Avantis U.S. Equity ETF

American Century ETF Trust · Series S000066458 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:AVUS
$13.31B NAV
1,879 positions · as of 2026-05-31 · filed 2026-07-29
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2025 Q4

The fund seeks long-term capital appreciation.

Strategy · summarised

The fund is an actively managed U.S. equity fund that selects small-cap and mid-cap companies exhibiting higher profitability and value characteristics, as measured by adjusted book-to-price ratios and cash-flow-to-book ratios, while underweighting or excluding larger companies with lower profitability and less attractive valuations. Security weights are set using market capitalization as a baseline, then adjusted based on the fund's assessment of each holding's capitalization, profitability, value, and past performance. Because the fund's returns depend on the portfolio managers' ongoing analysis and selection decisions, performance will diverge from broad market indices.

Expenses
0.15%one share class
Share classExpense ratio
AVUS0.15%

Portfolio turnover 2.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.95%
of net assets
Stocks99.85%
Cash & short-term0.10%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 53 new107 exited

Largest new: CCL, PIPR, FERG, DHT Holdings Inc, VSNT, VGNT, HROW, VISN

Largest exited: Carnival Corp, Coterra Energy Inc, Air Lease Corp, BDX, Liberty Media Corp-Liberty Formula One, Hologic Inc, SUNC, Tri Pointe Homes Inc

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+36.12%
3-year
+78.29%
5-year
+80.27%
Volatility
12.01%
Worst 3-yr fall
-10.19%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CorpNVDA5.48%$729.25M
Apple IncAAPL5.36%$713.58M
Microsoft CorpMSFT3.84%$511.50M
Amazon.com IncAMZN3.67%$488.95M
Alphabet IncGOOGL2.41%$321.07M
Micron Technology IncMU2.40%$318.95M
Meta Platforms IncMETA2.21%$293.70M
Alphabet IncGOOG1.94%$258.36M
JPMorgan Chase & CoJPM1.20%$159.87M
Broadcom IncAVGO1.18%$157.26M
Showing 10 of 1,879Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 29.70% of net assets, top 25 40.61%, across 1.9K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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