AVMU vs SLX

Comparison between AVANTIS CORE MUNICIPAL FIXED INCOME ETF (AVMU, ETF) and VANECK STEEL ETF (SLX, ETF).

5-Year PerformanceSLX has outperformed AVMU, delivering a return of +15.0% compared to +1.0%

AVMU vs SLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVMU(ETF)	SLX(ETF)
Net Assets	$159M	$159M
Expense Ratio	0.15%	0.55%
Max Drawdown	14.15%	85.83%
Sharpe Ratio	1.37	2.11
5Y Beta	0.03	1.08
P/E Ratio	N/A	13.22
Forward P/E	N/A	13.98
PEG Ratio	N/A	0.09
5Y Dividends CAGR	61.64%	9.75%
5Y EPS CAGR	N/A	17.63%
Debt to Equity	N/A	31.44%
P/S Ratio	N/A	0.00
P/B Ratio	N/A	1.68

Net Assets

AVMU

$159M

SLX

$159M

Expense Ratio

Winner

AVMU

0.15%

SLX

0.55%

Max Drawdown

Winner

AVMU

14.15%

SLX

85.83%

Sharpe Ratio

AVMU

1.37

Winner

SLX

2.11

5Y Beta

Winner

AVMU

0.03

SLX

1.08

P/E Ratio

AVMU

N/A

SLX

13.22

Forward P/E

AVMU

N/A

SLX

13.98

PEG Ratio

AVMU

N/A

SLX

0.09

5Y Dividends CAGR

Winner

AVMU

61.64%

SLX

9.75%

5Y EPS CAGR

AVMU

N/A

SLX

17.63%

Debt to Equity

AVMU

N/A

SLX

31.44%

P/S Ratio

AVMU

N/A

SLX

0.00

P/B Ratio

AVMU

N/A

SLX

1.68

AVMU vs SLX - Historical Returns

Returns include dividend reinvestment.

Period	AVMU	SLX
1 month	+0.56%	+1.86%
3 months	+0.26%	+14.48%
6 months	+2.79%	+32.61%
1 year	+8.31%	+68.38%
5 years(CAGR)	+0.96%	+14.99%
10 years(CAGR)	N/A	+18.75%
Max(CAGR)	+0.93%	+8.03%

AVMU

+0.56%

Winner

SLX

+1.86%

AVMU

+0.26%

Winner

SLX

+14.48%

AVMU

+2.79%

Winner

SLX

+32.61%

AVMU

+8.31%

Winner

SLX

+68.38%

5Y(CAGR)

AVMU

+0.96%

Winner

SLX

+14.99%

10Y(CAGR)

AVMU

N/A

SLX

+18.75%

Max(CAGR)

AVMU

+0.93%

Winner

SLX

+8.03%

AVMU vs SLX - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	AVMU	SLX
2026	+1.58%	+23.45%
2025	+3.68%	+48.28%
2024	+1.83%	-17.15%
2023	+4.92%	+33.22%
2022	-7.26%	+14.39%
2021	+0.26%	+25.29%
2020	+0.19%	+19.62%
2019	N/A	+10.56%
2018	N/A	-22.43%
2017	N/A	+20.83%
2016	N/A	+99.31%
2015	N/A	-41.29%
2014	N/A	-24.86%
2013	N/A	+0.46%
2012	N/A	-1.01%
2011	N/A	-34.07%
2010	N/A	+14.62%
2009	N/A	+97.11%
2008	N/A	-63.20%
2007	N/A	+89.41%
2006	N/A	+10.38%

AVMU vs SLX Drawdown Comparison

The maximum drawdown for AVMU was -12.41%, occurring on Oct 25, 2022. Recovery took 1062 trading sessions.

The maximum drawdown for SLX was -82.16%, occurring on Jan 25, 2016. Recovery took 3699 trading sessions.

The current AVMU drawdown is -0.50%. The current SLX drawdown is -6.08%.

Rank	AVMU	SLX
#1	-12.41% Jul 19, 2021 - Oct 9, 2025	-82.16% May 16, 2008 - Jan 26, 2023
#2	-3.32% Feb 27, 2026 - Mar 27, 2026	-27.39% Dec 27, 2023 - Jul 22, 2025
#3	-2.18% Feb 11, 2021 - Jun 10, 2021	-23.74% Jul 12, 2007 - Sep 18, 2007
#4	-0.74% Oct 27, 2025 - Dec 16, 2025	-21.19% Dec 10, 2007 - Feb 22, 2008
#5	-0.59% Jun 10, 2021 - Jul 7, 2021	-20.93% Mar 3, 2023 - Jul 25, 2023
#6	-0.40% Jan 15, 2026 - Jan 27, 2026	-16.35% Feb 11, 2026 - Apr 22, 2026
#7	-0.30% Jan 5, 2021 - Jan 26, 2021	-15.61% Jul 25, 2023 - Dec 1, 2023
#8	-0.19% Dec 29, 2025 - Jan 2, 2026	-12.00% Oct 29, 2007 - Dec 7, 2007
#9	-0.14% Feb 17, 2026 - Feb 20, 2026	-11.43% Feb 28, 2008 - Apr 4, 2008
#10	-0.13% Jul 8, 2021 - Jul 15, 2021	-10.12% Feb 26, 2007 - Mar 21, 2007
#11	-0.12% Feb 10, 2026 - Feb 12, 2026	-10.02% Jul 23, 2025 - Oct 3, 2025
#12	-0.11% Dec 14, 2020 - Dec 28, 2020	-7.05% Dec 5, 2006 - Jan 23, 2007
#13	-0.11% Jan 2, 2026 - Jan 6, 2026	-6.54% Jun 1, 2007 - Jul 2, 2007
#14	-0.07% Oct 9, 2025 - Oct 13, 2025	-6.37% Feb 1, 2023 - Mar 2, 2023
#15	-0.05% Jan 28, 2021 - Feb 1, 2021	-6.08% Jun 2, 2026 - Jun 5, 2026

Correlation

Correlation between AVMU and SLX is 0.56 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.56

-101

Dividend Comparison (2006 - 2026)

AVMU vs SLX dividend yield comparison.

Year	AVMU	SLX
2026	1.45%	0.00%
2025	3.50%	1.55%
2024	3.32%	3.56%
2023	2.50%	2.80%
2022	1.29%	4.97%
2021	0.77%	7.07%
2020	0.00%	1.87%
2019	0.00%	3.44%
2018	0.00%	6.26%
2017	0.00%	2.50%
2016	0.00%	1.06%
2015	0.00%	5.35%
2014	0.00%	3.27%
2013	0.00%	1.98%
2012	0.00%	2.21%
2011	0.00%	2.40%
2010	0.00%	1.41%
2009	0.00%	1.60%
2008	0.00%	4.61%
2007	0.00%	0.57%
2006	0.00%	0.31%