AVLV vs BLCV
Avantis US Large Cap Value ETF vs iShares Large Cap Value Active ETF
Which is better, AVLV or BLCV?
AVLV has been ahead.
AVLV has a lower expense ratio. AVLV led over 1Y, 3Y and the full window. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 42.0%.
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 | AVLV | BLCV |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.45% |
| AUM | $22.1B | $347M |
| Dividend Yield | 1.14% | 1.30% |
| Holdings | 601 | 56 |
| YTD Return | +21.50%Best | +12.91% |
| 1Y Return | +30.84%Best | +20.02% |
| 3Y Return (annualized) | +22.16%Best | +19.66% |
| 5Y Return (annualized) | +14.42% | - |
| Volatility (annualized) | 13.5%Tie | 13.5%Tie |
| Max Drawdown | -19.5% | -13.4%Best |
| $10,000 over 3.4 years | $19,427Best | $17,794 |
| Top 10 Weight | 27.2%Best | 42.0% |
| Fund Family | Avantis Investors | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | May 19, 2023 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 23, 2023 to Oct 14, 2026 (3.4 years).
AVLV vs BLCV 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.
AVLV vs BLCV Performance
Avantis US Large Cap Value ETF (AVLV) is an ETF from Avantis Investors and iShares Large Cap Value Active ETF (BLCV) is an ETF from BlackRock, Inc. (US). Over the past year AVLV returned +30.84% while BLCV returned +20.02%. Year to date, AVLV is up 21.50% versus a gain of 12.91% for BLCV.
Over three years, AVLV compounded at +22.16% per year against +19.66% for BLCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVLV and BLCV have been equally volatile, both at 13.5% annualized.
The deepest peak-to-trough decline in our data was -19.5% for AVLV and -13.4% for BLCV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVLV charges 0.15% per year while BLCV charges 0.45%. On a $10,000 position that is $15 vs $45 annually, a gap of $30 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 1.30% for BLCV.
Holdings Overlap
19.8% of AVLV's money is in holdings BLCV also owns. 48.2% of BLCV's money is in holdings AVLV also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 304 positions we hold weights for in AVLV and 54 in BLCV, against full books of 601 and 56.
What only one of them owns
Our book lists 36 positions for BLCV that do not appear in our book for AVLV (49.3% of the fund), and 261 for AVLV that do not appear in BLCV (79.0%).
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 AVLV | Weight in BLCV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.45% | 8.93% | 5.48% |
| AMZNAmazon.Com Inc | 2.93% | 7.87% | 4.94% |
| AAPLApple, Inc | 2.75% | 5.97% | 3.22% |
| METAMeta Platforms Inc | 3.48% | 2.49% | 0.99% |
| CVXChevron Corp | 0.87% | 3.82% | 2.95% |
| SCHWSchwab Strategic T | 1.03% | 2.96% | 1.93% |
| WFCWells Fargo & Co. | 1.32% | 2.59% | 1.27% |
| FDXFedex Corp | 0.62% | 2.15% | 1.53% |
| MRKMerck & Company Inc | 0.06% | 2.66% | 2.60% |
| CBChubb Ltd Common Stock Usd 24.15 | 0.78% | 1.47% | 0.69% |
48.2% of BLCV is already inside AVLV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AVLV or BLCV?
AVLV has an expense ratio of 0.15% while BLCV charges 0.45%. AVLV is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, AVLV or BLCV?
Over the past year AVLV returned +30.84% vs +20.02% for BLCV, so AVLV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVLV or BLCV?
AVLV and BLCV have been equally volatile, both at 13.5% annualized. Worst drawdown: AVLV -19.5% vs BLCV -13.4%.
Should I hold both AVLV and BLCV?
AVLV and BLCV have a monthly-return correlation of 0.83, 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 AVLV and BLCV?
48.2% of BLCV's money is in holdings AVLV also owns. 48.2% of BLCV's is in holdings AVLV also owns. They hold 17 positions in common, counted across the 304 positions we hold weights for in AVLV and 54 in BLCV.
Which pays a higher dividend, AVLV or BLCV?
AVLV yields 1.14% while BLCV yields 1.30%, so BLCV currently pays the higher dividend yield.
Is BLCV better than AVLV?
AVLV has a lower expense ratio. AVLV led over 1Y, 3Y and the full window. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.