AVRE
Avantis Real Estate ETF
AVRE is an actively managed fund that provides broad exposure to real estate securities around the world.
Global
EQUITY
Active
MANAGEMENT STYLE
657.5 M
ASSETS UNDER MGMT
17 bp
EXPENSES
Fund Basics
| Fund sponsor | American Century Investments |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 28, 2021 |
| Assets (mns) | $657 |
| Expense ratio | 17 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| WELLTOWER, INC. | 6.1 % |
| PROLOGIS INC | 6.0 % |
| AMERICAN TOWER CORP-CL A | 5.4 % |
| EQUINIX INC | 4.5 % |
| GOODMAN GROUP | 3.3 % |
| SIMON PROPERTY GROUP INC | 3.3 % |
| REALTY INCOME CORP | 3.0 % |
| DIGITAL REALTY TRUST INC | 3.0 % |
| PUBLIC STORAGE | 2.8 % |
| CROWN CASTLE INTL CORP | 2.4 % |
Constituent Breakdown
| Number of holdings | 315 |
| Herfindahl-Hirschman Index | 220 |
| Wgt avg mkt cap (mns) | $38,363 |
| Large cap (>$10bn) | 69.6% |
| Mid cap ($2-10bn) | 21.0% |
| Small cap (<$2bn) | 6.1% |
| Developed mkts. | 95.3% |
| Emerging mkts. | 1.5% |
Country Exposure
 |
UNITED STATES | 70.9 % |
 |
AUSTRALIA | 7.6 % |
 |
JAPAN | 5.6 % |
 |
BRITAIN | 3.3 % |
 |
SINGAPORE | 2.7 % |
 |
FRANCE | 2.2 % |
 |
HONG KONG | 1.1 % |
 |
BELGIUM | 1.0 % |
 |
CANADA | 1.0 % |
Historical Performance
Standardized Performance (as of 09/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.1% | -5.6% | 8.8% | 4.5% | -- | -- | -- | -2.7% |
| Dividend Yield | 1.6% | 1.4% | 3.0% | 3.1% | -- | -- | -- | 2.7% |
| Total Returns | 7.7% | -4.3% | 11.8% | 7.6% | -- | -- | -- | 0.0% | Ann. Volatility | 16.0% | 16.0% | 15.9% | 16.9% | -- | -- | -- | 17.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 52% |
| MSCI EAFE | 0.79 | 54% |
| MSCI Emg Mkts | 0.64 | 40% |
Liquidity Measures
| Avg. volume (000) | 51 |
| ADV traded (mns) | $2 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.23% |
Technical Indicators
| Recent close | $43.95 |
| 30d moving avg. | $44.15 |
| Annualized volatility | 16.2% |
| Relative strength (RSI) | 45 |
| Short interest | 0.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| DFGR | Dimensional Global Real Estate ETF | 86.3% | +5 bp | +7.7% |
| REET | iShares Global REIT ETF | 79.5% | -3 bp | +7.7% |
| RWO | SPDR Dow Jones Global Real Estate ETF | 71.3% | +33 bp | +7.1% |
| DFAR | Dimensional US Real Estate ETF | 70.8% | +2 bp | +8.3% |
| ERET | iShares Environmentally Aware Real Estate ETF | 70.6% | +13 bp | +7.3% |
| VNQ | Vanguard Real Estate ETF | 70.5% | -4 bp | +7.6% |
| SCHH | Schwab U.S. REIT ETF | 70.4% | -10 bp | +8.3% |
| FREL | Fidelity MSCI Real Estate Index ETF | 69.7% | -9 bp | +7.7% |
| IYR | iShares U.S. Real Estate ETF | 66.2% | +23 bp | +7.6% |
| VGSR | Vert Global Sustainable Real Estate ETF | 62.6% | +30 bp | +7.6% |
Risk and Returns: AVRE 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 10/15/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
AVRE
7.3%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 369 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
3.2%. AVRE's ALTAR Score™ is approximately
1.0 standard deviations
above
the category average. This places AVRE in the 84th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
AVRESELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 128 |
| Avg. Expense Ratio | 70.9 bp |
| Std. Deviation | 30.5 bp |
| AVRE (17 bp) Percentile rank | 4 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| AVRE | 17.0 | 23.5 | 40.5 |
| Peer Avg. | 70.9 | 35.9 | 106.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .