AVGE vs CLUB

AVGEAAvantis All Equity Markets ETF

CLUBDBillionaires Club 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.

CLUB One idea, stated plainly: own the companies that actually made someone rich. CLUB is an active global stock fund hunting businesses whose success built lasting fortunes for their founders, controlling shareholders and key operators.

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.

CLUB The Fund seeks long-term capital appreciation. It is an actively managed ETF investing in equity securities, primarily companies whose success contributed to significant long-term wealth for founders, controlling shareholders, or key operators.

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.

• CLUB The mandate is refreshingly literal. It targets companies whose success created significant long-term wealth for founders, controlling shareholders or key operators. Skin in the game, used as a stock screen.
• Global by design. Developed international and emerging markets are both in scope, so the founder hunt isn't fenced into US large caps.
• Advertised tilts toward growth and profitability, meaning the screen leans on businesses already earning money rather than pure story stocks.
• A conventional 1940 Act fund wrapper with an active manager, so there's no index to hug and no exotic structure underneath the ticker.

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.

• CLUB At 0.75% a year it sits well above the broad global core options, where GSWO charges 0.15% and AVGE 0.25%. Manager judgment is the thing you're paying for.
• It launched in 2026, so there's only a short record and no full market cycle to judge the stock picking against.
• Small and thinly traded, which usually means wider bid-ask spreads than at a giant fund. Payouts come once or twice a year: this is a capital-appreciation mandate, not an income one.

Full AVGE profile⁠

Full CLUB profile⁠