AVTM vs CDIG

AVTMAAvantis Total Equity Markets ETF 1

CDIGDCity Different Investments Global Equity ETF

In short

AVTM Avantis' one-ticket world stock market: roughly 1,700 holdings, U.S. names owned directly and the overseas sleeves held through sister Avantis funds, all tilted toward cheaper, more profitable companies.

CDIG A go-anywhere global stock picker from a boutique shop, launched in 2025 into a cohort ruled by cheap systematic giants. Active, unconstrained, 0.75%, and still writing its first chapter.

Stated mandate

AVTM Seeks long-term capital appreciation through a broadly diversified total-market equity allocation, using individual securities and Avantis ETFs while emphasizing securities expected to offer higher returns or better risk characteristics than a passive market-capitalization-weighted index.

CDIG The Fund seeks capital appreciation.

Why people hold it

• AVTM Costs 0.22% net of a fee waiver (0.23% gross), a notch under stablemate AVGE at 0.23% and below the typical fee in its category.
• Owns U.S. companies directly rather than only stacking funds, then uses Avantis ETFs for developed and emerging markets abroad. One ticket, all market caps.sec.gov
• Benchmarked to 85% Russell 3000 and 15% MSCI ACWI ex-US IMI: a deliberately U.S.-heavy world portfolio, not a global cap-weight split.avantisinvestors.com
• One of the stronger builds in a crowded field of actively managed global equity funds.

• CDIG No index to hug. The mandate is capital appreciation from stocks anywhere in the world, so the manager can move across regions without a benchmark leash.
• One ticker for the whole equity map: US and non-US in a single holding instead of bolting together separate regional funds.
• Plain plumbing. A registered 1940 Act ETF with no structural flags on file, meaning a 1099 at tax time rather than a K-1.

Worth knowing

• AVTM Avantis flags that much of the starting portfolio sits on a low tax basis, so the fund may realize and distribute more capital gains than other ETFs.avantisinvestors.com
• Trades thinly next to the index giants in its category, so spreads and order size matter more here.
• Launched January 2026, so the history is short, and with no index to follow the portfolio reflects Avantis' own valuation and profitability tilts.sec.gov

• CDIG The fee is 0.75%, above the median for active global equity and several times what systematic peers charge, such as GSWO at 0.15% and DFAW at 0.24%.
• It launched in September 2025, so the track record is thin. There is a prospectus to read, not years of results to weigh.
• Small and lightly traded, which usually means wider bid/ask spreads. Limit orders and steering clear of the opening and closing minutes are standard practice here.

Full AVTM profile⁠

Full CDIG profile⁠