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AVDE vs AVDS

Avantis International Equity ETF

AVDEANYSE Arca

Avantis International Small Cap Equity ETF

AVDSANYSE Arca

Overlap

Expense ratio

AVDE −0.07pt a year

AVDE0.23%AVDS0.30%

Avg volume · 30D

AVDE 42.4×the volume

AVDE1.06MAVDS24.9K

3Y return · a year

AVDS +0.2pt

AVDE+22.0%AVDS+22.2%

AVDE vs AVDS Performance

Oct 31, 2025 – Oct 30, 2026

+15.6%AVDE+16.7%AVDS

Oct 31, 2025 to Oct 30, 2026. AVDE +15.6%. AVDS +16.7%. Use the arrow keys to read each point.0%5%10%20%25%Oct 2025Apr 2026Oct 2026
Expense ratio
AVDE 0.23%, better
AVDS 0.30%
Fund size
AVDE $19.4B
AVDS $374M
1Y total return
AVDE +15.6%
AVDS +16.7%, better
Yield (12M)
AVDE 2.84%, better
AVDS 2.66%
Holdings
AVDE 3394
AVDS 3124
Avg volume (30D)
AVDE 1.06M sh, better
AVDS 24.9K sh
NAV per share
AVDE $89.03
AVDS $76.06
52W range

ETF.net Grade

AVDE: Cost 96, Risk 63, Mission not scored, Tradability 92, Holdings 90, Durability 89. AVDS: Cost 89, Risk 64, Mission not scored, Tradability 66, Holdings 90, Durability 69.
Pillar letters and Scores for AVDE, AVDS, with each pillar’s weight
PillarAVDEAVDS
Cost30% weightA96HigherA89
Mission25% weightNot scoredNot scored
Risk15% weightB63B64Higher
Tradability15% weightA92HigherB66
Holdings10% weightA90A90
Durability5% weightA89HigherB69

Rank among International Active Equity funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVDE and AVDS are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds
See all 55 ›

AVDE ranks 1st and AVDS 4th of 55 funds in the International Active Equity Category.

  1. Rank 1AAVDEAvantis International Equity ETFScore 87
  2. Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
  3. Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
  4. Rank 4AAVDSAvantis International Small Cap Equity ETFScore 78
  5. Rank 5AENHIiShares Enhanced International Active ETFScore 76

Our read on each fund

ETF.net Research

AVDEAAvantis International Equity ETF

AVDSAAvantis International Small Cap Equity ETF

In short

AVDE Active management at almost-index prices: Avantis runs roughly 3,300 developed-market stocks outside the US without tracking a benchmark, for 0.23% a year. One of the strongest implementations in its active international peer group.

AVDS Avantis casts a wide net: roughly 3,000 non-US developed small caps, weighted with an eye on price, profitability and how much cash companies plow back in. Active management that looks a lot like an index fund with its thumb on the scale.

Stated mandate

AVDE Invests in a broad range of stocks of all sizes across non-U.S. developed countries, with active portfolio management rather than replication of a specified index.

AVDS The ETF seeks long-term capital appreciation by investing in a broad group of non-U.S. small-cap companies and considering valuation, profitability, and investment levels when selecting and weighting securities.

Why people hold it

  • AVDE 0.23% a year, well under half the typical fee in its active international peer group. Active management usually costs more than this.
  • Index-like breadth without an index: about 3,300 stocks of all sizes across non-US developed countries, chosen by managers rather than copied from a benchmark.avantisinvestors.com
  • A multi-billion-dollar fund that trades actively, so getting in and out tends to be cheap and easy. It pays out quarterly.
  • Sits at the top of a crowded field alongside rivals like DFIC and JIRE, priced within a basis point or two of both.
  • AVDS Charges 0.30% a year, about half the typical fee in its active international peer group. Cheap is a durable edge in a corner of the market where fees usually run high.
  • Roughly 3,000 holdings, so no single stock or country steers the outcome. This is small-cap breadth, not a concentrated stock-picking bet.
  • The tilts are the whole design: valuation, profitability and investment levels shape both what it owns and how much of each, measured against MSCI World ex USA Small Cap.avantisinvestors.com
  • Sits among the strongest builds in a crowded field of active international equity funds. Broad, systematic, low-fee: the boxes that tend to stay ticked.

