AVGE vs WSGE

AVGEAAvantis All Equity Markets ETF

WSGEDWarren Street 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.

WSGE A California advisory firm packed its in-house global equity model into one ticker: a broad core of US, developed and emerging-market stocks with factor tilts layered on top, actively managed.

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.

WSGE 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.

• WSGE One ticker for companies of all sizes around the world, with at least three countries represented and at least 30% of assets in foreign securities under normal conditions.etfarchitect.com
• Warren Street Wealth Advisors sub-advises, so the fund runs the same core-allocation-plus-factor-tilt construction the firm builds for its own advisory clients.etfarchitect.comprnewswire.com
• No exotic wrapper: a 1940 Act ETF holding common and preferred stock, depositary receipts and equity ETFs, with at least 80% of net assets in equities.etfarchitect.com

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.

• WSGE 0.80% a year is boutique pricing next to index-built global peers such as GSWO (0.15%), DFAW (0.24%) and AVGE (0.25%).
• Small and thinly traded, so spreads and price impact tend to run wider than in the giant one-fund global portfolios.
• Launched in December 2025 as the firm's first ETF, so the factor tilts have only a short live record behind them.prnewswire.com

Full AVGE profile⁠

Full WSGE profile⁠