Summary
AVSC Chart
Navigating the Small-Cap ETF Disconnect
There has been a visible disparity between the performance of U.S. small-caps and U.S. large-caps so far this year. What hasn't been too visible is a lot of investor interest in the action.
Small-Cap ETFs Rally in July: Will the Momentum Continue?
Small-cap ETFs like AVSC, XSVM, BBSC, SVAL and EES are soaring in July, fueled by rate cut hopes, deep discounts and sector rebounds.
AVSC: Avantis Investors' Small Cap ETF Is Solid But Too Diversified
AVSC offers exposure to 1000+ small-cap stocks with attractive value and profitability characteristics. Its expense ratio is 0.25% and the ETF has $1.27 billion in assets under management. Exposure to the size factor is high, and AVSC's $1.44 billion weighted average market cap is one of the lowest among any U.S. Equity ETF trading today. Unfortunately, AVSC fails to deliver on its quality objective, mainly due to extreme diversification at the company level. Over 20% of the fund's holdings by weight are unprofitable.
Avantis U.S. Small Cap Equity ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 440 | $25,398.51 | $32,104.6 | $6,706.09 | 26.4% |
| SFH Sean F. Hanna Cambridge Associates LLC /MA/ /ADV | 922,735 | $52.51M | $67.39M | $14.88M | 28.34% |
| RR rosemary richard WCG Wealth Advisors LLC | 77,289 | $4.82M | $5.62M | $799,941.15 | 16.61% |
| YA Yinka Akinsola Blue Trust Inc. | 426 | $24,480.88 | $30,961.68 | $6,480.8 | 26.47% |
 Jeffery Yorg Focus Partners Advisor Solutions LLC | 165,009 | $9.59M | $12M | $2.42M | 25.24% |
Avantis U.S. Small Cap Equity ETF (AVSC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Avantis U.S. Small Cap Equity ETF ever had a stock split?
Avantis U.S. Small Cap Equity ETF Profile
| ARCA Exchange | US Country |
Overview
The outlined company is an investment entity that primarily focuses on small capitalization companies within the United States. By allocating at least 80% of its assets in equity securities of these companies, the fund aims to provide its investors exposure to the potential growth and dynamic nature of small-cap markets. Unlike traditional exchange-traded funds (ETFs) that might aim to mirror the performance of a specified index, this fund distinguishes itself through active management. This approach relies on continuous analysis of market and financial data by the portfolio managers to make informed decisions on buying, selling, and holding specific securities. This strategy allows for a more adaptable and potentially more reactive investment approach, potentially catering to investors seeking active management in the small-cap space.
Products and Services
- Equity Securities Investments
The fund primarily invests in equity securities, offering investors exposure to small capitalization companies in the U.S. This focus on small-cap equities is central to the fund's investment strategy, aiming to capitalize on the growth potential and market dynamics specific to smaller companies.
- Securities Lending
In addition to its core investment approach, the fund may engage in securities lending. This practice involves lending out securities to other parties in exchange for collateral, which provides an additional source of revenue for the fund. This collateral is then invested in eligible securities, such as a government money market fund, potentially increasing the fund's income and diversification.
- Actively Managed ETF
As an actively managed exchange-traded fund, the fund offers a distinct alternative to passively managed ETFs that track specific indexes. The active management strategy enables the portfolio managers to make timely investment decisions based on extensive market and financial analysis. This approach seeks to provide investors with the agility to react to market conditions and the potential for enhanced returns over what might be achieved through a passive investment strategy.