Worth knowing

  • AVDE Developed markets only. Emerging markets are a separate purchase if you want them.
  • No index to grade the manager against, so results come down to Avantis's own portfolio calls rather than a published benchmark.
  • It is all-equity and all-foreign: stock market swings plus currency moves both show up in the price.
  • AVDS Thinly traded compared with the big international names. Limit orders and a look at the spread earn their keep here.
  • Launched in 2023, so the live record is short even though the approach behind it is not new.
  • Costs more than Avantis' broad international fund AVDE (0.23%). Small caps abroad are pricier to research and trade, and they swing harder.

Full AVDE profile⁠

Full AVDS profile⁠

AVDE vs AVDS 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.

AVDE vs AVDS Cost

Overpaying AVDS vs AVDE

$1,390

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

  • AVDE 0.23%

    $4,759

  • AVDS 0.30%

    $6,149

$10,000
30 years

Cost over time

  • AVDE 0.23%
  • AVDS 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530AVDS $6,149AVDE $4,759

Year by year

YearAVDEAVDSOverpaying
10$419$545$126
20$1,630$2,113$483
30$4,759$6,149$1,390

Expense ratio

  • 0.23%AVDE, cheaper
  • 0.30%AVDS
  • Middle half of International Active Equity funds
  • Median 0.55%

AVDE 3rd cheapest of 55 funds

AVDS 6th cheapest of 55 funds

AVDE vs AVDS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVDE 2.84%, better
AVDS 2.66%
Payout (12M)
AVDE $2.53
AVDS $2.03
Last payment
AVDE $0.33
AVDS $0.28
Ex-dividend
AVDE Sep 8, 2026
AVDS Sep 8, 2026
Paid on
AVDE Sep 10, 2026
AVDS Sep 10, 2026
Frequency
AVDE Quarterly
AVDS Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

AVDEQuarterly · 16 paymentsAll AVDE payments⁠
One bar per payment. 16 payments from 2019 to 2026 YTD. Dec 27, 2019 $0.16; Jun 23, 2020 $0.39; Dec 17, 2020 $0.54; Jun 22, 2021 $0.70; Dec 16, 2021 $0.86; Jun 21, 2022 $0.95; Dec 15, 2022 $0.53; Jun 20, 2023 $1.05; Dec 18, 2023 $0.77; Jun 24, 2024 $1.17; Dec 17, 2024 $0.85; Jun 24, 2025 $1.25; Dec 16, 2025 $0.94; Mar 10, 2026 $0.10; Jun 9, 2026 $1.17; Sep 8, 2026 $0.33. Use the arrow keys to read each point.$0$1202020232026YTD
AVDSQuarterly · 8 paymentsAll AVDS payments⁠
One bar per payment. 8 payments from 2019 to 2026 YTD. Dec 18, 2023 $0.38; Jun 24, 2024 $0.82; Dec 17, 2024 $0.77; Jun 24, 2025 $0.78; Dec 16, 2025 $0.87; Mar 10, 2026 $0.03; Jun 9, 2026 $0.85; Sep 8, 2026 $0.28. Use the arrow keys to read each point.$0$1202020232026YTD

AVDE vs AVDS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVDE 12.1%, betterAVDS 14.2%
Return per unit of riskSharpe ratio, 3 years
AVDE 1.35, betterAVDS 1.18
Worst fallMax drawdown, 5 years
AVDE −28.7%AVDS −13.5%since Jul 2023
Market sensitivityBeta, 5 years
AVDE 0.88AVDS 0.73

AVDE and AVDS in the news

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