Avantis International Small Cap Value ETF
ALTAR
Score™
7.8% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
33.1x P/Sales
ratio
0.5x
P/BV
ratio
0.8x Div.
yield
2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
AVDV is an actively managed portfolio of developed market, non-US, small cap value companies. The fund seeks long-term capital appreciation.

FUND BASICS
Category International Equities
Fund Sponsor American Century
Website www.avantisinvestors.com
Inception date Sep 24, 2019
Assets (mns) $152
Currency USD
Expense ratio 36 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 863
Wgt avg mkt cap (mns) $1,824
Large cap (>$10bn) 0.1%
Mid cap ($2-10bn) 43.7%
Small cap (<$2bn) 56.2%
Developed mkts 99.5%
Emerging mkts 0.1%

TOP TEN HOLDINGS
VALIANT HOLDING AG-REG 1.1 %
YAMANA GOLD INC 0.9 %
B2GOLD CORP 0.9 %
DIALOG SEMICONDUCTOR PLC 0.9 %
RHEINMETALL AG 0.8 %
WM MORRISON SUPERMARKETS 0.7 %
ST JAMES'S PLACE PLC 0.7 %
SAINSBURY (J) PLC 0.7 %
SBI HOLDINGS INC 0.6 %
IG GROUP HOLDINGS PLC 0.6 %
Total 8.0 %

TOP COUNTRY EXPOSURE
JAPAN 26.2 %
BRITAIN 12.2 %
CANADA 8.8 %
AUSTRALIA 6.2 %
SWITZERLAND 4.6 %
GERMANY 4.5 %
SWEDEN 4.0 %
FRANCE 2.3 %
BELGIUM 1.9 %
ITALY 1.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-19.2% -- -- -- -8.9%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $44.42
30d moving avg. $44.76
Annualized volatility 0.0%
Short interest (ETF) 2.7%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 23
Turnover 0.7%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $7,777

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Avantis International Small Cap Value ETF ETF based on the alternatives' overlap in portfolio holdings with AVDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AVDV Expense: 36 bp ALTAR Score™: 7.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AVDV
Ticker Fund
Name
Overlap1
vs AVDV
(%)
Expense
ratio
(bp)
Savings
vs AVDV
(bp)
ALTAR
Score™
(%)
ALTAR
vs AVDV
(%)
FNDC Schwab Fundamental International Small Co. Index ETF 20.7 39 -3 7.5 -0.3
DDLS WisdomTree Dynamic Currency Hedged Intl SmallCap Equity Fund 19.4 43 -7 8.9 +1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 19.1 49 -13 6.8 -1.0
DLS WisdomTree International SmallCap Dividend Fund 18.9 58 -22 8.8 +1.0
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 18.5 40 -4 8.9 +1.1
ISDS Invesco Strategic Developed ex-US Small Company ETF 17.4 35 1 6.9 -0.9
SCZ iShares MSCI Eafe Small-Cap ETF 17.1 40 -4 7.4 -0.4
SCJ iShares MSCI Japan Small-Cap ETF 16.6 49 -13 6.7 -1.2
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 16.2 58 -22 8.5 +0.7
DFJ WisdomTree Japan SmallCap Dividend Fund 16.2 58 -22 8.6 +0.8
GWX SPDR S&P International Small Cap ETF 16.0 40 -4 6.8 -1.0
SCHC Schwab International Small-Cap Equity ETF 16.0 11 25 7.0 -0.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 15.3 80 -44 10.9 +3.1
IEUS iShares MSCI Europe Small-Cap ETF 13.3 40 -4 8.1 +0.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 12.8 39 -3 8.6 +0.8
