ETF Evaluator: Avantis All Equity Markets Value ETF () Follow This ETF

Avantis All Equity Markets Value ETF Overview

Avantis All Equity Markets Value ETF (AVGV) is an actively managed International Equity Global Small/Mid Stock exchange-traded fund (ETF). Avantis Investors launched the ETF in 2023.

The investment seeks long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its assets in equity ETFs. The fund is a “fund of funds,” meaning that it seeks to achieve its objective by investing in other Avantis ETFs (collectively, the underlying funds). The underlying funds represent a broadly diversified basket of equity securities that seek to select or overweight securities that are expected to have higher returns or better risk characteristics than a passive, market-cap weighted index.

About Avantis All Equity Markets Value ETF (AVGV)

There are 5 members of the management team with an average tenure of 3.10 years: Daniel Ong (2023), Mitchell Firestein (2023), Eduardo Repetto (2023), Ted Randall (2023) and Matthew Dubin (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI ACWI IMI NR USD index with a weighting of 100% and MSCI ACWI IMI Value NR USD index with a weighting of 100%. Avantis All Equity Markets Value ETF has 7 securities in its portfolio. The top 10 holdings constitute 99.9% 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 All Equity Markets Value ETF is part of the Equity global asset class and is within the International Equity ETF group. Avantis All Equity Markets Value ETF has 37.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 62.1% There is 37.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Avantis All Equity Markets Value ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $424 million in total assets, which is above the $286 million average for the Global Small/Mid Stock 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.

AVGV 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 All Equity Markets Value ETF expense ratio is below average compared to funds in the Global Small/Mid Stock category. Avantis All Equity Markets Value ETF has an expense ratio of 0.26%, which is 62% lower than its category average, making the fund expense ratio grade a A. 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 All Equity Markets Value ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 94% for the Global Small/Mid Stock category.

Recently, in the month of July 2026, Avantis All Equity Markets Value ETF returned 0.9%, which earned it a grade of B, as the Global Small/Mid Stock category had an average return of -3.4%. 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 All Equity Markets Value ETF has a trailing yield of 1.62%, which is below the 1.65% category average. The fund normally distributes its income semi-annually 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 All Equity Markets Value ETF Grades

Year to date, the ETF has returned 18.1%, 5.6 percentage points better than the category, which translates into a grade of A. The fund has returned 32.3% over the past year (grade of A) and 18.9% over the past three years (grade of A).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Avantis All Equity Markets Value ETF, including its riskiness, submit your email to unlock the rest of the article.