AIVI vs AVIV: Grades, Fees and Holdings Compared

WisdomTree International AI Enhanced Value Fund

AIVIBNYSE Arca

Avantis International Large Cap Value ETF

AVIVANYSE Arca

Overlap

14.9%by weight

Expense ratio

AVIV −0.33pt a year

AIVI0.58%AVIV0.25%

Avg volume · 30D

AVIV 39.7×the volume

AIVI2.49KAVIV99K

5Y return · a year

AVIV +0.4pt

AIVI+12.1%AVIV+12.5%

AIVI vs AVIV Performance

Oct 29, 2021 – Oct 30, 2026

+76.7%AIVI+80.5%AVIV

Expense ratio: AIVI 0.58%; AVIV 0.25%, better
Fund size: AIVI $58M; AVIV $2.05B
1Y total return: AIVI +22.8%, better; AVIV +20.3%
Yield (12M): AIVI 5.00%, better; AVIV 2.86%
Holdings: AIVI 152; AVIV 583
Avg volume (30D): AIVI 2.49K sh; AVIV 99K sh, better
NAV per share: AIVI $57.98; AVIV $79.11
52W range

ETF.net Grade

Pillar letters and Scores for AIVI, AVIV, with each pillar’s weight
Pillar	AIVI	AVIV
Cost30% weight	B59	A100Higher
Mission25% weight	A86	Not scored
Risk15% weight	B67Higher	B57
Tradability15% weight	D28	A79Higher
Holdings10% weight	A75	A84Higher
Durability5% weight	B62	A84Higher

Rank among International Active Value funds

How we build Categories ›

Same Category. AIVI and AVIV are both graded against the same 18 International Active Value funds, so their Grades compare head to head.

International Active Value⁠

Category · 18 funds

See all 18 ›

AVIV ranks 1st and AIVI 7th of 18 funds in the International Active Value Category.

Rank 1AAVIVAvantis International Large Cap Value ETFScore 84
Rank 2AAVDVAvantis International Small Cap Value ETFScore 83
Rank 6BMIVLMFS Active International Large Capital Value EtfScore 57
Rank 7BAIVIWisdomTree International AI Enhanced Value FundScore 56
Rank 8CDTANSparkline International Intangible Value ETFScore 51

Our read on each fund

ETF.net Research

AIVIBWisdomTree International AI Enhanced Value Fund

AVIVAAvantis International Large 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.

AVIV Avantis takes the academic value playbook overseas: about 600 developed-market large caps screened for cheap prices and strong profitability, at 0.25% a year. Active management without the active-manager price tag.

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.

AVIV The fund seeks long-term capital appreciation through a broadly diversified portfolio of large-capitalization companies in non-U.S. developed countries.

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.

AVIV 0.25% a year, against a roughly 0.65% median across active international value funds. Cheap enough that the fee stops being the deciding factor.
Two screens, not one: cheap valuations plus higher profitability. Both factors are written into the mandate rather than left to a manager's mood.
About 600 large caps spread across non-US developed markets, so no single name or country steers the fund. Breadth is the design, not a byproduct.
Among the active international value ETFs we cover, one of the strongest implementations in the group, and it has been running since 2021.

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.

AVIV Value tilts can lag the broad market for long stretches. This one holds the tilt through those stretches rather than trying to time it.
Active, with no published index behind it. You are buying the Avantis process, not a rulebook you can audit line by line.
Large caps only. The same approach for smaller overseas companies lives in a sibling fund, AVDV, which charges 0.36%.

Full AIVI profile⁠

Full AVIV profile⁠

AIVI vs AVIV Holdings

How AIVI and AVIV differ

Overlap by weight

14.9%

Shared holdings make up 39.6% of AIVI and 19.8% of AVIV.

