AVNV vs EWJV

AVNVCAvantis All International Markets Value ETF 9

EWJVBiShares MSCI Japan Value ETF

In short

AVNV One ticket for the whole non-US value trade: Avantis bundles its international large cap, small cap and emerging markets value funds into a single fund-of-funds, screened on value and profitability, for 0.34%.

EWJV Most international value funds spread the bet across the whole developed world. EWJV skips the buffet and orders one dish: cheap-looking large- and mid-cap Japanese stocks, roughly 110 of them, for 0.15% a year.

Stated mandate

AVNV The fund's objective is long-term capital appreciation.

EWJV The fund seeks to track large- and mid-capitalization Japanese equities with value characteristics and relatively lower valuations.

Why people hold it

• AVNV Covers ground most rivals skip: developed and emerging markets, large caps and small, all screened for cheap valuations plus profitability.avantisinvestors.com
• 0.34% covers the whole stack, near the category median for international value, and that's the real number, with no fee waiver propping it up.
• Benchmarked to the MSCI ACWI ex-USA IMI Value Index rather than pinned to it, so the managers weight by valuation and profitability on their own clock.avantisinvestors.com
• One trade instead of three: the adviser handles the mix across regions and company size inside the wrapper, and distributions land quarterly.americancentury.com

• EWJV At 0.15% a year, it is the cheapest fund in its international-value peer group, well under the group's typical fee and below broad rivals like DFIV and EFV.
• A clean single-country expression: the MSCI Japan Value Index screens large- and mid-cap Japanese equities for value characteristics and lower valuations, so the country call and the style call arrive together.ishares.com
• Plain index plumbing from iShares, running since 2019, and it has stayed close to the benchmark it advertises.
• One of the stronger builds in its cohort on cost and mandate discipline, sitting in the upper half of the international-value field.

Worth knowing

• AVNV Thinly traded and among the smaller funds in its category, which tends to mean wider bid-ask spreads than headline international names.
• Value, small cap and emerging markets tilts together can swing well away from a plain international index, in either direction.
• Cheaper single-region options exist, such as VDV at 0.08%, though they stop at developed markets.

• EWJV One country, one style, roughly 110 names. Nothing in the portfolio cushions a stretch when Japan or value is out of fashion.
• Moderately traded, not a volume machine. Limit orders earn their keep on larger tickets.
• Distributions arrive once or twice a year rather than quarterly, so income lands in lumps.

Full AVNV profile⁠

Full EWJV profile⁠