AFSM vs AVSC: Grades, Fees and Holdings Compared

First Trust Active Factor Small Cap ETF

AFSMCNYSE Arca

Avantis U.S. Small Cap Equity ETF

AVSCANYSE Arca

Overlap

21.0%by weight

Expense ratio

AVSC −0.50pt a year

AFSM0.75%AVSC0.25%

Avg volume · 30D

AVSC 7.6×the volume

AFSM17.5KAVSC133K

3Y return · a year

AVSC +0.7pt

AFSM+20.0%AVSC+20.7%

AFSM vs AVSC Performance

Nov 7, 2025 – Nov 9, 2026

+22.5%AFSM+28.9%AVSC

Expense ratio: AFSM 0.75%; AVSC 0.25%, better
Fund size: AFSM $129M; AVSC $3.16B
1Y total return: AFSM +22.5%; AVSC +28.9%, better
Yield (12M): AFSM 0.52%; AVSC 0.97%, better
Holdings: AFSM 320; AVSC 1542
Avg volume (30D): AFSM 17.5K sh; AVSC 133K sh, better
NAV per share: AFSM $37.88; AVSC $70.08
52W range

ETF.net Grade

Pillar letters and Scores for AFSM, AVSC, with each pillar’s weight
Pillar	AFSM	AVSC
Cost30% weight	F23	A100Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	B55	B64Higher
Tradability15% weight	B61	A88Higher
Holdings10% weight	A72	A89Higher
Durability5% weight	A75	A86Higher

Rank among US Active Small-Cap funds

How we build Categories ›

Same Category. AFSM and AVSC are both graded against the same 39 US Active Small-Cap funds, so their Grades compare head to head.

US Active Small-Cap⁠

Category · 39 funds

See all 39 ›

AVSC ranks 1st and AFSM 21st of 39 funds in the US Active Small-Cap Category.

Rank 1AAVSCAvantis U.S. Small Cap Equity ETFScore 88
Rank 2AFESMFidelity Enhanced Small Cap ETFScore 86
Rank 20COSCVOpus Small Cap Value Plus ETFScore 47
Rank 21CAFSMFirst Trust Active Factor Small Cap ETFScore 46
Rank 21CFESCFirst Eagle Small Cap Equity ETFScore 46

Our read on each fund

ETF.net Research

AFSMCFirst Trust Active Factor Small Cap ETF

AVSCAAvantis U.S. Small Cap Equity ETF

In short

AFSM Active management in index-fund clothing. AFSM runs a multi-factor quant model across roughly 300 U.S. small caps, so you get a manager's screens with broad diversification instead of a concentrated stock-picker's book.

AVSC Avantis's whole-field small cap fund: roughly 1,500 US small companies in one ticker, run by the manager's own rules rather than a published index, at 0.25% a year.

Stated mandate

AFSM The Fund seeks capital appreciation by investing primarily in U.S.-listed equity securities of small-capitalization companies through an actively managed, multi-factor quantitative approach.

AVSC The fund seeks long-term capital appreciation and invests primarily in a diversified group of U.S. small-cap companies across market sectors and industries, with at least 80% of assets normally invested in U.S. small-cap equity securities.

Why people hold it

AFSM Genuinely active, not a rules-based index in disguise: First Trust's team applies a multi-factor quantitative process to U.S.-listed small caps in pursuit of capital appreciation.ftportfolios.com
Roughly 300 names means no single small cap can wreck the portfolio, a real difference from the 40-stock active small-cap funds it competes with.
Live since 2019, so the model has a public track record through the 2020 crash and the 2022 drawdown rather than a backtest.
Pays shareholders quarterly, and the underlying holdings score well on portfolio quality measures relative to the active small-cap group.

AVSC 0.25% a year versus a 0.52% median for active US small-cap funds. Less than half the going rate for a hands-on manager.
Roughly 1,500 holdings spread across sectors and industries, so one small-cap blowup barely dents the fund.
One of the strongest all-round implementations in the active US small-cap group on cost, portfolio build and ease of trading.
Pays quarterly, trades with steady daily volume, and pulled in over a billion dollars since its 2022 launch.

