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
$ 134.4 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 | 0.6 % |
| MACRONIX INTERNATIONAL | 0.5 % |
| TAIWAN UNION TECHNOLOGY CORP | 0.4 % |
| WIN SEMICONDUCTORS CORP | 0.4 % |
| HYOSUNG HEAVY INDUSTRIES COR COMMON STOC | 0.4 % |
| KINSUS INTERCONNECT TECH | 0.4 % |
| MPI CORP COMMON STOCK TWD10.0 | 0.4 % |
| SIGURD MICROELECTRONICS CORP | 0.4 % |
| HOLYSTONE ENTERPRISE CO LTD | 0.4 % |
| CO TECH DEVELOPMENT CORP COMMON STOCK TW | 0.4 % |
Constituent Breakdown
| Number of holdings | 2973 |
| Herfindahl-Hirschman Index | 14 |
| Wgt avg mkt cap (mns) | $1,965 |
| 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 | 22.6 % |
 |
SOUTH KOREA | 14.4 % |
 |
CHINA | 8.6 % |
 |
INDIA | 6.8 % |
 |
BRAZIL | 4.1 % |
 |
SOUTH AFRICA | 3.9 % |
 |
HONG KONG | 3.8 % |
 |
SAUDI ARABIA | 1.7 % |
 |
MEXICO | 1.6 % |
 |
THAILAND | 1.3 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.9% | 7.0% | 8.0% | -- | -- | -- | -- | 11.5% |
| Dividend Yield | 1.6% | 3.4% | 3.3% | -- | -- | -- | -- | 2.8% |
| Total Returns | 11.5% | 10.3% | 11.3% | -- | -- | -- | -- | 14.4% | Ann. Volatility | 21.7% | 19.9% | 18.3% | -- | -- | -- | -- | 17.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 59% |
| MSCI EAFE | 0.99 | 63% |
| MSCI Emg Mkts | 0.72 | 84% |
Liquidity Measures
| Avg. volume (000) | 12 |
| ADV traded (mns) | $1 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $67.06 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.30/-0.22 |
| Bollinger Bands (Upper/Lower) | $69.77/$62.29 |
| Short interest (% of AUM) | 2.8% |
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 | 45.8% | +28 bp | -1.6% |
| DGS | WisdomTree Emerging Markets SmallCap Dividend Fund | 28.8% | +16 bp | +0.6% |
| EWX | SPDR S&P Emerging Markets Small Cap ETF | 24.4% | +23 bp | -0.3% |
| AVES | Avantis Emerging Markets Value ETF | 22.8% | -6 bp | +1.7% |
| TLTE | FlexShares Morningstar Emerging Markets Factor Tilt Index | 18.0% | +17 bp | +1.8% |
| DEXC | Dimensional Emerging Markets ex China Core EquityETF | 16.5% | +11 bp | -1.2% |
| VSS | Vanguard FTSE All-World ex-US Small-Cap ETF | 16.3% | -34 bp | -1.4% |
| DFEM | Dimensional Emerging Markets Core Equity 2 ETF | 15.4% | -4 bp | +0.1% |
| DFEV | Dimensional Emerging Markets Value ETF | 15.0% | +1 bp | +1.3% |
| AVXC | Avantis Emerging Markets Ex-China Equity ETF | 14.9% | -9 bp | 0.0% |
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 10/16/2026
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
8.2%
ALTAR SCORE™
53rd
PERCENTILE
NEUTRAL
ETFRC RATING
There are 214 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.0% and a standard deviation
of 2.2%. AVEE's ALTAR Score™ is approximately 0.1 standard
deviations above the category average. This places AVEE in the 53rd percentile
among funds in the category.
Sell-Side Consensus
$90.63
PRICE TARGET
+35.3%
UPSIDE