AVUS - AVUS: Actively Managed Low-Cost ETF Designed For Value Investors
2024-05-16 09:30:00 ET
Summary
- AVUS is an actively managed total market fund with a low 0.15% expense ratio. Diversification is excellent, and it's an efficient way for investors to lessen exposure to Magnificent Seven stocks.
- AVUS trades at a three-point discount to VTI, a passively managed alternative. The offset is lower growth, but that strategy should work well if growth stocks fall out of favor.
- However, my analysis reveals AVUS's selections have lower profitability margins across the board, a finding that runs counter to the claims on its Fact Sheet.
- AVUS did well in 2022 when markets favored value stocks, but in a flight to quality, I see it lagging. Low quality is why I'm not interested, and as such, I have assigned AVUS a "hold" rating.