Worth knowing

AFSM The 0.75% expense ratio is the headline trade-off: well above the typical active U.S. small-cap fund, and about triple systematic rivals like AVUV and AVSC at 0.25%.
Thinly traded compared with the category's giants, so bid-ask spreads and order type matter more here than with a household-name small-cap ETF.
No benchmark index to grade it against. With an active quant mandate, results ride entirely on the model's factor calls rather than on tracking something.

AVSC Undiluted small-cap equity, kept at least 80% invested in the asset class. It rides the small-cap cycle with deeper swings than a large-cap fund.
No declared index to check it against. The manager's stock-selection rules are the product, so you are buying a process, not a published benchmark.
Its sibling AVUV works the value slice of the same universe at the same 0.25%. Own both and you are doubling up on overlapping small-cap names.

Full AFSM profile⁠

Full AVSC profile⁠

AFSM vs AVSC Holdings

How AFSM and AVSC differ

Overlap by weight

21.0%

Shared holdings make up 67.0% of AFSM and 23.5% of AVSC.

Level by level

Holdings219 in both21.0%
Sector11 Sectors81.5%
Countryby domicile99.2%
Asset classStocks100%

Sector

Sector weights in AFSM and AVSC, widest gap first
Sector	Gap	AFSM	AVSC
Health Care	AFSM +7.7 points	19.9%	12.2%
Technology	AFSM +6.0 points	18.2%	12.2%
Financials	AVSC +5.8 points	18.3%	24.1%
Consumer Discretionary	AVSC +4.6 points	10.8%	15.4%
Real Estate	AFSM +3.2 points	4.0%	0.8%
Industrials	AVSC +2.4 points	11.1%	13.5%
Materials	AVSC +2.1 points	2.6%	4.7%
Consumer Staples	AVSC +2.2 points	2.5%	4.7%
Utilities	AVSC +1.5 points	0.8%	2.3%
Communication	AFSM +1.1 points	4.6%	3.5%
Energy	AFSM +0.5 points	7.2%	6.7%

Country, concentration and asset class

Country by domicile

Country weights in AFSM and AVSC, widest gap first
Country	Gap	AFSM	AVSC
United States	AVSC +0.5 points	98.4%	98.9%
United Kingdom	AFSM +0.3 points	0.5%	0.2%
Brazil	AFSM +0.1 points	0.4%	0.3%
Switzerland	AFSM +0.1 points	0.4%	0.3%
Canada	AFSM +0.3 points	0.3%	0.0%
Belgium	AVSC +0.2 points	0.0%	0.2%
Singapore	AFSM +0.1 points	0.1%	0.0%
Australia	AVSC +0.1 points	0.0%	0.1%
Other countries (4)	AVSC +0.1 points	0.0%	0.1%

Concentration

Weight in the 10 largest Holdings

AFSM8.6%
AVSC3.3%

Securities held

AFSM319
AVSC1,540

Asset class

AFSM: Stocks
AVSC: Stocks

Holdings

Only in AFSM100
In both219
Only in AVSC1,321

Only in AFSM

100 securities, 32.9% of AFSM by weight

Matson, Inc.0.87%
EPAM Systems, Inc.0.80%
Apple Hospitality REIT, Inc.0.80%
Teekay Tankers Ltd. (Class A)0.74%
Protagonist Therapeutics, Inc.0.70%
Halozyme Therapeutics, Inc.0.67%
BrightSpring Health Services, Inc.0.65%
Everforth Incorporated0.63%
Chatham Lodging Trust0.61%
TG Therapeutics, Inc.0.60%
Penguin Solutions Inc.0.60%
Herbalife Ltd.0.59%
Northeast Community Bancorp, Inc.0.58%
Krystal Biotech, Inc.0.57%
CBL & Associates Properties, Inc.0.57%
Guardant Health, Inc.0.53%
Blue Bird Corporation0.51%
Bel Fuse Inc. (Class B)0.50%
Innovative Industrial Properties, Inc.0.49%
Kulicke and Soffa Industries, Inc.0.47%
EnerSys0.47%
Ziff Davis, Inc.0.47%
Viavi Solutions Inc.0.46%
Anterix Inc.0.45%
Oruka Therapeutics, Inc.0.45%
Liquidia Technologies, Inc.0.45%
Victoria's Secret & Co.0.44%
InMode Ltd.0.43%
Brinker International, Inc.0.42%
Macy's, Inc.0.42%
Axogen, Inc.0.40%
EMCOR Group, Inc.0.38%
LifeStance Health Group, Inc.0.37%
PagSeguro Digital Ltd. (Class A)0.37%
Garrett Motion Inc.0.37%
PBF Energy Inc.0.36%
Carpenter Technology Corporation0.36%
Comfort Systems USA, Inc.0.35%
Teradata Corporation0.35%
SELLAS Life Sciences Group, Inc.0.35%
10X Genomics, Inc. (Class A)0.35%
Bloom Energy Corporation (Class A)0.35%
AnaptysBio, Inc.0.34%
MGIC Investment Corporation0.34%
Powell Industries, Inc.0.32%
Fortune Brands Innovations Inc.0.32%
Twist Bioscience Corporation0.32%
OUTFRONT Media Inc.0.31%
Lionsgate Studios Corp.0.31%
Enact Holdings, Inc.0.31%

