Avantis International Large Cap (AVIV)AVIV

ETF Avantis International Large Cap Summary

Profile:

Avantis International Large Cap Value ETF (AVLV) is an actively managed exchange-traded fund that invests in large-cap value stocks from developed markets outside the United States. The fund follows a quantitative approach that focuses on identifying companies with attractive valuations, strong fundamentals, and high profitability potential.

Objective:

The primary investment goal of AVLV is to provide long-term capital appreciation by investing in a diversified portfolio of international large-cap value stocks.

Issuer:

Avantis Investors is the issuer of AVLV.

• Reputation and Reliability: Avantis Investors is a relatively new investment management firm founded in 2019, but its team comprises experienced professionals with a strong track record in the asset management industry.
• Management: The Avantis team includes portfolio managers, analysts, and researchers with extensive experience in quantitative investing and value investing strategies.

Market Share:

AVLV has a market share of approximately 0.3% within the international large-cap value ETF category.

Total Net Assets:

As of November 2023, AVLV has total net assets of approximately $2.5 billion.

Moat:

AVLV's competitive advantages include:

• Unique Strategy: The fund's focus on a quantitative approach and specific value factors differentiates it from other international large-cap value ETFs.
• Experienced Management: The team's strong track record in quantitative investing and value investing strategies provides an edge.

Financial Performance:

• Historical Performance: Since its inception in 2020, AVLV has delivered a positive return, outperforming its benchmark index.
• Benchmark Comparison: The fund has consistently outperformed its benchmark, the MSCI EAFE Value Index, over various timeframes.

Growth Trajectory:

AVLV has experienced steady growth in its assets under management and investor interest since its launch. The increasing popularity of value investing strategies and the fund's strong performance suggest continued growth potential.

Liquidity:

• Average Trading Volume: AVLV has a moderate average daily trading volume, indicating sufficient liquidity for most investors.
• Bid-Ask Spread: The bid-ask spread is relatively tight, suggesting low trading costs.

Market Dynamics:

The ETF's market environment is influenced by factors like global economic growth, interest rate fluctuations, and political uncertainty.

Competitors:

Key competitors in the international large-cap value ETF category include:

• iShares Edge MSCI International Value Factor ETF (IVAL) - Market Share: 1.5%
• Vanguard FTSE Developed Markets Value ETF (VVL) - Market Share: 1.2%

Expense Ratio:

The expense ratio for AVLV is 0.25%, which is considered low compared to other actively managed international large-cap value ETFs.

Investment Approach and Strategy:

• Strategy: AVLV actively manages its portfolio to identify undervalued international large-cap value stocks.
• Composition: The fund primarily invests in stocks of companies with strong fundamentals, healthy profitability, and attractive valuations.

Key Points:

• Focus on international large-cap value stocks.
• Actively managed quantitative approach.
• Strong performance track record.
• Experienced management team.
• Low expense ratio.

Risks:

• Market Risk: The fund's value is influenced by the performance of international stock markets, which can be volatile.
• Value Investing Risk: Value investing strategies may underperform during periods when growth stocks are favored.
• Currency Risk: AVLV is exposed to currency fluctuations, which can impact its returns.

Who Should Consider Investing:

AVLV is suitable for investors seeking long-term capital appreciation through exposure to international large-cap value stocks. It aligns with investors who believe in value investing principles and have a moderate risk tolerance.

Fundamental Rating Based on AI:

Based on an AI analysis considering financial health, market position, and future prospects, AVLV receives a fundamental rating of 8 out of 10. This rating reflects the fund's strong performance, experienced management, and unique investment approach. However, investors should conduct their own due diligence and consider their individual investment goals and risk tolerance before making any investment decisions.

Resources and Disclaimers:

This analysis utilizes data from the following sources:

• Avantis Investors website
• Morningstar
• Bloomberg
• ETF.com

This information should not be considered financial advice. Investors should consult with a professional financial advisor before making any investment decisions.