AVGE vs DFAW: Grades, Fees and Holdings Compared

Avantis All Equity Markets ETF

AVGEANYSE Arca

Dimensional World Equity ETF

DFAWANYSE Arca

Overlap

0.0%by weight

Expense ratio

AVGE0.23%DFAW0.23%

Avg volume · 30D

DFAW 1.2×the volume

AVGE82.7KDFAW98.6K

3Y return · a year

AVGE +0.7pt

AVGE+22.5%DFAW+21.8%

AVGE vs DFAW Performance

Oct 31, 2025 – Oct 30, 2026

+19.0%AVGE+15.7%DFAW

Expense ratio: AVGE 0.23%; DFAW 0.23%
Fund size: AVGE $1.26B; DFAW $1.71B
1Y total return: AVGE +19.0%, better; DFAW +15.7%
Yield (12M): AVGE 1.75%, better; DFAW 1.30%
Holdings: AVGE 15; DFAW 6
Avg volume (30D): AVGE 82.7K sh; DFAW 98.6K sh, better
NAV per share: AVGE $98.29; DFAW $82.88
52W range

ETF.net Grade

Pillar letters and Scores for AVGE, DFAW, with each pillar’s weight
Pillar	AVGE	DFAW
Cost30% weight	A95	A95
Mission25% weight	A74	A100Higher
Risk15% weight	A71	A74Higher
Tradability15% weight	A83	A83
Holdings10% weight	D35Higher	D32
Durability5% weight	A78	A79Higher

Rank among Global Active Equity funds

How we build Categories ›

Same Category. AVGE and DFAW are both graded against the same 44 Global Active Equity funds, so their Grades compare head to head.

Global Active Equity⁠

Category · 44 funds

See all 44 ›

DFAW ranks 1st and AVGE 4th of 44 funds in the Global Active Equity Category.

Rank 1AAVTMAvantis Total Equity Markets ETF 1Score 79
Rank 1ABDVLiShares Disciplined Volatility Equity Active ETFScore 79
Rank 1ADFAWDimensional World Equity ETFScore 79
Rank 4AAVGEAvantis All Equity Markets ETFScore 78
Rank 5ABFLXiShares Flexible Equity Active ETFScore 74

Our read on each fund

ETF.net Research

AVGEAAvantis All Equity Markets ETF

DFAWADimensional World 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.

DFAW No data

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.

DFAW No data

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.

DFAW No data

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.

DFAW No data

Full AVGE profile⁠

Full DFAW profile⁠

AVGE vs DFAW Holdings

How AVGE and DFAW differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AVGE and 0.0% of DFAW.

Level by level

Holdings0 in both0.0%
Sector11 Sectors90.6%
Countryby domicile97.2%
Asset classEquity100%

Sector

Sector weights in AVGE and DFAW, widest gap first
Sector	More in AVGEMore in DFAW	AVGE	DFAW
Technology	DFAW +5.8 points	21.4%	27.2%
Financials	AVGE +3.7 points	19.5%	15.8%
Energy	AVGE +2.8 points	8.5%	5.7%
Health Care	DFAW +2.5 points	6.5%	9.0%
Consumer Discretionary	AVGE +1.7 points	11.1%	9.4%
Real Estate	AVGE +1.1 points	3.3%	2.2%
Consumer Staples	DFAW +0.3 points	4.5%	4.8%
Industrials	DFAW +0.3 points	12.4%	12.7%
Utilities	DFAW +0.2 points	1.8%	2.0%
Materials	DFAW +0.1 points	4.7%	4.8%
Communication	Same weight	6.4%	6.4%

Country, concentration and asset class

Country by domicile

Country weights in AVGE and DFAW, widest gap first
Country	More in AVGEMore in DFAW	AVGE	DFAW
United States	DFAW +2.0 points	71.0%	73.0%
Taiwan	AVGE +0.5 points	3.0%	2.5%
Other countries (37)	AVGE +1.5 points	26.0%	24.5%

Outside the US: AVGE 64% developed, 36% emerging. DFAW 69% developed, 31% emerging.

Concentration

Weight in the 10 largest Holdings

AVGE95.5%
DFAW100.0%

Securities held

AVGE15
DFAW5

Asset class

AVGE: Equity
DFAW: Equity

Holdings

Only in AVGE15
In both0
Only in DFAW5

Only in AVGE

15 securities, 100% of AVGE by weight

Avantis Us Equity Etf Avantis U.s. Equity Etf43.49%
Avantis Us Large Cap Value Etf Avantis Us Large Cap Value15.65%
Avantis International Equity E Avantis International Equity10.40%
Avantis Emerging Markets Equit Avantis Emerging Markets Eq6.23%
Avantis International Large Ca Avantis Intl Lrg Cap Val Etf5.36%
Avantis U.s. Small Cap Value E Avantis Us Small Cap Value3.55%
Avantis Us Small Cap Equity Et Avantis Us Small Cap Equity3.49%
Avantis Emerging Markets Value Avantis Emerging Markets Val3.10%
Avantis Real Estate Etf Avantis Real Estate Etf2.82%
Avantis Us Mid Cap Value Etf Avantis Us Mid Cap Val Etf1.39%
Avantis Us Mid Cap Equity Etf Avantis Us Mid Cap Eq Etf1.38%
Avantis International Small Ca Avantis Intl S/C Value Etf1.17%
Avantis International Small Ca Avantis Intl Sm Cap Eq Etf1.03%
Avantis Emerging Markets Small Avantis Em Mkt Sm Cap Eq Etf0.85%
Ssc Government Mm Gvmxx0.08%

Only in DFAW

5 securities, 99.9% of DFAW by weight

Dfa Invt Dimensions53.92%
Dfa Intl Core Eqty 2 Etf18.21%
Dfa Us Core Equity 1 Etf17.92%
Dfa Em Core Equity 2 Etf8.29%
Dfa Gbl Real Estate Etf1.60%

Weight gaps

AVGE and DFAW share no securities.

All 14 AVGE holdings⁠All 6 DFAW 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.

AVGE vs DFAW Cost

Same expense ratio

$4,759

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

AVGE 0.23%
$4,759
DFAW 0.23%
$4,759

Amount$10,000

Years30 years

Cost over time

AVGE 0.23%
DFAW 0.23%

Year by year

Year	AVGE	DFAW
10	$419	$419
20	$1,630	$1,630
30	$4,759	$4,759

Expense ratio

0.23%AVGE
0.23%DFAW

AVGE0.23%DFAW0.23%

0.22%1.19%

Middle half of Global Active Equity funds
Median 0.69%

AVGE 2nd cheapest of 44 funds

DFAW 2nd cheapest of 44 funds

AVGE vs DFAW Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AVGE 1.75%, better; DFAW 1.30%
Payout (12M): AVGE $1.72; DFAW $1.08
Last payment: AVGE $0.33; DFAW $0.26
Ex-dividend: AVGE Sep 10, 2026; DFAW Sep 22, 2026
Paid on: AVGE Sep 14, 2026; DFAW Sep 24, 2026
Frequency: AVGE Quarterly; DFAW Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

AVGEQuarterly · 10 paymentsAll AVGE payments⁠

DFAWQuarterly · 12 paymentsAll DFAW payments⁠

AVGE vs DFAW Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AVGE 11.9%DFAW 11.8%, better
Return per unit of riskSharpe ratio, 3 years: AVGE 1.40, betterDFAW 1.37
Worst fallMax drawdown, 5 years: AVGE −17.1%since Sep 2022DFAW −16.9%since Sep 2023
Market sensitivityBeta, 5 years: AVGE 0.94DFAW 0.91; Market = 1

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