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ETFs

Avantis International Small Cap Value ETF

AVDV
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Sep 24 2019
Expense Ratio
0.36%
Type
Global Ex. US Equities
Fund Owner
Avantis Investors
Volume (1m avg. daily)
$19,791,542
AUM
$3,421,032,034
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MKS
Marks & Spencer Group
0.97%
5406
Kobe Steel Ltd
0.92%
IVG
Iveco Group N.V
0.87%
2343
Pacific Basin Shipping Ltd.
0.72%
CPG
Crescent Point Energy Corp
0.71%
SQN
Swissquote Group Holding Ltd.
0.69%
HWDN
Howden Joinery Group Plc
0.62%
BPSO
Banca Popolare di Sondrio S.p.A
0.60%
MEG
MEG Energy Corp
0.57%
SFZN
Siegfried Holding AG
0.57%
Invest with AVDV

What is AVDV?

The fund invests primarily in a diverse group of non-U.S. small cap value companies across market sectors, industry groups, and countries. 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 toAVDV

ETFs correlated to AVDV include DISV, DFIS, DFIC

AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
DISV
Dimensional ETF Trust - Dimensional International Small Cap Value ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
DLS
WisdomTree Trust - WisdomTree International SmallCap Dividend Fund
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value 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.

FAQ

AVDV is a Global Ex. US Equities ETF. The fund invests primarily in a diverse group of non-U.S. small cap value companies across market sectors, industry groups, and countries. 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.

Yes, AVDV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, AVDV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AVDV is 0.0164%. This is the percent change in the value of AVDV over the most recent 1-month period. The 3-month return on AVDV is 0.0339%. This is the percent change in the value of AVDV over the most recent 3-month period.

The standard deviation of AVDV for the past year is 0.1852%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AVDV include PBW, IGF, and ARKK.

ETFs correlated to AVDV include DISV, DFIS, and DFIC.

ETFs that are inversely correlated to AVDV include EFZ, EPV, and TZA.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data 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 provider. Information 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.