AVDV

The Avantis International Small Cap Value ETF (AVDV) is an exchange-traded fund designed to provide exposure to international small-cap stocks with value characteristics in developed markets outside the United States. The ETF is managed by Avantis Investors and trades under the ticker AVDV on NYSE Arca.

Classified as an equity ETF with exposure to developed markets outside the United States and a focus on small-cap value companies, AVDV follows an active strategy with a systematic factor-based approach.

AVDV does not track a publicly available benchmark index. The portfolio is constructed based on systematic rules defined by the manager, prioritizing smaller-cap companies with value characteristics in developed markets outside the United States.

The methodology includes periodic reviews and portfolio adjustments aligned with its internal selection criteria.

Composition and exposure profile

AVDV provides exposure to small-cap value companies across multiple regions and sectors in developed markets outside the United States, including:

• Industrial and manufacturing firms.
• Smaller financial institutions.
• Consumer and services companies.
• Technology and cyclical businesses.

The portfolio offers geographic diversification across Europe, Asia, and the Pacific region.

Structure and costs

AVDV shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. AVDV distributes dividends derived from its underlying holdings on a periodic basis.

History and evolution of the ETF

Avantis International Small Cap Value ETF was launched in 2019 to provide systematic exposure to international small-cap companies with value characteristics. Since inception, the fund has been used as a vehicle for international diversification with a focus on factor-based return drivers.

In recent years, AVDV has reflected rotations between investment styles, monetary policy cycles across developed markets, and volatility in global equity markets, while maintaining its systematic factor-based approach.

Additional Information

American Century ETF Trust - Avantis International Small Cap Value ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $18.67 B.

Over the past 12 months, American Century ETF Trust - Avantis International Small Cap Value ETF recorded a return of 61.06%, with its price trading between $69.16 and $110.09 during the same period.

The ETF is traded under the ticker AVDV.