Avantis All Equity Markets ETF (AVGE)
$98.71−0.58%close of Oct 16, 2026
Avantis All Equity Markets ETF (AVGE) is an exchange-traded fund (ETF) run by Avantis Investors (American Century). This fund owns other Avantis stock funds, which together hold shares of companies in the United States and around the world. It charges 0.23% a year. From September 2022 to October 2026 it returned about 20.3% a year, and its worst drop was −17.1%.
Written by the Tactfolio research team. Fund facts checked October 16, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.23%
- about $23 on $10,000
- 1-year return
- 21.6%
- to Oct 16, 2026
- Return per year
- 20.3%
- since September 2022
- Worst drop
- −17.1%
- since 2022
- Below its high
- −3.4%
- now
- Volatility
- 14.9%
- yearly swings
- Issuer
- Avantis Investors (American Century)
- Tracks
- No index (actively managed)
- Started trading
- September 27, 2022
- Type
- Global stocks, ETF
- Holdings
- 14 holdings as of September 30, 2026
- Expense ratio
- 0.23% a year
How has AVGE done since 2022?#
From September 2022 to October 2026, AVGE returned about 20.3% a year. The S&P 500 returned about 21.7% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $21,157 at the end, with every dividend reinvested.
| Period | AVGE | S&P 500 (SPY) |
|---|---|---|
| 1 month | −0.1% | 1.5% |
| 3 months | 0.1% | 1.9% |
| 6 months | 6.2% | 9.3% |
| Year to date | 16.1% | 12.8% |
| 1 year | 21.6% | 16.8% |
| 3 years per year | 21.0% | 22.0% |
| Since 2022 per year | 20.3% | 21.7% |
Periods longer than a year show the return per year (CAGR). Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
AVGE returns by month and year#
AVGE rose in 31 of its 50 months (62%). Its best month was October 2022, at 8.9%. Its worst was March 2026, at −5.4%.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 16.1% | 5.1 | 3.3 | −5.4 | 8.6 | 3.6 | 0.6 | −0.3 | 2.3 | −2.4 | 0.4 | ||
| 2025 | 20.8% | 3.2 | −1.2 | −3.5 | −0.9 | 5.9 | 4.7 | 1.3 | 3.7 | 2.4 | 1.0 | 1.4 | 1.5 |
| 2024 | 14.0% | −0.8 | 4.4 | 4.1 | −4.0 | 4.5 | −0.1 | 3.4 | 1.1 | 2.0 | −1.7 | 5.4 | −4.5 |
| 2023 | 19.0% | 7.8 | −3.0 | −0.3 | 0.5 | −2.6 | 7.1 | 4.9 | −3.0 | −3.6 | −3.6 | 8.3 | 6.5 |
| 2022 | 11.2% | −0.7 | 8.9 | 7.7 | −4.5 |
Each month runs from the last close of the month before. The first month counts from the first close.
How risky is AVGE compared with the S&P 500?#
Measured from September 2022 to October 2026, on the days both traded.
- Beta 0.88. When the S&P 500 moved 1% in a day, AVGE tended to move about 0.88%.
- Correlation 0.93. AVGE mostly moved with the S&P 500.
- Up and down months. In months the S&P 500 rose, AVGE rose 95% as much on average. In months it fell, AVGE fell 94% as much.
| Measure | AVGE | S&P 500 (SPY) |
|---|---|---|
| Return per year | 20.3% | 21.7% |
| Volatility | 14.9% | 15.7% |
| Worst drop | −17.1% | −18.8% |
| Sharpe ratio | 1.32 | 1.34 |
| Sortino ratio | 2.00 | 2.05 |
| Calmar ratio | 1.19 | 1.16 |
Volatility is how much the price swings in a year. The Sharpe ratio is return per unit of volatility, the Sortino ratio counts only the falls, and the Calmar ratio is the return per year over the worst drop. Higher ratios mean more return for the risk taken.
Is AVGE above its 200-day average?#
AVGE closed 3.8% above its 200-day average on October 16, 2026. A rule that holds AVGE only above that average would hold it today.
- vs 200-day average
- +3.8%
- above it
- 50-day vs 200-day
- +5.4%
- trend rising
- vs 52-week high
- −3.4%
- high of $102.13
A moving average is the average close over the last so many days. Trend rules such as the 10-month moving average strategy hold a fund only while it is above one. You can build that rule for AVGE and backtest it in a minute.
What was AVGE’s worst drop?#
A drawdown is how far a fund falls from its last high point. AVGE’s worst fall was −17.1%, from February 18, 2025 to April 8, 2025. It got back to that high on June 6, 2025. On October 16, 2026 it was 3.4% below its highest close.
| Drop | From the high | To the bottom | Back to the high |
|---|---|---|---|
| −17.1% | Feb 18, 2025 | Apr 8, 20252 months | Jun 6, 20252 months |
| −11.1% | Jul 31, 2023 | Oct 27, 20233 months | Dec 13, 20232 months |
| −9.7% | Feb 2, 2023 | Mar 17, 202343 days | Jul 11, 20234 months |
| −8.6% | Feb 25, 2026 | Mar 30, 202633 days | Apr 16, 202617 days |
| −8.3% | Jul 16, 2024 | Aug 5, 202420 days | Sep 19, 20241 months |
Big drops are normal for some funds. They matter because selling during a drop locks in the loss.
What does AVGE hold?#
This fund owns other Avantis stock funds, which together hold shares of companies in the United States and around the world. It is actively managed, which means its managers choose the mix instead of copying an index. The fund’s results depend on the funds it holds and on how the managers weight them.
It does not track an index. Its managers choose what it holds. It had 14 holdings as of September 30, 2026, according to Avantis Investors (American Century).
What is the AVGE expense ratio?#
AVGE charges 0.23% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.23% fee comes to about $23 a year. Of the 162 ETFs on Tactfolio, 31% charge more.
You never get a bill for it. The fund takes the fee out of its own value a little each day.
Which Tactfolio strategies hold AVGE?#
No classic strategy holds AVGE yet. You can add it to your own rules in the builder and see how they would have done.
How does AVGE compare with similar ETFs?#
Funds that can stand in for AVGE:
- VT: Vanguard Total World Stock ETF, 0.06% a year
- URTH: iShares MSCI World ETF, 0.24% a year
- ACWI: iShares MSCI ACWI ETF, 0.32% a year
- VEU: Vanguard FTSE All-World ex-US ETF, 0.04% a year
See all 8 AVGE alternatives, compared on the same dates as AVGE.
Test AVGE in your own rules#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add AVGE, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.
The details#
Prices come from Tactfolio’s stored daily prices for AVGE and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.
Fund facts come from Avantis Investors (American Century). We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.
Common questions#
What is the expense ratio of AVGE?#
AVGE charges 0.23% a year, according to Avantis Investors (American Century) as of October 16, 2026. That is about $23 a year for every $10,000 you hold.
When did AVGE start trading?#
AVGE started trading on September 27, 2022. It is run by Avantis Investors (American Century).
What does AVGE track?#
AVGE does not track an index. Its managers choose what it holds.
How much has AVGE returned per year?#
From September 2022 to October 2026, AVGE returned about 20.3% a year with dividends reinvested. Its worst drop was −17.1%. Past returns do not tell you what it will do next.
Is AVGE above its 200-day moving average?#
On October 16, 2026, AVGE closed 3.8% above its 200-day moving average. This page updates after each US market close.
Which strategies use AVGE?#
None of Tactfolio’s classic strategies hold AVGE yet. You can test it in your own rules in the builder.