Skip to content
etf.net

Launched

Avantis U.S. Mid Cap Equity ETF

AVMCNYSE ArcaAvantisA

$79.08−0.05 (−0.06%)

At close: Nov 3, 2026, 4:00 PM ET

A89/ 100

Rank 1 of 47 in US Active Small/Mid-Cap

A89/100Rank 1 of 47inUS Active Small/Mid-Cap
Intraday session: down, 79 prints from 79.13 to 79.08. Range 79.03 to 79.72. Use the arrow keys to read each point.79.0079.4079.6010 AM12 PM2 PM4 PM
Expense ratio
0.18%
Fund size
$532M
1Y total return
+15.8%
Yield · Last 12 months
0.98%
Holdings
609
Avg volume · 30D
25.5K sh
52W range
low $66.64high $82.60
Launched

The ETF.net AVMC Grade

Based on 5 of 6 pillars

A

Score 89 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
1 of 47
Six-pillar profile for AVMC. Scores out of 100: Cost 100, Risk 73, Mission not scored, Tradability 90, Holdings 88, Durability 77. Strongest: Cost (100). Weakest: Risk (73). Based on 5 of 6 pillars.

Score 89 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A100 out of 100
    Rank 1 of 47

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A73 out of 100
    Rank 6 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A90 out of 100
    Rank 1 of 47

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A88 out of 100
    Rank 3 of 47

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A77 out of 100
    Rank 9 of 47

Our read on AVMC

ETF.net Research

In short

AThe forgotten middle of the US market, run the Avantis way: roughly 600 mid-cap names tilted toward cheaper stocks with stronger profits, at 0.18% a year. Systematic active management priced like an index fund.

Stated mandate

Seeks long-term capital appreciation through a broad portfolio of U.S. mid-cap companies, emphasizing securities with lower valuations and higher profitability ratios.

Why people hold it

  • 0.18% a year, against a 0.65% median for active US equity funds. Index-fund pricing on an active mandate.
  • Spreads the value-and-profitability tilt across roughly 600 mid-caps, so it leans on the screen rather than a handful of concentrated picks.avantisinvestors.com
  • One of the strongest implementations in our active US equity group, sitting with large-cap sibling AVLC and the Dimensional core funds.
  • Pure mid-cap exposure with a quarterly distribution, filling the gap most portfolios leave between mega-caps and small caps.

Worth knowing

  • Trades lighter than the giant index ETFs, which can mean wider bid-ask spreads at the moment you transact.
  • Launched in 2023, so the live record is short. There's no published index behind it either: outcomes come from Avantis' own valuation and profitability rules.
  • All mid-cap, no mega-cap ballast, plus a tilt away from expensive names. Both can put it out of step with a market led by the largest growth stocks.

AVMC Holdings

Holdings pillarA88 out of 100Rank 3 of 47 in US Active Small/Mid-Cap
Asset class
Stocks
Holdings
609
Top-10 weight
6%
Largest holding
DVN0.7%

Sectors

  • Industrials17.7%
  • Financials16.2%
  • Technology16.0%
  • Health Care13.3%
  • Consumer Discretionary10.6%
  • Energy6.5%
  • Consumer Staples6.4%
  • Utilities5.4%
  • Materials4.7%
  • Communication2.8%
  • Real Estate0.6%

Geography

  • United States97.85%
  • Canada0.44%
  • Mexico0.43%
  • United Kingdom0.43%
  • Switzerland0.42%
  • Ireland0.26%
  • Sweden0.10%
  • Finland0.05%
  • Other countries (2)0.02%
The fund’s holdings, weight-ordered — page 1 of 41.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1DVNDevon Energy Corp Common Stock USD.10.66%67,222$3.51M357
2LNGCheniere Energy Inc Common Stock USD.0030.63%10,168$3.36M277
3WDCWestern Digital Corp Common Stock USD.010.63%9,118$3.34M471
4PYPLPayPal Holdings Inc Common Stock0.61%57,003$3.25M379
5HUMHumana Inc Common Stock USD.16666660.59%7,549$3.13M312
6NUENucor Corp Common Stock USD.40.57%11,042$3.02M349
7EBAYEbay Inc Common Stock USD.0010.56%24,426$2.97M374
8STTState Street Corp Common Stock USD1.00.53%16,743$2.84M365
9CNCCentene Corp Common Stock USD.0010.53%41,493$2.84M333
10DALDelta Air Lines Inc Common Stock USD.00010.53%35,012$2.81M344
11EWEdwards Lifesciences Corp Common Stock USD1.00.53%30,445$2.8M325
12AIGAmerican International Group Common Stock USD2.50.52%34,028$2.79M294
13PRUPrudential Financial Inc Common Stock USD.010.52%23,833$2.78M345
14FITBFifth Third Bancorp Common Stock0.52%51,182$2.76M303
15AMPAmeriprise Financial Inc Common Stock USD.010.52%5,608$2.75M344

Showing 1–15 of 609 holdings

AVMC Performance

Launched Nov 7, 2023

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

Not enough history yet.Not enough history yet.Not enough history yet.
AVMC$11,580
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. AVMC $11,580. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 AVMC. Periods over one year show the average yearly return.
PeriodAVMC
Year to date+12.8%
1 month+2.3%
3 months−0.1%
1 year+15.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 AVMC
YearReturn barAVMC
2026 YTD+12.8%
2025+10.0%
2024+16.8%
2023+15.4%

History from Nov 9, 2023

AVMC in the news

AVMC 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 Nov 2, 2026.
0.98%Last 12 months
Payout per share
$0.77Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 18, 2023 $0.14; Mar 21, 2024 $0.14; Jun 24, 2024 $0.16; Sep 23, 2024 $0.13; Dec 17, 2024 $0.23; Mar 25, 2025 $0.19; Jun 24, 2025 $0.21; Sep 23, 2025 $0.17; Dec 16, 2025 $0.23; Mar 10, 2026 $0.15; Jun 9, 2026 $0.21; Sep 8, 2026 $0.19. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.19
Jun 9, 2026Jun 11, 2026$0.21
Mar 10, 2026Mar 12, 2026$0.15
Dec 16, 2025Dec 18, 2025$0.23
Sep 23, 2025Sep 25, 2025$0.17
Jun 24, 2025Jun 26, 2025$0.21
Mar 25, 2025Mar 27, 2025$0.19
Dec 17, 2024Dec 19, 2024$0.23
Sep 23, 2024Sep 25, 2024$0.13
Jun 24, 2024Jun 26, 2024$0.16
Mar 21, 2024Mar 25, 2024$0.14
Dec 18, 2023Dec 21, 2023$0.14

$10,000 in AVMC 1 year ago paid $113 in dividends.

AVMC Risk

Risk pillarA73 out of 100Rank 6 of 44 in US Active Small/Mid-Cap
How much the fund’s monthly returns vary, scaled to a year.
14.2%
Annualised · 35 months to Oct 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.
0.83
vs 3-month T-bills · 35 months to Oct 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.
−21.8%
35 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.

FMP measures it over up to five years of monthly returns.

AVMC Cost

Cheapest in US Active Small/Mid-Cap

$3,749

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AVMC 0.18%

    $3,749

$10,000
30 years

Cost over time

  • AVMC 0.18%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530AVMC $3,749

Year by year

YearAVMC
10$328
20$1,281
30$3,749

Other funds in US Active Small/Mid-Cap

See others