AVMC vs CGMM

AVMCAAvantis U.S. Mid Cap Equity ETF

CGMMBCapital Group U.S. Small and Mid Cap ETF

In short

AVMC The forgotten middle of the US market, run the Avantis way: roughly 600 mid-cap names tilted toward cheaper stocks with stronger profits, at 0.18% a year. Systematic active management priced like an index fund.

CGMM Capital Group's stock-pickers turned loose on the Russell 2500: roughly 90 U.S. small and mid caps instead of thousands, at a fee below the typical active U.S. equity ETF.

Stated mandate

AVMC Seeks long-term capital appreciation through a broad portfolio of U.S. mid-cap companies, emphasizing securities with lower valuations and higher profitability ratios.

CGMM Seeks long-term capital appreciation by investing in small- and mid-capitalization U.S. companies.

Why people hold it

• AVMC 0.18% a year, against a 0.65% median for active US equity funds. Index-fund pricing on an active mandate.
• Spreads the value-and-profitability tilt across roughly 600 mid-caps, so it leans on the screen rather than a handful of concentrated picks.avantisinvestors.com
• One of the strongest implementations in our active US equity group, sitting with large-cap sibling AVLC and the Dimensional core funds.
• Pure mid-cap exposure with a quarterly distribution, filling the gap most portfolios leave between mega-caps and small caps.

• CGMM At 0.51%, it undercuts the 0.65% median for active U.S. equity ETFs, and comes in cheaper than NBSM (0.75%), another fund measured against the Russell 2500.
• Roughly 90 holdings against a benchmark that spans thousands of names. A genuine stock-picking portfolio, not an index tracker wearing an active label.
• A 2025 launch that already runs at multi-billion-dollar size and trades actively, and it sits in the upper tier of its active U.S. equity peer group.

Worth knowing

• AVMC Trades lighter than the giant index ETFs, which can mean wider bid-ask spreads at the moment you transact.
• Launched in 2023, so the live record is short. There's no published index behind it either: outcomes come from Avantis' own valuation and profitability rules.
• All mid-cap, no mega-cap ballast, plus a tilt away from expensive names. Both can put it out of step with a market led by the largest growth stocks.

• CGMM It opened in January 2025, so there is no full market cycle yet to judge the managers' results against the Russell 2500.
• Small and mid caps move harder than large caps, and a roughly 90-stock active book can wander well away from the benchmark in either direction.
• Cheap for active, not cheap outright: broad index-style peers like DFAU (0.12%) and active FFSM (0.43%) charge less.

Full AVMC profile⁠

Full CGMM profile⁠