Skip to content
etf.net

AVDS vs QLTI

Avantis International Small Cap Equity ETF

AVDSANYSE Arca

GMO International Quality ETF

QLTICNYSE Arca

Overlap

Expense ratio

AVDS −0.30pt a year

AVDS0.30%QLTI0.60%

Avg volume · 30D

AVDS 1.3×the volume

AVDS24.9KQLTI19K

AVDS vs QLTI Performance

Oct 31, 2025 – Oct 30, 2026

+16.7%AVDS+7.5%QLTI

Oct 31, 2025 to Oct 30, 2026. AVDS +16.7%. QLTI +7.5%. Use the arrow keys to read each point.−5%0%20%25%Oct 2025Apr 2026Oct 2026
Expense ratio
AVDS 0.30%, better
QLTI 0.60%
Fund size
AVDS $374M
QLTI $283M
1Y total return
AVDS +16.7%, better
QLTI +7.5%
Yield (12M)
AVDS 2.66%, better
QLTI 0.21%
Holdings
AVDS 3124
QLTI 38
Avg volume (30D)
AVDS 24.9K sh, better
QLTI 19K sh
NAV per share
AVDS $76.06
QLTI $27.78
52W range

ETF.net Grade

AVDS: Cost 89, Risk 64, Mission not scored, Tradability 66, Holdings 90, Durability 69. QLTI: Cost 38, Risk 37, Mission not scored, Tradability 63, Holdings 22, Durability 55.
Pillar letters and Scores for AVDS, QLTI, with each pillar’s weight
PillarAVDSQLTI
Cost30% weightA89HigherD38
Mission25% weightNot scoredNot scored
Risk15% weightB64HigherD37
Tradability15% weightB66HigherB63
Holdings10% weightA90HigherF22
Durability5% weightB69HigherB55

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 QLTI 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 4th and QLTI 33rd 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
  6. Rank 32CNBIENeuberger International Core Equity ETFScore 45
  7. Rank 33CQLTIGMO International Quality ETFScore 41
  8. Rank 34CABLGAbacus FCF International Leaders ETFScore 40

Our read on each fund

ETF.net Research

AVDSAAvantis International Small Cap Equity ETF

QLTICGMO International Quality 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.

QLTI GMO's quality lens, pointed overseas. Launched in late 2024, it's an actively run international stock fund chasing total return rather than hugging an index, priced right in the middle of its active peer group.

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.

QLTI The Fund seeks total return.

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.
  • QLTI Genuinely active: the stated goal is total return from international stocks, with no declared index dictating country or sector weights.
  • At 0.60% a year, the fee sits mid-pack for active international equity, so the stock picking doesn't cost a premium over the category norm.
  • Young fund, respectable standing: it already grades in the upper half of its active international cohort.
  • Distributions land quarterly, and the fund gathered real assets quickly for a 2024 launch.

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.
  • QLTI The cohort's top-graded names (AVDE, DFIC, JIRE) run systematic international portfolios for a fraction of this fee, so active picks here have a higher bar to clear.
  • Thinly traded next to the giant international funds, so spreads can widen and order timing matters more.
  • Live history starts in late 2024, so there isn't yet a full market cycle to judge the approach through.

Full AVDS profile⁠

Full QLTI profile⁠

AVDS vs QLTI 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 QLTI Cost

Overpaying QLTI vs AVDS

$5,668

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

  • AVDS 0.30%

    $6,149

  • QLTI 0.60%

    $11,817

$10,000
30 years

Cost over time

  • AVDS 0.30%
  • QLTI 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530QLTI $11,817AVDS $6,149

Year by year

YearAVDSQLTIOverpaying
10$545$1,076$531
20$2,113$4,116$2,003
30$6,149$11,817$5,668

Expense ratio

  • 0.30%AVDS, cheaper
  • 0.60%QLTI
  • Middle half of International Active Equity funds
  • Median 0.55%

AVDS 6th cheapest of 55 funds

QLTI 34th cheapest of 55 funds

AVDS vs QLTI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVDS 2.66%, better
QLTI 0.21%
Payout (12M)
AVDS $2.03
QLTI $0.06
Last payment
AVDS $0.28
QLTI $0.02
Ex-dividend
AVDS Sep 8, 2026
QLTI Jun 30, 2026
Paid on
AVDS Sep 10, 2026
QLTI Jul 1, 2026
Frequency
AVDS Quarterly
QLTI Twice a year

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
QLTITwice a year · 4 paymentsAll QLTI payments⁠
One bar per payment. 4 payments from 2023 to 2026 YTD. Dec 30, 2024 $0.04; Sep 30, 2025 $0.11; Dec 30, 2025 $0.03; Jun 30, 2026 $0.02. Use the arrow keys to read each point.$0$120232026YTD

AVDS vs QLTI 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%QLTI 13.3%since Nov 2024
Return per unit of riskSharpe ratio, 3 years
AVDS 1.18QLTI 0.30since Nov 2024
Worst fallMax drawdown, 5 years
AVDS −13.5%since Jul 2023QLTI −14.8%since Oct 2024
Market sensitivityBeta, 5 years
AVDS 0.73QLTI 0.53

Popular comparisons

  • AVDSAvsAVDEA

    Avantis International Small Cap Equity ETF · Avantis International Equity ETF

    Expense ratio
    0.30% · 0.23%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QLTICvsAVDEA

    GMO International Quality ETF · Avantis International Equity ETF

    Expense ratio
    0.60% · 0.23%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AVDSAvsDFICA

    Avantis International Small Cap Equity ETF · Dimensional International Core Equity 2 ETF

    Expense ratio
    0.30% · 0.22%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QLTICvsDFICA

    GMO International Quality ETF · Dimensional International Core Equity 2 ETF

    Expense ratio
    0.60% · 0.22%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AVDSAvsJIREA

    Avantis International Small Cap Equity ETF · JPMorgan International Research Enhanced Equity ETF

    Expense ratio
    0.30% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • QLTICvsJIREA

    GMO International Quality ETF · JPMorgan International Research Enhanced Equity ETF

    Expense ratio
    0.60% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.