Singapore stocks tracked by AVDV post 42% YTD return

Average daily turnover (ADT) across the group surged to $52.9m in 2025 (as of 25 July).

Thirty Singapore-listed stocks tracked by the Avantis International Small Cap Value ETF (AVDV) are seeing a sharp rise in trading activity and returns this year.

Average daily turnover (ADT) across the group surged to $52.9m in 2025 (as of 25 July), up 80% from $29.3m in 2024. Twenty-two of the 30 counters saw increased ADT, whilst the basket delivered a 42% average and 25% median total return year-to-date.

Managed by American Century Investment, AVDV targets undervalued and profitable small-cap stocks in developed markets outside the US. The fund now holds 30 SGX-listed companies, with Yangzijiang Financial Holding (0.61% of the ETF) and First Resources (0.18%) as its top Singapore exposures.

Among the standouts: Yangzijiang Financial gained 138% year-to-date, Wee Hur Holdings rose 99%, and CNMC Goldmine delivered a 103% return. Energy names like Rex International, Geo Energy, and RH Petrogas also posted strong performances.

Notably, AVDV recently crossed the 5% ownership threshold in Rex International, making it a substantial shareholder. Rex now represents 0.09% of the ETF’s portfolio, with the ETF holding 69 million shares.

AVDV uses adjusted book-to-price and cash flow-to-book ratios to screen for value and profitability, alongside filters for liquidity, governance, and risk.