VSS Vanguard FTSE All World (ex-US) Small Cap Index Fund 11.9 11 25 7.0 -0.8
DFE WisdomTree Europe SmallCap Dividend Fund 10.7 58 -22 8.7 +0.9
AVDE Avantis International Equity ETF 10.0 23 13 8.1 +0.3
EWUS iShares MSCI United Kingdom Small Cap ETF 9.0 59 -23 8.6 +0.8
DDJP WisdomTree Dynamic Currency Hedged Japan Equity Fund 8.8 43 -7 9.3 +1.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 8.0 58 -22 8.1 +0.3
SCIJ Global X Scientific Beta Japan ETF 7.6 40 -4 7.2 -0.6
EWJE iShares MSCI Japan Equal Weighted ETF 7.5 15 21 7.3 -0.5
DXJ WisdomTree Japan Hedged Equity Fund 6.9 48 -12 8.5 +0.7
DIM WisdomTree International MidCap Dividend Fund 6.7 58 -22 7.9 +0.1
IDLB Invesco FTSE International Low Beta Equal Weight ETF 5.8 45 -9 7.4 -0.5
JPIN JPMorgan Diversified Return International Equity ETF 5.7 37 -1 8.1 +0.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.6 39 -3 6.8 -1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 5.4 29 7 8.8 +1.0
ISDX Invesco Strategic Developed ex-US ETF 5.4 23 13 7.7 -0.1
HFXJ IQ 50 Percent Hedged FTSE Japan ETF 5.3 30 6 7.6 -0.2
UIVM VictoryShares USAA MSCI International Value Momentum ETF 5.3 35 1 9.0 +1.2
PICK iShares MSCI Global Metals & Mining Producers ETF 5.3 39 -3 7.7 -0.1
SCID Global X Scientific Beta Europe ETF 5.3 39 -3 6.6 -1.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 5.3 24 12 7.4 -0.5
FLJP Franklin FTSE Japan ETF 5.3 9 27 7.8 +0.0
FLJH Franklin FTSE Japan Hedged ETF 5.2 9 27 7.8 +0.0
EWGS iShares MSCI Germany Small Cap ETF 5.1 59 -23 5.2 -2.6
ISZE iShares Edge MSCI Intl Size Factor ETF 5.1 30 6 7.6 -0.3
IVAL Alpha Architect International Quantitative Value ETF 4.9 59 -23 10.6 +2.8
DDEZ WisdomTree Europe Multifactor Fund 4.8 43 -7 7.1 -0.7
VPL Vanguard FTSE Pacific ETF 4.7 8 28 7.9 +0.1
IQIN IQ 500 International ETF 4.6 25 11 9.1 +1.3
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 4.6 9 27 7.9 +0.1
IPAC iShares Core MSCI Pacific ETF 4.5 9 27 7.5 -0.3
EWJV iShares MSCI Japan Value ETF 4.5 15 21 10.5 +2.7
JPXN iShares JPX-Nikkei 400 ETF 4.3 48 -12 7.5 -0.3
VIDI Vident International Equity Fund 4.2 59 -23 11.7 +3.9
INTF iShares Edge MSCI Multifactor Intl ETF 4.0 30 6 8.1 +0.3
GOEX Global X Gold Explorers ETF 4.0 65 -29 3.2 -4.6
FKU First Trust United Kingdom AlphaDEX Fund 3.9 80 -44 9.4 +1.6
DWM WisdomTree International Equity Fund 3.9 48 -12 8.4 +0.6
FDT First Trust Developed Markets ex-US Alphadex Fund 3.8 80 -44 7.7 -0.1
IDEV iShares Core MSCI International Developed Markets ETF 3.7 5 31 7.4 -0.4
FNDF Schwab Fundamental International Large Co. Index ETF 3.7 25 11 9.0 +1.2
BBJP JPMorgan BetaBuilders Japan ETF 3.7 19 17 7.7 -0.1
RING iShares MSCI Global Gold Miners ETF 3.7 39 -3 3.4 -4.5
FJP First Trust Japan AlphaDEX Fund 3.7 80 -44 9.2 +1.4
PQIN PGIM QMA Strategic Alpha International Equity ETF 3.7 29 7 7.8 +0.0
IEFA iShares Core MSCI EAFE ETF 3.6 7 29 7.4 -0.4
