AVDE vs OTGL

AVDEAAvantis International Equity ETF

OTGLFOTG Latin America 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.

OTGL A concentrated bet on Latin America, run by stock pickers rather than an index. A 2025 launch that is small, lightly traded, and priced like the specialist product it is.

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.

OTGL The fund seeks long-term capital appreciation by investing in equity securities of companies located in Latin America.

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.

• OTGL One ticker for Latin American equities, with a mandate to hunt long-term capital appreciation in companies located in the region.
• No declared benchmark to hug. The managers pick the names, so results depend on their calls rather than an index committee's country weights.
• Standard 1940 Act fund wrapper: the plain-vanilla ETF plumbing most investors already know, and it distributes quarterly.

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.

• OTGL The 0.95% expense ratio sits well above the typical international stock fund. Broad developed-market options such as AVDE (0.23%) and DFIC (0.22%) cost a fraction of it.
• Small asset base and thin trading. Spreads can be wide and modest orders can move the price, so the fill you get may differ from the quote you see.
• Launched in July 2025, so there is little track record to judge. Single-region exposure also means currency swings and local politics land undiluted.

Full AVDE profile⁠

Full OTGL profile⁠