AELV vs MFSV
Harbor AlphaEdge Large Cap Value ETF vs MFS Active Value ETF
Which is better, AELV or MFSV?
AELV has been ahead.
AELV has a lower expense ratio. AELV led over 1Y and the full window. MFSV is less concentrated, with 32.9% of the fund in its ten largest positions against 37.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AELV | MFSV |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.44% |
| AUM | $3M | $618M |
| Dividend Yield | 1.38% | 1.41% |
| Holdings | 150 | 64 |
| YTD Return | +11.24%Best | +9.21% |
| 1Y Return | +18.09%Best | +12.64% |
| Volatility (annualized) | 8.5%Best | 9.6% |
| Max Drawdown | -15.8% | -12.7%Best |
| $10,000 over 1.9 years | $12,407Best | $11,981 |
| Top 10 Weight | 37.0% | 32.9%Best |
| Fund Family | Harbor Funds | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 4, 2024 | Dec 5, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
AELV vs MFSV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
AELV vs MFSV Performance
Harbor AlphaEdge Large Cap Value ETF (AELV) is an ETF from Harbor Funds and MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management. Over the past year AELV returned +18.09% while MFSV returned +12.64%. Year to date, AELV is up 11.24% versus a gain of 9.21% for MFSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MFSV has been the more volatile fund, with annualized monthly volatility of 9.6% compared with 8.5% for AELV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.8% for AELV and -12.7% for MFSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AELV charges 0.25% per year while MFSV charges 0.44%. On a $10,000 position that is $25 vs $44 annually, a gap of $19 per year that compounds over a long holding period. On income, AELV currently yields 1.38% against 1.41% for MFSV.
Holdings Overlap
31.4% of AELV's money is in holdings MFSV also owns. 39.7% of MFSV's money is in holdings AELV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 75 positions we hold weights for in AELV and 60 in MFSV, against full books of 150 and 64.
What only one of them owns
Our book lists 43 positions for MFSV that do not appear in our book for AELV (57.0% of the fund), and 56 for AELV that do not appear in MFSV (67.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AELV | Weight in MFSV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.05% | 3.09% | 3.96% |
| AMZNAmazon.Com Inc | 3.20% | 5.28% | 2.08% |
| MSFTMicrosoft Corp | 3.13% | 5.35% | 2.22% |
| JNJJohnson & Johnson - Common | 4.56% | 1.66% | 2.90% |
| BACBank Of America Corp | 3.63% | 2.25% | 1.38% |
| JPMJpmorgan Chase | 0.55% | 4.50% | 3.95% |
| GDGeneral Dynamics Corp. | 3.01% | 1.58% | 1.43% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 0.74% | 3.04% | 2.30% |
| CVXChevron Corp | 1.11% | 2.29% | 1.18% |
| UNPUnion Pacific Corp | 1.30% | 1.80% | 0.50% |
39.7% of MFSV is already inside AELV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AELV or MFSV?
AELV has an expense ratio of 0.25% while MFSV charges 0.44%. AELV is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, AELV or MFSV?
Over the past year AELV returned +18.09% vs +12.64% for MFSV, so AELV leads on 1-year performance. Over the longest common window we track (2 years), AELV annualized +12.02% vs +9.98% for MFSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AELV or MFSV?
MFSV has been the more volatile fund at 9.6% annualized versus 8.5% for AELV. Worst drawdown: AELV -15.8% vs MFSV -12.7%.
Should I hold both AELV and MFSV?
AELV and MFSV have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AELV and MFSV?
39.7% of MFSV's money is in holdings AELV also owns. 39.7% of MFSV's is in holdings AELV also owns. They hold 16 positions in common, counted across the 75 positions we hold weights for in AELV and 60 in MFSV.
Which pays a higher dividend, AELV or MFSV?
AELV yields 1.38% while MFSV yields 1.41%, so MFSV currently pays the higher dividend yield.
Is MFSV better than AELV?
AELV has a lower expense ratio. AELV led over 1Y and the full window. MFSV is less concentrated, with 32.9% of the fund in its ten largest positions against 37.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.