Avantis Emerging Markets Value ETF

Shareclass

Avantis Emerging Markets Value ETF (AVES)

Type

Exchange-traded fund

Manager

Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 1.5%. Assigned a grade of F.
How we track deforestation-risk investments

4.01%

INVESTED IN DEFORESTATION-RISK COMPANIES

AGRIBUSINESS

deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy

BANKS AND LENDERS

that finance deforestation-risk agribusiness producers via lending and underwriting

MAJOR CONSUMER BRANDS

that use deforestation-risk agribusiness commodities in products

holdings flagged

4.01%

of assets flagged

This fund contains

$31.37 MILLION invested

in holdings flagged for deforestation risk

Take action

Commodity producers

32 holdings

1.86% of assets

$14.52 MILLION invested

Banks and lenders

6 holdings

1.07% of assets

$8.33 MILLION invested

Major consumer brands

12 holdings

1.67% of assets

$13.05 MILLION invested

Commodity producers

32 HOLDINGS

Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.

32 HOLDINGS

% of portfolio
$ invested
1. Suzano SA ADR
0.28%0.28% of portfolio
$2.17M$2.17M invested
2. PT Astra International Tbk
0.23%0.23% of portfolio
$1.83M$1.83M invested
3. Ptt PCL Units Non-Voting Depository Receipt
0.22%0.22% of portfolio
$1.73M$1.73M invested
4. JBS NV BRDR
0.22%0.22% of portfolio
$1.73M$1.73M invested
5. Marfrig Global Foods SA
0.17%0.17% of portfolio
$1.32M$1.32M invested

View next 5

Banks and lenders

6 HOLDINGS

Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

6 HOLDINGS

% of portfolio
$ invested
1. Malayan Banking Bhd
0.32%0.32% of portfolio
$2.48M$2.48M invested
2. PT Bank Mandiri (Persero) Tbk
0.29%0.29% of portfolio
$2.29M$2.29M invested
3. CIMB Group Holdings Bhd
0.27%0.27% of portfolio
$2.14M$2.14M invested
4. Public Bank Bhd
0.15%0.15% of portfolio
$1.19M$1.19M invested
5. PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-
0.02%0.02% of portfolio
$186,837$186,837 invested

View next 1

Major consumer brands

12 HOLDINGS

Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

12 HOLDINGS

% of portfolio
$ invested
1. Uni-President Enterprises Corp
0.45%0.45% of portfolio
$3.48M$3.48M invested
2. Hengan International Group Co Ltd
0.22%0.22% of portfolio
$1.75M$1.75M invested
3. JBS NV BRDR
0.22%0.22% of portfolio
$1.73M$1.73M invested
4. Marfrig Global Foods SA
0.17%0.17% of portfolio
$1.32M$1.32M invested
5. Nine Dragons Paper (Holdings) Ltd
0.15%0.15% of portfolio
$1.21M$1.21M invested

View next 5

View more info

DATA AS OF 30 Aug 2025

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Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Avantis Emerging Markets Value ETF AVES

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

N/A

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on AVES at Morningstar.com

Current fund

AVES

Avantis Emerging Markets Value ETF

Family

Avantis Investors

Category

Diversified Emerging Mkts

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 8/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower 3-yr returns

-1.21% less in annualized returns

More invested in commodity producers

0.65% more invested

Less invested in banks and lenders

4.97% less invested

Less invested in major consumer brands

4.98% less invested

Current fund

AVES

Avantis Emerging Markets Value ETF

Family

Avantis Investors

Category

Diversified Emerging Mkts

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 8/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower 3-yr returns

-1.21% less in annualized returns

More invested in commodity producers

0.65% more invested

Less invested in banks and lenders

4.97% less invested

Less invested in major consumer brands

4.98% less invested

Current fund

AVES

Avantis Emerging Markets Value ETF

Family

Avantis Investors

Category

Diversified Emerging Mkts

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 8/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Lower 3-yr returns

-1.21% less in annualized returns

More invested in commodity producers

0.65% more invested

Less invested in banks and lenders

4.97% less invested

Less invested in major consumer brands

4.98% less invested

Month-end trailing returns

Performance as of date: 8/31/25

Morningstar suggested benchmark: MSCI ACWI Ex USA NR USD

Annualized returns

Deforestation analysis

1-yr

3-yr

5-yr

10-yr

This fund
AVES - Avantis Emerging Markets Value ETF

17%

14%

1.86%

Benchmark

15%

8.81%

7.21%

1.21%

Fund compared to benchmark

1.69%

-1.21%

0.65% higher

Find more financial data on AVES at Morningstar.com

Take Action

Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.

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Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.

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