AVGV vs WCMG

AVGVAAvantis All Equity Markets Value ETF 9

WCMGDFirst Trust WCM Global Equity ETF

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.

WCMG A stock picker's take on global equity: WCM hunts industry leaders with widening competitive advantages at prices it finds attractive, across US, developed, emerging and frontier markets. MSCI ACWI is the yardstick here, not the rulebook.

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.

WCMG The fund seeks long-term capital appreciation by investing at least 80% of net assets in equity securities of companies worldwide, including the United States.

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

• WCMG Active by design: bottom-up fundamental research aimed at global industry leaders with expanding competitive advantages, bought at valuations the manager finds attractive.yahoo.com
• One ticker reaches US, developed international, emerging and frontier markets, with MSCI ACWI as the reference point rather than a basket to replicate.ftportfolios.com
• Sub-advised by global equity specialist WCM Investment Management inside First Trust's world equity lineup, which Barron's named top fund family in that category for 2025.yahoo.com

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

• WCMG The 0.85% fee sits above the roughly 0.69% median for active global peers, and cheaper shelf-mates exist: GSWO at 0.15%, DFAW at 0.24%.
• It launched in April 2026, so live history is short, and trading was light out of the gate, which can mean wider bid-ask spreads until volume builds.
• The mandate is long-term capital appreciation, at least 80% of net assets in stocks. Income isn't part of the design; no regular distribution has been paid.

Full AVGV profile⁠

Full WCMG profile⁠