AVGE vs TGLB

AVGEAAvantis All Equity Markets ETF

TGLBBT. Rowe Price 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.

TGLB T. Rowe Price's stock pickers go global in one ticker: roughly 60 names, actively chosen, priced under the typical active global fund. A 2025 launch, so the track record is still being written.

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.

TGLB The fund seeks income and capital appreciation through an actively managed investment program.

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.

• TGLB Concentrated on purpose. About 60 stocks from around the world means each pick carries real weight, the opposite of a thousand-name index sleeve.
• Costs 0.46% a year, well under the roughly 0.69% median for active global equity ETFs. Cheap active is rarer than it sounds.
• The mandate is income and capital appreciation together, so dividend payers and growth names compete for the same slots rather than one style running the book.

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.

• TGLB Thinly traded with a small asset base. Limit orders matter here more than they do with the household-name global funds.
• Launched in June 2025, so there is little history to judge the manager's calls or how the fund handles a rough market.
• Index-based global rivals cost far less: GSWO at 0.15% and DFAW at 0.24%. You are paying for the stock picking, not the passport.

Full AVGE profile⁠

Full TGLB profile⁠