AVGE vs RGEF

AVGEAAvantis All Equity Markets ETF

RGEFBRockefeller 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.

RGEF The Rockefeller name in ticker form. Active global stock picking with a mandate that stretches from developed markets through emerging and frontier, priced at 0.55% a year, under what most active global funds charge.

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.

RGEF The Fund seeks long-term growth of capital through active management of a global equity portfolio. At least 80% of net assets are invested in global equity securities.

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.

• RGEF 0.55% a year for hands-on global management, below the typical fee among active global peers. Human stock picking usually costs more than this.
• The mandate reaches past the usual developed-market roster into emerging and frontier names, with at least 80% of net assets in global equity securities.
• Sits in the upper half of its active global equity peer group, a respectable footing for a fund that only opened its doors in 2024. Pays quarterly.

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.

• RGEF Thinly traded next to the household names of the category. Limit orders and avoiding the opening bell matter more with a fund like this.
• Rules-based global rivals cost a fraction: GSWO charges 0.15% and DFAW 0.24%. Here you are paying for Rockefeller's judgment rather than an index.
• Launched in late 2024, so the track record is short and the strategy has not yet been through a full market cycle in this wrapper.

Full AVGE profile⁠

Full RGEF profile⁠