AVIV Fees and Costs — Avantis International Large Cap Value ETF
Data updated: 2026-07-29
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $66K in broker commissions, 0.0204% of average net assets, and portfolio turnover was 11%.
AVIV Fees and Expenses
Annual operating expenses and sales charges of AVIV. Prospectus, as of January 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
AVIV Costs Over Time
On $10,000 invested in AVIV, assuming 5% a year before costs, total costs come to $172 over 5 years, cutting the return by 0.28% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $28 | $94 | $172 |
| Value after costs | $10,472 | $11,483 | $12,591 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
AVIV 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): 0.0204%
- Total broker commissions: $66K
- Bought from dealers (principal trades, not a cost): $153.7M
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $16.0M
- Net income from securities lending: $124K (0.038% of average net assets)
AVIV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $41K | 61.80% |
| Sanford C. Bernstein | $9K | 14.07% |
| Jefferies LLC | $7K | 9.89% |
| J.P. Morgan Securities | $5K | 7.73% |
| Bank of America Merrill Lynch | $4K | 6.51% |
AVIV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $51.9M | 33.79% |
| Goldman Sachs | $46.6M | 30.34% |
| J.P. Morgan Securities | $27.5M | 17.88% |
| UBS Warburg | $16.6M | 10.80% |
| Morgan Stanley | $9.6M | 6.27% |
| Citigroup Capital Markets Inc | $933K | 0.61% |
| Lawson Inc | $326K | 0.21% |
| Euronav NV | $78K | 0.05% |
| NWS Holdings LTD | $57K | 0.04% |
| Imperial Oil Ltd | $21K | 0.01% |
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.