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Avantis All Equity Markets ETF

AVGE

Market cap $1.23B

99.93 USD

-0.72

0.72%

At close Updated Sep 14, 4:00 PM EDT

1 day

-0.72%

5 days

-2.05%

1 month

-2.48%

3 months

0.05%

6 months

12.74%

Year to date

15.13%

1 year

20.35%

5 years

98.67%

10 years

98.67%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 0%

Negative 0%

AVGE ETF: War, Oil Shocks, And Nothing To Show Yet For Active Management

Avantis All Equity Markets ETF is an actively managed global equity fund launched in 2022, targeting broad exposure via a fund-of-funds approach. AVGE has underperformed passive benchmarks like ACWI and VT, with little sector or geographic differentiation despite a slightly higher U.S. allocation and emerging markets tilt. With a 0.25% expense ratio and modest liquidity, AVGE's active management has not delivered outperformance, especially during recent market volatility.

AVGE ETF: War, Oil Shocks, And Nothing To Show Yet For Active Management

AVGE: Strong Start, But Shaky End In Mixed 2025

Avantis All Equity Markets ETF has underperformed the passive ACWI index, particularly in late 2025, due to sector and regional misallocation. AVGE's active management and fund-of-funds structure have not delivered superior returns, with a higher beta (1.04) and lower Sharpe ratio (0.84) than peers. The ETF's portfolio is overweight energy and emerging markets, underweight tech, and includes all Avantis offerings, diluting its effectiveness versus benchmarks.

AVGE: Strong Start, But Shaky End In Mixed 2025

AVGE: Sluggish 2025 Continues With Benchmark Underperformance

Avantis All Equity Markets ETF has underperformed its benchmark, the MSCI ACWI IMI, since its 2022 launch. AVGE's active management and sector allocations—especially lower tech and higher energy/emerging markets—have contributed to lagging returns versus ACWI. Despite a lower expense ratio (0.23%) than ACWI, AVGE's higher beta and weaker Sharpe ratio highlight less attractive risk-adjusted performance.

AVGE: Sluggish 2025 Continues With Benchmark Underperformance

AVGE: An Underperforming Fund Of Funds

AVGE is an actively managed, globally diversified ETF with a lower expense ratio than ACWI but has underperformed since its 2022 launch. The fund's sector and geographic allocations—especially lower tech and higher energy/emerging markets—have hurt returns vs. the passive ACWI benchmark. Avantis All Equity Markets ETF's higher beta and low Sharpe ratio indicate higher risk without commensurate returns, making its risk/reward profile unattractive so far.

AVGE: An Underperforming Fund Of Funds

AVGE: A Fund Of Equity Funds Worth Considering

Avantis All Equity Markets ETF is a fund of funds, blending Avantis ETFs for diversified U.S. and global market access, with a tilt towards value. AVGE has low fees and diversification appeal, but a limited track record and potential lag during growth cycles. This may be worth considering with its unique sector mix and global stock exposure.

AVGE: A Fund Of Equity Funds Worth Considering

Get Worldwide Equities Exposure in the Convenience of One ETF

Large caps dominated in 2023. But as investors continue to seek opportunities in 2024, international equities could be extending last year's rally.

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