AVIV vs BAIV: Grades, Fees and Holdings Compared

Avantis International Large Cap Value ETF

AVIVANYSE Arca

Brown Advisory International Value Select ETF

BAIVCNasdaq

Overlap

2.5%by weight

Expense ratio

AVIV −0.35pt a year

AVIV0.25%BAIV0.60%

Avg volume · 30D

AVIV 3.1×the volume

AVIV101KBAIV32.4K

AVIV vs BAIV Performance

Aug 7, 2026 – Nov 9, 2026

−2.5%AVIV+1.2%BAIV

Expense ratio: AVIV 0.25%, better; BAIV 0.60%
Fund size: AVIV $2.05B; BAIV $196M
1Y total return: AVIV +21.9%; BAIV No data
Yield (12M): AVIV 2.82%; BAIV No data
Holdings: AVIV 579; BAIV 52
Avg volume (30D): AVIV 101K sh, better; BAIV 32.4K sh
NAV per share: AVIV $78.29; BAIV $28.76
52W range

ETF.net Grade

Pillar letters and Scores for AVIV, BAIV, with each pillar’s weight
Pillar	AVIV	BAIV
Cost30% weight	A100Higher	C53
Mission25% weight	Not scored	Not scored
Risk15% weight	B59Higher	B56
Tradability15% weight	A81Higher	D34
Holdings10% weight	A85Higher	C50
Durability5% weight	A84Higher	D39

Rank among International Active Value funds

How we build Categories ›

Same Category. AVIV and BAIV are both graded against the same 18 International Active Value funds, so their Grades compare head to head.

International Active Value⁠

Category · 18 funds

See all 18 ›

AVIV ranks 1st and BAIV 9th of 18 funds in the International Active Value Category.

Rank 1AAVIVAvantis International Large Cap Value ETFScore 84
Rank 2AAVDVAvantis International Small Cap Value ETFScore 82
Rank 8CDTANSparkline International Intangible Value ETFScore 51
Rank 9CBAIVBrown Advisory International Value Select ETFScore 48
Rank 10CTXUEThornburg International Equity ETFScore 42

Our read on each fund

ETF.net Research

AVIVAAvantis International Large Cap Value ETF

BAIVCBrown Advisory International Value Select ETF

In short

AVIV Avantis takes the academic value playbook overseas: about 600 developed-market large caps screened for cheap prices and strong profitability, at 0.25% a year. Active management without the active-manager price tag.

BAIV A concentrated international value fund built from scratch by Nick Kirrage, who ran Schroders' global value team. Typically 35 to 65 non-US stocks, developed and emerging, any size, bought where the crowd has soured.

Stated mandate

AVIV The fund seeks long-term capital appreciation through a broadly diversified portfolio of large-capitalization companies in non-U.S. developed countries.

BAIV The Fund seeks long-term capital appreciation.

Why people hold it

AVIV 0.25% a year, against a roughly 0.65% median across active international value funds. Cheap enough that the fee stops being the deciding factor.
Two screens, not one: cheap valuations plus higher profitability. Both factors are written into the mandate rather than left to a manager's mood.
About 600 large caps spread across non-US developed markets, so no single name or country steers the fund. Breadth is the design, not a byproduct.
Among the active international value ETFs we cover, one of the strongest implementations in the group, and it has been running since 2021.

BAIV Deliberately concentrated: typically 35 to 65 holdings across developed and emerging markets and small through large caps, so each contrarian pick carries real weight.brownadvisory.com brownadvisory.com 2
Charges 0.60%, a shade under the typical fee in its active international value peer group.
Run by a value specialist with more than two decades at Schroders, latterly head of its global value team, now backed by a dedicated London research bench.ai-cio.com prnewswire.com
A clean non-US sleeve: the same value process as the firm's global strategy, with the US market carved out, and a stated goal of long-term capital appreciation.prnewswire.com

Worth knowing

AVIV Value tilts can lag the broad market for long stretches. This one holds the tilt through those stretches rather than trying to time it.
Active, with no published index behind it. You are buying the Avantis process, not a rulebook you can audit line by line.
Large caps only. The same approach for smaller overseas companies lives in a sibling fund, AVDV, which charges 0.36%.

BAIV Started trading in February 2026, so there is no long record, and results ride on the team's judgment rather than an index.brownadvisory.com
Trades thinly and is small next to established rivals, which tends to mean wider spreads. Limit orders are the usual defense.
Costs more than systematic international value options such as AVIV (0.25%) and AVDV (0.36%), the price of a human stock picker.

Full AVIV profile⁠

Full BAIV profile⁠

AVIV vs BAIV Holdings

How AVIV and BAIV differ

Overlap by weight

2.5%

Shared holdings make up 23.5% of BAIV and 2.5% of AVIV.

