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Avantis International Equity ETF

AVDE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 24 2019
Expense Ratio
0.23%
Type
Global Ex. US Equities
Fund Owner
Avantis Investors
Volume (1m avg. daily)
$11,884,401
AUM
$2,429,170,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

ROG
Roche Holding AG
0.97%
NVO
Novo Nordisk - ADR
0.93%
SHEL
Shell Plc - ADR (Representing - Ordinary Shares)
0.90%
ASML
ASML Holding NV - New York Shares
0.81%
NVS
Novartis AG - ADR
0.81%
MC
LVMH MOET HENNESSY LOUIS VUI
0.79%
TTE
TotalEnergies SE - ADR
0.77%
BHP
BHP Group Limited - ADR
0.74%
BP
BP plc - ADR
0.73%
NESN
Nestle SA
0.69%
Invest with AVDE

What is AVDE?

The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. The fund may invest in companies of all market capitalizations. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with smaller market capitalizations and securities of companies it defines as high profitability or value companies. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of large companies with lower levels of profitability and higher prices relative to their book values or other financial metrics. To identify small capitalization, high profitability, or value companies, the portfolio managers may use reported and estimated company financials and market data including, but not limited to, shares outstanding, book value and its components, cash flows, revenue, expenses, accruals and income. Value companies may be defined as those with lower price relative to book value ratio or other fundamental value. High profitability companies may be defined as those with higher cash based operating profitability. The portfolio managers may also consider other factors when selecting a security including, industry classification, the past performance of the security relative to other securities, its liquidity, its float, and tax, governance or cost considerations, among others.

ETFs related toAVDE

ETFs correlated to AVDE include GDEF, GJAN, DFIC

AVDEAmerican Century ETF Trust - Avantis International Equity ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
DFICDimensional ETF Trust - Dimensional International Core Equity 2 ETF
DFAIDimensional ETF Trust - Dimensional International Core Equity Market ETF
TLTDFlexShares Trust - FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
IDEViShares Trust - iShares Core MSCI International Developed Markets ETF
BKIEBNY Mellon ETF Trust - BNY Mellon International Equity ETF
VEAVanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
SCHFSchwab Strategic Trust - Schwab International Equity ETF
SPDWSSgA Active Trust - SPDR Portfolio Developed World ex-US ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

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We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.