Level by level

Holdings48 in both14.9%
Sector11 Sectors79.1%
Countryby domicile83.5%
Asset classEquity100%

Sector

Sector weights in AIVI and AVIV, widest gap first
Sector	More in AIVIMore in AVIV	AIVI	AVIV
Financials	AIVI +7.6 points	38.1%	30.5%
Energy	AVIV +5.4 points	6.9%	12.3%
Utilities	AIVI +5.1 points	5.3%	0.2%
Consumer Discretionary	AVIV +4.4 points	6.0%	10.4%
Consumer Staples	AIVI +4.3 points	8.5%	4.2%
Industrials	AVIV +4.0 points	13.9%	17.9%
Materials	AVIV +2.8 points	7.8%	10.6%
Communication	AVIV +2.8 points	2.1%	4.9%
Real Estate	AIVI +2.4 points	3.1%	0.7%
Health Care	AIVI +1.6 points	6.0%	4.4%
Technology	AVIV +1.4 points	2.5%	3.9%

Country, concentration and asset class

Country by domicile

Country weights in AIVI and AVIV, widest gap first
Country	More in AIVIMore in AVIV	AIVI	AVIV
Canada	AVIV +13.3 points	0.0%	13.3%
France	AIVI +3.4 points	11.6%	8.2%
Japan	AIVI +2.3 points	22.8%	20.5%
Singapore	AIVI +1.9 points	3.7%	1.8%
United Kingdom	AIVI +1.6 points	16.5%	14.9%
Italy	AIVI +1.4 points	5.3%	4.0%
Belgium	AIVI +1.3 points	1.8%	0.5%
Germany	AVIV +1.1 points	6.4%	7.5%
Other countries (18)	AIVI +2.5 points	31.8%	29.3%

Outside the US: AIVI 98% developed, 2% emerging. AVIV 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

AIVI18.7%
AVIV16.9%

Securities held

AIVI139
AVIV575

Asset class

AIVI: Equity
AVIV: Equity

Holdings

Only in AIVI91
In both48
Only in AVIV527

Only in AIVI

91 securities, 60.1% of AIVI by weight

National Australia Bank Ltd2.22%
British American Tobacco Plc2.08%
HSBC Holdings PLC1.59%
Societe Generale1.59%
Danske Bank A/S1.47%
Phoenix Group Holdings Plc1.35%
Sony Group Corp1.31%
United Utilities Group PLC1.29%
Mitsubishi UFJ Financial Group1.23%
Unipol Gruppo Finanziario SpA1.22%
Mediolanum SpA1.17%
Banco Bilbao Vizcaya Argentaria SA1.15%
Nestle SA1.15%
Imperial Brands PLC1.15%
Sanofi SA1.15%
Bayer AG1.14%
Reckitt Benckiser Group Plc1.14%
Sap AG1.08%
iShares MSCI EAFE Value ETF1.05%
Axa Sa1.04%
Italgas SpA1.00%
Scentre Group0.93%
Komatsu Ltd0.91%
Henkel AG & Co KGaA0.88%
Bp PLC0.83%
Lonza Group AG0.83%
Medibank Private Limited0.82%
BNP Paribas0.79%
Makita Corp0.75%
VAT Group Ag0.72%
Eisai Co Ltd0.71%
Unilever Plc0.67%
Hochtief AG0.67%
APA Group0.66%
Daiwa House Industry Co Ltd0.66%
Dufry AG0.65%
BE Semiconductor Industries0.65%
Mizuho Financial Group Inc0.64%
GSK Plc0.64%
Shin-Etsu Chemical Co Ltd0.61%
Mitsui Mining & Smelting Co Lt0.60%
Allied Irish Banks PLC0.60%
Unicharm Corp0.60%
Swatch Group AG/The0.58%
Sumitomo Mitsui Financial Group0.58%
Naturgy Energy Group SA0.57%
Governor & Co of the Bank of I0.57%
Asahi Group Holdings Ltd0.57%
Denso Corp0.53%
Siemens Ag-Reg0.52%

