AIVI vs AVDV

AIVIBWisdomTree International AI Enhanced Value Fund

AVDVAAvantis International Small Cap Value ETF

In short

AIVI Stock picking handed to a machine: Voya's proprietary quantitative AI model sifts developed-market value names outside the US and Canada into a roughly 130-stock portfolio, inside a WisdomTree fund running since 2006.

AVDV Foreign small-cap value is the thin, overlooked corner of the world market. AVDV works it with index-like breadth, roughly 1,700 overseas small caps screened for cheap prices and real profits, at a fee well under its peer group's median.

Stated mandate

AIVI The Fund seeks income and capital appreciation through primarily equity investments in developed-market companies outside the United States and Canada that exhibit value characteristics identified by Voya's proprietary quantitative AI model.

AVDV Seeks long-term capital appreciation by investing in non-U.S. developed small-cap companies selected for low valuations and higher profitability ratios.

Why people hold it

• AIVI Costs 0.58% a year, under the typical fund in its international value peer group.
• The AI label isn't decoration. Voya's proprietary quantitative model picks the stocks, and WisdomTree writes that into the fund's stated objective.wisdomtree.com
• Narrow, legible mandate: developed markets outside the US and Canada, value characteristics, roughly 130 names. The portfolio matches what the objective promises.
• Income sits in the objective alongside capital appreciation, and the fund distributes quarterly.

• AVDV Charges 0.36% a year, well under the median for active international value funds and below peers like JIVE (0.55%) and FEOE (0.50%).
• Holds roughly 1,700 non-US developed small caps and stacks a profitability screen on top of the value screen, aimed at the cheap-for-a-reason names.avantisinvestors.com
• Live since 2019 and now a multi-billion-dollar fund that changes hands readily, which matters when the underlying holdings are small foreign stocks.
• One of the stronger builds in its active international value group: broad, cheap, and rules-driven rather than a manager's hunch list.avantisinvestors.com

Worth knowing

• AIVI Thinly traded. Limit orders and a look at the spread matter more here than with a household-name international fund.
• Cheaper than the peer median, not cheapest on the shelf: AVIV charges 0.25% and AVDV 0.36% in the same international value group.
• Active, not indexed. There's no published rulebook to audit the holdings against, so what you own rests on the model's judgment.

• AVDV Small caps abroad plus a value tilt can swing harder than big-name international funds, and currency moves flow straight through to results.avantisinvestors.com
• Actively managed with no index to replicate, so holdings follow Avantis' models. MSCI World ex-USA Small Cap is the yardstick, not the blueprint.avantisinvestors.com
• Developed markets only, and it pays quarterly rather than monthly. For overseas large-cap value, sibling fund AVIV runs 0.25%.

Full AIVI profile⁠

Full AVDV profile⁠