Avantis Real Estate ETF (AVRE) Switches Benchmark from S&P to Bloomberg

Avantis Investors has announced an immediate benchmark change for the Avantis Real Estate ETF (AVRE), replacing the S&P Global REIT Index with the Bloomberg World REIT Large Mid & Small Cap Index. Effective November 10, 2026, the new benchmark will serve as the fund's reference index for performance comparisons, providing coverage of real estate investment trusts (REITs) across large-, mid-, and small-cap segments of global equity markets. The change reflects a shift in the fund's performance measurement framework rather than a stated modification to its investment strategy. The update was disclosed in a prospectus supplement, with all references to the previous S&P benchmark replaced by the Bloomberg index.