Avantis Emerging Markets ex-China Equity ETF
$83.21−1.60 (−1.89%)
- Expense ratio
- 0.33%
- Fund size
- $476M
- 1Y return
- +43.4%
- Yield · Last 12 months
- 2.11%
- Holdings
- 2884
- Volume · 30D
- 0M sh
- NAV per share
- $84.34
- 52W range
The ETF.net AVXC Grade
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 94Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 86Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 80Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 67Category rank
Our read on AVXC
AThe China question, answered by subtraction. Avantis runs its usual emerging-markets playbook (roughly 2,800 stocks of every size, tilted toward the cheap and the profitable) with China left out entirely, for 0.33% a year.
The fund invests in a broad set of companies across emerging-market countries, excluding China, and spanning all market capitalizations. It seeks higher expected returns by overweighting securities with lower valuations and higher profitability ratios.
Why people hold it
- 0.33% a year, about half the typical fee among active EM funds, and the ex-China carve-out costs no more than Avantis charges on its with-China flagship, AVEM.
- Roughly 2,800 holdings spanning all market-cap sizes, so removing China doesn't turn the fund into a concentrated bet on a few large markets.res.avantisinvestors.com
- Actively run against MSCI Emerging Markets IMI rather than tracking it: the mandate overweights lower-valuation, higher-profitability companies.
- One of the stronger builds in the active emerging-markets group we review, on cost and portfolio construction alike.
Worth knowing
- Thinly traded next to the giants of the category, so spreads and limit orders matter more on the way in and the way out.
- Launched in 2024, so the live record is short and the risk picture is still forming.
- Leaving China out is a real departure from standard EM exposure, and the value and small-cap tilts add more distance from a plain cap-weighted index.
AVXC Holdings
- Stocks
- 2,884
- 29%
- TSM
Sectors
- Technology36.4%
- Financials22.1%
- Industrials9.5%
- Materials7.6%
- Consumer Discr.6.2%
- Energy4.7%
- Communication3.6%
- Cons. Staples3.2%
- Health Care2.6%
- Utilities2.6%
- Real Estate1.6%
Geography
- Taiwan (Province of China)26.85%
- Korea (the Republic of)18.05%
- India15.91%
- United States7.51%
- Brazil5.89%
- South Africa4.52%
- Saudi Arabia3.55%
- Mexico2.42%
- 15.29%
Developed 1% · Emerging 99%
AVXC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | AVXC |
|---|---|
| Year to date | +34.5% |
| 1 month | +4.5% |
| 3 months | −3.6% |
| 1 year | +43.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AVXC |
|---|---|---|
| 2026 YTD | +34.5% | |
| 2025 | +31.5% | |
| 2024 | −0.8% |
AVXC in the news
ETF.net Research hasn’t filed on AVXC yet — coverage lands here as it’s written.
AVXC Dividends
- 2.11%
- $1.79
- $0.45 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 8, 2026 | Sep 10, 2026 | $0.45 |
| Jun 9, 2026 | Jun 11, 2026 | $0.44 |
| Mar 10, 2026 | Mar 12, 2026 | $0.02 |
| Dec 16, 2025 | Dec 18, 2025 | $0.88 |
| Jun 24, 2025 | Jun 26, 2025 | $0.38 |
| Dec 17, 2024 | Dec 19, 2024 | $0.39 |
| Jun 24, 2024 | Jun 26, 2024 | $0.28 |
AVXC Risk
- 18.6%
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.
- 1.04
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.
- −20.4%
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.
- 0.93
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AVXC Cost
- The middle half of Emerging Markets Active Equity funds
- Median 0.65%
No Emerging Markets Active Equity fund charges less.