Avantis Core Fixed Income ETF

AVIG is a Global Bonds ETF. The fund invests primarily in investment grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers. The funds investment process uses an analytical framework, which includes an assessment of securities expected income and capital appreciation, to seek securities with high expected returns. The portfolio managers categorize securities within the fund s investment universe into component groups based on factors such as industry sector, credit rating, duration, country, and currency. The portfolio managers then calculate the expected return implied by the yield curve of each component group, while considering valuation metrics such as yield, duration, and option adjusted spreads. Finally, the portfolio managers adjust the portfolio to arrive at position weightings for each component group with the goal of building a portfolio with enhanced expected return. Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities. Fixed income securities in which the fund may invest include corporate bonds and notes issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations including supranational organizations. The fund may also invest in derivative instruments such as futures contracts or swap agreements, including credit default swaps, credit default swap indexes, and total return swaps. The fund expects to maintain a weighted average duration within 2 years of the weighted average duration of its benchmark, the Bloomberg Barclays U.S. Aggregate Bond index, as calculated by the manager. Duration is used to assess the sensitivity of a security s price to changes in interest rates. The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index.

Yes, AVIG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, AVIG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AVIG is -0.0129%. This is the percent change in the value of AVIG over the most recent 1-month period. The 3-month return on AVIG is -0.0309%. This is the percent change in the value of AVIG over the most recent 3-month period.

The standard deviation of AVIG for the past year is 0.0798%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AVIG include GSY, GVI, and BLV.

ETFs correlated to AVIG include BND, AGG, and BIV.

ETFs that are inversely correlated to AVIG include PST, TBX, and TTT.