AVNM vs DFIC: Grades, Fees and Holdings Compared

Avantis All International Markets Equity ETF

AVNMANYSE Arca

Dimensional International Core Equity 2 ETF

DFICACboe

Overlap

0.0%by weight

Expense ratio

DFIC −0.09pt a year

AVNM0.31%DFIC0.22%

Avg volume · 30D

DFIC 26.8×the volume

AVNM69.2KDFIC1.85M

3Y return · a year

AVNM +0.6pt

AVNM+21.3%DFIC+20.7%

AVNM vs DFIC Performance

Oct 31, 2025 – Nov 2, 2026

+15.8%AVNM+17.4%DFIC

Expense ratio: AVNM 0.31%; DFIC 0.22%, better
Fund size: AVNM $786M; DFIC $15.3B
1Y total return: AVNM +15.8%; DFIC +17.4%, better
Yield (12M): AVNM 2.93%, better; DFIC 2.54%
Holdings: AVNM 9; DFIC 4144
Avg volume (30D): AVNM 69.2K sh; DFIC 1.85M sh, better
NAV per share: AVNM $80.14; DFIC $37.60
52W range

ETF.net Grade

Pillar letters and Scores for AVNM, DFIC, with each pillar’s weight
Pillar	AVNM	DFIC
Cost30% weight	A85	A98Higher
Mission25% weight	B55	A100Higher
Risk15% weight	B63	B69Higher
Tradability15% weight	A84Higher	A80
Holdings10% weight	D29	A91Higher
Durability5% weight	A74	A90Higher

Rank among International Active Equity funds

How we build Categories ›

Same Category. AVNM and DFIC are both graded against the same 55 International Active Equity funds, so their Grades compare head to head.

International Active Equity⁠

Category · 55 funds

See all 55 ›

DFIC ranks 1st and AVNM 7th of 55 funds in the International Active Equity Category.

Rank 1AAVDEAvantis International Equity ETFScore 87
Rank 1ADFICDimensional International Core Equity 2 ETFScore 87
Rank 3AJIREJPMorgan International Research Enhanced Equity ETFScore 79
Rank 5ATACNT. Rowe Price Active Core International Equity ETFScore 76
Rank 7AAVNMAvantis All International Markets Equity ETFScore 72
Rank 8AGIEQGoldman Sachs Data Enhanced International Equity ETFScore 70

Our read on each fund

ETF.net Research

AVNMAAvantis All International Markets Equity ETF

DFICADimensional International Core Equity 2 ETF

In short

AVNM One ticker for the entire Avantis international playbook: developed and emerging markets, large caps down to small caps, tilted toward cheaper and more profitable companies. A fund of funds holding the firm's own ETFs, 0.31% all in.

DFIC No data

Stated mandate

AVNM The fund seeks long-term capital appreciation.

DFIC No data

Why people hold it

AVNM One trade buys Avantis's whole non-US lineup: developed and emerging markets, large caps through small caps, assembled from the firm's own ETFs.sec.gov
0.31% all in, below the category median, and the prospectus fee table shows nearly all of that is the underlying funds' own expenses, not a second management layer.sec.gov
Emerging markets are a built-in 30% target weight (range 15% to 40%), not a sleeve bolted onto a developed-markets core.sec.gov
Sits in the upper tier of its active international peer group, helped by low cost and steady day-to-day tradability. Pays quarterly.

DFIC No data

Worth knowing

AVNM It is a wrapper: a short list of Avantis funds, one firm's research process end to end. Read the underlying funds' documents to see what you actually hold.sec.gov
Cheaper peers exist, such as AVDE at 0.23% and TACN at 0.00% net of a waiver through January 30, 2027; AVNM's fee covers a broader multi-fund stack.
Value and small-cap tilts plus the emerging-markets weight mean results can diverge from a plain cap-weighted international index in either direction.sec.gov

DFIC No data

Full AVNM profile⁠

Full DFIC profile⁠

AVNM vs DFIC Holdings

How AVNM and DFIC differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AVNM and 0.0% of DFIC.

Level by level

Holdings0 in both0.0%
Countryby domicile71.9%
Sector11 Sectors90.5%
Asset classEquity100%

Sector

Sector weights in AVNM and DFIC, widest gap first
Sector	More in AVNMMore in DFIC	AVNM	DFIC
Technology	AVNM +6.1 points	14.5%	8.4%
Industrials	DFIC +2.9 points	16.4%	19.3%
Financials	AVNM +2.6 points	24.4%	21.8%
Health Care	DFIC +2.6 points	4.6%	7.2%
Consumer Staples	DFIC +2.1 points	4.2%	6.3%
Utilities	DFIC +0.9 points	2.3%	3.2%
Materials	DFIC +0.6 points	10.4%	11.0%
Consumer Discretionary	AVNM +0.5 points	9.9%	9.4%
Communication	AVNM +0.3 points	4.4%	4.1%
Real Estate	DFIC +0.2 points	1.4%	1.6%
Energy	DFIC +0.2 points	7.6%	7.8%

Country, concentration and asset class

Country by domicile

Country weights in AVNM and DFIC, widest gap first
Country	More in AVNMMore in DFIC	AVNM	DFIC
Taiwan	AVNM +8.8 points	8.8%	0.0%
Japan	DFIC +7.6 points	16.8%	24.4%
South Korea	AVNM +5.8 points	5.8%	0.0%
China	AVNM +5.0 points	5.2%	0.2%
India	AVNM +3.7 points	3.7%	0.0%
Canada	DFIC +2.7 points	8.9%	11.6%
Germany	DFIC +2.6 points	4.7%	7.3%
Switzerland	DFIC +2.4 points	5.6%	8.0%
Other countries (31)	DFIC +8.0 points	40.5%	48.5%

Outside the US: AVNM 70% developed, 30% emerging. DFIC 98% developed, 2% emerging.

