AVDE
Avantis International Equity ETF
AVDE is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations selected based on prospects for long-term growth of capital.
International
EQUITY
Active
MANAGEMENT STYLE
5.1 B
ASSETS UNDER MGMT
23 bp
EXPENSES
Fund Basics
| Fund sponsor | American Century |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 24, 2019 |
| Assets (mns) | $5,128 |
| Expense ratio | 23 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NOVO-NORDISK A/S-SPONS ADR | 1.7 % |
| ROCHE HOLDING AG-BR | 1.1 % |
| ASML HOLDING NV-NY REG SHS | 1.0 % |
| NOVARTIS AG-ADR | 0.9 % |
| TOTAL SA-SPON ADR | 0.7 % |
| TOYOTA MOTOR CORP -SPON ADR | 0.7 % |
| BP PLC-SPONS ADR | 0.6 % |
| LVMH MOET HENNESSY LOUIS VUI | 0.6 % |
| HSBC HOLDINGS PLC-SPONS ADR | 0.6 % |
| UBS GROUP AG | 0.6 % |
Constituent Breakdown
| Number of holdings | 3232 |
| Herfindahl-Hirschman Index | 22 |
| Wgt avg mkt cap (mns) | $49,709 |
| Large cap (>$10bn) | 63.8% |
| Mid cap ($2-10bn) | 25.8% |
| Small cap (<$2bn) | 8.2% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
JAPAN | 20.3 % |
 |
BRITAIN | 11.2 % |
 |
CANADA | 9.3 % |
 |
SWITZERLAND | 8.7 % |
 |
FRANCE | 8.3 % |
 |
GERMANY | 6.4 % |
 |
AUSTRALIA | 6.2 % |
 |
NETHERLANDS | 4.1 % |
 |
DENMARK | 3.1 % |
 |
SWEDEN | 2.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 2.0% | 16.2% | 15.2% | 0.9% | 5.8% | -- | 6.5% | Volatility | 13.0% | 13.1% | 14.4% | 16.8% | 19.8% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.90 | 74% |
| MSCI EAFE | 1.03 | 99% |
| MSCI Emg Mkts | 0.84 | 66% |
Liquidity Measures
| Avg. volume (000) | 264 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.10% |
| ADV of underlying (mns) | $83,785 |
Technical Indicators
| Recent close | $63.00 |
| 30d moving avg. | $65.67 |
| Annualized volatility | 18.2% |
| Relative strength (RSI) | 45 |
| Short interest (ETF) | 0.7% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AVDE |
Expenses vs. AVDE |
ALTAR Score™ vs. AVDE |
|---|---|---|---|---|
| AVSD | Avantis Responsible International Equity ETF | 63.4% | 0 bp | -1.0% |
| DFIC | Dimensional International Core Equity 2 ETF | 55.8% | 0 bp | -0.3% |
| DFAI | Dimensional International Core Equity Market ETF | 52.3% | -5 bp | -0.8% |
| IDEV | iShares Core MSCI International Developed Markets ETF | 47.9% | -19 bp | -1.0% |
| DFSI | Dimensional International Sustainability Core 1 ETF | 46.8% | +1 bp | -1.6% |
| BKIE | BNY Mellon International Equity ETF | 45.9% | -19 bp | -1.0% |
| TLTD | FlexShares Morningstar Developed Markets ex-US Factor Tilt | 45.8% | +16 bp | -0.6% |
| SPDW | SPDR Portfolio Developed World ex-US ETF | 45.6% | -20 bp | -0.9% |
| VEA | Vanguard FTSE Developed Markets ETF | 45.4% | -18 bp | -0.7% |
| IEFA | iShares Core MSCI EAFE ETF | 45.1% | -16 bp | -0.9% |
Risk and Returns: AVDE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
AVDE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
AVDE
8.0%
Cat. Avg
7.3%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.3% and a standard deviation of
2.6%. AVDE's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places AVDE in the 61st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
AVDESELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active International Equity ETFs |
| # of ETFs | 38 |
| Avg. Expense Ratio | 56.2 bp |
| Std. Deviation | 24 bp |
| AVDE (23 bp) Percentile rank | 8 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| AVDE | 23.0 | 10.1 | 33.1 |
| Peer Avg. | 42.7 | 43.1 | 85.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .