Avantis All Equity Markets ETF
AVGE
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Avantis All Equity Markets ETF (AVGE) is an actively managed exchange-traded fund that provides diversified global equity exposure through a fund-of-funds structure, investing primarily in other Avantis ETFs to emphasize securities with higher expected returns based on current market prices, book equity, and profitability metrics; it targets a U.S. allocation of approximately 70%, ex-U.S. developed markets at 17%, emerging markets at 10%, and real estate sectors at 3%. The ETF's principal holdings include Avantis U.S. Equity ETF (AVUS, ~43%), Avantis U.S. Large Cap Value ETF (AVLV, ~15%), Avantis International Equity ETF (AVDE, ~11%), Avantis Emerging Markets Equity ETF (AVEM, ~6%), Avantis International Large Cap Value ETF (AVIV, ~6%), Avantis Emerging Markets Value ETF (AVES, ~4%), and Avantis U.S. Small Cap Value ETF (AVUV, ~3%), among others such as Avantis U.S. Small Cap Equity ETF (AVSC), Avantis International Small Cap Value ETF (AVDV), and Avantis Real Estate ETF (AVRE). Launched on September 27, 2022, and sponsored by Avantis Investors, a brand of American Century Investments headquartered in Mountain View, California, AVGE operates with a net expense ratio of 0.23% and trades on the NYSE Arca exchange, serving institutional and retail investors seeking broad global market access with factor tilts toward value, small-cap, and profitability. In recent developments, Avantis Investors has expanded its European presence through UCITS ETF wrappers, attracting nearly $1 billion in assets within nine months of listing three ETFs in Germany and the UK as of October 2025, while leveraging these structures for offerings like an Australian trust. The firm continues a management fee waiver of 0.02% for AVGE through December 31, 2025, subject to Board approval, supporting cost efficiency amid assets under management reaching approximately $625 million. AVGE maintains its core strategy without major portfolio reallocations or new product integrations in 2024-2025, though performance analyses note ongoing sector tilts away from technology toward energy, materials, and emerging markets, contributing to benchmark underperformance relative to the MSCI ACWI IMI index.