AVGE — Avantis All Equity Markets ETF
Avantis (American Century) · Expense Ratio: 0.25% · Global/All-World · 6bp above the Global/All-World category average of 0.19%
Key Facts
| Ticker | AVGE |
| Full Name | Avantis All Equity Markets ETF |
| Provider | Avantis (American Century) |
| Expense Ratio | 0.25% |
| Category | Global/All-World |
| Assets Under Management | $1B |
| Inception Year | 2022 (4 years ago) |
| Number of Holdings | 11 |
| Dividend Yield | ~1.6% (moderate) |
| Top Holdings | AVUS, AVDE, AVEM, AVUV |
What Is AVGE?
AVGE, managed by Avantis (American Century), launched in 2022, is a smaller fund — check bid-ask spreads before making large trades in the Global/All-World category. Global all-world stock ETF providing exposure to both US and international markets. With $1B in assets under management, investors should verify current bid-ask spreads, especially for large orders.
AVGE in a FIRE Portfolio
Total world coverage at 0.25% — the ultimate single-fund core for FIRE investors who want geographic diversification without managing multiple holdings.
A core holding should make up 50-80% of your equity allocation in a FIRE portfolio. AVGE already includes both US and international stocks — you could hold this as your entire equity allocation, making it the simplest possible FIRE portfolio.
Cost Analysis: How AVGE's 0.25% Fee Affects Your FIRE Timeline
At 0.25%, AVGE is moderately priced. Annual cost on a $100K position: $250. Over 30 years, fees could consume approximately 1.5% of total returns. On a $1M FIRE portfolio, cumulative fees approach $25,000. Compare with lower-cost peers in Global/All-World: .
Dividend Income Potential
With a moderate dividend yield of approximately 1.6%, here's what AVGE could generate in annual income at different portfolio sizes:
| Portfolio Value | Annual Dividend Income | Monthly Income |
|---|---|---|
| $100,000 | $1,600/year | $133/month |
| $250,000 | $4,000/year | $333/month |
| $500,000 | $8,000/year | $667/month |
| $1,000,000 | $16,000/year | $1,333/month |
Frequently Asked Questions About AVGE
What is the expense ratio for AVGE?
AVGE has an expense ratio of 0.25%. This is moderately priced — on a $100K portfolio, annual fees are $250. 6bp above the global/all-world category average of 0.19%.
Is AVGE good for a FIRE portfolio?
Total world coverage at 0.25% — the ultimate single-fund core for FIRE investors who want geographic diversification without managing multiple holdings. Its 0.25% expense ratio is moderately priced for the Global/All-World category.
How does the 0.25% fee affect long-term returns?
At 0.25%, annual costs are $250/$100K. Over 30 years, this could reduce your final portfolio value by 1.5% or more. For a $1M FIRE portfolio, that's $15,000+ in lost compound growth.
Is AVGE liquid enough for my portfolio?
AVGE manages $1B in assets — a smaller fund — check bid-ask spreads before making large trades. For most individual FIRE investors making regular contributions, liquidity is sufficient. If you're investing large lump sums ($100K+), use limit orders to control your execution price.
Similar ETFs in Global/All-World
- VT — Vanguard Total World Stock ETF (0.07% · Core Holding)
- ACWI — iShares MSCI ACWI ETF (0.32% · Core Holding)
- SPGM — SPDR Portfolio MSCI Global Stock Market ETF (0.09% · Core Holding)
- URTH — iShares MSCI World ETF (0.24% · Core Holding)