Only in AVSC

1,321 securities, 76.4% of AVSC by weight

Frontdoor Inc Common Stock USD.010.36%
Concentra Group Holdings Par Common Stock USD.010.36%
Haemonetics Corp/Mass Common Stock USD.010.34%
Tenable Holdings Inc Common Stock USD.010.32%
Vail Resorts Inc Common Stock USD.010.31%
Northwestern Energy Group In Common Stock USD.010.30%
Aci Worldwide Inc Common Stock USD.0050.29%
Grail Inc Common Stock0.29%
Cavco Industries Inc Common Stock USD.010.29%
Eastern Bankshares Inc Common Stock USD.010.29%
Trex Company Inc Common Stock USD.010.29%
Champion Homes Inc Common Stock USD.0280.29%
Cno Financial Group Inc Common Stock USD.010.28%
Sonoco Products Co Common Stock0.28%
Plains Gp Holdings Lp Ltd Part0.28%
Chefs Warehouse Inc/The Common Stock USD.010.27%
Caredx Inc Common Stock USD.0010.27%
Iridium Communications Inc Common Stock USD.0010.26%
Fortune Brands Innovations I Common Stock USD.010.26%
Tutor Perini Corp Common Stock USD1.00.26%
Meritage Homes Corp Common Stock USD.010.26%
Caesars Entertainment Inc Common Stock0.26%
Cvb Financial Corp Common Stock0.26%
Cinemark Holdings Inc Common Stock USD.0010.25%
Fulton Financial Corp Common Stock USD2.50.25%
Murphy Oil Corp Common Stock USD1.00.25%
Robert Half Inc Common Stock USD.0010.25%
Warrior Met Coal Inc Common Stock USD.010.25%
Valvoline Inc Common Stock USD.010.25%
Openlane Inc Common Stock USD.010.25%
Kontoor Brands Inc Common Stock0.25%
Pricesmart Inc Common Stock USD.00010.25%
Crispr Therapeutics AG Common Stock CHF.030.25%
Alaska Air Group Inc Common Stock USD.010.24%
Radnet Inc Common Stock USD.00010.24%
United Community Banks/Ga Common Stock USD1.00.24%
Texas Capital Bancshares Inc Common Stock USD.010.24%
Laureate Education Inc Common Stock USD.0010.24%
Fti Consulting Inc Common Stock USD.010.24%
Icu Medical Inc Common Stock USD.10.24%
Ncr Atleos Corp Common Stock USD.010.23%
Synaptics Inc Common Stock USD.0010.23%
Ha Sustainable Infrastructur Common Stock USD.010.23%
Avient Corp Common Stock USD.010.23%
Associated Banc Corp Common Stock USD.010.23%
Servisfirst Bancshares Inc Common Stock USD.0010.23%
Brunswick Corp Common Stock USD.750.23%
Diodes Inc Common Stock USD.6670.23%
Independent Bank Corp/Ma Common Stock USD.010.23%
Golar Lng Ltd Common Stock USD1.00.23%

Weight gaps

The 100 widest of 219 Holdings in both funds.

