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Launched

Avantis Emerging Markets ex-China Equity ETF

AVXCNasdaqAvantisA

$74.91−0.05 (−0.07%)

As of Nov 3, 2026, 2:39 PM ET

A79/ 100

Rank 3 of 27 in Emerging Markets Active Equity

A79/100Rank 3 of 27inEmerging Markets Active Equity
Intraday session: down, 63 prints from 74.96 to 74.91. Range 74.80 to 75.28. Use the arrow keys to read each point.74.8075.1075.2075.3010 AM12 PM2 PM4 PM
Expense ratio
0.33%
Fund size
$427M
1Y total return
+22.4%
Yield · Last 12 months
2.38%
Holdings
2921
Avg volume · 30D
42.9K sh
52W range
low $60.18high $88.77
Launched

The ETF.net AVXC Grade

Based on 5 of 6 pillars

A

Score 79 out of 100

Category
Emerging Markets Active Equity⁠
Rank
3 of 27
Six-pillar profile for AVXC. Scores out of 100: Cost 94, Risk 48, Mission not scored, Tradability 87, Holdings 82, Durability 68. Strongest: Cost (94). Weakest: Risk (48). Based on 5 of 6 pillars.

Score 79 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.
    A94 out of 100
    Rank 1 of 27

  • 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.
    C48 out of 100
    Rank 18 of 27

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A87 out of 100
    Rank 2 of 27

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A82 out of 100
    Rank 5 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B68 out of 100
    Rank 7 of 27

Our read on AVXC

ETF.net Research

In short

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.

Stated mandate

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.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 Performance

Launched Mar 19, 2024

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.
AVXC$12,243
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. AVXC $12,243. SPY $11,146. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 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 AVXC. Periods over one year show the average yearly return.
PeriodAVXC
Year to date+18.9%
1 month−10.6%
3 months−2.5%
1 year+22.4%
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 AVXC
YearReturn barAVXC
2026 YTD+18.9%
2025+31.5%
2024−0.8%

History from Mar 21, 2024

AVXC in the news

AVXC 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.
2.38%Last 12 months
Payout per share
$1.79Last 12 months
Last payment
$0.45 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 7 payments from 2024 to 2026 YTD. Jun 24, 2024 $0.28; Dec 17, 2024 $0.39; Jun 24, 2025 $0.38; Dec 16, 2025 $0.88; Mar 10, 2026 $0.02; Jun 9, 2026 $0.44; Sep 8, 2026 $0.45. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.45
Jun 9, 2026Jun 11, 2026$0.44
Mar 10, 2026Mar 12, 2026$0.02
Dec 16, 2025Dec 18, 2025$0.88
Jun 24, 2025Jun 26, 2025$0.38
Dec 17, 2024Dec 19, 2024$0.39
Jun 24, 2024Jun 26, 2024$0.28

$10,000 in AVXC 1 year ago paid $288 in dividends.

AVXC Risk

Risk pillarC48 out of 100Rank 18 of 27 in Emerging Markets Active Equity
How much the fund’s monthly returns vary, scaled to a year.
19.2%
Annualised · 31 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.
0.76
vs 3-month T-bills · 31 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.
−20.4%
31 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.
0.93
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.

AVXC Cost

Tied cheapest in Emerging Markets Active Equity

$6,737

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

  • AVXC 0.33%

    $6,737

$10,000
30 years

Cost over time

  • AVXC 0.33%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530AVXC $6,737

Year by year

YearAVXC
10$598
20$2,318
30$6,737

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