Avantis U.S. Small Cap Equity ETF
Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of small capitalization companies located in the United States. The fund may also engage in securities lending and invest its collateral in eligible securities, such as a government money market fund. The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index. The portfolio managers continually analyze market and financial data to make buy, sell, and hold decisions.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +25.2% so far this year. At 0.25% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -1.9% |
| 1 month | +2.3% |
| 3 months | +8.4% |
| 6 months | +13.6% |
| YTD | +25.2% |
| 1 year | +29.7% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat AVSC on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $128.4B | +$547M | -20bp on fee · 94× the assets · +$547M in over the month | Head-to-head |
| IMCB iShares Morningstar Mid-Cap ETF | 0.04% | $1.7B | +$15M | -21bp on fee · +$15M in over the month | Head-to-head |
| VO Vanguard Mid Cap Index Fund | 0.04% | $68.1B | — | -21bp on fee · 50× the assets | Head-to-head |
| IMCG iShares Morningstar Mid-Cap Growth ETF | 0.06% | $4.2B | +$69M | -19bp on fee · 3× the assets · +$69M in over the month | Head-to-head |
| IMCV iShares Morningstar Mid-Cap Value ETF | 0.06% | $1.2B | +$20M | -19bp on fee · +$20M in over the month | Head-to-head |