Level by level

Holdings14 in both2.5%
Countryby domicile59.4%
Sector11 Sectors65.3%
Asset classStocks100%

Sector

Sector weights in AVIV and BAIV, widest gap first
Sector	Gap	AVIV	BAIV
Financials	AVIV +12.9 points	30.1%	17.2%
Energy	AVIV +10.9 points	13.0%	2.1%
Health Care	BAIV +9.6 points	4.8%	14.4%
Consumer Staples	BAIV +8.7 points	4.2%	12.9%
Real Estate	BAIV +6.6 points	0.8%	7.4%
Materials	AVIV +6.0 points	11.2%	5.2%
Consumer Discretionary	BAIV +5.2 points	11.7%	16.9%
Industrials	AVIV +4.5 points	15.8%	11.3%
Technology	BAIV +3.1 points	3.2%	6.3%
Communication	BAIV +1.7 points	4.7%	6.4%
Utilities	AVIV +0.4 points	0.4%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in AVIV and BAIV, widest gap first
Country	Gap	AVIV	BAIV
Canada	AVIV +13.4 points	13.4%	0.0%
Netherlands	BAIV +12.5 points	2.2%	14.7%
United States	BAIV +9.7 points	0.2%	9.9%
France	BAIV +6.9 points	8.3%	15.2%
Japan	AVIV +6.2 points	20.3%	14.1%
Switzerland	AVIV +5.6 points	9.1%	3.5%
Australia	AVIV +3.4 points	5.5%	2.1%
Spain	AVIV +3.2 points	4.0%	0.8%
Other countries (20)	BAIV +2.6 points	37.1%	39.7%

Outside the US: AVIV 99% developed, 1% emerging. BAIV 91% developed, 9% emerging.

Concentration

Weight in the 10 largest Holdings

AVIV16.6%
BAIV32.2%

Securities held

AVIV572
BAIV49

Asset class

AVIV: Stocks
BAIV: Stocks

Holdings

Only in AVIV558
In both14
Only in BAIV35

Only in AVIV

558 securities, 97.5% of AVIV by weight

Banco Bilbao Vizcaya Sp Adr Adr2.32%
Roche Holding AG Common Stock CHF.0012.18%
Shell PLC Adr Adr2.10%
Allianz SE Reg Common Stock1.56%
Zurich Insurance Group AG Common Stock CHF.11.50%
Bp PLC Spons Adr Adr1.45%
Toronto Dominion Bank Common Stock1.41%
Rolls Royce Holdings PLC Common Stock GBP.21.39%
Totalenergies SE Common Stock1.38%
Bhp Group Ltd Spon Adr Adr1.28%
Ubs Group AG Reg Common Stock USD.11.25%
Safran SA Common Stock EUR.21.22%
Toyota Motor Corp Spon Adr Adr1.13%
Canadian Natural Resources Common Stock1.07%
Unicredit Spa Common Stock1.01%
Intesa Sanpaolo Common Stock1.00%
Suncor Energy Inc Common Stock0.97%
Eni Spa Sponsored Adr Adr0.93%
Vinci SA Common Stock EUR2.50.92%
Barrick Mining Corp Common Stock0.91%
Natwest Group PLC Spon Adr Adr0.90%
Deutsche Telekom AG Reg Common Stock0.88%
Bank of Nova Scotia Common Stock0.85%
Muenchener Rueckver AG Reg Common Stock0.85%
Agnico Eagle Mines Ltd Common Stock0.84%
Asml Holding NV Ny Reg Shs Ny Reg Shrs EUR.090.83%
Industria De Diseno Textil Common Stock EUR.030.79%
Lvmh Moet Hennessy Louis Vui Common Stock EUR.30.78%
Adidas AG Common Stock0.78%
Vodafone Group PLC Sp Adr Adr0.77%
Swiss Re AG Common Stock USD.120.76%
Diageo PLC Sponsored Adr Adr0.75%
Dhl AG Common Stock0.73%
Sumitomo Mitsui Spons Adr Adr0.71%
Compagnie De Saint Gobain Common Stock EUR4.00.70%
Cenovus Energy Inc Common Stock0.67%
Tesco PLC Common Stock GBP.06333330.65%
Can Imperial Bk of Commerce Common Stock0.64%
Softbank Group Corp Common Stock0.64%
Sony Group Corp Sp Adr Adr0.63%
Canadian Natl Railway Co Common Stock0.62%
Gsk PLC Spon Adr Adr0.62%
Dbs Group Holdings Ltd Common Stock0.62%
Legal & General Group PLC Common Stock GBP.0250.59%
Next PLC Common Stock GBP.10.59%
Woodside Energy Group Ltd Common Stock0.57%
Sika AG Reg Common Stock CHF.010.56%
Nordea Bank Abp Common Stock EUR1.00.55%
Hong Kong Exchanges & Clear Common Stock0.54%
Mercedes Benz Group AG Common Stock0.50%

