AVEE
Avantis Emerging Markets Small Cap Equity ETF
Avantis Emerging Markets Sm Cp Eq ETF seeks to achieve long-term capital appreciation by investing primarily in equity securities of small-cap companies located in emerging markets.
Emerging Market
EQUITY
Active
MANAGEMENT STYLE
$ 121.6 M
ASSETS UNDER MGMT
42 bp
EXPENSES
Fund Basics
| Inception date | Nov 07, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| LG INNOTEK CO LTD | 1.0 % |
| MACRONIX INTERNATIONAL | 1.0 % |
| HYOSUNG HEAVY INDUSTRIES CO LTD ORDINARY | 0.7 % |
| CO-TECH DEVELOPMENT CORP | 0.5 % |
| KATILIMEVIM TASARRUF FINANSMAN AS | 0.5 % |
| MPI CORP | 0.5 % |
| TAIWAN UNION TECHNOLOGY CORP | 0.5 % |
| KINGBOARD LAMINATES HOLDING | 0.5 % |
| KINGBOARD CHEMICALS HOLDINGS | 0.5 % |
| WIN SEMICONDUCTORS CORP | 0.5 % |
Constituent Breakdown
| Number of holdings | 2771 |
| Herfindahl-Hirschman Index | 12 |
| Wgt avg mkt cap (mns) | $1,421 |
| Large cap (>$10bn) | 2.6% |
| Mid cap ($2-10bn) | 34.5% |
| Small cap (<$2bn) | 36.2% |
| Developed mkts. | 5.6% |
| Emerging mkts. | 70.4% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 20.9 % |
 |
SOUTH KOREA | 14.2 % |
 |
CHINA | 8.3 % |
 |
INDIA | 7.5 % |
 |
HONG KONG | 4.7 % |
 |
SOUTH AFRICA | 4.1 % |
 |
BRAZIL | 4.0 % |
 |
SAUDI ARABIA | 1.6 % |
 |
MEXICO | 1.6 % |
 |
THAILAND | 1.2 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.1% | 15.1% | 11.8% | -- | -- | -- | -- | 13.2% |
| Dividend Yield | 0.8% | 2.8% | 3.0% | -- | -- | -- | -- | 2.9% |
| Total Returns | 11.9% | 17.9% | 14.9% | -- | -- | -- | -- | 16.0% | Ann. Volatility | 23.1% | 18.2% | 18.3% | -- | -- | -- | -- | 17.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.09 | 56% |
| MSCI EAFE | 0.93 | 62% |
| MSCI Emg Mkts | 0.74 | 85% |
Liquidity Measures
| Avg. volume (000) | 15 |
| ADV traded (mns) | $1 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $69.51 |
| Relative strength (RSI) | 49 |
| MACD/Signal | -0.37/-0.16 |
| Bollinger Bands (Upper/Lower) | $72.46/$66.45 |
| Short interest (% of AUM) | 1.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AVEE |
Expenses vs. AVEE |
ALTAR Score™ vs. AVEE |
|---|---|---|---|---|
| EEMS | iShares MSCI Emerging Markets Small Cap ETF | 43.1% | +28 bp | -0.6% |
| EWX | SPDR S&P Emerging Markets Small Cap ETF | 29.2% | +23 bp | -0.5% |
| DGS | WisdomTree Emerging Markets SmallCap Dividend Fund | 27.6% | +16 bp | +2.1% |
| AVES | Avantis Emerging Markets Value ETF | 22.8% | -6 bp | +2.6% |
| TLTE | FlexShares Morningstar Emerging Markets Factor Tilt Index | 17.9% | +17 bp | +1.3% |
| DEXC | Dimensional Emerging Markets ex China Core EquityETF | 16.1% | +11 bp | -2.1% |
| AVSE | Avantis Responsible Emerging Markets Equity ETF | 16.0% | -9 bp | -0.5% |
| VSS | Vanguard FTSE All-World ex-US Small-Cap ETF | 15.8% | -34 bp | -0.9% |
| DFEM | Dimensional Emerging Markets Core Equity 2 ETF | 15.6% | -4 bp | -0.1% |
| DFEV | Dimensional Emerging Markets Value ETF | 14.9% | +1 bp | +2.0% |
Risk and Returns: AVEE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/7/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.6%
ALTAR SCORE™
52nd
PERCENTILE
NEUTRAL
ETFRC RATING
There are 206 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.5% and a standard deviation
of 2.3%. AVEE's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places AVEE in the 52nd percentile
among funds in the category.
Sell-Side Consensus
$85.36
PRICE TARGET
+22.9%
UPSIDE