AELV vs QUVU
Harbor AlphaEdge Large Cap Value ETF vs Hartford Quality Value ETF
Which is better, AELV or QUVU?
Each has led over a different period.
AELV has a lower expense ratio. AELV led over the full window, QUVU over 1Y. QUVU is less concentrated, with 25.8% 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 | QUVU |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.45% |
| AUM | $3M | $174M |
| Dividend Yield | 1.38% | 1.87% |
| Holdings | 150 | 72 |
| Volatility (annualized) | 11.2%Best | 12.3% |
| Max Drawdown | -16.6% | -13.1%Best |
| $10,000 over 1.6 years | $12,424Best | $11,659 |
| Top 10 Weight | 37.0% | 25.8%Best |
| Fund Family | Harbor Funds | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 4, 2024 | Oct 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 168 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AELV has data through Oct 14, 2026 and QUVU through Apr 29, 2026.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Sep 5, 2024 to Apr 29, 2026 (1.6 years).
Risk: Volatility and Drawdowns
QUVU has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.2% 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 -16.6% for AELV and -13.1% for QUVU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AELV charges 0.25% per year while QUVU charges 0.45%. On a $10,000 position that is $25 vs $45 annually, a gap of $20 per year that compounds over a long holding period. On income, AELV currently yields 1.38% against 1.87% for QUVU.
Holdings Overlap
23.8% of AELV's money is in holdings QUVU also owns. 26.6% of QUVU's money is in holdings AELV also owns.
QUVU and AELV share little of their money.
The two holdings books were reported 276 days apart, AELV as of Oct 3, 2026 and QUVU as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
16 positions in common, counted across the 75 positions we hold weights for in AELV and 70 in QUVU, against full books of 150 and 72.
What only one of them owns
Our book lists 49 positions for QUVU that do not appear in our book for AELV (66.2% of the fund), and 56 for AELV that do not appear in QUVU (74.7%).
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 QUVU | Difference |
|---|---|---|---|
| BACBank of America Corp.: Financials | 3.63% | 2.55% | 1.08% |
| GOOGLAlphabet Inc | 0.53% | 5.56% | 5.03% |
| VVisa Inc Class A | 2.86% | 1.64% | 1.22% |
| AMZNAmazon.Com Inc | 3.20% | 1.25% | 1.95% |
| MSFTMicrosoft Corp | 3.13% | 1.16% | 1.97% |
| GDGeneral Dynamics Corp. | 3.01% | 0.74% | 2.27% |
| CSCOCisco Systems Inc | 0.79% | 1.97% | 1.18% |
| DELLDell Technologies Inc | 1.31% | 1.40% | 0.09% |
| LMTLockheed Martin | 0.50% | 2.20% | 1.70% |
| MRKMerck & Company Inc | 0.58% | 2.03% | 1.45% |
26.6% of QUVU 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 QUVU?
AELV has an expense ratio of 0.25% while QUVU charges 0.45%. AELV is the cheaper option, by $20 a year on a $10,000 investment.
Which is riskier, AELV or QUVU?
QUVU has been the more volatile fund at 12.3% annualized versus 11.2% for AELV. Worst drawdown: AELV -16.6% vs QUVU -13.1%.
Should I hold both AELV and QUVU?
AELV and QUVU have a monthly-return correlation of 0.88, 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 QUVU?
26.6% of QUVU's money is in holdings AELV also owns. 26.6% of QUVU'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 70 in QUVU.
Which pays a higher dividend, AELV or QUVU?
AELV yields 1.38% while QUVU yields 1.87%, so QUVU currently pays the higher dividend yield.
Is QUVU better than AELV?
AELV has a lower expense ratio. AELV led over the full window, QUVU over 1Y. QUVU is less concentrated, with 25.8% 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.