90B	$2B
Expense Ratio	0.15%	0.39%
Max Drawdown	23.45%	16.84%
Sharpe Ratio	0.36	1.13
5Y Beta	0.06	0.02
5Y Dividends CAGR	42.57%	8.25%

Net Assets

AVIG

$1.90B

Winner

FMB

$2B

Expense Ratio

Winner

AVIG

0.15%

FMB

0.39%

Max Drawdown

AVIG

23.45%

Winner

FMB

16.84%

Sharpe Ratio

AVIG

0.36

Winner

FMB

1.13

5Y Beta

AVIG

0.06

Winner

FMB

0.02

5Y Dividends CAGR

Winner

AVIG

42.57%

FMB

8.25%

AVIG vs FMB - Historical Returns

Returns include dividend reinvestment.

Period	AVIG	FMB
1 month	+0.29%	+0.65%
3 months	+0.49%	+1.02%
6 months	+0.79%	+2.21%
1 year	+4.73%	+6.60%
5 years(CAGR)	+0.05%	+0.63%
10 years(CAGR)	N/A	+2.27%
Max(CAGR)	-0.09%	+2.96%

AVIG

+0.29%

Winner

FMB

+0.65%

AVIG

+0.49%

Winner

FMB

+1.02%

AVIG

+0.79%

Winner

FMB

+2.21%

AVIG

+4.73%

Winner

FMB

+6.60%

5Y(CAGR)

AVIG

+0.05%

Winner

FMB

+0.63%

10Y(CAGR)

AVIG

N/A

FMB

+2.27%

Max(CAGR)

AVIG

-0.09%

Winner

FMB

+2.96%

AVIG vs FMB - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	AVIG	FMB
2026	+0.36%	+1.67%
2025	+7.93%	+3.55%
2024	+2.00%	+2.11%
2023	+5.87%	+6.09%
2022	-13.37%	-9.81%
2021	-2.02%	+2.41%
2020	+0.96%	+4.36%
2019	N/A	+8.01%
2018	N/A	+1.23%
2017	N/A	+7.24%
2016	N/A	+1.40%
2015	N/A	+4.50%
2014	N/A	+4.26%

AVIG vs FMB Drawdown Comparison

The maximum drawdown for AVIG was -19.64%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for FMB was -14.16%, occurring on Oct 26, 2022. Recovery took 1067 trading sessions.

The current AVIG drawdown is -1.44%. The current FMB drawdown is -0.49%.

Rank	AVIG	FMB
#1	-19.64% Dec 31, 2020 - Oct 20, 2022	-14.16% Jul 19, 2021 - Oct 16, 2025
#2	-0.82% Nov 5, 2020 - Nov 20, 2020	-13.92% Mar 6, 2020 - Dec 3, 2020
#3	-0.64% Oct 15, 2020 - Nov 4, 2020	-6.01% Sep 7, 2016 - Jun 6, 2017
#4	-0.42% Nov 30, 2020 - Dec 22, 2020	-2.73% Feb 27, 2026 - Mar 26, 2026
#5	-0.10% Nov 20, 2020 - Nov 27, 2020	-2.10% Feb 10, 2021 - May 25, 2021
#6	-0.04% Dec 22, 2020 - Dec 24, 2020	-2.01% Aug 15, 2018 - Dec 7, 2018
#7	N/A	-2.00% Apr 14, 2015 - Oct 7, 2015
#8	N/A	-1.96% Dec 6, 2017 - Jul 13, 2018
#9	N/A	-1.59% Jan 28, 2015 - Mar 19, 2015
#10	N/A	-1.51% Oct 30, 2014 - Dec 12, 2014
#11	N/A	-1.48% Sep 3, 2019 - Oct 8, 2019
#12	N/A	-1.34% Oct 8, 2019 - Jan 3, 2020
#13	N/A	-1.20% May 16, 2014 - Jun 26, 2014
#14	N/A	-1.16% Jun 26, 2014 - Jul 28, 2014
#15	N/A	-1.05% Feb 19, 2016 - Apr 4, 2016

Correlation

Correlation between AVIG and FMB is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2014 - 2026)

AVIG vs FMB dividend yield comparison.

Year	AVIG	FMB
2026	1.77%	1.51%
2025	4.36%	3.37%
2024	4.66%	3.22%
2023	4.06%	2.98%
2022	2.53%	2.47%
2021	1.12%	1.96%
2020	0.22%	2.19%
2019	0.00%	2.47%
2018	0.00%	2.58%
2017	0.00%	2.49%
2016	0.00%	2.93%
2015	0.00%	3.07%
2014	0.00%	1.70%