AVSD Fees and Costs — Avantis Responsible International Equity ETF
Data updated: 2026-07-29
The net expense ratio is 0.23%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $6K in broker commissions, 0.0049% of average net assets, and portfolio turnover was 3%.
AVSD Fees and Expenses
Annual operating expenses and sales charges of AVSD. Prospectus, as of January 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.23% |
| Fee waiver | — |
| Net expense ratio | 0.23% |
| 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 |
AVSD Costs Over Time
On $10,000 invested in AVSD, assuming 5% a year before costs, total costs come to $149 over 5 years, cutting the return by 0.25% 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 0.23%) | $24 | $76 | $133 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $81 | $149 |
| Value after costs | $10,475 | $11,495 | $12,614 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
AVSD 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): 0.0049%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $18.6M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $3.9M
- Net income from securities lending: $48K (0.037% of average net assets)
AVSD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $3K | 41.51% |
| J.P. Morgan Securities | $1K | 19.00% |
| Jefferies LLC | $1K | 16.91% |
| Sanford C. Bernstein | $997 | 15.85% |
| Bank of America Merrill Lynch | $361 | 5.75% |
| UBS Warburg | $62 | 0.98% |
AVSD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $5.3M | 28.78% |
| Goldman Sachs | $4.6M | 25.25% |
| J.P. Morgan Securities | $3.4M | 18.51% |
| UBS Warburg | $3.3M | 18.19% |
| Morgan Stanley | $1.4M | 7.79% |
| Lawson Inc | $73K | 0.40% |
| Millicom Intl Cellular SDR | $54K | 0.29% |
| Infocom Corp | $53K | 0.29% |
| NWS Holdings Ltd | $49K | 0.27% |
| Uponor OYJ | $44K | 0.24% |
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.