ABCS vs AVMC

ABCSCAlpha Blue Capital US Small-Mid Cap Dynamic ETF

AVMCAAvantis U.S. Mid Cap Equity ETF

In short

ABCS A three-decade fundamental stock-picking process in ETF form, blended with plain small- and mid-cap index ETFs. Active where the team sees an edge, indexed where it doesn't, at 0.42% a year.

AVMC The 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

ABCS The Fund’s mandate is long-term capital appreciation.

AVMC 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

• ABCS 0.42% a year buys an active small-mid cap manager, comfortably under the median expense ratio for active US equity ETFs in its group.
• The target is stated out loud: 1 to 3 points of annualized outperformance versus the Bloomberg US 2500 over a full market cycle. A yardstick you can check.prnewswire.com
• Hand-picked stocks ride alongside broad small- and mid-cap index ETFs, so the manager can dial conviction up or down inside a single wrapper.alphabluecapitalabcs.comprnewswire.com
• Sits in the upper half of the active US equity funds we cover, with cost doing much of the lifting.

• AVMC 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

• ABCS A small fund that trades thinly. Spreads can widen, and limit orders are the usual tool for getting in and out.
• Cheaper broad-market rivals share the shelf (DFAC at 0.17%, AVLC at 0.15%). The fee gap here pays for stock selection, and active outcomes vary.
• Launched December 2023, so the live record is short, and the process leans on a small portfolio manager and analyst team.alphabluecapitalabcs.com

• AVMC 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.

Full ABCS profile⁠

Full AVMC profile⁠