Avantis International Equity ETF (AVDE) is an exchange-traded fund that provides exposure to developed markets outside the United States, tracking the FTSE Developed ex North America Index. The ETF offers investors diversified access to large- and mid-cap equities from approximately 4,000 companies across Europe, Japan, Australia, and other developed markets; it employs a systematic, rules-based investment approach emphasizing low-cost indexing with a focus on value, profitability, and momentum factors. AVDE's portfolio includes major holdings such as Nestle SA, ASML Holding NV, and Novo Nordisk A/S, with sector allocations led by financials, industrials, and consumer discretionary; the fund maintains a low expense ratio of 0.23% and distributes dividends quarterly. Launched in September 2019 by American Century Investments, the ETF is domiciled in the United States and listed on the NYSE Arca exchange. In recent developments, Avantis Investors announced enhancements to its ETF suite in 2024, including expanded factor tilts for AVDE to better capture international value opportunities amid global market volatility; the firm also integrated AVDE into several strategic partnerships with financial advisors for model portfolio allocations.