AVUV is an actively managed ETF from Avantis Investors that uses a systematic, rules-based process to hold small-cap US companies with low valuations and high profitability. The profitability screen aims to avoid the cheapest but weakest companies that are common in standard small-cap value indexes. The portfolio holds hundreds of stocks with large weights in financials, industrials, energy and consumer companies. Small-cap value has been volatile and has had long stretches of underperformance relative to large-cap growth.
