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AVDS vs TXUG

Avantis International Small Cap Equity ETF

AVDSANYSE Arca

Thornburg International Growth Fund ETF

TXUGDNasdaq

Overlap

Expense ratio

AVDS −0.40pt a year

AVDS0.30%TXUG0.70%

Avg volume · 30D

AVDS 47.2×the volume

AVDS24.9KTXUG528

AVDS vs TXUG Performance

Oct 31, 2025 – Nov 2, 2026

+17.1%AVDS+2.8%TXUG

Oct 31, 2025 to Nov 2, 2026. AVDS +17.1%. TXUG +2.8%. Use the arrow keys to read each point.−10%10%Oct 2025May 2026Nov 2026
Expense ratio
AVDS 0.30%, better
TXUG 0.70%
Fund size
AVDS $374M
TXUG $4M
1Y total return
AVDS +17.1%, better
TXUG +2.8%
Yield (12M)
AVDS 2.65%
TXUG No data
Holdings
AVDS 3121
TXUG 42
Avg volume (30D)
AVDS 24.9K sh, better
TXUG 528 sh
NAV per share
AVDS $76.06
TXUG $26.08
52W range

ETF.net Grade

AVDS: Cost 89, Risk 64, Mission not scored, Tradability 66, Holdings 90, Durability 69. TXUG: Cost 30, Risk 30, Mission 66, Tradability 26, Holdings 24, Durability 36.
Pillar letters and Scores for AVDS, TXUG, with each pillar’s weight
PillarAVDSTXUG
Cost30% weightA89HigherD30
Mission25% weightNot scoredB66
Risk15% weightB64HigherD30
Tradability15% weightB66HigherD26
Holdings10% weightA90HigherF24
Durability5% weightB69HigherD36

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 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 ›

AVDS ranks 4th 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 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 49DEPINHarbor International Equity ETF (EPIN)Score 28
  7. Rank 49DTXUGThornburg International Growth Fund ETFScore 28
  8. Rank 51DBCILBancreek International Large Cap ETFScore 27

Our read on each fund

ETF.net Research

AVDSAAvantis International Small Cap Equity ETF

TXUGDThornburg International Growth Fund 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.

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

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.

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

  • 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.
  • 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

  • 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.
  • 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 AVDS profile⁠

Full TXUG profile⁠

AVDS 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.

AVDS vs TXUG Cost

Overpaying TXUG vs AVDS

$7,457

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

  • AVDS 0.30%

    $6,149

  • TXUG 0.70%

    $13,606

$10,000
30 years

Cost over time

  • AVDS 0.30%
  • 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 $13,606AVDS $6,149

Year by year

YearAVDSTXUGOverpaying
10$545$1,250$705
20$2,113$4,760$2,647
30$6,149$13,606$7,457

Expense ratio

  • 0.30%AVDS, cheaper
  • 0.70%TXUG
  • Middle half of International Active Equity funds
  • Median 0.55%

AVDS 6th cheapest of 55 funds

TXUG 38th cheapest of 55 funds

AVDS vs TXUG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
AVDS 2.65%
TXUG No data
Payout (12M)
AVDS $2.03
TXUG No data
Last payment
AVDS $0.28
TXUG $0.12
Ex-dividend
AVDS Sep 8, 2026
TXUG Dec 18, 2025
Paid on
AVDS Sep 10, 2026
TXUG Dec 19, 2025
Frequency
AVDS Quarterly
TXUG Irregular

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
TXUGIrregular · 1 paymentAll TXUG payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 18, 2025 $0.12. Use the arrow keys to read each point.$0$120232026YTD

AVDS vs TXUG 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%TXUG 14.3%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
AVDS 1.18TXUG −0.06since Feb 2025
Worst fallMax drawdown, 5 years
AVDS −13.5%since Jul 2023TXUG −18.6%since Jan 2025
Market sensitivityBeta, 5 years
AVDS 0.73TXUG 0.82

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