Concentration

Weight in the 10 largest Holdings

AVNM100.0%
DFIC7.1%

Securities held

AVNM8
DFIC4,125

Asset class

AVNM: Equity
DFIC: Equity

Holdings

Only in AVNM8
In both0
Only in DFIC4,125

Only in AVNM

8 securities, 100% of AVNM by weight

Avantis International Equity E Avantis International Equity40.74%
Avantis International Large Ca Avantis Intl Lrg Cap Val Etf20.85%
Avantis Emerging Markets Equit Avantis Emerging Markets Eq17.82%
Avantis Emerging Markets Value Avantis Emerging Markets Val9.47%
Avantis International Small Ca Avantis Intl S/C Value Etf6.70%
Avantis International Small Ca Avantis Intl Sm Cap Eq Etf2.24%
Avantis Emerging Markets Small Avantis Em Mkt Sm Cap Eq Etf2.07%
Ssc Government Mm Gvmxx0.10%

Only in DFIC

4,125 securities, 99.6% of DFIC by weight

Shell PLC1.17%
Asml Holding NV1.02%
Totalenergies SE0.78%
Novartis AG Adr0.77%
Roche Holding AG0.71%
Nestle SA0.66%
Royal Bank of Canada0.64%
Allianz SE0.50%
Toyota Motor Corp0.47%
Bp PLC0.44%
Suncor Energy Inc.0.42%
Banco Bilbao Vizcaya Arge0.40%
Bhp Group Ltd0.39%
Deutsche Telekom AG0.39%
Bayer AG0.39%
Hsbc Holdings PLC0.38%
Canadian Natural Resource0.38%
Rolls-Royce Holdings PLC0.38%
Toronto-Dominion Bank0.36%
Mitsubishi Ufj Financial0.36%
Astrazeneca PLC0.36%
Unicredit Spa0.34%
Sony Group Corp0.34%
Basf SE0.33%
Hitachi Ltd0.32%
Tesco PLC0.32%
Advantest Corp0.31%
Recruit Holdings Co Ltd0.31%
Eni Spa0.30%
Dhl AG0.30%
E.on SE0.29%
Infineon Technologies AG0.29%
Rio Tinto PLC0.29%
Engie SA0.28%
Repsol SA0.28%
Cenovus Energy Inc0.28%
Orange SA0.26%
Muenchener Rueckversicher0.26%
Siemens AG0.26%
National Bank of Canada0.25%
Intact Financial Corp0.24%
Bhp Group Ltd0.24%
Tokyo Electron Ltd0.23%
Dbs Group Holdings Ltd0.23%
Zurich Insurance Group AG0.23%
Tokio Marine Holdings Inc0.23%
Standard Chartered PLC0.23%
Siemens Energy AG0.23%
Vinci SA0.22%
Swiss Re AG0.22%

Weight gaps

AVNM and DFIC share no securities.

All 7 AVNM holdings⁠All 4,139 DFIC 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.

AVNM vs DFIC Cost

Overpaying AVNM vs DFIC

$1,788

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

AVNM 0.31%
$6,346
DFIC 0.22%
$4,558

Amount$10,000

Years30 years

Cost over time

AVNM 0.31%
DFIC 0.22%
Overpaying

Year by year

Year	AVNM	DFIC	Overpaying
10	$563	$401	$162
20	$2,182	$1,561	$621
30	$6,346	$4,558	$1,788

Expense ratio

0.31%AVNM
0.22%DFIC, cheaper

DFIC0.22%AVNM0.31%

0.00%1.49%

Middle half of International Active Equity funds
Median 0.55%

DFIC 2nd cheapest of 55 funds

AVNM 9th cheapest of 55 funds

AVNM vs DFIC Dividends

Last 12 months to Nov 2, 2026

Yield (12M): AVNM 2.93%, better; DFIC 2.54%
Payout (12M): AVNM $2.35; DFIC $0.96
Last payment: AVNM $0.41; DFIC $0.19
Ex-dividend: AVNM Sep 10, 2026; DFIC Sep 22, 2026
Paid on: AVNM Sep 14, 2026; DFIC Sep 24, 2026
Frequency: AVNM Quarterly; DFIC Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

AVNMQuarterly · 8 paymentsAll AVNM payments⁠

DFICQuarterly · 18 paymentsAll DFIC payments⁠

AVNM vs DFIC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AVNM 12.4%DFIC 11.9%, better
Return per unit of riskSharpe ratio, 3 years: AVNM 1.35DFIC 1.35
Worst fallMax drawdown, 5 years: AVNM −14.0%since Jun 2023DFIC −24.4%since Mar 2022
Market sensitivityBeta, 5 years: AVNM 0.81DFIC 0.92; Market = 1

AVNM and DFIC in the news

All news⁠

New ETFs
Three new international stock funds, and none is the cheap one
Oct 5, 2026AVNM
New ETFs
Avantis lists an international stock ETF with Vanguard on top
Oct 5, 2026AVNM
ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026DFIC

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AVNM vs DFIC

In short

Stated mandate

Why people hold it