AVUV Fees and Costs — Avantis U.S. Small 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 $388K in broker commissions, 0.0040% of average net assets, and portfolio turnover was 6%.
AVUV Fees and Expenses
Annual operating expenses and sales charges of AVUV. 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 |
AVUV Costs Over Time
On $10,000 invested in AVUV, assuming 5% a year before costs, total costs come to $161 over 5 years, cutting the return by 0.27% 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) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $88 | $161 |
| Value after costs | $10,473 | $11,488 | $12,602 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
AVUV 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): 0.0040%
- Total broker commissions: $388K
- Bought from dealers (principal trades, not a cost): $11.5M
- Portfolio turnover (prospectus): 6%
- Securities on loan, average value: $37.9M
- Net income from securities lending: $202K (0.002% of average net assets)
AVUV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $113K | 29.27% |
| Sanford C. Bernstein | $103K | 26.69% |
| J.P. Morgan Securities | $98K | 25.17% |
| Bank of America Merrill Lynch | $68K | 17.45% |
| Citadel Securities CSHC US LLC | $5K | 1.24% |
| Morgan Stanley | $358 | 0.09% |
| UBS Warburg | $158 | 0.04% |
| Barclays Capital | $120 | 0.03% |
| Evercore ISI Investment Group | $44 | 0.01% |
AVUV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Overseas Shipholding Group A | $11.5M | 100.00% |
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.