Holding weights in AFSM and AVSC, widest gap first
Holding	Gap	AFSM	AVSC
Kiniksa Pharmaceuticals International, Plc (Class A)KNSA	AFSM +0.77 points	0.93%	0.16%
Ames National CorporationATLO	AFSM +0.76 points	0.78%	0.02%
TrustCo Bank Corp NYTRST	AFSM +0.76 points	0.82%	0.06%
National HealthCare CorporationNHC	AFSM +0.73 points	0.93%	0.20%
Par Pacific Holdings, Inc.PARR	AFSM +0.73 points	0.92%	0.19%
Eton Pharmaceuticals, Inc.ETON	AFSM +0.72 points	0.80%	0.08%
OneSpan Inc.OSPN	AFSM +0.71 points	0.76%	0.05%
Heritage Insurance Holdings, Inc.HRTG	AFSM +0.69 points	0.74%	0.05%
Encore Capital Group, Inc.ECPG	AFSM +0.66 points	0.80%	0.14%
Abercrombie & Fitch Co. (Class A)ANF	AFSM +0.59 points	0.91%	0.32%
Kforce Inc.KFRC	AFSM +0.58 points	0.64%	0.06%
1st Source CorporationSRCE	AFSM +0.57 points	0.65%	0.08%
Universal Insurance Holdings, Inc.UVE	AFSM +0.54 points	0.62%	0.08%
Cars.com Inc.CARS	AFSM +0.54 points	0.58%	0.04%
TaskUs, Inc. (Class A)TASK	AFSM +0.53 points	0.54%	<0.01%
Chord Energy CorporationCHRD	AFSM +0.53 points	0.53%	0.00%
Financial Institutions, Inc.FISI	AFSM +0.51 points	0.56%	0.05%
Kohl's CorporationKSS	AFSM +0.51 points	0.66%	0.15%
Mercury General CorporationMCY	AFSM +0.51 points	0.53%	0.02%
Seneca Foods CorporationSENEA	AFSM +0.51 points	0.56%	0.05%
Mitek Systems, Inc.MITK	AFSM +0.51 points	0.56%	0.05%
First Financial CorporationTHFF	AFSM +0.50 points	0.55%	0.05%
Interface, Inc.TILE	AFSM +0.50 points	0.60%	0.10%
Acadian Asset Management Inc.AAMI	AFSM +0.50 points	0.69%	0.19%
Myers Industries, Inc.MYE	AFSM +0.50 points	0.56%	0.06%
Rigel Pharmaceuticals, Inc.RIGL	AFSM +0.49 points	0.53%	0.04%
Scorpio Tankers Inc.STNG	AFSM +0.48 points	0.66%	0.18%
H&R Block, Inc.HRB	AFSM +0.48 points	0.60%	0.12%
Movado Group, Inc.MOV	AFSM +0.48 points	0.51%	0.03%
Amalgamated Financial Corp.AMAL	AFSM +0.48 points	0.53%	0.05%
Cathay General BancorpCATY	AFSM +0.46 points	0.70%	0.24%
GigaCloud Technology Inc (Class A)GCT	AFSM +0.46 points	0.53%	0.07%
Signet Jewelers LimitedSIG	AFSM +0.44 points	0.68%	0.24%
Hamilton Insurance Group, Ltd. (Class B)HG	AFSM +0.42 points	0.54%	0.12%
Phreesia Inc.PHR	AFSM +0.43 points	0.44%	0.01%
FIGS, Inc. (Class A)FIGS	AFSM +0.41 points	0.51%	0.10%
ScanSource, Inc.SCSC	AFSM +0.40 points	0.46%	0.06%
Sphere Entertainment Co.SPHR	AFSM +0.40 points	0.60%	0.20%
Addus HomeCare CorporationADUS	AFSM +0.40 points	0.40%	<0.01%
Forum Energy Technologies, Inc.FET	AFSM +0.39 points	0.43%	0.04%
Harmony Biosciences Holdings, Inc.HRMY	AFSM +0.39 points	0.48%	0.09%
Scholastic CorporationSCHL	AFSM +0.34 points	0.37%	0.03%
Innoviva, Inc.INVA	AFSM +0.34 points	0.42%	0.08%
Climb Bio, Inc.CLYM	AFSM +0.34 points	0.36%	0.02%
CONMED CorporationCNMD	AFSM +0.32 points	0.42%	0.10%
Madison Square Garden Entertainment Corp. (Class A)MSGE	AFSM +0.32 points	0.48%	0.16%
Sally Beauty Holdings, Inc.SBH	AFSM +0.31 points	0.43%	0.12%
Harmonic Inc.HLIT	AFSM +0.32 points	0.38%	0.06%