Only in BAIV

35 securities, 75.9% of BAIV by weight

Icon PLC4.71%
Magnum Ice Cream Co Nv/The3.71%
Adecco Group Ag-Reg3.56%
Brenntag SE3.49%
Randstad NV3.25%
Edenred3.00%
Wpp PLC2.63%
Sanofi-Adr2.59%
Imperial Brands PLC2.54%
Land Securities Group PLC2.49%
British Land Co PLC2.46%
Sodexo SA2.32%
Abc-Mart Inc2.18%
Fresenius Medical Care AG2.16%
Nexi Spa2.13%
British American Tob-Sp Adr2.08%
Bnp Paribas2.08%
Nice Ltd - Spon Adr2.04%
Taylor Wimpey PLC1.97%
Petroleo Brasil-Sp Pref Adr1.95%
Prudential PLC1.94%
Tencent Music Entertainm-Adr1.85%
Prosus NV1.78%
Barclays PLC1.78%
Sundrug Co Ltd1.75%
Csl Ltd1.61%
Gecina SA1.52%
Amdocs Ltd1.51%
Japan Post Bank Co Ltd1.48%
Stellantis NV1.48%
Pernod Ricard SA1.43%
Haier Smart Home Co Ltd-H1.30%
Daito Trust Construct Co Ltd1.13%
Richter Gedeon Nyrt1.07%
Banco Santander SA0.94%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in AVIV and BAIV, widest gap first
Holding	Gap	AVIV	BAIV
Wolters Kluwer Common Stock EUR.12	BAIV +2.76 points	<0.01%	2.76%
Fdj United Common Stock	BAIV +2.18 points	<0.01%	2.18%
Pandora A/S Common Stock DKK.01	BAIV +2.10 points	0.05%	2.15%
Dentsu Group Inc Common Stock	BAIV +2.03 points	0.10%	2.13%
Associated British Foods PLC Common Stock GBP.0568ABF.L	BAIV +1.84 points	0.19%	2.03%
Sumitomo Mitsui Trust Group Common Stock	BAIV +1.80 points	0.26%	2.06%
Koninklijke Ahold Delhaize N Common Stock EUR.01	BAIV +1.60 points	0.18%	1.78%
Bayerische Motoren Werke AG Common Stock EUR1.0	BAIV +1.42 points	0.15%	1.57%
Burberry Group PLC Common Stock GBP.0005BRBY.L	BAIV +1.38 points	0.09%	1.47%
Renault SA Common Stock EUR3.81	BAIV +1.27 points	0.29%	1.56%
Ms+ad Insurance Group Holdin Common Stock	BAIV +0.97 points	0.31%	1.28%
Sompo Holdings Inc Common Stock	BAIV +0.76 points	0.39%	1.15%
Aib Group PLC Common Stock EUR.625	BAIV +0.52 points	0.26%	0.78%
Abn Amro Bank NV Cva Dutch Cert EUR1.0	BAIV +0.42 points	0.20%	0.62%

All 567 AVIV holdings⁠All BAIV 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.

AVIV vs BAIV Cost

Overpaying BAIV vs AVIV

$6,658

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

AVIV 0.25%
$5,159
BAIV 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

AVIV 0.25%
BAIV 0.60%
Overpaying

Year by year

Year	AVIV	BAIV	Overpaying
10	$455	$1,076	$621
20	$1,769	$4,116	$2,347
30	$5,159	$11,817	$6,658

Expense ratio

0.25%AVIV, cheaper
0.60%BAIV

AVIV0.25%BAIV0.60%

0.25%0.85%

Middle half of International Active Value funds
Median 0.63%

AVIV cheapest of 18 funds

BAIV 9th cheapest of 18 funds

AVIV vs BAIV Dividends

Last 12 months to Nov 9, 2026

Yield (12M): AVIV 2.82%; BAIV No data
Payout (12M): AVIV $2.27; BAIV None
Last payment: AVIV $0.27; BAIV No data
Ex-dividend: AVIV Sep 8, 2026; BAIV No data
Paid on: AVIV Sep 10, 2026; BAIV No data
Frequency: AVIV Quarterly; BAIV No data

Distribution history

Per share, 2021 to 2026, same scale for both

AVIVQuarterly · 12 paymentsAll AVIV payments⁠

BAIVAll BAIV payments⁠

No distribution history available.

AVIV vs BAIV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AVIV 11.7%BAIV No data
Return per unit of riskSharpe ratio, 3 years: AVIV 1.50BAIV No data
Worst fallMax drawdown, 5 years: AVIV −27.7%BAIV No data
Market sensitivityBeta, 5 years: AVIV 0.75BAIV 0.53; Market = 1

AVIV and BAIV in the news

All news⁠

ETF Filings
American Century files a mutual-fund wrapper for Avantis international large-cap value
Sep 7, 2026AVIV

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AVIV vs BAIV

In short

Stated mandate

Why people hold it

Worth knowing

How AVIV and BAIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AVIV

Only in BAIV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

American Century files a mutual-fund wrapper for Avantis international large-cap value

How AVIV and BAIV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in AVIV

Only in BAIV

Weight gaps