AVGE vs BINT

AVGEAAvantis All Equity Markets ETF

BINTABluemonte Global Equity 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.

BINT A one-ticket world equity portfolio built from other issuers' index ETFs, actively steered across US, developed and emerging markets, for 0.23% net of a waiver through August 31, 2027.

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.

BINT The Fund seeks capital growth through active management of equity exposure, primarily using ETFs selected across market capitalizations, styles, sectors, and regions.

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.

• BINT 0.23% net of a waiver through August 31, 2027 undercuts iShares' active global rivals BFLX (0.40%) and BDVL (0.39% net of a waiver through June 30, 2028), and sits below the category median.sec.gov
• Owns funds, not stocks: global equity in one line item, assembled from ETFs picked across regions, sectors, styles and market caps.
• The 0.28% gross sticker already folds in the underlying ETFs' own fees, so the second layer isn't hiding off the fee table.sec.gov
• Prices close to its net asset value and sits among the stronger implementations in its global active equity peer group.

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.

• BINT The waiver runs at least through August 31, 2027. After that, the fee can step back toward the 0.28% gross.sec.gov
• Thinly traded, and it launched in June 2025, so the track record is short.
• No index to anchor it: the manager sets the regional and style mix, so what you own can shift between US, developed and emerging exposure.sec.gov

Full AVGE profile⁠

Full BINT profile⁠