Clear Secure, Inc. (Class A)YOU	AFSM +0.31 points	0.31%	<0.01%
SiriusPoint Ltd.SPNT	AFSM +0.31 points	0.51%	0.20%
PC Connection, Inc.CNXN	AFSM +0.30 points	0.36%	0.06%
The Gorman-Rupp CompanyGRC	AFSM +0.30 points	0.38%	0.08%
SPS Commerce, Inc.SPSC	AFSM +0.29 points	0.41%	0.12%
PubMatic, Inc. (Class A)PUBM	AFSM +0.29 points	0.34%	0.05%
Dorian LPG Ltd.LPG	AFSM +0.29 points	0.40%	0.11%
American Public Education, Inc.APEI	AFSM +0.29 points	0.32%	0.03%
Septerna, Inc.SEPN	AFSM +0.28 points	0.38%	0.10%
Essent Group Ltd.ESNT	AFSM +0.28 points	0.28%	<0.01%
Carter Bankshares, Inc.CARE	AFSM +0.28 points	0.32%	0.04%
Apogee Enterprises, Inc.APOG	AFSM +0.28 points	0.33%	0.05%
NetScout Systems, Inc.NTCT	AFSM +0.28 points	0.43%	0.15%
Pagaya Technologies Ltd. (Class A)PGY	AFSM +0.27 points	0.34%	0.07%
Yext, Inc.YEXT	AFSM +0.27 points	0.28%	0.01%
A10 Networks, Inc.ATEN	AFSM +0.27 points	0.40%	0.13%
Deluxe CorporationDLX	AFSM +0.26 points	0.34%	0.09%
Tactile Systems Technology, Inc.TCMD	AFSM +0.26 points	0.30%	0.04%
OFG BancorpOFG	AFSM +0.25 points	0.38%	0.13%
Pelagos Insurance Capital LimitedPLGO	AFSM +0.25 points	0.35%	0.10%
Science Applications International CorporationSAIC	AVSC +0.25 points	0.07%	0.32%
Teekay Corporation Ltd.TK	AFSM +0.25 points	0.28%	0.03%
Pediatrix Medical Group IncMD	AFSM +0.25 points	0.44%	0.19%
Nu Skin Enterprises, Inc. (Class A)NUS	AFSM +0.25 points	0.26%	0.01%
MAXIMUS, Inc.MMS	AFSM +0.25 points	0.33%	0.08%
The Bank of N.T. Butterfield & Son LimitedNTB	AFSM +0.25 points	0.37%	0.12%
NWPX Infrastructure, Inc.NWPX	AFSM +0.25 points	0.30%	0.05%
Kyndryl Holdings, Inc.KD	AFSM +0.25 points	0.35%	0.10%
S&T Bancorp, Inc.STBA	AFSM +0.24 points	0.36%	0.12%
Talos Energy Inc.TALO	AFSM +0.25 points	0.38%	0.13%
Smith & Wesson Brands Inc.SWBI	AFSM +0.25 points	0.29%	0.04%
Five9, Inc.FIVN	AFSM +0.24 points	0.33%	0.09%
Axcelis Technologies, Inc.ACLS	AFSM +0.24 points	0.44%	0.20%
United Fire Group, Inc.UFCS	AFSM +0.24 points	0.31%	0.07%
EverQuote, Inc. (Class A)EVER	AFSM +0.23 points	0.28%	0.05%
The Marcus CorporationMCS	AFSM +0.24 points	0.28%	0.04%
Kennametal Inc.KMT	AFSM +0.24 points	0.35%	0.11%
CorMedix Inc.CRMD	AFSM +0.23 points	0.24%	0.01%
Yelp Inc.YELP	AFSM +0.22 points	0.28%	0.06%
Certara, Inc.CERT	AFSM +0.22 points	0.26%	0.04%
Photronics, Inc.PLAB	AFSM +0.22 points	0.32%	0.10%
AMC Global Media Inc. (Class A)AMCX	AFSM +0.21 points	0.23%	0.02%
ABM Industries IncorporatedABM	AFSM +0.21 points	0.36%	0.15%
LivaNova PlcLIVN	AVSC +0.21 points	0.15%	0.36%
DHT Holdings, Inc.DHT	AFSM +0.21 points	0.35%	0.14%
Forestar Group Inc.FOR	AFSM +0.20 points	0.23%	0.03%
Liquidity Services, Inc.LQDT	AFSM +0.20 points	0.27%	0.07%
HCI Group, Inc.HCI	AFSM +0.19 points	0.31%	0.12%
TriNet Group, Inc.TNET	AFSM +0.20 points	0.27%	0.07%
Insight Enterprises, Inc.NSIT	AFSM +0.20 points	0.44%	0.24%
Metropolitan Bank Holding Corp.MCB	AFSM +0.19 points	0.26%	0.07%
Huron Consulting Group Inc.HURN	AFSM +0.19 points	0.34%	0.15%

