ETF Evaluator:
Avantis Credit ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Global Bond-USD Hedged Over the Last Year
| 3.5% | JPMorgan International Bond Opps ETF (JPIB) |
| 3.3% | iShares Global Govt Bd USD Hdg Act ETF (GGOV) |
| 3.3% | Dimensional Global Credit ETF (DGCB) |
| 3.2% | Avantis Credit ETF (AVGB) |
| 3.1% | Dimensional Global Core Pls Fxd Inc ETF (DFGP) |
Risk
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Risk
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ETF Details
Avantis Credit ETF Overview
Avantis Credit ETF (AVGB) is an actively managed Taxable Bond Global Bond-USD Hedged exchange-traded fund (ETF). Avantis Investors launched the ETF in 2025.
The investment seeks to maximize total return.
The fund invests primarily in investment grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers. 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 as part of its principal strategy are 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.
About Avantis Credit ETF (AVGB)
There are 4 members of the management team with an average tenure of 1.29 years: Daniel Ong (2025), Mitchell Handa (2025), Hozef Arif (2025) and Eduardo Repetto (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Avantis Credit ETF has 155 securities in its portfolio. The top 10 holdings constitute 13.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Avantis Credit ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Avantis Credit ETF has 37.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 93.4% (55.7% domestic bond, 37.8% foreign bond and 0.0% convertible bond). Avantis Credit ETF has 6.6% of the portfolio in cash.
Assets Under Management
The fund has $20 million in total assets, which is below the $7 billion average for the Global Bond-USD Hedged category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
AVGB Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Avantis Credit ETF expense ratio is low compared to funds in the Global Bond-USD Hedged category. Avantis Credit ETF has an expense ratio of 0.19%, which is 18% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Avantis Credit ETF has a portfolio turnover rate of 2%, which indicates that it holds its assets around / 0.5 years. By way of comparison, the average portfolio turnover is 28% for the Global Bond-USD Hedged category.
Recently, in the month of July 2026, Avantis Credit ETF returned -0.6%, which earned it a grade of A, as the Global Bond-USD Hedged category had an average return of -1.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Avantis Credit ETF has a trailing yield of 3.25%, which is below the 4.09% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Avantis Credit ETF Grades
Year to date, the ETF has returned 0.6%, 0.1 percentage points better than the category, which translates into a grade of B. The fund has returned 3.2% over the past year (grade of B).
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AVGB Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| AVGB Return (NAV) | -0.6% | 0.3% | 3.2% | na | na | na |
| AVGB Return (Price) | -0.7% | 0.3% | 3.2% | na | na | na |
| NAV +/- Price Return | 0.082% | -0.001% | 0.023% | na | na | na |
| Global Bond-USD Hedged Avg | -1.1% | 0.3% | 2.4% | 4.3% | 0.6% | 1.7% |
| AVGB Grade (NAV) | A | C | B | na | na | na |
| +/- Category (NAV) | 0.5% | 0.0% | 0.8% | na | na | na |
| AVGB Tax-Cost Ratio | na | na | 1.3% | na | na | na |
AVGB Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| AVGB Return (NAV) | 0.6% | na | na | na | na | na | na | na | na | na | na |
| AVGB Return (Price) | 0.6% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.089% | na | na | na | na | na | na | na | na | na | na |
| Global Bond-USD Hedged Avg | 0.5% | 5.0% | 3.6% | 7.8% | -10.5% | -1.7% | 4.9% | 8.7% | 1.4% | 2.5% | 4.8% |
| AVGB Grade (NAV) | B | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 0.1% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 3.3% |
| Total Assets: | $ 20 Mil |
| Share Class Assets: | $ 20 Mil |
| Turnover: | 2.0% |
| Expense Ratio: | 0.19% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 1.3 years | |||
| Average Tenure: 1.3 years | |||
| Managers (Year): Ong Daniel (2025), Handa Mitchell (2025), Arif Hozef (2025), Repetto Eduardo (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 155 |
| % in Top 10 Holdings: | 13.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 37.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 55.7% |
| Foreign Bond: | 37.8% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 6.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Avantis Investors |
| Phone Number: | 800-345-2021 |
| Website: | americancenturyetfs.com |
| Inception Date: | April 15, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.19% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.23% |
