APCB vs AVIG
ActivePassive Core Bond ETF vs Avantis Core Fixed Income ETF
Which is better, APCB or AVIG?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. APCB led over 1Y, AVIG over 3Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | APCB | AVIG |
|---|---|---|
| Expense Ratio | 0.36% | 0.15%Best |
| AUM | $989M | $2.0B |
| Dividend Yield | 4.44% | 4.54% |
| Holdings | 3,770 | 1,720 |
| YTD Return | -2.08%Best | -3.03% |
| 1Y Return | -1.94%Best | -2.70% |
| 3Y Return (annualized) | +3.95% | +4.63%Best |
| 5Y Return (annualized) | - | -0.64% |
| Volatility (annualized) | 5.2%Best | 5.7% |
| Max Drawdown | -6.4%Best | -7.0% |
| $10,000 over 3.4 years | $10,632 | $10,833Best |
| Fund Family | Envestnet Asset Management | Avantis Investors |
| Category | Fixed Income | Fixed Income |
| Inception | May 3, 2023 | Oct 13, 2020 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Oct 14, 2026 (3.4 years).
APCB vs AVIG 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 3.4 years both funds cover.
APCB vs AVIG Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors. Over the past year APCB returned -1.94% while AVIG returned -2.70%. Year to date, APCB is down 2.08% versus a loss of 3.03% for AVIG.
Over three years, APCB compounded at +3.95% per year against +4.63% for AVIG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG has been the more volatile fund, with annualized monthly volatility of 5.7% compared with 5.2% for APCB. 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 -6.4% for APCB and -7.0% for AVIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
APCB charges 0.36% per year while AVIG charges 0.15%. On a $10,000 position that is $36 vs $15 annually, a gap of $21 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 4.54% for AVIG.
Holdings Overlap
At least 17.9% of AVIG's money is in holdings APCB also owns.
Stated as a floor: for APCB, our book for it covers 75.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
AVIG and APCB share little of their money.
60 positions in common, counted across the 1,221 positions we hold weights for in APCB and 739 in AVIG, against full books of 3,770 and 1,720.
Top Shared Holdings
| Stock | Weight in APCB | Weight in AVIG | Difference |
|---|---|---|---|
| T 4.25 08/15/35United States Treasury Note/Bond 4.25% 08/15/2035 | 0.61% | 0.51% | 0.10% |
| T 4.25 02/28/31United States Treasury Notes 4.25% Feb 28, 2031 | 0.62% | 0.39% | 0.23% |
| T 1.125 08/31/28Treasury Note 0.0113 8/31/2028 | 0.29% | 0.71% | 0.42% |
| T 3.875 07/15/28Us Treas Nts 3.875% 07/15/28 | 0.30% | 0.69% | 0.39% |
| T 0.625 05/15/30Government Of The United States Of America 0.625% 15-May-2030 | 0.30% | 0.67% | 0.37% |
| T 4.25 06/30/31United States Treasury Note/Bond 4.25% 06/30/2031 | 0.41% | 0.52% | 0.11% |
| T 1.5 11/30/28Treasury Note 1.50% 11/30/2028 | 0.13% | 0.77% | 0.64% |
| T 1.875 02/15/32Treasury Note (Otr) 1.88% Feb 15, 2032 | 0.23% | 0.67% | 0.44% |
| T 2.875 05/15/32United States Treasury Note 2032-05-15 | 0.13% | 0.65% | 0.52% |
| T 3.75 12/31/30United States Treasury, 3.750% Dec. 31 30 | 0.34% | 0.44% | 0.10% |
You are not choosing between two funds in isolation.
Whichever of APCB and AVIG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APCB or AVIG?
APCB has an expense ratio of 0.36% while AVIG charges 0.15%. AVIG is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, APCB or AVIG?
Over the past year APCB returned -1.94% vs -2.70% for AVIG, so APCB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or AVIG?
AVIG has been the more volatile fund at 5.7% annualized versus 5.2% for APCB. Worst drawdown: APCB -6.4% vs AVIG -7.0%.
Should I hold both APCB and AVIG?
APCB and AVIG have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between APCB and AVIG?
At least 17.9% of AVIG's money is in holdings APCB also owns. Our book for APCB is partial, so the real figure is this or higher. They hold 60 positions in common, counted across the 1,221 positions we hold weights for in APCB and 739 in AVIG.
Which pays a higher dividend, APCB or AVIG?
APCB yields 4.44% while AVIG yields 4.54%, so AVIG currently pays the higher dividend yield.
Is AVIG better than APCB?
AVIG has a lower expense ratio. APCB led over 1Y, AVIG over 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.