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AVEM

Avantis Emerging Markets Equity ETF

Market Price
$62.06
as of 06/18/2024
1 Day Market Price
Change
Direction arrow up $0.51 (0.83%)
as of 06/18/2024
YTD Market Price
Total Return
7.02
as of 05/31/2024
NAV
$61.83
as of 06/18/2024
1 Day NAV Change
Direction arrow up $0.40 (0.66%)
as of 06/18/2024
YTD NAV
Total Return
6.82
as of 05/31/2024
Gross Expense Ratio
0.33%
as of 01/01/2024
Net Expense Ratio
0.33%
as of 01/01/2024

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the fund first traded on an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.

    Why AVEM?

    • Invests in a broad set of companies of all market capitalizations across emerging market countries and is designed to increase expected returns* by overweighting securities believed to be trading at lower valuations with higher profitability ratios**.

    • Pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures), but with the ability to add value by making investment decisions using information in current prices.

    • Efficient portfolio management and trading process that is designed to enhance returns and seeks to reduce unnecessary risks and costs.

    • Built to fit seamlessly into an investor's asset allocation.

    Fund Facts

    Ticker
    AVEM
    Objective
    Seeks long-term capital appreciation.
    Intraday Ticker
    AVEM.IV
    Inception Date
    09/17/2019
    # of Holdings
    3551
    as of 04/30/2024
    CUSIP
    025072604
    ISIN
    US0250726041
    SEDOL
    BKDZSJ6
    Exchange
    NYSE Arca
    Distribution Frequency
    Semi-Annual
    Total Assets
    $5,765,952,771.23
    as of 06/18/2024
    Shares Outstanding
    93,250,000.00
    as of 06/18/2024

    Performance

    To view month-end or historical performance, use the drop-down below.

    As of:
        05/31/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVEM (NAV)
    Info icon
    6.82%3.08%5.82%19.96%-1.59%- -- -6.37%
    AVEM (MARKET PRICE)
    Info icon
    7.02%3.28%6.27%20.03%-1.64%- -- -6.42%
    3.45%0.58%3.40%13.63%-5.17%4.36%2.96%- -
    Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the fund first traded on an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.

    Fees

    Gross Expense Ratio
    Info icon
    0.33%
    Net Expense Ratio
    Info icon
    0.33%

    Pricing

    Market Prices

    Info icon
    Current price as of 06/18/2024
    Market Price
    $62.06
    1 Day Market Price Change
    Direction arrow up $0.51 (0.83%)
    30 Day Median bid ask spread
    0.08%
    Day High Price
    $62.18
    Day Low Price
    $61.77
    Closing Price
    $62.08

    NAV

    Current price as of 06/18/2024
    NAV
    $61.83
    1 Day Nav Change
    Direction arrow up $0.40 (0.66%)

    52 Week Range

    Current price as of 06/18/2024
    52 Week High
    $62.50
    52 Week Low
    $50.65

    Trading

    Current price as of 06/18/2024
    Premium/Discount
    Info icon
    0.39%
    Details >

    Portfolio

    Sector Weightings

    Due to rounding, these values may not add to 100% | As of 05/31/2024
    Info icon
    Information Technology
    Information Technology

    21%

    Financials
    Financials

    19%

    Consumer Discretionary
    Consumer Discretionary

    14%

    Industrials
    Industrials

    11%

    Materials
    Materials

    9%

    Communication Services
    Communication Services

    6%

    Energy
    Energy

    6%

    Consumer Staples
    Consumer Staples

    4%

    Health Care
    Health Care

    4%

    Utilities
    Utilities

    3%

    Real Estate
    Real Estate

    2%

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 05/31/2024
    Info icon
    • China

      China

      24%

    • Taiwan

      Taiwan

      21%

    • India

      India

      20%

    • South Korea

      South Korea

      13%

    • Brazil

      Brazil

      5%

    • South Africa

      South Africa

      3%

    • Mexico

      Mexico

      3%

    • Thailand

      Thailand

      2%

    • Indonesia

      Indonesia

      2%

    • Malaysia

      Malaysia

      2%

    Top 10 Holdings

    Info icon

    As of 06/17/2024 View all Holdings

    COMPANY
    TICKER
    CUSIP
    ISIN
    SECTOR
    MARKET VALUE ($)
    WEIGHT
    TAIWAN SEMICONDUCTOR SP ADR ADR TSM 874039100 US8740391003 INFORMATION TECHNOLOGY 363,360,787.44 6.34%
    TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 700 BMMV2K903 KYG875721634 COMMUNICATION SERVICES 146,147,067.13 2.55%
    SAMSUNG ELECTR GDR REG S GDR SMSN 494281900 US7960508882 INFORMATION TECHNOLOGY 142,529,551.68 2.49%
    ALIBABA GROUP HOLDING SP ADR ADR USD.000025 BABA 01609W102 US01609W1027 CONSUMER DISCRETIONARY 82,265,775.90 1.44%
    SK HYNIX INC COMMON STOCK KRW5000.0 A000660 645026907 KR7000660001 INFORMATION TECHNOLOGY 70,638,507.40 1.23%
    PDD HOLDINGS INC ADR USD.00002 PDD 722304102 US7223041028 CONSUMER DISCRETIONARY 60,377,527.30 1.05%
    CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.0 939 B0LMTQ900 CNE1000002H1 FINANCIALS 56,332,461.85 0.98%
    HON HAI PRECISION INDUSTRY COMMON STOCK TWD10.0 2317 643856909 TW0002317005 INFORMATION TECHNOLOGY 56,233,620.35 0.98%
    RELIANCE INDS SPONS GDR 144A GDR RIGD B16CYP903 US7594701077 ENERGY 51,767,869.61 0.90%
    NETEASE INC ADR ADR USD.0001 NTES 64110W102 US64110W1027 COMMUNICATION SERVICES 39,116,566.93 0.68%

    International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.

    Derivatives may be more sensitive to changes in market conditions and may amplify risks.

    Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

    This fund is an actively managed Exchange Traded Fund (ETF) that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.

    For detailed descriptions of indices or investing terms referenced above, refer to our glossary.

    *Expected Returns: Valuation theory shows that the expected return of a stock is a function of its current price, its book equity (assets minus liabilities) and expected future profits, and that the expected return of a bond is a function of its current yield and its expected capital appreciation (depreciation). We use information in current market prices and company financials to identify differences in expected returns among securities, seeking to overweight securities with higher expected returns based on this current market information. Actual returns may be different than expected returns, and there is no guarantee that the strategy will be successful.

    **Profitability-to-Book: The profitability-to-book ratio is used to measure a company's profitability relative to its book value. A company's profitability is generally calculated by subtracting operating expenses from its gross profit. Book value is generally a firm's reported assets minus its liabilities on its balance sheet.

    Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

    Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

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    You should consider the fund's investment objectives, risks, and charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting Avantisinvestors.com or by calling 833-928-2684, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.

    American Century Investments is not responsible for and does not endorse any comments, content, advertising, products, advice, opinions, recommendations or other materials on or available directly or via hyperlinks from Facebook, Twitter or any third-party website. Facebook, Twitter and LinkedIn are registered trademarks of their respective owners.

    Mutual Funds: American Century Investment Services, Inc., Distributor.

    Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

    © 2024 American Century Proprietary Holdings, Inc. All rights reserved.