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AVDE vs TXUG

Avantis International Equity ETF

AVDEANYSE Arca

Thornburg International Growth Fund ETF

TXUGDNasdaq

Overlap

Expense ratio

AVDE −0.47pt a year

AVDE0.23%TXUG0.70%

Avg volume · 30D

AVDE 2000.0×the volume

AVDE1.06MTXUG528

AVDE vs TXUG Performance

Oct 31, 2025 – Nov 2, 2026

+15.9%AVDE+2.8%TXUG

Oct 31, 2025 to Nov 2, 2026. AVDE +15.9%. TXUG +2.8%. Use the arrow keys to read each point.−10%−5%10%20%Oct 2025May 2026Nov 2026
Expense ratio
AVDE 0.23%, better
TXUG 0.70%
Fund size
AVDE $19.4B
TXUG $4M
1Y total return
AVDE +15.9%, better
TXUG +2.8%
Yield (12M)
AVDE 2.83%
TXUG No data
Holdings
AVDE 3391
TXUG 42
Avg volume (30D)
AVDE 1.06M sh, better
TXUG 528 sh
NAV per share
AVDE $89.03
TXUG $26.08
52W range

ETF.net Grade

AVDE: Cost 96, Risk 64, Mission not scored, Tradability 92, Holdings 90, Durability 89. TXUG: Cost 30, Risk 30, Mission 66, Tradability 26, Holdings 24, Durability 36.
Pillar letters and Scores for AVDE, TXUG, with each pillar’s weight
PillarAVDETXUG
Cost30% weightA96HigherD30
Mission25% weightNot scoredB66
Risk15% weightB64HigherD30
Tradability15% weightA92HigherD26
Holdings10% weightA90HigherF24
Durability5% weightA89HigherD36

Rank among International Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVDE and TXUG 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 TXUG 49th 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 49DEPINHarbor International Equity ETF (EPIN)Score 28
  4. Rank 49DTXUGThornburg International Growth Fund ETFScore 28
  5. Rank 51DBCILBancreek International Large Cap ETFScore 27

Our read on each fund

ETF.net Research

AVDEAAvantis International Equity ETF

TXUGDThornburg International Growth Fund 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.

TXUG Thornburg's answer to index-hugging international funds: an active, quality-growth portfolio of developed-market companies outside the US, launched in 2025 and priced at 0.70% for the human stock picking.

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.

TXUG The fund expects to invest primarily in equity securities or depositary receipts of issuers from developed markets outside the United States.

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.
  • TXUG Genuinely active, not an index tracker. Thornburg hunts developed-market companies it judges to have durable competitive advantages and long-term growth potential.thornburg.com
  • Stays on its stated mandate: equities and depositary receipts of issuers in developed markets outside the US, closely matching what the prospectus describes.
  • The mandate reaches past mega caps into small and mid caps, so the portfolio can look meaningfully different from a cap-weighted international index fund.thornburg.com

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.
  • TXUG The 0.70% fee sits above the typical active international fund, and systematic rivals like AVDE (0.23%) and DFIC (0.22%) charge roughly a third as much.
  • A small, lightly traded fund, so bid-ask spreads can run wider than in the category's heavyweights.
  • Launched in 2025, so the track record is short. Growth-priced foreign stocks also bring currency swings and sharper reactions to earnings surprises.thornburg.com

Full AVDE profile⁠

Full TXUG profile⁠

AVDE vs TXUG 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 TXUG Cost

Overpaying TXUG vs AVDE

$8,847

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

  • AVDE 0.23%

    $4,759

  • TXUG 0.70%

    $13,606

$10,000
30 years

Cost over time

  • AVDE 0.23%
  • TXUG 0.70%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TXUG $13,606AVDE $4,759

Year by year

YearAVDETXUGOverpaying
10$419$1,250$831
20$1,630$4,760$3,130
30$4,759$13,606$8,847

Expense ratio

  • 0.23%AVDE, cheaper
  • 0.70%TXUG
  • Middle half of International Active Equity funds
  • Median 0.55%

AVDE 3rd cheapest of 55 funds

TXUG 38th cheapest of 55 funds

AVDE vs TXUG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
AVDE 2.83%
TXUG No data
Payout (12M)
AVDE $2.53
TXUG No data
Last payment
AVDE $0.33
TXUG $0.12
Ex-dividend
AVDE Sep 8, 2026
TXUG Dec 18, 2025
Paid on
AVDE Sep 10, 2026
TXUG Dec 19, 2025
Frequency
AVDE Quarterly
TXUG Irregular

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
TXUGIrregular · 1 paymentAll TXUG payments⁠
One bar per payment. 1 payment from 2019 to 2026 YTD. Dec 18, 2025 $0.12. Use the arrow keys to read each point.$0$1202020232026YTD

AVDE vs TXUG 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%TXUG 14.3%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
AVDE 1.35TXUG −0.06since Feb 2025
Worst fallMax drawdown, 5 years
AVDE −28.7%TXUG −18.6%since Jan 2025
Market sensitivityBeta, 5 years
AVDE 0.88TXUG 0.82

AVDE and TXUG in the news

All news⁠

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