AVLV vs PRVS
Avantis US Large Cap Value ETF vs Parnassus Value Select ETF
Which is better, AVLV or PRVS?
AVLV has been ahead.
AVLV has a lower expense ratio. AVLV led over 1Y and the full window. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 49.7%.
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 | PRVS |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.59% |
| AUM | $22.1B | $28M |
| Dividend Yield | 1.14% | 0.52% |
| Holdings | 601 | 56 |
| YTD Return | +21.50%Best | +15.17% |
| 1Y Return | +30.84%Best | +21.88% |
| 3Y Return (annualized) | +22.16% | - |
| 5Y Return (annualized) | +14.42% | - |
| Volatility (annualized) | 11.6%Best | 13.0% |
| Max Drawdown | -18.9% | -17.6%Best |
| $10,000 over 1.8 years | $13,582Best | $13,028 |
| Top 10 Weight | 27.2%Best | 49.7% |
| Fund Family | Avantis Investors | Parnassus Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | Dec 12, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Oct 14, 2026 (1.8 years).
AVLV vs PRVS 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 1.8 years both funds cover.
AVLV vs PRVS Performance
Avantis US Large Cap Value ETF (AVLV) is an ETF from Avantis Investors and Parnassus Value Select ETF (PRVS) is an ETF from Parnassus Investments. Over the past year AVLV returned +30.84% while PRVS returned +21.88%. Year to date, AVLV is up 21.50% versus a gain of 15.17% for PRVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRVS has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 11.6% for AVLV. 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 -18.9% for AVLV and -17.6% for PRVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVLV charges 0.15% per year while PRVS charges 0.59%. On a $10,000 position that is $15 vs $59 annually, a gap of $44 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 0.52% for PRVS.
Holdings Overlap
18.1% of AVLV's money is in holdings PRVS also owns. 48.1% of PRVS's money is in holdings AVLV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 304 positions we hold weights for in AVLV and 27 in PRVS, against full books of 601 and 56.
What only one of them owns
Our book lists 13 positions for PRVS that do not appear in our book for AVLV (39.9% of the fund), and 267 for AVLV that do not appear in PRVS (80.7%).
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 PRVS | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.45% | 7.50% | 4.05% |
| AMZNAmazon.Com Inc | 2.93% | 8.00% | 5.07% |
| MUMicron Technology, Inc. | 3.45% | 3.90% | 0.45% |
| JPMJpmorgan Chase | 2.61% | 4.00% | 1.39% |
| VZVerizon Communic | 1.60% | 4.30% | 2.70% |
| UNPUnion Pacific Corp | 1.59% | 3.90% | 2.31% |
| SCHWSchwab Strategic T | 1.03% | 3.60% | 2.57% |
| VVisa Inc Class A | 0.08% | 4.10% | 4.02% |
| DEDeere & Co Sedol 2261203 | 0.88% | 2.90% | 2.02% |
| CMICummins Inc. | 0.45% | 3.00% | 2.55% |
48.1% of PRVS 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 PRVS?
AVLV has an expense ratio of 0.15% while PRVS charges 0.59%. AVLV is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, AVLV or PRVS?
Over the past year AVLV returned +30.84% vs +21.88% for PRVS, so AVLV leads on 1-year performance. Over the longest common window we track (2 years), AVLV annualized +18.54% vs +15.83% for PRVS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVLV or PRVS?
PRVS has been the more volatile fund at 13.0% annualized versus 11.6% for AVLV. Worst drawdown: AVLV -18.9% vs PRVS -17.6%.
Should I hold both AVLV and PRVS?
AVLV and PRVS have a monthly-return correlation of 0.86, 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 PRVS?
48.1% of PRVS's money is in holdings AVLV also owns. 48.1% of PRVS's is in holdings AVLV also owns. They hold 11 positions in common, counted across the 304 positions we hold weights for in AVLV and 27 in PRVS.
Which pays a higher dividend, AVLV or PRVS?
AVLV yields 1.14% while PRVS yields 0.52%, so AVLV currently pays the higher dividend yield.
Is PRVS better than AVLV?
AVLV has a lower expense ratio. AVLV led over 1Y and the full window. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 49.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.