AVGE vs SAGP

AVGEAAvantis All Equity Markets ETF

SAGPCStrategas Global Policy Opportunities 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.

SAGP Wall Street reads earnings calls. Strategas reads lobbying disclosures. SAGP is an active global stock fund that ranks companies by how hard they work Washington, then rebalances quarterly as the agenda shifts.

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.

SAGP The Fund seeks long-term capital appreciation.

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.

• SAGP Stock selection starts with public lobbying data, which the adviser calls a largely unrecognized factor in company analysis. Not another value-versus-growth sort.sec.gov
• Rebalances quarterly, so the book can follow which issues and industries are drawing the heaviest lobbying push in Washington.strategasetfs.com
• Roughly 100 names spanning US large, mid and small caps plus non-US companies, so the policy theme rides on a broad book rather than a handful of bets.sec.gov
• At 0.65%, it undercuts the median fee among active global equity funds we grade, and it sits in the upper half of that peer group overall.

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.

• SAGP Lobbying intensity is the primary input and traditional financial metrics are not part of the screen, so results can diverge sharply from fundamentals-driven funds.strategasetfs.com
• Thinly traded. Spreads can run wider than in mega-cap index funds, so limit orders and mid-session trading matter more here.
• 0.65% is real money next to plain global index trackers like GSWO at 0.15%. You are paying for a research process, not an index.

Full AVGE profile⁠

Full SAGP profile⁠