All 321 AFSM holdings⁠All 1,536 AVSC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AFSM vs AVSC Cost

Overpaying AFSM vs AVSC

$9,323

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

AFSM 0.75%
$14,482
AVSC 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

AFSM 0.75%
AVSC 0.25%
Overpaying

Year by year

Year	AFSM	AVSC	Overpaying
10	$1,336	$455	$881
20	$5,078	$1,769	$3,309
30	$14,482	$5,159	$9,323

Expense ratio

0.75%AFSM
0.25%AVSC, cheaper

AVSC0.25%AFSM0.75%

0.25%2.20%

Middle half of US Active Small-Cap funds
Median 0.55%

AVSC cheapest of 39 funds

AFSM 29th cheapest of 39 funds

AFSM vs AVSC Dividends

Last 12 months to Nov 9, 2026

Yield (12M): AFSM 0.52%; AVSC 0.97%, better
Payout (12M): AFSM $0.20; AVSC $0.70
Last payment: AFSM $0.02; AVSC $0.21
Ex-dividend: AFSM Sep 24, 2026; AVSC Sep 8, 2026
Paid on: AFSM Sep 30, 2026; AVSC Sep 10, 2026
Frequency: AFSM Quarterly; AVSC Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

AFSMQuarterly · 24 paymentsAll AFSM payments⁠

AVSCQuarterly · 19 paymentsAll AVSC payments⁠

AFSM vs AVSC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AFSM 17.7%, betterAVSC 19.3%
Return per unit of riskSharpe ratio, 3 years: AFSM 0.93, betterAVSC 0.86
Worst fallMax drawdown, 5 years: AFSM −28.3%AVSC −28.4%since Jan 2022
Market sensitivityBeta, 5 years: AFSM 1.05AVSC 1.03; Market = 1

AFSM and AVSC in the news

All news⁠

Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Updated Oct 2, 2026AVSC

Popular comparisons

AFSMCvsFESMA
First Trust Active Factor Small Cap ETF · Fidelity Enhanced Small Cap ETF
Expense ratio
0.75% · 0.28%
Category
AVSCAvsFESMA
Avantis U.S. Small Cap Equity ETF · Fidelity Enhanced Small Cap ETF
Expense ratio
0.25% · 0.28%
Category
AFSMCvsDFSVA
First Trust Active Factor Small Cap ETF · U.S. Small Cap Value Portfolio ETF Class Shares
Expense ratio
0.75% · 0.30%
Category
AVSCAvsDFSVA
Avantis U.S. Small Cap Equity ETF · U.S. Small Cap Value Portfolio ETF Class Shares
Expense ratio
0.25% · 0.30%
Category
AFSMCvsDUSGA
First Trust Active Factor Small Cap ETF · U.S. Small Cap Growth Portfolio: ETF Class Shares
Expense ratio
0.75% · 0.33%
Category
AVSCAvsDUSGA
Avantis U.S. Small Cap Equity ETF · U.S. Small Cap Growth Portfolio: ETF Class Shares
Expense ratio
0.25% · 0.33%
Category

AFSM vs AVSC

In short

Stated mandate

Why people hold it

Worth knowing

How AFSM and AVSC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AFSM

Only in AVSC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart

How AFSM and AVSC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AFSM

Only in AVSC

Weight gaps