JPGE JPMorgan Diversified Return Global Equity ETF 3.5 29 7 7.5 -0.3
GOAU U.S. Global GO GOLD & Precious Metal Miners ETF 3.4 60 -24 2.5 -5.3
QJPN SPDR MSCI Japan StrategicFactors ETF 3.3 14 22 7.9 +0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 3.3 45 -9 9.1 +1.3
IVLU iShares Edge MSCI Intl Value Factor ETF 3.3 30 6 11.6 +3.8
VEA Vanguard FTSE Developed Markets ETF 3.3 5 31 7.6 -0.2
DTH WisdomTree DEFA Equity Income Fund 3.2 58 -22 9.9 +2.1
FYLD Cambria Foreign Shareholder Yield ETF 3.1 59 -23 9.5 +1.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 3.1 35 1 8.6 +0.8
FCAN First Trust Canada AlphaDex Fund 3.1 80 -44 4.9 -2.9
SPDW SPDR Portfolio Developed World ex-US ETF 2.9 4 32 7.3 -0.5
EWJ iShares MSCI Japan ETF 2.9 49 -13 7.3 -0.5
GDXJ VanEck Vectors Junior Gold Miners ETF 2.8 53 -17 2.8 -5.0
PDEV Principal International Multi-Factor Core Index ETF 2.8 25 11 8.1 +0.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 2.8 45 -9 7.4 -0.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 2.7 25 11 7.4 -0.4
IXUS ishares Core MSCI Total International Stock ETF 2.7 9 27 7.6 -0.2
IDLV Invesco S&P International Developed Low Volatility ETF 2.6 25 11 6.8 -1.1
RFDI First Trust Riverfront Dynamic Developed International ETF 2.6 83 -47 5.8 -2.0
SGDJ ALPS Sprott Junior Gold Miners ETF 2.6 50 -14 3.4 -4.4
JPEU JPMorgan Diversified Return Europe Equity ETF 2.6 37 -1 7.0 -0.8
GRES IQ Global Resources ETF 2.5 77 -41 7.7 -0.1
GDX VanEck Vectors Gold Miners ETF 2.5 52 -16 2.9 -4.9
SGDM Sprott Gold Miners ETF 2.5 50 -14 2.8 -5.0
ESGN Columbia Sustainable International Equity Income ETF 2.5 45 -9 10.9 +3.1
VXUS Vanguard Total International Stock Index Fund 2.5 8 28 7.8 0.0
KLDW Gavekal Knowledge Leaders Developed World ETF 2.5 75 -39 5.4 -2.4
QINT American Century Quality Diversified International ETF 2.4 39 -3 5.9 -1.9
VSGX Vanguard ESG International Stock ETF 2.2 17 19 7.4 -0.4
VGK Vanguard FTSE Europe ETF 2.1 8 28 7.5 -0.3
IEUR iShares Core MSCI Europe ETF 2.1 9 27 7.3 -0.5
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 2.1 30 6 0.0 -7.8
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 2.0 7 29 7.7 -0.1
FLGB Franklin FTSE United Kingdom ETF 2.0 9 27 7.7 -0.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 2.0 80 -44 6.0 -1.9
FEU SPDR Portfolio Europe ETF 2.0 9 27 7.5 -0.3
FLM First Trust Global Engineering & Construction ETF 2.0 70 -34 9.2 +1.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.0 25 11 6.7 -1.1
SCHF Schwab International Equity ETF 1.9 6 30 7.5 -0.3
DWMF WisdomTree International Multifactor Fund 1.9 38 -2 6.8 -1.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Avantis International Small Cap Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.1 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 36 bp
Equals: ALTAR Score 7.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 CATEGORY
AVERAGE
1.59
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.