AVGV vs HWGV: Grades, Fees and Holdings Compared

Avantis All Equity Markets Value ETF 9

AVGVANYSE Arca

Hotchkis & Wiley Global Value Fund

HWGV—Nasdaq

Overlap

0.0%by weight

Expense ratio

AVGV −0.44pt a year

AVGV0.26%HWGV0.70%

Avg volume · 30D

AVGV 21.9×the volume

AVGV51.2KHWGV2.34K

AVGV vs HWGV Performance

Sep 30, 2026 – Oct 30, 2026

+1.4%AVGV+6.3%HWGV

Expense ratio: AVGV 0.26%, better; HWGV 0.70%
Fund size: AVGV $480M; HWGV $3M
1Y total return: AVGV +24.2%; HWGV No data
Yield (12M): AVGV 2.00%; HWGV No data
Holdings: AVGV 8; HWGV 59
Avg volume (30D): AVGV 51.2K sh, better; HWGV 2.34K sh
NAV per share: AVGV $85.54; HWGV $25.45
52W range

ETF.net Grade

—HWGVNot yet graded

Pillar letters and Scores for AVGV, HWGV, with each pillar’s weight
Pillar	AVGV	HWGV
Cost30% weight	A100	Not scored
Mission25% weight	Not scored	Not scored
Risk15% weight	B62	Not scored
Tradability15% weight	A86	Not scored
Holdings10% weight	D26	Not scored
Durability5% weight	B67	Not scored

Rank among Global Active Value funds

How we build Categories ›

Global Active Value⁠

Category · 15 funds

See all 15 ›

AVGV ranks 1st of 15 funds in the Global Active Value Category.

Rank 1AAVGVAvantis All Equity Markets Value ETF 9Score 77
Rank 2AFEGEFirst Eagle Global Equity ETFScore 74
HWGVNot yet graded

Our read on each fund

ETF.net Research

AVGVAAvantis All Equity Markets Value ETF 9

HWGV—Hotchkis & Wiley Global Value Fund

In short

AVGV One ticker for the world's value stocks: AVGV stacks six Avantis value funds into a 60% US, 30% developed, 10% emerging mix, small caps included, for 0.26% all in.

HWGV No data

Stated mandate

AVGV The fund seeks long-term capital appreciation through a fund-of-funds structure investing in other Avantis ETFs. Those underlying funds are broadly diversified equity portfolios that select or overweight securities expected to offer higher returns or better risk characteristics than a passive market-cap-weighted index.

HWGV No data

Why people hold it

AVGV Holds US large, mid and small value plus developed and emerging value in one ticker, at 60/30/10 target weights the managers can flex within stated ranges.sec.gov
The 0.26% headline covers the underlying Avantis funds too, and sits below the category median and below SFGV's 0.33% net of a waiver through March 31, 2027.sec.gov
Small and mid caps ride alongside large caps, so the value tilt reaches corners of the market a large-cap-only value fund leaves out.sec.gov

HWGV No data

Worth knowing

AVGV Value and size tilts are built in, so results can diverge from a market-cap global index for long stretches.sec.gov
Every holding is an Avantis fund, so one firm's definition of value and one team's allocation calls drive the whole portfolio.sec.gov
Around 40% of the target sits outside the US, bringing currency moves and emerging market risk; the fund also only launched in 2023.sec.gov

HWGV No data

Full AVGV profile⁠

Full HWGV profile⁠

AVGV vs HWGV Holdings

How AVGV and HWGV differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AVGV and 0.0% of HWGV.

Level by level

Holdings0 in both0.0%
Sector11 Sectors67.4%
Countryby domicile79.2%
Asset classEquity100%

Sector

Sector weights in AVGV and HWGV, widest gap first
Sector	More in AVGVMore in HWGV	AVGV	HWGV
Technology	HWGV +14.1 points	10.3%	24.4%
Health Care	HWGV +13.6 points	4.7%	18.3%
Financials	AVGV +10.9 points	24.8%	13.8%
Consumer Discretionary	AVGV +9.5 points	14.7%	5.2%
Industrials	AVGV +5.4 points	14.9%	9.5%
Energy	AVGV +4.7 points	12.5%	7.8%
Utilities	HWGV +2.7 points	0.5%	3.2%
Materials	AVGV +1.5 points	6.8%	5.3%
Communication	HWGV +1.4 points	4.9%	6.3%
Consumer Staples	HWGV +0.8 points	5.3%	6.0%
Real Estate	AVGV +0.6 points	0.6%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in AVGV and HWGV, widest gap first
Country	More in AVGVMore in HWGV	AVGV	HWGV
Netherlands	HWGV +6.1 points	0.5%	6.6%
United Kingdom	HWGV +5.8 points	3.8%	9.6%
Japan	AVGV +5.4 points	6.7%	1.3%
France	HWGV +3.0 points	1.7%	4.7%
Germany	HWGV +2.2 points	1.6%	3.8%
Israel	HWGV +1.9 points	0.6%	2.5%
South Korea	AVGV +1.9 points	1.9%	0.0%
Canada	AVGV +1.9 points	3.4%	1.5%
Other countries (30)	AVGV +9.8 points	79.8%	70.0%

Outside the US: AVGV 72% developed, 28% emerging. HWGV 89% developed, 11% emerging.

