AVLV vs VLLU
Avantis US Large Cap Value ETF vs Harbor AlphaEdge Large Cap Value ETF
Which is better, AVLV or VLLU?
AVLV has been ahead.
AVLV has a lower expense ratio. AVLV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 37.4%.
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 | VLLU |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.25% |
| AUM | $22.1B | $5M |
| Dividend Yield | 1.14% | 1.35% |
| Holdings | 601 | 75 |
| Volatility (annualized) | 13.0% | 10.7%Best |
| Max Drawdown | -19.5% | -16.6%Best |
| $10,000 over 2 years | $15,418Best | $13,865 |
| Top 10 Weight | 27.2%Best | 37.4% |
| Fund Family | Avantis Investors | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | Sep 3, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 47 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AVLV has data through Oct 14, 2026 and VLLU through Aug 28, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 5, 2024 to Aug 28, 2026 (2 years).
Risk: Volatility and Drawdowns
AVLV has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 10.7% for VLLU. 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 -16.6% for VLLU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 VLLU charges 0.25%. On a $10,000 position that is $15 vs $25 annually, a gap of $10 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 1.35% for VLLU.
Holdings Overlap
32.5% of AVLV's money is in holdings VLLU also owns. 46.3% of VLLU'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 VLLU as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
39 positions in common, counted across the 304 positions we hold weights for in AVLV and 74 in VLLU, against full books of 601 and 75.
What only one of them owns
Our book lists 31 positions for VLLU that do not appear in our book for AVLV (51.3% of the fund), and 239 for AVLV that do not appear in VLLU (66.3%).
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 VLLU | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 3.45% | 3.67% | 0.22% |
| AAPLApple, Inc | 2.75% | 3.51% | 0.76% |
| SYFSynchrony Financial | 0.40% | 2.85% | 2.45% |
| VVisa Inc Class A | 0.08% | 3.14% | 3.06% |
| JPMJpmorgan Chase | 2.61% | 0.58% | 2.03% |
| XOMExxonmobil Corp. | 2.42% | 0.68% | 1.74% |
| TJXTjx Cos., Inc. | 1.25% | 1.84% | 0.59% |
| MLIMueller Industries Inc | 0.06% | 3.03% | 2.97% |
| VZVerizon Communic | 1.60% | 1.23% | 0.37% |
| COSTCostco Wholesale Corp. | 2.32% | 0.49% | 1.83% |
46.3% of VLLU 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 VLLU?
AVLV has an expense ratio of 0.15% while VLLU charges 0.25%. AVLV is the cheaper option, by $10 a year on a $10,000 investment.
Which is riskier, AVLV or VLLU?
AVLV has been the more volatile fund at 13.0% annualized versus 10.7% for VLLU. Worst drawdown: AVLV -19.5% vs VLLU -16.6%.
Should I hold both AVLV and VLLU?
AVLV and VLLU have a monthly-return correlation of 0.92, 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 VLLU?
46.3% of VLLU's money is in holdings AVLV also owns. 46.3% of VLLU's is in holdings AVLV also owns. They hold 39 positions in common, counted across the 304 positions we hold weights for in AVLV and 74 in VLLU.
Which pays a higher dividend, AVLV or VLLU?
AVLV yields 1.14% while VLLU yields 1.35%, so VLLU currently pays the higher dividend yield.
Is VLLU better than AVLV?
AVLV has a lower expense ratio. AVLV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 37.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.