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
5.0 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) | $5,043 |
| 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) | $48,137 |
| Large cap (>$10bn) | 63.1% |
| Mid cap ($2-10bn) | 26.5% |
| Small cap (<$2bn) | 8.3% |
| 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 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 2.7% | 8.4% | 9.0% | 2.8% | 5.6% | -- | 6.5% | Volatility | 13.0% | 13.1% | 14.4% | 16.8% | 19.8% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 73% |
| MSCI EAFE | 1.03 | 99% |
| MSCI Emg Mkts | 0.83 | 64% |
Liquidity Measures
| Avg. volume (000) | 298 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.10% |
| ADV of underlying (mns) | $56,241 |
Technical Indicators
| Recent close | $60.90 |
| 30d moving avg. | $63.84 |
| Annualized volatility | 17.9% |
| Relative strength (RSI) | 45 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
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 | -1.1% |
| DFIC | Dimensional International Core Equity 2 ETF | 55.4% | 0 bp | -0.4% |
| DFAI | Dimensional International Core Equity Market ETF | 51.7% | -5 bp | -0.9% |
| IDEV | iShares Core MSCI International Developed Markets ETF | 47.7% | -19 bp | -1.0% |
| DFSI | Dimensional International Sustainability Core 1 ETF | 46.6% | +1 bp | -1.8% |
| BKIE | BNY Mellon International Equity ETF | 45.9% | -19 bp | -1.2% |
| TLTD | FlexShares Morningstar Developed Markets ex-US Factor Tilt | 45.8% | +16 bp | -0.7% |
| SPDW | SPDR Portfolio Developed World ex-US ETF | 45.5% | -20 bp | -1.0% |
| VEA | Vanguard FTSE Developed Markets ETF | 45.3% | -18 bp | -0.8% |
| IEFA | iShares Core MSCI EAFE ETF | 45.0% | -16 bp | -1.0% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 12/20/2024
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
8.4%
Cat. Avg
7.5%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.5% and a standard deviation of
2.7%. AVDE's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places AVDE in the 62nd 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. | 42.8 | 45.3 | 88.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .