AVMUvsMUBETF Comparison
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Avantis Core Municipal Fixed Income ETF (AVMU) and iShares National Muni Bond ETF (MUB) belong to the same industry segment: Municipal Bonds. AVMU's top 1 sector exposures are Municipal. In contrast, MUB's top sector exposures are Municipal and Non-Corporate. AVMU is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.05% for MUB. AVMU is down -2.86% year-to-date (YTD) with +$28M in YTD flows. MUB performs better with -2.03% YTD performance, and +$11.48B in YTD flows. Run a side-by-side ETF comparison of AVMU and MUB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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AVMU vs MUB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | AVMU MUB | +0.22%-0.14% | -3.93%-3.29% | -2.86%-2.03% | -2.04%-1.45% | +9.27%+6.25% | +0.58%-2.01% |
| Flows | AVMU MUB | +$2M+$6.47B | +$7M+$7.36B | +$28M+$11.48B | +$28M+$13.13B | +$78M+$16.57B | +$151M+$30.97B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | AVMU MUB | +6.28%+5.07% | +3.77%+3.19% | +4.29%+3.67% | +4.04%+3.58% |
| Max drawdown | AVMU MUB | -6.96%-5.73% | -7.85%-6.40% | -7.85%-6.40% | -11.89%-11.55% |
| Max drawdown duration | AVMU MUB | 92d92d | 229d102d | 229d102d | 1062d1488d |
Trading data
AVMU | MUB | |
Last sale 10/16/2026 at 1:30 PM | $43.46 | $102.35 |
| Previous close 10/15/2026 | $43.65 | $102.48 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 19, 2026
1-year trailing difference
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AVMU
is actively managed and doesn’t replicate an indexAVMU | MUB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
AVMU | MUB | |
|---|---|---|
| Last price | $43.46 | $102.35 |
| 1D performance | -0.44% | -0.13% |
| AuM | $168.27 M | $51.05 B |
| E/R | 0.15% | 0.05% |
Characteristics
AVMU | MUB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | American Century Investments | iShares |
| Benchmark | - | ICE AMT-Free US National Municipal Index |
| N° of holdings | 310 | 3823 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 12, 2020 | September 7, 2007 |
| ESG | No | No |
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Exposure
Countries
AVMU
USA
54.88%
Other
45.12%
MUB
USA
56.95%
Other
43.05%
Sectors
AVMU
Municipal
54.88%
Other
45.12%
MUB
Municipal
56.94%
Other
43.06%
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Diversification
AVMU
Total weight of top 15 holdings out of 15
15.55%
MUB
Total weight of top 15 holdings out of 15
1.93%
Top 15 holdings
Data as of August 31, 2026
AVMU
San Antonio, 4% 15sep2042, USD
2.09%
US47770VCC28
1.66%
US798025ML35
1.56%
Miami Beach, 5% 1sep2040, USD (2015)
1.49%
City of New York, 5% 1aug2032, USD (2025)
1.06%
Grand Parkway Transportation Corp., 4% 1oct2045, USD (2020C)
0.92%
Colorado, 4% 15dec2040, USD (2021A)
0.85%
US64985TCL35
0.81%
State of Washington, 5% 1feb2045, USD (2026C)
0.80%
District of Columbia, 4% 1mar2040, USD (2019A)
0.74%
New York Dormitory Authority, 5% 1jul2041, USD (2016A)
0.74%
US544532GP33
0.72%
Mississippi, 5% 1oct2029, USD (2017A)
0.72%
University of Michigan, 4% 15feb2044, USD (2019C)
0.71%
Delaware Valley Regional Finance Authority, 5.75% 1jul2032, USD
0.69%
MUB
University of Texas, 5% 15aug2036, USD (2025B)
0.19%
US79642GTU66
0.15%
US650028ZA41
0.15%
New York Dormitory Authority, 4% 15feb2047, USD (2019D)
0.13%
Houston Higher Education Finance Corp., 5% 15may2034, USD (2024)
0.13%
New Jersey, 5% 1jun2028, USD
0.13%
Northwest Independent School District, 5.25% 15feb2055, USD (2025)
0.13%
Ohio State University, 5% 1jun2035, USD (2026)
0.12%
California, 5% 1sep2031, USD
0.12%
US93974EVY93
0.12%
Illinois, 5% 1nov2027, USD (2017D)
0.11%
East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)
0.11%
Chicago Transit Authority, 5% 1dec2049, USD (2024A)
0.11%
US812643ZK32
0.11%
US89602RPH20
0.11%
Frequently asked questions about AVMU and MUB
How have the AVMU and MUB ETFs performed in 2026?
As of October 16, 2026, AVMU is down -2.86% year-to-date (YTD), while MUB has lost -2.03%. That puts MUB better performer ahead so far this year.
Which ETF is attracting more investor money: AVMU or MUB?
Year-to-date, the AVMU ETF saw +$28M in flows, compared to +$11.48B for MUB.
Which ETF is more volatile: AVMU or MUB?
Over the past year, AVMU had a volatility of 3.77%, while MUB experienced 3.19%.
Which ETF is bigger: AVMU or MUB?
As of October 16, 2026, AVMU holds $168.27 M in assets under management (AUM), while MUB manages $51.05 B.
What sectors do the AVMU and MUB ETFs invest in?
AVMU leans toward sectors like Municipal. Meanwhile, MUB focuses on Municipal.
What are the top holdings of the AVMU ETF and MUB ETF?
AVMU top holdings include San Antonio, 4% 15sep2042, USD, US47770VCC28 and US798025ML35. MUB holds in its top three: University of Texas, 5% 15aug2036, USD (2025B), US79642GTU66 and US650028ZA41.
Which ETF is more diversified: AVMU or MUB?
AVMU holds 543 securities with 15.55% of its assets in the top 15. MUB has 6873 securities and a top 15 weight of 1.93%.
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Latest news about AVMU & MUB
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