AVUS vs IQSU
Avantis US Equity ETF vs NYLIM Candriam US Large Cap Equity ETF
Which is better, AVUS or IQSU?
Each has led over a different period.
IQSU has a lower expense ratio. AVUS led over 1Y, 3Y and 5Y, IQSU over the full window. The two have moved almost in lockstep, correlation 0.94. AVUS is less concentrated, with 29.7% of the fund in its ten largest positions against 43.3%.
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 | AVUS | IQSU |
|---|---|---|
| Expense Ratio | 0.15% | 0.09%Best |
| AUM | $14.9B | $354M |
| Dividend Yield | 0.94% | 0.91% |
| Holdings | 1,917 | 264 |
| YTD Return | +15.65% | +15.73%Best |
| 1Y Return | +20.98%Best | +20.02% |
| 3Y Return (annualized) | +21.87%Best | +19.22% |
| 5Y Return (annualized) | +12.65%Best | +11.67% |
| Volatility (annualized) | 17.9% | 17.7%Best |
| Max Drawdown | -37.0% | -31.3%Best |
| $10,000 over 5 years | $18,141Best | $17,365 |
| Top 10 Weight | 29.7%Best | 43.3% |
| Fund Family | Avantis Investors | New York Life Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2019 | Dec 17, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 14, 2026 (6.8 years).
AVUS vs IQSU 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 6.8 years both funds cover.
AVUS vs IQSU Performance
Avantis US Equity ETF (AVUS) is an ETF from Avantis Investors and NYLIM Candriam US Large Cap Equity ETF (IQSU) is an ETF from New York Life Investments. Over the past year AVUS returned +20.98% while IQSU returned +20.02%. Year to date, AVUS is up 15.65% versus a gain of 15.73% for IQSU.
Over three years, AVUS compounded at +21.87% per year against +19.22% for IQSU; over five years the annualized figures are +12.65% and +11.67% respectively. Across the full 7-year window we track, IQSU has the edge at +15.49% annualized vs +14.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVUS has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 17.7% for IQSU. 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 -37.0% for AVUS and -31.3% for IQSU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVUS charges 0.15% per year while IQSU charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, AVUS currently yields 0.94% against 0.91% for IQSU.
Holdings Overlap
48.3% of AVUS's money is in holdings IQSU also owns. 93.8% of IQSU's money is in holdings AVUS also owns.
Most of IQSU is already inside AVUS. Owning both mostly buys the same companies twice.
221 positions in common, counted across the 1,309 positions we hold weights for in AVUS and 269 in IQSU, against full books of 1,917 and 264.
What only one of them owns
Our book lists 44 positions for IQSU that do not appear in our book for AVUS (5.5% of the fund), and 667 for AVUS that do not appear in IQSU (45.8%).
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 AVUS | Weight in IQSU | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.63% | 10.22% | 4.59% |
| MSFTMicrosoft Corp | 4.28% | 5.46% | 1.18% |
| AMZNAmazon.Com Inc | 3.43% | 4.78% | 1.35% |
| GOOGLAlphabet Inc | 2.00% | 5.24% | 3.24% |
| GOOGAlphabet Inc. C | 1.62% | 4.53% | 2.91% |
| MUMicron Technology, Inc. | 2.31% | 3.33% | 1.02% |
| TSLATesla Inc | 0.66% | 3.40% | 2.74% |
| AMDAdvanced Micro Devices Inc | 0.66% | 3.06% | 2.40% |
| VVisa Inc Class A | 0.75% | 1.70% | 0.95% |
| LRCXLrcx Uw Equity | 0.82% | 1.27% | 0.45% |
93.8% of IQSU is already inside AVUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AVUS or IQSU?
AVUS has an expense ratio of 0.15% while IQSU charges 0.09%. IQSU is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, AVUS or IQSU?
Over the past year AVUS returned +20.98% vs +20.02% for IQSU, so AVUS leads on 1-year performance. Over the longest common window we track (7 years), AVUS annualized +14.84% vs +15.49% for IQSU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUS or IQSU?
AVUS has been the more volatile fund at 17.9% annualized versus 17.7% for IQSU. Worst drawdown: AVUS -37.0% vs IQSU -31.3%.
Should I hold both AVUS and IQSU?
AVUS and IQSU have a monthly-return correlation of 0.94, 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 AVUS and IQSU?
93.8% of IQSU's money is in holdings AVUS also owns. 93.8% of IQSU's is in holdings AVUS also owns. They hold 221 positions in common, counted across the 1,309 positions we hold weights for in AVUS and 269 in IQSU.
Which pays a higher dividend, AVUS or IQSU?
AVUS yields 0.94% while IQSU yields 0.91%, so AVUS currently pays the higher dividend yield.
Is IQSU better than AVUS?
IQSU has a lower expense ratio. AVUS led over 1Y, 3Y and 5Y, IQSU over the full window. The two have moved almost in lockstep, correlation 0.94. AVUS is less concentrated, with 29.7% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.