AVUS: Active, Affordable, And Attractive Total Market ETF

Summary

• AVUS is an actively-managed total market ETF that benchmarks against the Russell 3000 Index. Its expense ratio is 0.15% and the ETF has $2.04 billion in assets under management.
• Managers make selections based on expected returns and a security's price-book ratio. The low-cost active approach is appealing, and AVUS has outperformed its benchmark by 10% since its inception.
• This track record was third-best in a peer group of 36 ETFs. However, I've identified another low-cost actively-managed fund with a similar track record and superior current fundamentals.
• Normally, I'd rate AVUS a buy, but because of this alternative, I remain neutral. I ask readers to consider all the alternatives presented in this article before buying.

marchmeena29

Investment Thesis

The Avantis U.S. Equity ETF (NYSEARCA:AVUS) is a low-cost, actively managed total market ETF catching on quickly. With $2 billion in net assets in just over three years, AVUS has outperformed its Russell 3000 benchmark by 8.74% since October 2019. After reviewing

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.