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AVMV

GradeANew York Stock Exchange Arca

Avantis U.S. Mid Cap Value ETF

Active Equity · Avantis · Inception 2023-11-07

$78.05−0.08 (−0.10%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Nov 9, 2023.
Intraday session: down, 53 prints from 78.13 to 78.05. Range 77.92 to 78.27. Use the arrow keys to read each point.$77.90$78.00$78.10$78.20$78.3010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$774M
1Y return
+14.7%
Yield · Last 12 months
1.34%
Holdings
299
Volume · 30D
0.1M sh
NAV per share
$78.31
52W range
low $66.13high $84.26

The ETF.net AVMV Grade

A

78/ 100

Rank 5 of 66 in US Active Value

Confidence Medium

Six-pillar profile for AVMV. Scores out of 100: Cost 95, Risk 37, Mission not scored, Tradability 88, Holdings 84, Durability 72. Strongest: Cost (95). Weakest: Risk (37). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 78 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 95
    Category rank4/66 · top 6%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 37
    Category rank46/62 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 88
    Category rank5/66 · top 8%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 84
    Category rank5/66 · top 8%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank14/66 · top 21%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on AVMV

ETF.net Research

AAvantis points its cheap-and-profitable engine at the market's forgotten middle: roughly 300 US mid-cap value names, actively run, priced at 0.20% a year.

Stated mandate

The fund seeks long-term capital appreciation through a broad portfolio of U.S. mid-cap companies. It emphasizes lower valuations and higher profitability while using active investment decisions based on current market information rather than replicating a specified index.

Why people hold it

  1. 01Costs 0.20% a year, under the median fee for actively managed US value funds. Daily active oversight at close to index-fund pricing.res.avantisinvestors.com
  2. 02Screens for low valuations paired with high profitability, then leans toward the smaller end of its mid-cap universe. Roughly 300 holdings across sectors.res.avantisinvestors.com
  3. 03No index to copy. It can trade on current prices rather than wait for a scheduled reconstitution, avoiding the crowd at fixed rebalance dates.res.avantisinvestors.comcibc.com
  4. 04Rates among the stronger implementations in a crowded field of active US value funds, helped by low cost and a broad, disciplined portfolio.

Worth knowing

  1. 01Thinly traded next to the giants of the value aisle, so spreads can widen, most noticeable on large orders or fast markets.
  2. 02Value and profitability screens lean into cheaper, economically sensitive mid caps, which can swing harder than a broad large-cap fund.res.avantisinvestors.com
  3. 03Launched November 2023, so the live record is short, though the Avantis team has run this framework since 2019.prnewswire.com

AVMV Holdings

As of Sep 22, 2026, 9:42 PM
Asset class
Stocks
Holdings
299
Top-10 weight
12%
Largest holding
DVN1.6%

Sectors

  • Financials24.5%
  • Consumer Discr.16.4%
  • Industrials15.5%
  • Energy13.9%
  • Cons. Staples7.9%
  • Technology7.4%
  • Health Care7.3%
  • Materials5.6%
  • Communication1.0%
  • Utilities0.4%
  • Real Estate0.2%

Geography

  • United States94.03%
  • Bermuda2.35%
  • Ireland1.16%
  • United Kingdom0.97%
  • Netherlands0.56%
  • Canada0.32%
  • Puerto Rico0.27%
  • Sweden0.25%
  • Other countries (2)0.08%
The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001DVNDEVON ENERGY CORP COMMON STOCK USD.11.63%264,340$13M353
002DALDELTA AIR LINES INC COMMON STOCK USD.00011.32%123,435$10M339
003AMPAMERIPRISE FINANCIAL INC COMMON STOCK USD.011.23%17,731$9M347
004FLEXFLEX LTD COMMON STOCK1.20%83,440$9M305
005UALUNITED AIRLINES HOLDINGS INC COMMON STOCK USD.011.20%81,385$9M296
006CMGCHIPOTLE MEXICAN GRILL INC COMMON STOCK USD.011.17%273,202$9M297
007STTSTATE STREET CORP COMMON STOCK USD1.01.17%49,016$9M356
008FASTFASTENAL CO COMMON STOCK USD.011.17%181,928$9M363
009CNCCENTENE CORP COMMON STOCK USD.0011.15%136,873$9M320
010TRGPTARGA RESOURCES CORP COMMON STOCK USD.0011.11%29,635$9M340
011PRUPRUDENTIAL FINANCIAL INC COMMON STOCK USD.011.10%71,515$8M338
012NUENUCOR CORP COMMON STOCK USD.41.09%34,772$8M340
013FERGFERGUSON ENTERPRISES INC COMMON STOCK1.08%38,786$8M305
014LNGCHENIERE ENERGY INC COMMON STOCK USD.0031.06%29,724$8M270
015TGTTARGET CORP COMMON STOCK USD.08331.05%51,381$8M365

Showing 1–15 of 296 holdings

AVMV Performance

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

AVMV$11,471
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. AVMV $11,471. SPY $11,723. Use the arrow keys to read each point.$9,310$10,913$12,517Sep 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 AVMV. Periods over one year show the average yearly return.
PeriodAVMV
Year to date+10.6%
1 month−5.3%
3 months−2.5%
1 year+14.7%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper 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 AVMV
YearReturn barAVMV
2026 YTD+10.6%
2025+10.5%
2024+18.4%
2023+15.6%

History from Nov 9, 2023

AVMV in the news

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

AVMV 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.
1.34%Last 12 months
Payout per share
$1.05Last 12 months
Last payment
$0.20 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 $0.20; Jun 24, 2024 $0.20; Sep 23, 2024 $0.17; Dec 17, 2024 $0.29; Mar 25, 2025 $0.23; Jun 24, 2025 $0.21; Sep 23, 2025 $0.17; Dec 16, 2025 $0.25; Mar 10, 2026 $0.18; Jun 9, 2026 $0.25; Sep 8, 2026 $0.20. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.20
Jun 9, 2026Jun 11, 2026$0.25
Mar 10, 2026Mar 12, 2026$0.18
Dec 16, 2025Dec 18, 2025$0.25
Sep 23, 2025Sep 25, 2025$0.17
Jun 24, 2025Jun 26, 2025$0.21
Mar 25, 2025Mar 27, 2025$0.23
Dec 17, 2024Dec 19, 2024$0.29
Sep 23, 2024Sep 25, 2024$0.17
Jun 24, 2024Jun 26, 2024$0.20
Mar 21, 2024Mar 25, 2024$0.20
Dec 18, 2023Dec 21, 2023$0.14

AVMV Risk

How much the fund’s monthly returns vary, scaled to a year.
15.1%
Annualised · 33 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.
0.95
vs 3-month T-bills · 33 months 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.
−24.2%
34 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.
0.92
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.

AVMV Cost

Expense ratio0.20%
  • The middle half of US Active Value funds
  • Median 0.55%

4 of the 66 US Active Value funds charge less.

AVMV costs $20.00 a year on $10,000. The median US Active Value fund costs $55.00.