(AVDE) Avantis International - Ratings and Ratios

The Avantis International Equity ETF (NYSE ARCA: AVDE) is designed to provide exposure to a broad range of non-U.S. companies, diversifying across countries, market sectors, and industry groups. The fund operates with a flexible investment approach, targeting companies of all market capitalizations, from small-cap to large-cap firms. Under normal market conditions, the ETF allocates at least 80% of its net assets to equity securities, ensuring a strong emphasis on stock investments. Additionally, the fund employs derivative instruments such as futures contracts, currency forwards, and swap agreements to manage risk, enhance returns, or gain market exposure efficiently. This strategy allows the fund to navigate global market dynamics while maintaining a diversified portfolio.

Based on the provided data, the funds technical indicators suggest moderate strength. The last price of $68.30 is above its 20-day SMA of $65.02 and 50-day SMA of $66.08, indicating recent upward momentum. However, the 200-day SMA of $64.02 reflects longer-term stability. The ATR of 1.34 signals moderate volatility. Fundamentally, the AUM of $6.005 billion underscores the funds scale and investor confidence. Over the next three months, expect the fund to maintain its current trajectory, with potential upside driven by its diversified exposure to international markets. The SMA trends and moderate ATR suggest a stable to slightly bullish outlook.