AVMUvsSHYDETF Comparison
VS
Avantis Core Municipal Fixed Income ETF (AVMU) and VanEck Short High Yield Muni ETF (SHYD) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. AVMU is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.32% for SHYD. AVMU is down -1.21% year-to-date (YTD) with +$25M in YTD flows. SHYD performs better with 0.96% YTD performance, and +$69M in YTD flows. Run a side-by-side ETF comparison of AVMU and SHYD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
AVMU vs SHYD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | AVMU SHYD | -0.98%-0.01% | -2.54%-0.07% | -1.21%+0.96% | +3.88%+2.86% | +8.27%+12.42% | +1.46%+3.37% |
| Flows | AVMU SHYD | +$2M+$7M | +$14M+$35M | +$25M+$69M | +$23M+$113M | +$87M+$68M | +$149M+$95M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | AVMU SHYD | +3.38%+1.50% | +2.87%+1.57% | +4.11%+2.27% | +3.85%+2.39% |
| Max drawdown | AVMU SHYD | -3.11%-0.98% | -3.23%-2.14% | -6.27%-2.95% | -12.02%-12.22% |
| Max drawdown duration | AVMU SHYD | 58d58d | 184d123d | 276d114d | 1168d1421d |
Trading data
AVMU | SHYD | |
Last sale 9/2/2026 at 1:30 PM | $44.46 | $22.51 |
| Previous close 09/02/2026 | $44.49 | $22.55 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 3, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
AVMU
is actively managed and doesn’t replicate an indexAVMU | SHYD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
AVMU | SHYD | |
|---|---|---|
| Last price | $44.46 | $22.51 |
| 1D performance | -0.07% | -0.18% |
| AuM | $169.92 M | $454.66 M |
| E/R | 0.15% | 0.32% |
Characteristics
AVMU | SHYD | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | American Century Investments | VanEck |
| Benchmark | - | ICE 1-12 Year Broad High Yield Crossover Municipal Index |
| N° of holdings | 314 | 270 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 12, 2020 | January 13, 2014 |
| ESG | No | No |
Advertisement
Exposure
Countries
AVMU
USA
55.91%
Other
44.09%
SHYD
USA
57.85%
Other
42.15%
Sectors
AVMU
Municipal
55.91%
Other
44.09%
SHYD
Municipal
57.85%
Other
42.15%
Advertisement
Diversification
AVMU
Total weight of top 15 holdings out of 15
15.84%
SHYD
Total weight of top 15 holdings out of 15
13.22%
Top 15 holdings
Data as of July 31, 2026
AVMU
San Antonio, 4% 15sep2042, USD
2.16%
US47770VCC28
1.68%
US798025ML35
1.63%
Miami Beach, 5% 1sep2040, USD (2015)
1.50%
City of New York, 5% 1aug2032, USD (2025)
1.06%
Grand Parkway Transportation Corp., 4% 1oct2045, USD (2020C)
0.94%
Colorado, 4% 15dec2040, USD (2021A)
0.87%
State of Washington, 5% 1feb2045, USD (2026C)
0.82%
US64985TCL35
0.81%
District of Columbia, 4% 1mar2040, USD (2019A)
0.76%
New York Dormitory Authority, 5% 1jul2041, USD (2016A)
0.76%
US544532GP33
0.73%
University of Michigan, 4% 15feb2044, USD (2019C)
0.72%
Mississippi, 5% 1oct2029, USD (2017A)
0.72%
Delaware Valley Regional Finance Authority, 5.75% 1jul2032, USD
0.69%
SHYD
California Municipal Finance Authority, 4% 15jul2029, USD (2019)
1.58%
Patriots Energy Group Financing Agency, 5.25% 1oct2054, USD (2023A-1)
1.20%
Puerto Rico, 5.75% 1jul2031, USD
0.94%
Puerto Rico, 4% 1jul2033, USD
0.87%
Denver, 5% 1oct2032, USD (2017)
0.87%
US13034A7E44
0.84%
Greater Orlando Aviation Authority, 5.5% 1nov2037, USD (2025)
0.84%
US09182TGC53
0.81%
US05786PAA12
0.81%
Mission Economic Development Corp., 4.625% 1oct2031, USD (2018)
0.79%
New York Transportation Development Corp., 4% 1jul2035, USD (2016A)
0.77%
Puerto Rico, 5.625% 1jul2029, USD
0.74%
US74440DFN93
0.73%
US650116FD37
0.73%
Baldwin Industrial Development Authority, 4.3% 1mar2056, USD (2026A)
0.69%
Frequently asked questions about AVMU and SHYD
How have the AVMU and SHYD ETFs performed in 2026?
As of September 1, 2026, AVMU is down -1.21% year-to-date (YTD), while SHYD has returned 0.96%. That puts SHYD better performer ahead so far this year.
Which ETF is attracting more investor money: AVMU or SHYD?
Year-to-date, the AVMU ETF saw +$25M in flows, compared to +$69M for SHYD.
Which ETF is more volatile: AVMU or SHYD?
Over the past year, AVMU had a volatility of 2.87%, while SHYD experienced 1.57%.
Which ETF is bigger: AVMU or SHYD?
As of September 1, 2026, AVMU holds $169.92 M in assets under management (AUM), while SHYD manages $454.66 M.
What sectors do the AVMU and SHYD ETFs invest in?
AVMU leans toward sectors like Municipal. Meanwhile, SHYD focuses on Municipal.
What are the top holdings of the AVMU ETF and SHYD ETF?
AVMU top holdings include San Antonio, 4% 15sep2042, USD, US47770VCC28 and US798025ML35. SHYD holds in its top three: California Municipal Finance Authority, 4% 15jul2029, USD (2019), Patriots Energy Group Financing Agency, 5.25% 1oct2054, USD (2023A-1) and Puerto Rico, 5.75% 1jul2031, USD.
Which ETF is more diversified: AVMU or SHYD?
AVMU holds 540 securities with 15.84% of its assets in the top 15. SHYD has 514 securities and a top 15 weight of 13.22%.
Advertisement
Advertisement