Concentration

Weight in the 10 largest Holdings

AVGV100.0%
HWGV30.4%

Securities held

AVGV7
HWGV58

Asset class

AVGV: Equity
HWGV: Equity

Holdings

Only in AVGV7
In both0
Only in HWGV58

Only in AVGV

7 securities, 100% of AVGV by weight

Avantis Us Large Cap Value Etf Avantis Us Large Cap Value37.58%
Avantis U.s. Small Cap Value E Avantis Us Small Cap Value18.18%
Avantis International Large Ca Avantis Intl Lrg Cap Val Etf17.64%
Avantis Emerging Markets Value Avantis Emerging Markets Val9.86%
Avantis International Small Ca Avantis Intl S/C Value Etf9.15%
Avantis Us Mid Cap Value Etf Avantis Us Mid Cap Val Etf7.50%
Ssc Government Mm Gvmxx0.08%

Only in HWGV

58 securities, 99.9% of HWGV by weight

Workday Inc5.03%
GE HealthCare Technologies Inc3.49%
American International Group Inc3.45%
Elevance Health Inc3.06%
Cigna Group/The2.70%
First American Government Obligations Fund 12/01/20312.63%
Fiserv Inc2.58%
Akzo Nobel NV2.56%
Shell PLC2.51%
Check Point Software Technologies Ltd2.40%
Medtronic PLC2.38%
Heineken Holding NV2.32%
APA Corp2.31%
National Grid PLC2.24%
CDW Corp/DE2.24%
Telefonaktiebolaget LM Ericsson2.20%
CNH Industrial NV2.15%
Julius Baer Group Ltd2.15%
Wells Fargo & Co2.07%
Wpp PLC2.04%
Mondelez International Inc1.97%
Accor SA1.92%
US Bancorp1.90%
Comcast Corp1.88%
Intuit Inc1.83%
AstraZeneca PLC1.72%
Ovintiv Inc1.71%
Sap SE1.61%
Siemens AG1.56%
TotalEnergies SE1.51%
Salesforce Inc1.48%
Omnicom Group Inc1.46%
Taiwan Semiconductor Manufacturing Co Ltd1.46%
Gsk PLC1.45%
General Motors Co1.45%
Magna International Inc1.40%
PPG Industries Inc1.38%
Nippon Sanso Holdings Corp1.28%
Qantas Airways Ltd1.22%
Humana Inc1.14%
Banca Monte dei Paschi di Siena SpA1.13%
BNP Paribas SA1.09%
Biogen Inc1.06%
U-Haul Holding Co1.04%
QUALCOMM Inc0.99%
Truist Financial Corp0.97%
Honeywell Aerospace Inc0.97%
Dominion Energy Inc0.94%
PACCAR Inc0.92%
Koninklijke Philips NV0.91%

Weight gaps

AVGV and HWGV share no securities.

All 6 AVGV holdings⁠All HWGV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AVGV vs HWGV Cost

Overpaying HWGV vs AVGV

$8,248

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AVGV 0.26%
$5,358
HWGV 0.70%
$13,606

Amount$10,000

Years30 years

Cost over time

AVGV 0.26%
HWGV 0.70%
Overpaying

Year by year

Year	AVGV	HWGV	Overpaying
10	$473	$1,250	$777
20	$1,838	$4,760	$2,922
30	$5,358	$13,606	$8,248

Expense ratio

0.26%AVGV, cheaper
0.70%HWGV

AVGV0.26%HWGV0.70%

0.26%1.70%

Middle half of Global Active Value funds
Median 0.68%

AVGV cheapest of 15 funds

HWGV 9th cheapest of 15 funds

AVGV vs HWGV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AVGV 2.00%; HWGV No data
Payout (12M): AVGV $1.71; HWGV None
Last payment: AVGV $0.32; HWGV No data
Ex-dividend: AVGV Sep 10, 2026; HWGV No data
Paid on: AVGV Sep 14, 2026; HWGV No data
Frequency: AVGV Quarterly; HWGV No data

Distribution history

Per share, 2023 to 2026, same scale for both

AVGVQuarterly · 8 paymentsAll AVGV payments⁠

HWGVAll HWGV payments⁠

No distribution history available.

AVGV vs HWGV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AVGV 12.5%HWGV No data
Return per unit of riskSharpe ratio, 3 years: AVGV 1.38HWGV No data
Worst fallMax drawdown, 5 years: AVGV −17.0%since Jun 2023HWGV No data
Market sensitivityBeta, 5 years: AVGV 0.81HWGV 0.85; Market = 1

AVGV and HWGV in the news

All news⁠

New ETFs
Hotchkis & Wiley added an ETF class to its 1997 mid-cap value fund
Oct 5, 2026HWGV

Popular comparisons

AVGVAvsFEGEA
Avantis All Equity Markets Value ETF 9 · First Eagle Global Equity ETF
Expense ratio
0.26% · 0.50%
Category
HWGV—vsFEGEA
Hotchkis & Wiley Global Value Fund · First Eagle Global Equity ETF
Expense ratio
0.70% · 0.50%
Category
AVGVAvsSFGVA
Avantis All Equity Markets Value ETF 9 · Sequoia Global Value ETF
Expense ratio
0.26% · 0.33%
Category
HWGV—vsSFGVA
Hotchkis & Wiley Global Value Fund · Sequoia Global Value ETF
Expense ratio
0.70% · 0.33%
Category
AVGVAvsFPAGB
Avantis All Equity Markets Value ETF 9 · FPA Global Equity ETF
Expense ratio
0.26% · 0.49%
Category
HWGV—vsFPAGB
Hotchkis & Wiley Global Value Fund · FPA Global Equity ETF
Expense ratio
0.70% · 0.49%
Category

AVGV vs HWGV

In short

Stated mandate

Why people hold it

Worth knowing

How AVGV and HWGV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AVGV

Only in HWGV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Hotchkis & Wiley added an ETF class to its 1997 mid-cap value fund