Only in AVIV

527 securities, 80.2% of AVIV by weight

Shell PLC Adr Adr2.34%
Banco Bilbao Vizcaya Sp Adr Adr2.22%
Bp PLC Spons Adr Adr1.61%
Toronto Dominion Bank Common Stock1.43%
Rolls Royce Holdings PLC Common Stock GBP.21.38%
Ubs Group AG Reg Common Stock USD.11.30%
Bhp Group Ltd Spon Adr Adr1.29%
Canadian Natural Resources Common Stock1.20%
Safran SA Common Stock EUR.21.14%
Suncor Energy Inc Common Stock1.08%
Toyota Motor Corp Spon Adr Adr1.01%
Eni Spa Sponsored Adr Adr1.00%
Unicredit Spa Common Stock0.98%
Intesa Sanpaolo Common Stock0.96%
Natwest Group PLC Spon Adr Adr0.96%
Asml Holding NV Ny Reg Shs Ny Reg Shrs EUR.090.95%
Bank of Nova Scotia Common Stock0.88%
Industria De Diseno Textil Common Stock EUR.030.82%
Cenovus Energy Inc Common Stock0.77%
Vodafone Group PLC Sp Adr Adr0.76%
Sumitomo Mitsui Spons Adr Adr0.74%
Adidas AG Common Stock0.74%
Dhl AG Common Stock0.74%
Woodside Energy Group Ltd Common Stock0.67%
Diageo PLC Sponsored Adr Adr0.66%
Agnico Eagle Mines Ltd Common Stock0.66%
Nordea Bank Abp Common Stock EUR1.00.65%
Dbs Group Holdings Ltd Common Stock0.65%
Can Imperial Bk of Commerce Common Stock0.64%
Compagnie De Saint Gobain Common Stock EUR4.00.63%
Canadian Natl Railway Co Common Stock0.61%
Tesco PLC Common Stock GBP.06333330.61%
Legal & General Group PLC Common Stock GBP.0250.59%
Barrick Mining Corp Common Stock0.59%
Next PLC Common Stock GBP.10.57%
Gsk PLC Spon Adr Adr0.57%
Sony Group Corp Sp Adr Adr0.57%
Novo Nordisk A/S Spons Adr Adr0.55%
Whitecap Resources Inc Common Stock0.52%
Hong Kong Exchanges & Clear Common Stock0.50%
Intl Consolidated Airline Di Common Stock EUR.10.50%
Teck Resources Ltd Cls B Common Stock0.49%
Mitsubishi Heavy Industries Common Stock0.49%
Mercedes Benz Group AG Common Stock0.49%
Sika AG Reg Common Stock CHF.010.47%
Kddi Corp Common Stock0.46%
Magna International Inc Common Stock0.45%
Saipem Spa Common Stock0.45%
Bt Group PLC Common Stock GBP.050.44%
Carrefour SA Common Stock EUR2.50.43%

Weight gaps

All 48 Holdings in both funds, largest gap first.

Holding weights in AIVI and AVIV, widest gap first
Holding	More in AIVIMore in AVIV	AIVI	AVIV
Shell Plc-NewSHEL.L	AIVI +1.78 points	1.96%	0.18%
TotalEnergies	AIVI +1.50 points	2.93%	1.43%
DNB Bank ASA	AIVI +1.40 points	1.52%	0.12%
Oversea-Chinese Banking Corp Ltd	AIVI +1.39 points	1.80%	0.41%
Roche Holding Ag	AVIV +1.35 points	0.83%	2.18%
Mitsubishi Chemical Holdings Corp	AIVI +1.35 points	1.39%	0.04%
Skandinaviska Enskilda Banken	AIVI +1.31 points	1.36%	0.05%
Swedbank AB	AIVI +1.25 points	1.45%	0.20%
ABN AMRO Group NV	AIVI +1.25 points	1.44%	0.19%
Astellas Pharma Inc	AIVI +1.19 points	1.54%	0.35%
M&G PlcMNG.L	AIVI +1.16 points	1.36%	0.20%
Bridgestone Corp	AIVI +1.10 points	1.45%	0.35%
Allianz SE	AVIV +1.08 points	0.43%	1.51%
Nitto Denko Corp	AIVI +1.01 points	1.21%	0.20%
QBE Insurance Group Ltd	AIVI +0.88 points	1.25%	0.37%
Kubota Corp	AIVI +0.77 points	0.95%	0.18%
Syensqo Sa	AIVI +0.76 points	0.77%	<0.01%
KBC Groep NV	AIVI +0.66 points	0.79%	0.13%
Zurich Insurance Group Ag	AVIV +0.61 points	0.84%	1.45%
Mizrahi Tefahot Bank Ltd	AIVI +0.55 points	0.62%	0.07%
LVMH Moet Hennessy Louis Vuitton SE	AVIV +0.53 points	0.20%	0.73%
Muenchener Rueckver Ag-Reg	AVIV +0.41 points	0.41%	0.82%
Ageas	AIVI +0.40 points	0.42%	0.02%
Aena Sme Sa	AIVI +0.41 points	0.74%	0.33%
Deutsche Telekom AG	AIVI +0.40 points	1.26%	0.86%
ASM International NV	AIVI +0.40 points	0.44%	0.04%
Eiffage SA	AIVI +0.40 points	0.83%	0.43%
Vinci SA	AIVI +0.33 points	1.22%	0.89%
Aisin Co Ltd	AIVI +0.27 points	0.38%	0.11%
Bank Hapoalim BM	AIVI +0.26 points	0.47%	0.21%
Softbank Corp	AVIV +0.25 points	0.57%	0.82%
Bank Leumi Le-Israel BM	AIVI +0.22 points	0.39%	0.17%
Julius Baer Group Ltd	AIVI +0.21 points	0.68%	0.47%
Logitech International-Reg	AVIV +0.18 points	0.21%	0.39%
AGC Inc	AIVI +0.17 points	0.31%	0.14%
Fresnillo PlcFRES.L	AIVI +0.16 points	0.31%	0.15%
Mapfre SA	AVIV +0.15 points	0.26%	0.41%
Wharf Real Estate Investment	AIVI +0.13 points	0.32%	0.19%
Kioxia Holdings Corp	AIVI +0.12 points	0.12%	<0.01%
Bawag Group Ag	AIVI +0.11 points	0.22%	0.11%
DSM-Firmenich AG	AIVI +0.09 points	0.27%	0.18%
Inpex Corp	AIVI +0.09 points	0.36%	0.27%
Admiral Group PLCADM.L	AVIV +0.08 points	0.32%	0.40%
Rio Tinto Ltd	AVIV +0.08 points	0.22%	0.30%
ENEOS Holdings Inc	AVIV +0.07 points	0.28%	0.35%
Associated British Foods PLCABF.L	AIVI +0.05 points	0.23%	0.18%
Swiss Reinsurance	AVIV +0.05 points	0.69%	0.74%
Sumitomo Corp	AVIV +0.01 points	0.40%	0.41%

