AELV vs REVS
Harbor AlphaEdge Large Cap Value ETF vs Columbia Research Enhanced Value ETF
Which is better, AELV or REVS?
REVS has been ahead.
REVS has a lower expense ratio. REVS led over 1Y and the full window. REVS is less concentrated, with 33.6% 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 | REVS |
|---|---|---|
| Expense Ratio | 0.25% | 0.19%Best |
| AUM | $3M | $370M |
| Dividend Yield | 1.38% | 1.84% |
| Holdings | 150 | 611 |
| YTD Return | +11.24% | +18.22%Best |
| 1Y Return | +18.09% | +23.33%Best |
| 3Y Return (annualized) | - | +20.60% |
| 5Y Return (annualized) | - | +12.45% |
| Volatility (annualized) | 10.7%Best | 11.8% |
| Max Drawdown | -16.6% | -16.4%Best |
| $10,000 over 2.1 years | $13,487 | $14,219Best |
| Top 10 Weight | 37.0% | 33.6%Best |
| Fund Family | Harbor Funds | Columbia Threadneedle Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 4, 2024 | Sep 25, 2019 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
AELV vs REVS 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 2.1 years both funds cover.
AELV vs REVS Performance
Harbor AlphaEdge Large Cap Value ETF (AELV) is an ETF from Harbor Funds and Columbia Research Enhanced Value ETF (REVS) is an ETF from Columbia Threadneedle Investments. Over the past year AELV returned +18.09% while REVS returned +23.33%. Year to date, AELV is up 11.24% versus a gain of 18.22% for REVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REVS has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 10.7% 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 -16.4% for REVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AELV charges 0.25% per year while REVS charges 0.19%. On a $10,000 position that is $25 vs $19 annually, a gap of $6 per year that compounds over a long holding period. On income, AELV currently yields 1.38% against 1.84% for REVS.
Holdings Overlap
60.5% of AELV's money is in holdings REVS also owns. 41.5% of REVS's money is in holdings AELV also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 75 positions we hold weights for in AELV and 298 in REVS, against full books of 150 and 611.
What only one of them owns
Our book lists 246 positions for REVS that do not appear in our book for AELV (56.4% of the fund), and 34 for AELV that do not appear in REVS (38.0%).
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 REVS | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.05% | 8.48% | 1.43% |
| MSFTMicrosoft Corp | 3.13% | 7.16% | 4.03% |
| BACBank of America Corp.: Financials | 3.63% | 3.84% | 0.21% |
| BMYBristol-Myers Squibb Co. | 3.21% | 1.72% | 1.49% |
| CCitigroup Inc. | 2.97% | 1.96% | 1.01% |
| BKBank Of New York Mellon Corp | 3.05% | 1.07% | 1.98% |
| CVXChevron Corp | 1.11% | 2.92% | 1.81% |
| GDGeneral Dynamics Corp. | 3.01% | 0.95% | 2.06% |
| ADBEAdobe Systems | 3.16% | 0.14% | 3.02% |
| SYFSynchrony Financial | 2.78% | 0.26% | 2.52% |
60.5% of AELV is already inside REVS.
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 REVS?
AELV has an expense ratio of 0.25% while REVS charges 0.19%. REVS is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, AELV or REVS?
Over the past year AELV returned +18.09% vs +23.33% for REVS, so REVS leads on 1-year performance. Over the longest common window we track (2 years), AELV annualized +15.31% vs +18.25% for REVS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AELV or REVS?
REVS has been the more volatile fund at 11.8% annualized versus 10.7% for AELV. Worst drawdown: AELV -16.6% vs REVS -16.4%.
Should I hold both AELV and REVS?
AELV and REVS have a monthly-return correlation of 0.89, 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 REVS?
60.5% of AELV's money is in holdings REVS also owns. 41.5% of REVS's is in holdings AELV also owns. They hold 38 positions in common, counted across the 75 positions we hold weights for in AELV and 298 in REVS.
Which pays a higher dividend, AELV or REVS?
AELV yields 1.38% while REVS yields 1.84%, so REVS currently pays the higher dividend yield.
Is REVS better than AELV?
REVS has a lower expense ratio. REVS led over 1Y and the full window. REVS is less concentrated, with 33.6% 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.