SLX vs AVMU

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

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

SLX vs AVMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SLX

$159M

AVMU

$159M

Expense Ratio

SLX

0.55%

Winner

AVMU

0.15%

Max Drawdown

SLX

85.83%

Winner

AVMU

14.15%

Sharpe Ratio

Winner

SLX

2.11

AVMU

1.37

5Y Beta

SLX

1.08

Winner

AVMU

0.03

P/E Ratio

SLX

13.22

AVMU

N/A

Forward P/E

SLX

13.98

AVMU

N/A

PEG Ratio

SLX

0.09

AVMU

N/A

5Y Dividends CAGR

SLX

9.75%

Winner

AVMU

61.64%

5Y EPS CAGR

SLX

17.63%

AVMU

N/A

Debt to Equity

SLX

31.44%

AVMU

N/A

P/S Ratio

SLX

0.00

AVMU

N/A

P/B Ratio

SLX

1.68

AVMU

N/A

SLX vs AVMU - Historical Returns

Returns include dividend reinvestment.

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

Winner

SLX

+1.86%

AVMU

+0.56%

Winner

SLX

+14.48%

AVMU

+0.26%

Winner

SLX

+32.61%

AVMU

+2.79%

Winner

SLX

+68.38%

AVMU

+8.31%

5Y(CAGR)

Winner

SLX

+14.99%

AVMU

+0.96%

10Y(CAGR)

SLX

+18.75%

AVMU

N/A

Max(CAGR)

Winner

SLX

+8.03%

AVMU

+0.93%

SLX vs AVMU - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

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

SLX vs AVMU Drawdown Comparison

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

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

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

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

Correlation

Correlation between SLX and AVMU 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)

SLX vs AVMU dividend yield comparison.

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