AVGE vs AVOS

AVGEAAvantis All Equity Markets ETF

AVOSBAvos Global Equities ETF

In short

AVGE Avantis's whole-world equity portfolio in one ticker: a fund built from its own factor ETFs across US, developed and emerging markets, tilted toward smaller and cheaper stocks, at 0.23% a year with no waiver involved.

AVOS One active portfolio, the whole world, no regional guardrails, at 0.64% a year. That undercuts the typical active global fund, though index-built world ETFs still do the geography job for a fraction of it.

Stated mandate

AVGE The fund seeks long-term capital appreciation through a broadly diversified equity portfolio. It invests directly or through Avantis ETFs and emphasizes companies expected to offer higher returns or better risk characteristics than a passive, market-cap-weighted index.

AVOS The fund seeks long-term capital appreciation through an actively managed portfolio of equity securities across global markets.

Why people hold it

• AVGE One ticker, the whole map: it owns a series of other Avantis ETFs spanning US, developed international and emerging markets.avantisinvestors.com
• 0.23% a year, below the typical global active equity fund, and that is the real number, not a temporary waiver.
• No closet indexing. The mandate emphasizes companies Avantis expects to offer higher returns or better risk traits than a passive, cap-weighted index.ifa.com
• Sits among the strongest implementations in its global active equity peer group, and it pays shareholders quarterly.

• AVOS At 0.64% a year, it prices below the median active global equity fund (0.69%), so the stock-picking mandate doesn't carry a premium inside its own category.
• Go-anywhere design: managers choose equities across global markets in pursuit of long-term capital appreciation, with no fixed country or regional split to defend.
• Sits in the upper half of its active global equity peer group, helped by an early volatility record calmer than much of the field.

Worth knowing

• AVGE At the fund level you hold a handful of Avantis ETFs, so the stock-level diversification is look-through and one firm's research drives the entire stack.avantisinvestors.com
• The prospectus targets roughly 70% US equity (band 63% to 77%), so the geographic mix follows Avantis's policy rather than global market weights.ifa.com
• A close sibling, AVTM, covers total equity markets at 0.22% with no waiver attached.

• AVOS Index-built world funds cover the same map far cheaper: GSWO at 0.15%, DFAW at 0.24%, AVGE at 0.25%. Active security selection is what the extra fee buys.
• Thinly traded next to the category's giants, so spreads can widen. Limit orders are the standard defense with funds this quiet.
• A 2026 launch leaves a short history to judge, and the mandate points at capital appreciation rather than income.

Full AVGE profile⁠

Full AVOS profile⁠