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It's possible, just not with cheep ammo.

A better shooter than me (and forum member) has shot repeated .3 Moa groups with the 22" truflight and matched bolt that's on my varmint ar with 77gn smk...

The 55gn fmj hornady works well for me and not that much more than the ADI when I last bought it(a couple of years back to be fair) and full lead core so ok for steel targets etc unlike the ADI

I found the ADI average at best. I still have a few thousand so my plan is to sort them by weight and see if that helps