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AVSE

GradeANew York Stock Exchange Arca

Avantis Responsible Emerging Markets Equity ETF

Active Equity · Avantis · Inception 2022-03-28 · SEC filings

$79.88−1.43 (−1.76%)

As of Sep 23, 2026, 3:08 PM EDT

History starts Mar 30, 2022.
Intraday session: down, 50 prints from 81.31 to 79.88. Range 79.61 to 81.31. Use the arrow keys to read each point.$79.50$80.50$81.00$81.5010 AM12 PM2 PM4 PM
Expense ratio
0.33%
Fund size
$235M
1Y return
+31.0%
Yield · Last 12 months
2.63%
Holdings
2402
Volume · 30D
0M sh
NAV per share
$80.99
52W range
low $61.79high $84.92

The ETF.net AVSE Grade

A

78/ 100

Rank 4 of 28 in Emerging Markets Active Equity⁠

Confidence High

Six-pillar profile for AVSE. Scores out of 100: Cost 94, Risk 51, Mission 100, Tradability 79, Holdings 76, Durability 69. Strongest: Mission (100). Weakest: Risk (51). Leans toward Mission and Cost.
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 94
    Category rank2/28 · top 7%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank1/2 · top 50%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 51
    Category rank15/28 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 79
    Category rank4/28 · top 14%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 76
    Category rank6/26 · top 23%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank7/28 · top 25%

Graded as of Sep 22, 2026

Our read on AVSE

ETF.net Research

AAvantis's emerging markets workhorse with a values filter bolted on: the same profitability tilt and thousands-of-stocks build as its flagship EM fund, at the same 0.33% fee, minus the issuers its team flags on ESG grounds.

Stated mandate

The fund is an actively managed emerging-markets equity strategy that seeks to identify securities with higher expected returns while excluding issuers that raise concerns under the portfolio team's environmental, social, and governance evaluation.

Why people hold it

  1. 01Charges 0.33% a year, roughly half the typical fee among actively managed emerging markets funds. The cost drag stays out of the way of the strategy.
  2. 02The screen trims rather than concentrates: the portfolio still spans thousands of emerging markets stocks, not a short list of approved names.avantisinvestors.com
  3. 03Active in the Avantis sense: a systematic tilt toward more profitable companies, not a manager's hunches about which stocks pop next.
  4. 04Priced level with Avantis's mainstream EM funds (AVEM, AVXC) and JPMorgan's JEMA at 0.33%, and one of the stronger builds in the active EM group.

Worth knowing

  1. 01Thinly traded next to the index-fund giants of emerging markets, so bid-ask spreads can widen and larger orders need care.
  2. 02The ESG exclusions are the portfolio team's own judgment calls, so the holdings and the results will drift from a plain broad EM benchmark.
  3. 03Emerging markets equity brings currency swings and country-level political risk, and this fund holds that exposure directly. Pays quarterly.

AVSE Holdings

As of Sep 22, 2026, 9:42 PM
Asset class
Stocks
Holdings
2,402
Top-10 weight
31%
Largest holding
TSM8.4%

Sectors

  • Technology36.8%
  • Financials27.1%
  • Consumer Discr.9.6%
  • Industrials7.5%
  • Communication5.4%
  • Health Care4.0%
  • Materials3.4%
  • Cons. Staples2.5%
  • Real Estate2.5%
  • Utilities1.1%
  • Energy0.1%

Geography

  • Taiwan28.79%
  • South Korea21.06%
  • China13.70%
  • India12.30%
  • Brazil4.14%
  • South Africa3.15%
  • Hong Kong2.31%
  • Saudi Arabia2.30%
  • Other countries (25)12.27%

Developed 3% · Emerging 97% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 164.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TSMTAIWAN SEMICONDUCTOR SP ADR ADR8.42%44,631$20M268
002000660.KSSK HYNIX INC COMMON STOCK KRW5000.07.01%11,786$17M184
003—SAMSUNG ELECTR GDR REG S GDR5.58%2,599$13M15
0042330.TWTAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10.03.01%89,000$7M175
0052454.TWMEDIATEK INC COMMON STOCK TWD10.02.19%32,000$5M162
0060700.HKTENCENT HOLDINGS LTD COMMON STOCK HKD.000021.54%65,300$4M153
0070939.HKCHINA CONSTRUCTION BANK H COMMON STOCK CNY1.01.02%1,933,000$2M106
008BABAALIBABA GROUP HOLDING SP ADR ADR USD.0000250.89%18,061$2M78
0092317.TWHON HAI PRECISION INDUSTRY COMMON STOCK TWD10.00.76%225,000$2M114
0101398.HKIND + COMM BK OF CHINA H COMMON STOCK CNY1.00.61%1,483,000$1M100
011009150.KSSAMSUNG ELECTRO MECHANICS CO COMMON STOCK KRW5000.00.58%1,279$1M112
0122887.TWTS FINANCIAL HOLDING CO LTD COMMON STOCK TWD10.00.55%927,578$1M95
013IBNICICI BANK LTD SPON ADR ADR0.54%44,798$1M49
014ASXASE TECHNOLOGY HOLDING ADR ADR0.47%25,558$1M40
015066570.KSLG ELECTRONICS INC COMMON STOCK KRW5000.00.47%7,327$1M90

Showing 1–15 of 2454 holdings

AVSE Performance

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

AVSE$13,103
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. AVSE $13,103. SPY $11,723. Use the arrow keys to read each point.$9,210$11,536$13,862Sep 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 AVSE. Periods over one year show the average yearly return.
PeriodAVSE
Year to date+26.8%
1 month+3.8%
3 months−3.2%
1 year+31.0%
3 years+25.3%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 AVSE
YearReturn barAVSE
2026 YTD+26.8%
2025+32.5%
2024+8.3%
2023+16.0%
2022−13.8%

History from Mar 30, 2022

AVSE in the news

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

AVSE 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.
2.63%Last 12 months
Payout per share
$2.14Last 12 months
Last payment
$0.52 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. 11 payments from 2022 to 2026 YTD. Jun 21, 2022 $0.14; Dec 15, 2022 $0.40; Jun 20, 2023 $0.38; Dec 18, 2023 $1.15; Jun 24, 2024 $0.43; Dec 17, 2024 $1.10; Jun 24, 2025 $0.62; Dec 16, 2025 $1.12; Mar 10, 2026 $0.05; Jun 9, 2026 $0.45; Sep 8, 2026 $0.52. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.52
Jun 9, 2026Jun 11, 2026$0.45
Mar 10, 2026Mar 12, 2026$0.05
Dec 16, 2025Dec 18, 2025$1.12
Jun 24, 2025Jun 26, 2025$0.62
Dec 17, 2024Dec 19, 2024$1.10
Jun 24, 2024Jun 26, 2024$0.43
Dec 18, 2023Dec 21, 2023$1.15
Jun 20, 2023Jun 23, 2023$0.38
Dec 15, 2022Dec 20, 2022$0.40
Jun 21, 2022Jun 24, 2022$0.14

AVSE Risk

How much the fund’s monthly returns vary, scaled to a year.
16.0%
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.
1.11
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.
−26.3%
53 months · trough Oct 2022
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.
1.06
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.

AVSE Cost

Expense ratio0.33%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

No Emerging Markets Active Equity fund charges less.

AVSE costs $33.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.