- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Mar 17, 2022
- Business
- Avantis Responsible International Equity ETF (AVSD) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in a diverse group of non-U.S. companies across developed markets countries, covering large-, mid- and small-cap stocks; the fund employs a systematic investment approach that overweights securities trading at lower valuations with higher profitability ratios while screening out companies raising concerns based on environmental, social, and governance (ESG) metrics using third-party data and proprietary evaluations. Launched on March 15, 2022, and issued by Avantis Investors, a subsidiary of American Century Investments founded in 1958 and headquartered in Kansas City, Missouri, AVSD benchmarks against the MSCI World ex-USA IMI Index, which captures approximately 99% of the free float-adjusted market capitalization in developed markets excluding the United States, and maintains a net expense ratio of 0.23% with assets under management exceeding $180 million as of late 2025. The fund targets institutional investors, registered investment advisors, and retail investors seeking ESG-integrated exposure to international equities in sectors such as financials, producer manufacturing, technology, and consumer cyclicals, with top holdings including HSBC Holdings PLC, Novartis AG, Roche Holding AG, and Royal Bank of Canada.
In recent developments, Avantis Investors, AVSD's sponsor, reached $75 billion in assets under management in July 2025, marking rapid global growth, and entered a strategic alliance with CIBC Asset Management Inc. in November 2025 to launch eight new Avantis CIBC ETFs for the Canadian market; earlier, in December 2023, Avantis partnered with FusionIQ to deliver ETF and mutual fund strategies through the FusionIQ Digital Model Marketplace. AVSD itself experienced unusually high trading volume in October 2025, driven by components like Nokia and Grab Holdings, amid strong year-to-date performance of approximately 31% NAV total return as of October 31, 2025, outperforming its benchmark through its ESG-enhanced risk-adjusted returns, including a Sharpe Ratio of 1.09. These milestones reflect Avantis Investors' expansion while maintaining its focus on cost-efficient, scientifically driven active management integrated into broader asset allocations.