AVLV vs FLV
Avantis US Large Cap Value ETF vs American Century Focused Large Cap Value ETF
Which is better, AVLV or FLV?
AVLV has been ahead.
AVLV has a lower expense ratio. AVLV led over 1Y, 3Y, 5Y and the full window. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 32.6%.
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 | FLV |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.42% |
| AUM | $22.1B | $379M |
| Dividend Yield | 1.14% | 1.73% |
| Holdings | 601 | 56 |
| YTD Return | +21.50%Best | +12.50% |
| 1Y Return | +30.84%Best | +16.84% |
| 3Y Return (annualized) | +22.16%Best | +16.33% |
| 5Y Return (annualized) | +14.42%Best | +9.83% |
| Volatility (annualized) | 16.5% | 13.2%Best |
| Max Drawdown | -19.5% | -15.1%Best |
| $10,000 over 5 years | $19,611Best | $15,981 |
| Top 10 Weight | 27.2%Best | 32.6% |
| Fund Family | Avantis Investors | American Century ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | Mar 31, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Sep 23, 2021 to Oct 14, 2026 (5.1 years).
AVLV vs FLV 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 5.1 years both funds cover.
AVLV vs FLV Performance
Avantis US Large Cap Value ETF (AVLV) is an ETF from Avantis Investors and American Century Focused Large Cap Value ETF (FLV) is an ETF from American Century ETFs. Over the past year AVLV returned +30.84% while FLV returned +16.84%. Year to date, AVLV is up 21.50% versus a gain of 12.50% for FLV.
Over three years, AVLV compounded at +22.16% per year against +16.33% for FLV; over five years the annualized figures are +14.42% and +9.83% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVLV has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 13.2% for FLV. 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 -19.5% for AVLV and -15.1% for FLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVLV charges 0.15% per year while FLV charges 0.42%. On a $10,000 position that is $15 vs $42 annually, a gap of $27 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 1.73% for FLV.
Holdings Overlap
19.1% of AVLV's money is in holdings FLV also owns. 34.6% of FLV's money is in holdings AVLV also owns.
The two portfolios partly overlap.
The two holdings books were reported 94 days apart, AVLV as of Oct 2, 2026 and FLV as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
18 positions in common, counted across the 304 positions we hold weights for in AVLV and 52 in FLV, against full books of 601 and 56.
What only one of them owns
Our book lists 29 positions for FLV that do not appear in our book for AVLV (58.5% of the fund), and 259 for AVLV that do not appear in FLV (79.7%).
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 AVLV | Weight in FLV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.45% | 3.46% | 0.01% |
| AMZNAmazon.Com Inc | 2.93% | 3.07% | 0.14% |
| JPMJpmorgan Chase | 2.61% | 3.25% | 0.64% |
| AAPLApple, Inc | 2.75% | 2.58% | 0.17% |
| SCHWSchwab Strategic T | 1.03% | 2.07% | 1.04% |
| CVXChevron Corp | 0.87% | 2.22% | 1.35% |
| OKEOneok Inc. | 0.05% | 2.70% | 2.65% |
| PKGPackaging Corp. Of America | 0.34% | 2.20% | 1.86% |
| TGTTARGET CORP | 1.08% | 1.19% | 0.11% |
| AOSAo Smith Corp. | 0.03% | 2.09% | 2.06% |
34.6% of FLV 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVLV or FLV?
AVLV has an expense ratio of 0.15% while FLV charges 0.42%. AVLV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, AVLV or FLV?
Over the past year AVLV returned +30.84% vs +16.84% for FLV, 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 FLV?
AVLV has been the more volatile fund at 16.5% annualized versus 13.2% for FLV. Worst drawdown: AVLV -19.5% vs FLV -15.1%.
Should I hold both AVLV and FLV?
AVLV and FLV have a monthly-return correlation of 0.85, 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 FLV?
34.6% of FLV's money is in holdings AVLV also owns. 34.6% of FLV's is in holdings AVLV also owns. They hold 18 positions in common, counted across the 304 positions we hold weights for in AVLV and 52 in FLV.
Which pays a higher dividend, AVLV or FLV?
AVLV yields 1.14% while FLV yields 1.73%, so FLV currently pays the higher dividend yield.
Is FLV better than AVLV?
AVLV has a lower expense ratio. AVLV led over 1Y, 3Y, 5Y and the full window. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 32.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.