AVLV vs IWD
Avantis US Large Cap Value ETF vs iShares Russell 1000 Value ETF
Which is better, AVLV or IWD?
Nearly the same fund. AVLV costs less.
AVLV has a lower expense ratio. AVLV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 29.7%.
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 | IWD |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $22.1B | $83.2B |
| Dividend Yield | 1.14% | 1.43% |
| Holdings | 601 | 869 |
| YTD Return | +21.50%Best | +21.07% |
| 1Y Return | +30.84%Best | +27.09% |
| 3Y Return (annualized) | +22.16%Best | +20.91% |
| 5Y Return (annualized) | +14.42%Best | +11.56% |
| Volatility (annualized) | 16.5% | 14.9%Best |
| Max Drawdown | -19.5% | -19.0%Best |
| $10,000 over 5 years | $19,611Best | $17,280 |
| Top 10 Weight | 27.2%Best | 29.7% |
| Fund Family | Avantis Investors | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | May 22, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 23, 2021 to Oct 14, 2026 (5.1 years).
AVLV vs IWD 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 IWD Performance
Avantis US Large Cap Value ETF (AVLV) is an ETF from Avantis Investors and iShares Russell 1000 Value ETF (IWD) is an ETF from iShares by BlackRock (US). Over the past year AVLV returned +30.84% while IWD returned +27.09%. Year to date, AVLV is up 21.50% versus a gain of 21.07% for IWD.
Over three years, AVLV compounded at +22.16% per year against +20.91% for IWD; over five years the annualized figures are +14.42% and +11.56% 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 14.9% for IWD. 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 -19.0% for IWD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVLV charges 0.15% per year while IWD charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 1.43% for IWD.
Holdings Overlap
79.7% of AVLV's money is in holdings IWD also owns. 42.4% of IWD's money is in holdings AVLV also owns.
Most of AVLV is already inside IWD. Owning both mostly buys the same companies twice.
217 positions in common, counted across the 304 positions we hold weights for in AVLV and 871 in IWD, against full books of 601 and 869.
What only one of them owns
Our book lists 583 positions for IWD that do not appear in our book for AVLV (56.1% of the fund), and 70 for AVLV that do not appear in IWD (19.5%).
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 IWD | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 2.93% | 6.06% | 3.13% |
| AAPLApple, Inc | 2.75% | 6.01% | 3.26% |
| MSFTMicrosoft Corp | 3.45% | 5.23% | 1.78% |
| JPMJpmorgan Chase | 2.61% | 2.45% | 0.16% |
| METAMeta Platforms Inc | 3.48% | 0.80% | 2.68% |
| XOMExxonmobil Corp. | 2.42% | 1.85% | 0.57% |
| VZVerizon Communic | 1.60% | 0.53% | 1.07% |
| MSMorgan Stanley | 1.43% | 0.58% | 0.85% |
| UNPUnion Pacific Corp | 1.59% | 0.41% | 1.18% |
| WFCWells Fargo & Co. | 1.32% | 0.67% | 0.65% |
79.7% of AVLV is already inside IWD.
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 IWD?
AVLV has an expense ratio of 0.15% while IWD charges 0.18%. AVLV is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, AVLV or IWD?
Over the past year AVLV returned +30.84% vs +27.09% for IWD, 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 IWD?
AVLV has been the more volatile fund at 16.5% annualized versus 14.9% for IWD. Worst drawdown: AVLV -19.5% vs IWD -19.0%.
Should I hold both AVLV and IWD?
AVLV and IWD have a monthly-return correlation of 0.96, 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 AVLV and IWD?
79.7% of AVLV's money is in holdings IWD also owns. 42.4% of IWD's is in holdings AVLV also owns. They hold 217 positions in common, counted across the 304 positions we hold weights for in AVLV and 871 in IWD.
Which pays a higher dividend, AVLV or IWD?
AVLV yields 1.14% while IWD yields 1.43%, so IWD currently pays the higher dividend yield.
Is IWD better than AVLV?
AVLV has a lower expense ratio. AVLV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 29.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.