Avantis Short-Term Fixed Income ETF (AVSF) Performance
AVSF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.5% since Dec 31, 2025
- 1 year
- +1.2% total return
- 5 years
- +2.0% a year
- Since first price
- +1.6% a year since 2020
AVSF trailing returns vs AGG, TLT, SPY
| Period | AVSF total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.3% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.1% | −0.9% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.0% | −2.1% | −1.5% | −3.8% | +7.8% |
| YTD | +0.5% | −2.7% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.2% | −3.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +15.0%+4.8%/yr | +1.0% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +10.3%+2.0%/yr | −7.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionOct 15, 2020 | +9.8%+1.6%/yr | −8.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AVSF vs AGG
From Oct 15, 2020: AVSF grew to $10,983, AGG to $9,772.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AVSF returns by calendar year
3 of 5 full years positive. Best 2025 (+6.6%), worst 2022 (−5.5%). 2026 is year to date.
AVSF annual returns table
| Year | AVSF | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.5% | −1.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.6% | −1.1% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.8% | −1.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.3% | −1.8% | +5.7% | +2.8% | +26.2% |
| 2022 | −5.5% | −7.6% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.2% | −1.5% | −1.8% | −4.6% | +28.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AVSF largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 3, 2021 | −8.8% | Oct 20, 2022 | Jul 11, 2024 | 1.2 years | 2.9 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
AVSF risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +4.5% | +1.7% | +1.5% |
| Volatility (annualized) | 2.3% | 2.9% | 2.7% |
| Sharpe ratio | 0.02 | -0.67 | -0.59 |
| Sortino ratio | 0.02 | -0.80 | -0.71 |
| Best month | +1.8% | +1.8% | +1.8% |
| Worst month | −1.2% | −1.9% | −1.9% |
| Best 12 months | +8.1% | +8.1% | +8.1% |
| Worst 12 months | +0.9% | −7.5% | −7.5% |
| Positive months | 81% | 62% | 59% |
| Beta vs S&P 500 | 0.08 | 0.10 | — |
| Correlation with S&P 500 | 0.43 | 0.55 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AVSF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 61 | −7.5% | +3.5% | +8.1% | 70% |
| 3-year (a year) | 37 | −1.5% | +3.4% | +5.5% | 76% |
| 5-year (a year) | 13 | +1.6% | +1.9% | +2.0% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
AVSF performance overview
Avantis Short-Term Fixed Income ETF (AVSF) returned +1.2% over the past year and +2.0% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +1.6% a year, turning $10,000 into about $10,983. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −8.8%, from Aug 3, 2021 to Oct 20, 2022, and it took 1.7 years to get back to the old high. AVSF finished 3 of its 5 full calendar years with a gain; the best year was 2025 (+6.6%) and the worst 2022 (−5.5%). Volatility has been 2.7% a year.
Related: AVSF chart, AVSF dividends, AVSF bond profile. See the AVSF overview for the latest quote and fund facts.
AVSF performance FAQ
What is the AVSF return over the past year?
AVSF returned +1.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.1%.
What is the average annual return of AVSF?
AVSF has returned +2.0% a year over 5 years, +1.6% a year since October 15, 2020 (total return, distributions reinvested).
How much would $10,000 invested in AVSF be worth?
$10,000 invested in AVSF at its first recorded close on October 15, 2020 would be worth about $10,983 on October 23, 2026 with distributions reinvested.
What was the worst year for AVSF?
The worst calendar year was 2022, with a total return of −5.5%. The best was 2025 at +6.6%.
What is the biggest drawdown of AVSF?
The largest peak-to-trough decline was −8.8% between August 3, 2021 and October 20, 2022. It recovered to the old high on July 11, 2024, 1.7 years after the bottom.
How volatile is AVSF?
Over the past 3 years AVSF had an annualized volatility of 2.3% and a Sharpe ratio of 0.02 (excess return over 1–3 month T-bills per unit of risk).