# AVGE ETF: fees, returns, drawdowns and holdings

> What AVGE holds, its 0.23% yearly fee, returns by year, its worst drop, and which Tactfolio strategies hold it. Updated daily.

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](https://tactfolio.com/about/editorial-policy). Fund facts checked October 16, 2026. Prices through October 16, 2026.

## Key points

- Expense ratio: 0.23% a year (about $23 on $10,000).
- Started trading on September 27, 2022.
- Worst drop since 2022: −17.1%.
- No Tactfolio classic strategies hold it.

## 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).

| Fact | AVGE |
| --- | --- |
| Full name | Avantis All Equity Markets ETF |
| Issuer | Avantis Investors (American Century) |
| Expense ratio | 0.23% a year |
| Started trading | September 27, 2022 |
| Tracks | No index (actively managed) |
| Type | Global stocks, ETF |
| Holdings | 14 holdings as of September 30, 2026 |
| Facts checked | October 16, 2026 on the [Avantis Investors (American Century) fund page](https://www.avantisinvestors.com/avantis-investments/en-us/avantis-all-equity-markets-etf/) |

## 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.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

## How has AVGE done since 2022?

From September 2022 to October 2026, AVGE returned about 20.3% a year. Say you put in $10,000 at the start. It would have been worth about $21,157 at the end, with every dividend reinvested.

| Measure | AVGE |
| --- | --- |
| Total return | 111.6% |
| Return per year (CAGR) | 20.3% |
| Worst drop from a high | −17.1% |
| Volatility (how much it swings) | 14.9% |
| Last 12 months | 21.6% |
| Last 3 years, per year | 21.0% |

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 year

| Year | AVGE return |
| --- | --- |
| 2026 (part of the year) | 16.1% |
| 2025 | 20.8% |
| 2024 | 14.0% |
| 2023 | 19.0% |
| 2022 (part of the year) | 11.2% |

## 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.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

## Which Tactfolio strategies hold AVGE?

No classic strategy holds AVGE yet. You can add it to your own rules in the [builder](https://tactfolio.com/builder) and see how they would have done.

## How does AVGE compare with similar ETFs?

Funds that can stand in for AVGE:

- [VT](https://tactfolio.com/etf/vt.md): Vanguard Total World Stock ETF, 0.06% a year
- [URTH](https://tactfolio.com/etf/urth.md): iShares MSCI World ETF, 0.24% a year
- [ACWI](https://tactfolio.com/etf/acwi.md): iShares MSCI ACWI ETF, 0.32% a year
- [VEU](https://tactfolio.com/etf/veu.md): Vanguard FTSE All-World ex-US ETF, 0.04% a year

See [all 8 AVGE alternatives](https://tactfolio.com/alternatives/avge.md), 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](https://tactfolio.com/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. 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.

Fund facts come from Avantis Investors (American Century). We checked them on October 16, 2026. Read [what a backtest simulates](https://tactfolio.com/docs/backtests.md) and [how to read drawdown and CAGR](https://tactfolio.com/docs/concepts/reading-a-backtest.md) for more on these measures.

## Research and test it

- [What is an ETF](https://tactfolio.com/learn/what-is-an-etf): An ETF is a fund that trades like a stock. Learn how ETFs work, what they cost, the main types, and the risks, with SEC sources.
- [Portfolio rebalancing](https://tactfolio.com/learn/portfolio-rebalancing): What portfolio rebalancing is, why a 60/40 mix drifts, calendar vs threshold methods, and how taxes and costs fit in.
- [ETF screener](https://tactfolio.com/screener.md): A free ETF screener for 162 US-listed funds. Filter by type, issuer and fee, sort by returns or worst drop, and compare funds side by side.
- [ETF expense ratio](https://tactfolio.com/learn/etf-expense-ratio): What an ETF expense ratio is, how the fund charges it, and how 0.03% vs 1% adds up over 10 and 30 years, with real fund examples.
- [Backtest a portfolio](https://tactfolio.com/trading-tools/backtest-portfolio): Backtest a portfolio of US stocks and ETFs. Enter tickers and shares, pick when to rebalance, and get the results with a link to share.
- [Backtesting](https://tactfolio.com/backtesting): Free backtesting software for stocks, ETFs, and crypto perps.

## 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.

### Which strategies use AVGE?

None of Tactfolio's classic strategies hold AVGE yet. You can test it in your own rules in the builder.

## Sources

- [Avantis Investors (American Century): Avantis All Equity Markets ETF fund page](https://www.avantisinvestors.com/avantis-investments/en-us/avantis-all-equity-markets-etf/)

> Not financial advice. Tactfolio is a research and automation tool. It is not a broker or a financial adviser. This page is for education only. Backtests are hypothetical. They show how rules would have done on past prices, not how they will do. All investing involves risk, including losing the money you put in.