Avantis International Large Cap (AVIV)

Overview

The Avantis International Large Cap Value ETF (AVDV) seeks long-term capital appreciation by investing in a broad portfolio of international large-cap value stocks, emphasizing companies with high profitability and low valuations.

Reputation and Reliability

Avantis Investors is a relatively new but respected issuer known for its systematic, value-oriented investment approach. They are a subsidiary of American Century Investments.

Management Expertise

The management team is experienced in quantitative investing and factor-based strategies, leveraging research and technology to implement their investment process.

Goal

The primary investment goal of AVDV is to seek long-term capital appreciation.

Investment Approach and Strategy

Strategy: AVDV does not strictly track a specific index but employs a systematic investment process, selecting stocks based on profitability, value, and momentum factors within the international large-cap universe.

Composition The ETF primarily holds stocks of large-cap companies based outside of the U.S., primarily in developed markets but with some exposure to emerging markets. The ETF has a tilt toward value companies. As of its last reporting, the sector composition will vary.

Market Share: AVDV has a moderate market share within the international large-cap value ETF category.

Total Net Assets (AUM): 6560000000

Key Competitors

• VEA
• IXUS
• SCHF
• SPDW
• IDEV

Competitive Landscape

The international large-cap ETF market is competitive, with several established players. AVDV distinguishes itself through its value-oriented and factor-based approach. AVDV's advantage lies in its focus on profitability and value factors, potentially offering higher returns compared to broader market ETFs. However, this targeted approach may also lead to higher volatility and underperformance during growth-oriented market phases.

Historical Performance: Historical performance data is available but will vary based on the time. Investors should refer to up-to-date resources.

Benchmark Comparison: The ETF's benchmark comparison should be against an appropriate international large-cap value index, considering its factor-based approach to gauge effectiveness.

Expense Ratio: 0.23

Average Trading Volume

AVDV exhibits good liquidity, ensuring ease of trading for investors.

Bid-Ask Spread

The bid-ask spread is typically tight, reflecting the ETF's trading volume and indicating low trading costs.

Market Environment Factors

Economic indicators in developed and emerging markets, global trade policies, and currency fluctuations influence AVDV's performance.

Growth Trajectory

AVDV's growth trajectory depends on the performance of international markets and the effectiveness of its factor-based investment strategy. Strategy and holdings are reviewed frequently.

Competitive Edge

AVDV's competitive edge lies in its systematic investment process that targets companies with high profitability, low valuations, and positive momentum. This factor-based approach aims to outperform traditional market-cap-weighted indices. The ETF's relatively low expense ratio compared to actively managed funds is also an advantage. Furthermore, Avantis's association with American Century Investments adds credibility and resources, which enhances investor confidence. These qualities combined make AVDV an attractive option for investors seeking international value exposure.

Volatility

AVDV may experience higher volatility than broad market ETFs due to its value tilt and focused investment strategy.

Market Risk

The ETF is subject to market risk inherent in international equity investments, including economic downturns, political instability, and currency fluctuations.

Ideal Investor Profile

The ideal investor profile for AVDV is someone seeking long-term capital appreciation through exposure to international large-cap value stocks.

Market Risk

AVDV is suitable for long-term investors looking to diversify their portfolios with international equities and who are comfortable with moderate volatility.

Avantis International Large Cap Value ETF (AVDV) offers investors a systematic approach to investing in international large-cap value stocks, focusing on companies with high profitability and low valuations. Its factor-based strategy and low expense ratio make it an appealing option for investors seeking long-term capital appreciation outside of the United States. However, its targeted approach may lead to higher volatility compared to broader market ETFs. As such, investors should consider their risk tolerance and investment objectives before investing in AVDV. AVDV can be suitable for long term investors.

• VEA
• IXUS
• SCHF
• SPDW
• IDEV
• EFV
• IVAL

Data Sources:

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

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data is approximate and may vary depending on the source and calculation method.