AVLV vs PJFV
Avantis US Large Cap Value ETF vs PGIM Jennison Focused Value ETF
Which is better, AVLV or PJFV?
Each has led over a different period.
AVLV has a lower expense ratio. AVLV led over 1Y, PJFV over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 41.1%.
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 | PJFV |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.33% |
| AUM | $22.1B | $183M |
| Dividend Yield | 1.14% | 0.57% |
| Holdings | 601 | 37 |
| YTD Return | +21.50%Best | +20.68% |
| 1Y Return | +30.84%Best | +27.75% |
| 3Y Return (annualized) | +22.16% | +24.90%Best |
| 5Y Return (annualized) | +14.42% | - |
| Volatility (annualized) | 13.6% | 11.7%Best |
| Max Drawdown | -19.5% | -18.1%Best |
| $10,000 over 3.8 years | $18,908 | $20,686Best |
| Top 10 Weight | 27.2%Best | 41.1% |
| Fund Family | Avantis Investors | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | Dec 12, 2022 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 14, 2022 to Oct 14, 2026 (3.8 years).
AVLV vs PJFV 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 3.8 years both funds cover.
AVLV vs PJFV Performance
Avantis US Large Cap Value ETF (AVLV) is an ETF from Avantis Investors and PGIM Jennison Focused Value ETF (PJFV) is an ETF from PGIM Investments. Over the past year AVLV returned +30.84% while PJFV returned +27.75%. Year to date, AVLV is up 21.50% versus a gain of 20.68% for PJFV.
Over three years, AVLV compounded at +22.16% per year against +24.90% for PJFV. Across the full 4-year window we track, PJFV has the edge at +21.08% annualized vs +18.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVLV has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.7% for PJFV. 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 -18.1% for PJFV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. 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 PJFV charges 0.33%. On a $10,000 position that is $15 vs $33 annually, a gap of $18 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 0.57% for PJFV.
Holdings Overlap
30.5% of AVLV's money is in holdings PJFV also owns. 48.5% of PJFV's money is in holdings AVLV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 304 positions we hold weights for in AVLV and 35 in PJFV, against full books of 601 and 37.
What only one of them owns
Our book lists 15 positions for PJFV that do not appear in our book for AVLV (40.4% of the fund), and 262 for AVLV that do not appear in PJFV (68.3%).
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 PJFV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.45% | 6.30% | 2.85% |
| AAPLApple, Inc | 2.75% | 5.66% | 2.91% |
| AMZNAmazon.Com Inc | 2.93% | 4.67% | 1.74% |
| JPMJpmorgan Chase | 2.61% | 4.28% | 1.67% |
| XOMExxonmobil Corp. | 2.42% | 4.01% | 1.59% |
| METAMeta Platforms Inc | 3.48% | 2.38% | 1.10% |
| LLYEli Lilly & Co. | 2.20% | 2.81% | 0.61% |
| MUMicron Technology, Inc. | 3.45% | 1.48% | 1.97% |
| WFCWells Fargo & Co. | 1.32% | 2.69% | 1.37% |
| UNPUnion Pacific Corp | 1.59% | 2.23% | 0.64% |
48.5% of PJFV 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 PJFV?
AVLV has an expense ratio of 0.15% while PJFV charges 0.33%. AVLV is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, AVLV or PJFV?
Over the past year AVLV returned +30.84% vs +27.75% for PJFV, so AVLV leads on 1-year performance. Over the longest common window we track (4 years), AVLV annualized +18.25% vs +21.08% for PJFV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVLV or PJFV?
AVLV has been the more volatile fund at 13.6% annualized versus 11.7% for PJFV. Worst drawdown: AVLV -19.5% vs PJFV -18.1%.
Should I hold both AVLV and PJFV?
AVLV and PJFV have a monthly-return correlation of 0.91, 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 PJFV?
48.5% of PJFV's money is in holdings AVLV also owns. 48.5% of PJFV's is in holdings AVLV also owns. They hold 16 positions in common, counted across the 304 positions we hold weights for in AVLV and 35 in PJFV.
Which pays a higher dividend, AVLV or PJFV?
AVLV yields 1.14% while PJFV yields 0.57%, so AVLV currently pays the higher dividend yield.
Is PJFV better than AVLV?
AVLV has a lower expense ratio. AVLV led over 1Y, PJFV over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 41.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.