AVUS vs TILT
Avantis US Equity ETF vs Northern Trust Morningstar US Market Factor Tilt ETF
Which is better, AVUS or TILT?
Nearly the same fund. AVUS costs less.
AVUS has a lower expense ratio. AVUS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. TILT is less concentrated, with 27.1% of the fund in its ten largest positions against 29.7%.
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 | AVUS | TILT |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.25% |
| AUM | $14.9B | $2.2B |
| Dividend Yield | 0.94% | 1.08% |
| Holdings | 1,917 | 1,929 |
| YTD Return | +15.65%Best | +11.74% |
| 1Y Return | +20.98%Best | +15.61% |
| 3Y Return (annualized) | +21.87%Best | +20.41% |
| 5Y Return (annualized) | +12.65%Best | +11.12% |
| Volatility (annualized) | 17.6%Best | 18.0% |
| Max Drawdown | -37.0%Best | -38.5% |
| $10,000 over 5 years | $18,141Best | $16,942 |
| Top 10 Weight | 29.7% | 27.1%Best |
| Fund Family | Avantis Investors | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2019 | Sep 16, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Oct 14, 2026 (7 years).
AVUS vs TILT 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 7 years both funds cover.
AVUS vs TILT Performance
Avantis US Equity ETF (AVUS) is an ETF from Avantis Investors and Northern Trust Morningstar US Market Factor Tilt ETF (TILT) is an ETF from Northern Trust Asset Management. Over the past year AVUS returned +20.98% while TILT returned +15.61%. Year to date, AVUS is up 15.65% versus a gain of 11.74% for TILT.
Over three years, AVUS compounded at +21.87% per year against +20.41% for TILT; over five years the annualized figures are +12.65% and +11.12% respectively. Across the full 7-year window we track, AVUS has the edge at +15.59% annualized vs +14.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TILT has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 17.6% for AVUS. 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 -38.5% for TILT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. 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 TILT 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, AVUS currently yields 0.94% against 1.08% for TILT.
Holdings Overlap
92.5% of AVUS's money is in holdings TILT also owns. 82.5% of TILT's money is in holdings AVUS also owns.
Most of AVUS is already inside TILT. Owning both mostly buys the same companies twice.
979 positions in common, counted across the 1,309 positions we hold weights for in AVUS and 1,904 in TILT, against full books of 1,917 and 1,929.
What only one of them owns
Our book lists 659 positions for TILT that do not appear in our book for AVUS (16.3% of the fund), and 55 for AVUS that do not appear in TILT (1.9%).
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 TILT | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.54% | 5.56% | 0.02% |
| AAPLApple, Inc | 5.63% | 4.98% | 0.65% |
| MSFTMicrosoft Corp | 4.28% | 3.93% | 0.35% |
| AMZNAmazon.Com Inc | 3.43% | 2.53% | 0.90% |
| METAMeta Platforms, Inc. | 2.24% | 2.04% | 0.20% |
| GOOGLAlphabet, Inc. - Class a | 2.00% | 2.04% | 0.04% |
| MUMicron Technology, Inc. | 2.31% | 1.58% | 0.73% |
| GOOGAlphabate, Inc Class C | 1.62% | 1.64% | 0.02% |
| AVGOBroadcom Inc | 1.00% | 1.66% | 0.66% |
| JPMJpmorgan Chase & Co | 1.41% | 1.13% | 0.28% |
92.5% of AVUS is already inside TILT.
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, AVUS or TILT?
AVUS has an expense ratio of 0.15% while TILT charges 0.25%. AVUS is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, AVUS or TILT?
Over the past year AVUS returned +20.98% vs +15.61% for TILT, so AVUS leads on 1-year performance. Over the longest common window we track (7 years), AVUS annualized +15.59% vs +14.45% for TILT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUS or TILT?
TILT has been the more volatile fund at 18.0% annualized versus 17.6% for AVUS. Worst drawdown: AVUS -37.0% vs TILT -38.5%.
Should I hold both AVUS and TILT?
AVUS and TILT have a monthly-return correlation of 1.00, 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 TILT?
92.5% of AVUS's money is in holdings TILT also owns. 82.5% of TILT's is in holdings AVUS also owns. They hold 979 positions in common, counted across the 1,309 positions we hold weights for in AVUS and 1,904 in TILT.
Which pays a higher dividend, AVUS or TILT?
AVUS yields 0.94% while TILT yields 1.08%, so TILT currently pays the higher dividend yield.
Is TILT better than AVUS?
AVUS has a lower expense ratio. AVUS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. TILT is less concentrated, with 27.1% of the fund in its ten largest positions against 29.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.