AVDV Fees and Costs — Avantis International Small Cap Value ETF
Data updated: 2026-07-29
The net expense ratio is 0.36%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $397K in broker commissions, 0.0077% of average net assets, and portfolio turnover was 4%.
AVDV Fees and Expenses
Annual operating expenses and sales charges of AVDV. Prospectus, as of January 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.36% |
| Fee waiver | — |
| Net expense ratio | 0.36% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AVDV Costs Over Time
On $10,000 invested in AVDV, assuming 5% a year before costs, total costs come to $233 over 5 years, cutting the return by 0.39% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $127 | $233 |
| Value after costs | $10,461 | $11,449 | $12,530 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
AVDV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0077%
- Total broker commissions: $397K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $160.5M
- Net income from securities lending: $3.0M (0.059% of average net assets)
AVDV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $188K | 47.46% |
| Jefferies LLC | $107K | 26.98% |
| Sanford C. Bernstein | $83K | 20.97% |
| J.P. Morgan Securities | $9K | 2.33% |
| Bank of America Merrill Lynch | $9K | 2.23% |
| UBS Warburg | $135 | 0.03% |
AVDV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $381.3M | 34.14% |
| Bank of America Merrill Lynch | $236.7M | 21.19% |
| J.P. Morgan Securities | $226.5M | 20.28% |
| UBS Warburg | $139.4M | 12.48% |
| Morgan Stanley | $90.4M | 8.09% |
| Citigroup Capital Markets Inc | $15.0M | 1.34% |
| Saras SPA | $13.9M | 1.24% |
| Uponor OYJ | $7.2M | 0.65% |
| Macquarie Securities | $4.9M | 0.43% |
| Barrenjoey Advisory Pty Ltd | $1.7M | 0.15% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.