AVGE vs SROI

AVGEAAvantis All Equity Markets ETF

SROIDCalamos Antetokounmpo Global Sustainable Equities 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.

SROI Calamos put the Antetokounmpo name on a global stock fund: active, growth-leaning, reaching from developed markets to frontier ones, screened by the firm's own ESG rating system. A branded label over a real stock-picker's mandate.

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.

SROI 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.

• SROI Global by contract, not by accident: developed, emerging and frontier markets including the US, with a normal minimum in non-US equities and holdings across at least five countries.
• Active growth stock picking filtered through Calamos's proprietary ESG rating system rather than a licensed third-party index screen.
• Roughly 120 names: broad enough to blunt single-stock drama, tight enough that the manager's picks actually move the portfolio.

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.

• SROI The 0.95% fee runs above the typical global active equity fund, and systematic rivals like GSWO (0.15%) and AVGE (0.25%) set a very low bar on cost.
• A small fund that trades lightly, so spreads can run wider than in the giant global ETFs and sizeable orders need more care at the point of execution.
• Live since 2023, and the sustainability scoring is in-house, so there is less public track record and less published methodology detail than an index product offers.

Full AVGE profile⁠

Full SROI profile⁠