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AVDS vs PIEQ

Avantis International Small Cap Equity ETF

AVDSANYSE Arca

Principal International Equity ETF

PIEQBCboe

Overlap

Expense ratio

AVDS −0.18pt a year

AVDS0.30%PIEQ0.48%

Avg volume · 30D

PIEQ 1.8×the volume

AVDS23.5KPIEQ42.8K

AVDS vs PIEQ Performance

Nov 7, 2025 – Nov 9, 2026

+19.1%AVDS+15.6%PIEQ

Nov 7, 2025 to Nov 9, 2026. AVDS +19.1%. PIEQ +15.6%. Use the arrow keys to read each point.0%5%10%25%Nov 2025May 2026Nov 2026
Expense ratio
AVDS 0.30%, better
PIEQ 0.48%
Fund size
AVDS $366M
PIEQ $1.3B
1Y total return
AVDS +19.1%, better
PIEQ +15.6%
Yield (12M)
AVDS 2.64%, better
PIEQ 1.18%
Holdings
AVDS 3116
PIEQ 39
Avg volume (30D)
AVDS 23.5K sh
PIEQ 42.8K sh, better
NAV per share
AVDS $74.33
PIEQ $34.95
52W range

ETF.net Grade

AVDS: Cost 89, Risk 65, Mission not scored, Tradability 64, Holdings 90, Durability 69. PIEQ: Cost 71, Risk 62, Mission not scored, Tradability 60, Holdings 42, Durability 66.
Pillar letters and Scores for AVDS, PIEQ, with each pillar’s weight
PillarAVDSPIEQ
Cost30% weightA89HigherA71
Mission25% weightNot scoredNot scored
Risk15% weightB65HigherB62
Tradability15% weightB64HigherB60
Holdings10% weightA90HigherC42
Durability5% weightB69HigherB66

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. AVDS and PIEQ 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 ›

AVDS ranks 3rd and PIEQ 19th of 55 funds in the International Active Equity Category.

  1. Rank 1AAVDEAvantis International Equity ETFScore 88
  2. Rank 2ADFICDimensional International Core Equity 2 ETFScore 87
  3. Rank 3AAVDSAvantis International Small Cap Equity ETFScore 77
  4. Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 77
  5. Rank 18BPQNTPictet AI Enhanced International Equity ETFScore 63
  6. Rank 19BPIEQPrincipal International Equity ETFScore 62
  7. Rank 20BCGICCapital Group International Core Equity ETFScore 61

Our read on each fund

ETF.net Research

AVDSAAvantis International Small Cap Equity ETF

PIEQBPrincipal International Equity ETF

In short

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.

PIEQ No data

Stated mandate

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.

PIEQ No data

Why people hold it

  • 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.

PIEQ No data

Worth knowing

  • 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.

PIEQ No data

Full AVDS profile⁠

Full PIEQ profile⁠

AVDS vs PIEQ 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.

AVDS vs PIEQ Cost

Overpaying PIEQ vs AVDS

$3,456

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

  • AVDS 0.30%

    $6,149

  • PIEQ 0.48%

    $9,605

$10,000
30 years

Cost over time

  • AVDS 0.30%
  • PIEQ 0.48%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PIEQ $9,605AVDS $6,149

Year by year

YearAVDSPIEQOverpaying
10$545$865$320
20$2,113$3,328$1,215
30$6,149$9,605$3,456

Expense ratio

  • 0.30%AVDS, cheaper
  • 0.48%PIEQ
  • Middle half of International Active Equity funds
  • Median 0.55%

AVDS 6th cheapest of 55 funds

PIEQ 17th cheapest of 55 funds

AVDS vs PIEQ Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
AVDS 2.64%, better
PIEQ 1.18%
Payout (12M)
AVDS $2.03
PIEQ $0.42
Last payment
AVDS $0.28
PIEQ $0.42
Ex-dividend
AVDS Sep 8, 2026
PIEQ Dec 29, 2025
Paid on
AVDS Sep 10, 2026
PIEQ Dec 31, 2025
Frequency
AVDS Quarterly
PIEQ Annual

Distribution history

Per share, 2023 to 2026, same scale for both

AVDSQuarterly · 8 paymentsAll AVDS payments⁠
One bar per payment. 8 payments from 2023 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$120232026YTD
PIEQAnnual · 2 paymentsAll PIEQ payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2024 $0.02; Dec 29, 2025 $0.42. Use the arrow keys to read each point.$0$120232026YTD

AVDS vs PIEQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVDS 14.2%PIEQ 10.2%since Dec 2024
Return per unit of riskSharpe ratio, 3 years
AVDS 1.18PIEQ 1.62since Dec 2024
Worst fallMax drawdown, 5 years
AVDS −13.5%since Jul 2023PIEQ −15.2%since Nov 2024
Market sensitivityBeta, 5 years
AVDS 0.73PIEQ 0.47

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