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AVGE

GradeANew York Stock Exchange Arca

Avantis All Equity Markets ETF

Active Equity · Avantis · Inception 2022-09-27

$99.48−0.93 (−0.92%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Sep 29, 2022.
Intraday session: down, 69 prints from 100.41 to 99.48. Range 99.35 to 100.01. Use the arrow keys to read each point.$99.40$99.60$99.80$100.0010 AM12 PM2 PM4 PM
Expense ratio
0.23%
Fund size
$1.2B
1Y return
+22.5%
Yield · Last 12 months
1.72%
Holdings
14
Volume · 30D
0.1M sh
NAV per share
$100.38
52W range
low $81.20high $102.81

The ETF.net AVGE Grade

A

79/ 100

Rank 1 of 44 in Global Active Equity⁠

Confidence High

Six-pillar profile for AVGE. Scores out of 100: Cost 98, Risk 71, Mission 76, Tradability 81, Holdings 35, Durability 79. Strongest: Cost (98). Weakest: Holdings (35). Leans toward Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 79 of 100 sits in the A 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.
    AScore 98
    Category rank1/44 · top 2%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 76
    Category rank5/9 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 71
    Category rank7/42 · top 17%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 81
    Category rank2/44 · top 5%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 35
    Category rank34/43 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 79
    Category rank6/44 · top 14%

Graded as of Sep 22, 2026

Our read on AVGE

ETF.net Research

AOne ticker, the whole world's stock market. AVGE is Avantis in a single line: a wrapper around its own US, developed and emerging funds, tilted toward companies it expects to beat a plain cap-weighted index.

Stated mandate

The fund seeks long-term capital appreciation through a broadly diversified equity portfolio. It invests directly or through Avantis ETFs and emphasizes companies expected to offer higher returns or better risk characteristics than a passive, market-cap-weighted index.

Why people hold it

  1. 01Charges 0.25% a year for US, developed international and emerging market stocks in one line item, well under the typical fund in its active global peer group.
  2. 02The tilt is systematic, not stock-picking: it emphasizes companies expected to offer higher returns or better risk characteristics than a passive, market-cap-weighted index.
  3. 03It can invest directly or through Avantis ETFs, so the regional mix is handled inside the fund rather than by you. Distributions arrive quarterly.
  4. 04Sits among the strongest implementations in the global active equity group, and priced in the same neighborhood as the cheapest of them, DFAW at 0.24%.

Worth knowing

  1. 01Built to differ from a cap-weighted world index, which means stretches where it moves apart from plain global trackers come with the design.
  2. 02You are buying Avantis's judgment on regional and company weights. There is no public rules-based index to check the portfolio against.
  3. 03Launched in 2022, so the live record is short next to decades-old global funds, and trading is moderate rather than heavy.

AVGE Holdings

As of Sep 22, 2026, 9:42 PM
Asset class
Stocks
Holdings
14
Top-10 weight
95%
Largest holding
AVUS43.2%

Sectors

  • Financials20.1%
  • Technology20.0%
  • Industrials12.8%
  • Consumer Discr.11.5%
  • Energy8.6%
  • Health Care6.4%
  • Communication6.1%
  • Materials4.9%
  • Cons. Staples4.5%
  • Real Estate3.3%
  • Utilities1.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AVUSAVANTIS US EQUITY ETF AVANTIS U.S. EQUITY ETF43.22%4,128,511$538M1
002AVLVAVANTIS US LARGE CAP VALUE ETF AVANTIS US LARGE CAP VALUE15.23%2,047,047$189M2
003AVDEAVANTIS INTERNATIONAL EQUITY E AVANTIS INTERNATIONAL EQUITY10.56%1,421,706$131M3
004AVEMAVANTIS EMERGING MARKETS EQUIT AVANTIS EMERGING MARKETS EQ6.73%869,462$84M5
005AVIVAVANTIS INTERNATIONAL LARGE CA AVANTIS INT LRG CAP VAL ETF5.43%825,869$68M4
006AVUVAVANTIS U.S. SMALL CAP VALUE E AVANTIS US SMALL CAP VALUE3.43%351,839$43M5
007AVSCAVANTIS US SMALL CAP EQUITY ET AVANTIS US SMALL CAP EQUITY3.39%596,951$42M1
008AVESAVANTIS EMERGING MARKETS VALUE AVANTIS EMERGING MARKETS VAL3.33%623,182$41M7
009AVREAVANTIS REAL ESTATE ETF AVANTIS REAL ESTATE ETF2.77%753,629$34M2
010AVMVAVANTIS US MID CAP VALUE ETF AVANTIS US MID CAP VAL ETF1.33%211,550$17M2
011AVMCAVANTIS US MID CAP EQUITY ETF AVANTIS US MID CAP EQ ETF1.33%212,179$17M1
012AVDVAVANTIS INTERNATIONAL SMALL CA AVANTIS INTL S/C VALUE ETF1.21%135,030$15M13
013AVDSAVANTIS INTERNATIONAL SMALL CA AVANTIS INTL SM CAP EQ ETF1.05%164,466$13M2
014AVEEAVANTIS EMERGING MARKETS SMALL AVANTIS EM MKT SM CAP EQ ETF0.92%163,845$11M2
015—SSC GOVERNMENT MM GVMXX0.07%926,968$927K89

Showing 1–15 of 15 holdings

AVGE Performance

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

AVGE$12,250
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. AVGE $12,250. SPY $11,723. Use the arrow keys to read each point.$9,297$10,995$12,694Sep 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 AVGE. Periods over one year show the average yearly return.
PeriodAVGE
Year to date+18.1%
1 month−0.9%
3 months+1.2%
1 year+22.5%
3 years+21.7%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 AVGE
YearReturn barAVGE
2026 YTD+18.1%
2025+20.8%
2024+14.0%
2023+19.1%
2022+11.2%

History from Sep 29, 2022

AVGE in the news

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

AVGE 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.
1.72%Last 12 months
Payout per share
$1.72Last 12 months
Last payment
$0.33 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2022–2026

One bar per payment. 10 payments from 2022 to 2026 YTD. Dec 19, 2022 $0.41; Jun 22, 2023 $0.57; Dec 20, 2023 $0.68; Jun 26, 2024 $0.63; Dec 19, 2024 $0.76; Jun 26, 2025 $0.70; Dec 18, 2025 $0.73; Mar 12, 2026 $0.16; Jun 11, 2026 $0.49; Sep 10, 2026 $0.33. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Sep 10, 2026Sep 14, 2026$0.33
Jun 11, 2026Jun 15, 2026$0.49
Mar 12, 2026Mar 16, 2026$0.16
Dec 18, 2025Dec 22, 2025$0.73
Jun 26, 2025Jun 30, 2025$0.70
Dec 19, 2024Dec 23, 2024$0.76
Jun 26, 2024Jun 28, 2024$0.63
Dec 20, 2023Dec 26, 2023$0.68
Jun 22, 2023Jun 27, 2023$0.57
Dec 19, 2022Dec 22, 2022$0.41

AVGE Risk

How much the fund’s monthly returns vary, scaled to a year.
12.5%
Annualised · 36 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.
1.20
vs 3-month T-bills · 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.
−17.1%
47 months · trough Apr 2025
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.
0.94
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.

AVGE Cost

Expense ratio0.23%
  • The middle half of Global Active Equity funds
  • Median 0.69%

No Global Active Equity fund charges less.

AVGE costs $23.00 a year on $10,000. The median Global Active Equity fund costs $69.00.