Is AVNG a good ETF?
AVNG is the Avantis Global Equity Active ETF from Avantis. It tracks the MSCI World Index. We classify it under Intl and Factor. With about $21 million in assets it is a relatively small fund (worth checking spreads and liquidity before buying). Listed on the ASX since 2024-09-25 (about 2 years ago).
On a total-return basis, AVNG has delivered 13.14% a year over 1 year (ranked 72nd of 318 ETFs we track). Its strongest showing is over 1 year, where it sits in the top 23% of all ETFs we track.
The management fee of 0.3% is reasonable. That's cheaper than the typical 0.49% for similar ETFs. If cost is your priority, BGBL (0.08%) and VGS (0.18%) cover similar ground for less. It pays a low 0% yield, so most of its return must come from capital growth.
Portfolio turnover is moderate at about 30% a year — a fair chunk of the portfolio is bought and sold each year, so expect a little more in the way of realised capital gains and trading costs than a plain index fund.
Strengths
- Top-23% returns over 1 year (72nd of 318 ETFs we track).
- Low-cost: a 0.3% management fee keeps more of the return in your pocket.
Things to watch
- Cheaper alternatives exist: BGBL and VGS.
Good to know
- Low 0% yield — this is a growth-oriented fund, not an income play.
What AVNG's categories mean for you
How each category this ETF belongs to tends to behave across market cycles.
Global and international shares from outside Australia — broadening you into thousands of companies and the sectors (tech, healthcare) the local market lacks.
- Market regime
- Essential diversification away from the bank-and-resources-heavy ASX. Unhedged versions carry currency risk; hedged versions remove it at a small cost.
- In a portfolio
- A core holding for almost every long-term Australian portfolio.
Tilts toward academically-backed drivers of return — value, quality, momentum, size or low volatility — aiming to beat plain market-cap weighting over a full cycle.
- Market regime
- Any single factor can underperform the broad market for years before rewarding patient holders. Multi-factor funds smooth this out somewhat.
- In a portfolio
- A long-term tilt that demands discipline: the edge only shows up if you hold through the inevitable lean stretches.
General information only, generated from the fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.