TAXF vs AVNM

Comparison between AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF) and AVANTIS ALL INTERNATIONAL MARKETS EQUITY ETF (AVNM, ETF).

TAXF vs AVNM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TAXF(ETF)	AVNM(ETF)
Net Assets	$660M	$660M
Expense Ratio	0.27%	0.31%
Max Drawdown	15.69%	14.35%
Sharpe Ratio	1.20	1.80
5Y Beta	0.03	0.73
5Y Dividends CAGR	11.45%	N/A

Net Assets

TAXF

$660M

Winner

AVNM

$660M

Expense Ratio

Winner

TAXF

0.27%

AVNM

0.31%

Max Drawdown

TAXF

15.69%

Winner

AVNM

14.35%

Sharpe Ratio

TAXF

1.20

Winner

AVNM

1.80

5Y Beta

Winner

TAXF

0.03

AVNM

0.73

5Y Dividends CAGR

TAXF

11.45%

AVNM

N/A

TAXF vs AVNM - Historical Returns

Returns include dividend reinvestment.

Period	TAXF	AVNM
1 month	+1.54%	+3.28%
3 months	+1.42%	+11.50%
6 months	+2.34%	+17.85%
1 year	+7.70%	+35.78%
5 years(CAGR)	+1.08%	N/A
Max(CAGR)	+2.90%	+22.63%

TAXF

+1.54%

Winner

AVNM

+3.28%

TAXF

+1.42%

Winner

AVNM

+11.50%

TAXF

+2.34%

Winner

AVNM

+17.85%

TAXF

+7.70%

Winner

AVNM

+35.78%

5Y(CAGR)

TAXF

+1.08%

AVNM

N/A

Max(CAGR)

TAXF

+2.90%

Winner

AVNM

+22.63%

TAXF vs AVNM - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	TAXF	AVNM
2026	+1.94%	+14.32%
2025	+3.92%	+38.43%
2024	+2.02%	+6.71%
2023	+6.98%	+8.62%
2022	-9.59%	N/A
2021	+2.77%	N/A
2020	+5.37%	N/A
2019	+8.75%	N/A
2018	+0.64%	N/A

TAXF vs AVNM Drawdown Comparison

The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.

The maximum drawdown for AVNM was -14.03%, occurring on Apr 8, 2025. Recovery took 31 trading sessions.

The current TAXF drawdown is -0.23%. The current AVNM drawdown is -0.40%.

Rank	TAXF	AVNM
#1	-13.94% Jul 19, 2021 - Sep 10, 2025	-14.03% Mar 19, 2025 - May 2, 2025
#2	-13.39% Mar 9, 2020 - Nov 23, 2020	-11.59% Feb 25, 2026 - May 6, 2026
#3	-2.93% Feb 27, 2026 - Mar 24, 2026	-10.53% Jul 31, 2023 - Dec 14, 2023
#4	-2.03% Feb 12, 2021 - May 25, 2021	-9.45% Sep 26, 2024 - Mar 7, 2025
#5	-1.58% Sep 4, 2019 - Dec 27, 2019	-8.03% Jul 12, 2024 - Aug 23, 2024
#6	-0.97% Sep 12, 2018 - Dec 4, 2018	-5.17% Jun 2, 2026 - Jun 10, 2026
#7	-0.55% Jun 10, 2021 - Jul 7, 2021	-4.61% Nov 12, 2025 - Dec 10, 2025
#8	-0.47% Jan 15, 2026 - Jan 30, 2026	-4.33% Apr 9, 2024 - May 6, 2024
#9	-0.43% Nov 11, 2025 - Nov 26, 2025	-4.32% Dec 27, 2023 - Feb 16, 2024
#10	-0.41% Nov 26, 2025 - Dec 23, 2025	-3.92% Aug 23, 2024 - Sep 19, 2024
#11	-0.32% Aug 15, 2019 - Aug 28, 2019	-3.66% Jul 23, 2025 - Aug 12, 2025
#12	-0.32% Sep 18, 2025 - Oct 1, 2025	-3.41% May 20, 2024 - Jul 11, 2024
#13	-0.30% Oct 24, 2025 - Nov 11, 2025	-3.35% Oct 6, 2025 - Oct 24, 2025
#14	-0.28% Jan 7, 2019 - Jan 14, 2019	-3.13% May 11, 2026 - May 26, 2026
#15	-0.27% Jan 31, 2020 - Feb 14, 2020	-2.69% Jul 3, 2023 - Jul 12, 2023