Skip to content
etf.net

AVGB

GradeBNASDAQ Global Market

Avantis Credit ETF

Corporate Bond · Avantis · Inception 2025-04-15

$49.77−0.35 (−0.70%)

As of Sep 23, 2026, 1:19 PM EDT

History starts Apr 17, 2025.
Intraday session: down, 19 prints from 50.12 to 49.77. Range 49.77 to 50.03. Use the arrow keys to read each point.$49.90$50.0010 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$63M
1Y return
+1.2%
Yield · Last 12 months
4.30%
Holdings
164
Volume · 30D
0M sh
NAV per share
$50.08
52W range
low $49.89high $52.07

The ETF.net AVGB Grade

B

63/ 100

Rank 21 of 49 in Investment Grade Corporate⁠

Confidence High

Six-pillar profile for AVGB. Scores out of 100: Cost 67, Risk 61, Mission 85, Tradability 54, Holdings 24, Durability 45. Strongest: Mission (85). Weakest: Holdings (24). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank16/49 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 85
    Category rank33/45 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 61
    Category rank12/49 · top 24%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 54
    Category rank19/49 · top 39%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 24
    Category rank42/49 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank33/49 · mid-pack

Graded as of Sep 22, 2026

Our read on AVGB

ETF.net Research

BA 2025 arrival from Avantis: roughly 160 investment-grade credit holdings run to a one-line mandate (maximize total return), developed-market issuers included, at a fee sitting right on the category median.

Stated mandate

The fund seeks to maximize total return.

Why people hold it

  1. 01The mandate is refreshingly plain: maximize total return from a credit portfolio of roughly 160 holdings, not a thousand-line index replica.res.avantisinvestors.com
  2. 020.19% a year lands exactly on the median fee for investment-grade corporate bond ETFs. No newcomer premium for the newer approach.
  3. 03The credit net stretches past US borders into developed international issuers, wider than a purely domestic corporate lineup.res.avantisinvestors.com
  4. 04Cash comes quarterly, with no advertised target yield to reverse-engineer. Payouts follow what the bonds throw off.res.avantisinvestors.com

Worth knowing

  1. 01The index heavyweights in this category charge a sliver of that fee: VCIT at 0.03%, USIG, SPIB and IGIB at 0.04%.
  2. 02Still a small, thinly traded fund, so bid-ask spreads can run wider than the category's giants and trade size matters more.
  3. 03It opened in April 2025. That is a thin track record next to peers with decades of behavior on the tape.

AVGB Holdings

As of Sep 22, 2026, 9:42 PM
Asset class
Bonds
Holdings
164
Top-10 weight
12%
Largest holding
SSC GOVERNMENT MM GVMXX1.7%

Geography

  • United States80.64%
  • France7.07%
  • Canada6.55%
  • Germany3.42%
  • Italy1.07%
  • Switzerland1.03%
  • Denmark0.22%
The fund’s holdings, weight-ordered — page 1 of 16.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SSC GOVERNMENT MM GVMXX1.71%1,081,131$1M89
002—SVENSKA HANDELSBANKEN AB REGS 04/33 3.51.40%800,000$884K7
003—ROYAL BANK OF CANADA SR UNSECURED 02/34 5.151.27%815,000$804K31
004—TREASURY BILL 09/26 0.000001.19%750,000$750K21
005—TREASURY BILL 10/26 0.000001.18%750,000$748K27
006—TREASURY BILL 10/26 0.000001.18%750,000$747K20
007—TREASURY BILL 11/26 0.000001.18%750,000$745K19
008—DHL AG SR UNSECURED REGS 12/28 1.6251.05%600,000$664K6
009—NATIONAL RURAL UTIL COOP SR UNSECURED 08/28 4.150.98%630,000$620K29
010—NESTLE HOLDINGS INC COMPANY GUAR 144A 09/28 3.6250.97%630,000$614K19
011—TREASURY BILL 11/26 0.000000.94%600,000$597K16
012—TREASURY BILL 11/26 0.000000.94%600,000$596K16
013—EQUINIX INC SR UNSECURED 11/29 3.20.93%625,000$585K42
014—BPCE SA REGS 03/33 VAR0.89%500,000$562K7
015—AXA SA SR UNSECURED REGS 01/33 3.6250.89%500,000$562K8

Showing 1–15 of 237 holdings

AVGB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

AVGB$10,122
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. AVGB $10,122. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AVGB. Periods over one year show the average yearly return.
PeriodAVGB
Year to date+0.1%
1 month−0.7%
3 months−0.7%
1 year+1.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AVGB
YearReturn barAVGB
2026 YTD+0.1%
2025+4.9%

History from Apr 17, 2025

AVGB in the news

ETF.net Research hasn’t filed on AVGB yet — coverage lands here as it’s written.

AVGB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.30%Last 12 months
Payout per share
$2.16Last 12 months
Last payment
$0.50 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 5 payments from 2025 to 2026 YTD. Jun 24, 2025 $0.39; Sep 23, 2025 $0.33; Dec 16, 2025 $1.06; Jun 9, 2026 $0.27; Sep 8, 2026 $0.50. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.50
Jun 9, 2026Jun 11, 2026$0.27
Dec 16, 2025Dec 18, 2025$1.06
Sep 23, 2025Sep 25, 2025$0.33
Jun 24, 2025Jun 26, 2025$0.39

AVGB Risk

How much the fund’s monthly returns vary, scaled to a year.
2.1%
Annualised · 16 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.14
vs 3-month T-bills · 16 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−2.1%
17 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AVGB Cost

Expense ratio0.19%
  • The middle half of Investment Grade Corporate funds
  • Median 0.30%

15 of the 49 Investment Grade Corporate funds charge less.

AVGB costs $19.00 a year on $10,000. The median Investment Grade Corporate fund costs $30.00.