(AVDV) Avantis International Small - Overview

Avantis® International Small Cap Value ETF (AVDV) targets non-U.S. small-cap value equities, allocating at least 80% of assets to companies with market capitalizations under $2 billion across diverse sectors, industries, and countries.

As of February 2026, the fund holds roughly $1.2 billion in assets under management, with an expense ratio of 0.35%, and its top five holdings are concentrated in European consumer staples, Asian industrials, and Latin American financials, reflecting a broad geographic tilt.

Recent performance shows a 12-month total return of +7.4%, outpacing the MSCI World Small-Cap Value Index’s +5.9% during the same period, driven in part by a rebound in European small-cap manufacturing output and a modest easing of emerging-market currency volatility.

Key economic drivers for AVDV include global GDP growth forecasts of 2.3% for 2026, continued supply-chain normalization in Asia, and a favorable interest-rate environment that supports value-oriented small caps.

Investors should note the fund’s use of derivatives-futures, currency forwards, and swaps-to manage exposure and hedge currency risk, which can add both flexibility and complexity to performance.

For a deeper dive into how ValueRay’s analytics evaluate this ETF’s risk-adjusted returns, you might want to explore its latest report.

• Global economic growth impacts international small cap company performance
• Currency fluctuations affect non-U.S. asset values
• Interest rate changes influence small cap valuation multiples
• Regulatory shifts in foreign markets create investment risk