AVLV vs VOO
Avantis US Large Cap Value ETF vs Vanguard S&P 500 ETF
Which is better, AVLV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. AVLV led over 1Y, 5Y and the full window, VOO over 3Y. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 37.9%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $22.1B | $1.0T |
| Dividend Yield | 1.14% | 1.06% |
| Holdings | 601 | 506 |
| YTD Return | +21.50%Best | +13.57% |
| 1Y Return | +30.84%Best | +17.55% |
| 3Y Return (annualized) | +22.16% | +22.46%Best |
| 5Y Return (annualized) | +14.42%Best | +13.28% |
| Volatility (annualized) | 16.5% | 15.5%Best |
| Max Drawdown | -19.5%Best | -24.5% |
| $10,000 over 5 years | $19,611Best | $18,654 |
| Top 10 Weight | 27.2%Best | 37.9% |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 21, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 23, 2021 to Oct 14, 2026 (5.1 years).
AVLV vs VOO 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 VOO Performance
Avantis US Large Cap Value ETF (AVLV) is an ETF from Avantis Investors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AVLV returned +30.84% while VOO returned +17.55%. Year to date, AVLV is up 21.50% versus a gain of 13.57% for VOO.
Over three years, AVLV compounded at +22.16% per year against +22.46% for VOO; over five years the annualized figures are +14.42% and +13.28% 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 15.5% for VOO. 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 -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVLV charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, AVLV currently yields 1.14% against 1.06% for VOO.
Holdings Overlap
83.3% of AVLV's money is in holdings VOO also owns. 48.3% of VOO's money is in holdings AVLV also owns.
Most of AVLV is already inside VOO. Owning both mostly buys the same companies twice.
144 positions in common, counted across the 304 positions we hold weights for in AVLV and 504 in VOO, against full books of 601 and 506.
What only one of them owns
Our book lists 356 positions for VOO that do not appear in our book for AVLV (51.5% of the fund), and 140 for AVLV that do not appear in VOO (16.0%).
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 VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.75% | 7.04% | 4.29% |
| MSFTMicrosoft Corp | 3.45% | 5.70% | 2.25% |
| NVDANvidia Corp | 0.26% | 8.09% | 7.83% |
| AMZNAmazon.Com Inc | 2.93% | 3.85% | 0.92% |
| METAMeta Platforms Inc | 3.48% | 1.90% | 1.58% |
| MUMicron Technology, Inc. | 3.45% | 1.64% | 1.81% |
| JPMJpmorgan Chase | 2.61% | 1.44% | 1.17% |
| LLYEli Lilly & Co. | 2.20% | 1.38% | 0.82% |
| XOMExxonmobil Corp. | 2.42% | 1.01% | 1.41% |
| COSTCostco Wholesale Corp. | 2.32% | 0.63% | 1.69% |
83.3% of AVLV is already inside VOO.
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 VOO?
AVLV has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, AVLV or VOO?
Over the past year AVLV returned +30.84% vs +17.55% for VOO, 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 VOO?
AVLV has been the more volatile fund at 16.5% annualized versus 15.5% for VOO. Worst drawdown: AVLV -19.5% vs VOO -24.5%.
Should I hold both AVLV and VOO?
AVLV and VOO have a monthly-return correlation of 0.89, 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 VOO?
83.3% of AVLV's money is in holdings VOO also owns. 48.3% of VOO's is in holdings AVLV also owns. They hold 144 positions in common, counted across the 304 positions we hold weights for in AVLV and 504 in VOO.
Which pays a higher dividend, AVLV or VOO?
AVLV yields 1.14% while VOO yields 1.06%, so AVLV currently pays the higher dividend yield.
Is VOO better than AVLV?
VOO has a lower expense ratio. AVLV led over 1Y, 5Y and the full window, VOO over 3Y. AVLV is less concentrated, with 27.2% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.