All 134 AIVI holdings⁠All 596 AVIV 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.

AIVI vs AVIV Cost

Overpaying AIVI vs AVIV

$6,294

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

AIVI 0.58%
$11,453
AVIV 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

AIVI 0.58%
AVIV 0.25%
Overpaying

Year by year

Year	AIVI	AVIV	Overpaying
10	$1,041	$455	$586
20	$3,986	$1,769	$2,217
30	$11,453	$5,159	$6,294

Expense ratio

0.58%AIVI
0.25%AVIV, cheaper

AVIV0.25%AIVI0.58%

0.25%0.85%

Middle half of International Active Value funds
Median 0.63%

AVIV cheapest of 18 funds

AIVI 8th cheapest of 18 funds

AIVI vs AVIV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AIVI 5.00%, better; AVIV 2.86%
Payout (12M): AIVI $2.88; AVIV $2.27
Last payment: AIVI $0.28; AVIV $0.27
Ex-dividend: AIVI Sep 25, 2026; AVIV Sep 8, 2026
Paid on: AIVI Sep 29, 2026; AVIV Sep 10, 2026
Frequency: AIVI Quarterly; AVIV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AIVIQuarterly · 39 paymentsAll AIVI payments⁠

AVIVQuarterly · 12 paymentsAll AVIV payments⁠

AIVI vs AVIV Risk

Fall from peak · 5 years

AIVI
AVIV

Risk facts

VolatilityStd dev, 3 years: AIVI 11.8%AVIV 11.7%, better
Return per unit of riskSharpe ratio, 3 years: AIVI 1.37AVIV 1.50, better
Worst fallMax drawdown, 5 years: AIVI −28.1%AVIV −27.7%, better
Market sensitivityBeta, 5 years: AIVI 0.84AVIV 0.82; Market = 1

AIVI and AVIV in the news

All news⁠

ETF Filings
American Century files a mutual-fund wrapper for Avantis international large-cap value
Sep 7, 2026AVIV

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AIVI vs AVIV

In short

Stated mandate

Why people hold it

Worth knowing

How AIVI and AVIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AIVI

Only in AVIV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

American Century files a mutual-fund wrapper for Avantis international large-cap value

How AIVI and AVIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AIVI

Only in AVIV

Weight gaps