AVUS vs TSPA
Avantis US Equity ETF vs T Rowe Price US Equity Research ETF
Which is better, AVUS or TSPA?
Nearly the same fund. AVUS costs less.
AVUS has a lower expense ratio. AVUS led over 1Y, TSPA over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. AVUS is less concentrated, with 29.7% of the fund in its ten largest positions against 38.1%.
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 | TSPA |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.34% |
| AUM | $14.9B | $4.7B |
| Dividend Yield | 0.94% | 0.55% |
| Holdings | 1,917 | 330 |
| YTD Return | +16.12%Best | +13.61% |
| 1Y Return | +20.96%Best | +17.21% |
| 3Y Return (annualized) | +22.01% | +22.36%Best |
| 5Y Return (annualized) | +12.59% | +13.46%Best |
| Volatility (annualized) | 15.7% | 15.5%Best |
| Max Drawdown | -22.2%Best | -24.7% |
| $10,000 over 5 years | $18,093 | $18,802Best |
| Top 10 Weight | 29.7%Best | 38.1% |
| Fund Family | Avantis Investors | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2019 | Jun 8, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 9, 2021 to Oct 15, 2026 (5.3 years).
AVUS vs TSPA 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 5.3 years both funds cover.
AVUS vs TSPA Performance
Avantis US Equity ETF (AVUS) is an ETF from Avantis Investors and T Rowe Price US Equity Research ETF (TSPA) is an ETF from T.Rowe Price. Over the past year AVUS returned +20.96% while TSPA returned +17.21%. Year to date, AVUS is up 16.12% versus a gain of 13.61% for TSPA.
Over three years, AVUS compounded at +22.01% per year against +22.36% for TSPA; over five years the annualized figures are +12.59% and +13.46% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVUS has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.5% for TSPA. 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 -22.2% for AVUS and -24.7% for TSPA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 TSPA charges 0.34%. On a $10,000 position that is $15 vs $34 annually, a gap of $19 per year that compounds over a long holding period. On income, AVUS currently yields 0.94% against 0.55% for TSPA.
Holdings Overlap
70.3% of AVUS's money is in holdings TSPA also owns. 92.9% of TSPA's money is in holdings AVUS also owns.
Most of TSPA is already inside AVUS. Owning both mostly buys the same companies twice.
257 positions in common, counted across the 1,309 positions we hold weights for in AVUS and 326 in TSPA, against full books of 1,917 and 330.
What only one of them owns
Our book lists 60 positions for TSPA that do not appear in our book for AVUS (5.7% of the fund), and 636 for AVUS that do not appear in TSPA (23.7%).
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 AVUS | Weight in TSPA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.54% | 8.18% | 2.64% |
| AAPLApple, Inc | 5.63% | 6.74% | 1.11% |
| MSFTMicrosoft Corp | 4.28% | 5.76% | 1.48% |
| AMZNAmazon.Com Inc | 3.43% | 3.93% | 0.50% |
| GOOGAlphabet Inc. C | 1.62% | 3.15% | 1.53% |
| GOOGLAlphabet Inc | 2.00% | 2.50% | 0.50% |
| METAMeta Platforms Inc | 2.24% | 2.08% | 0.16% |
| MUMicron Technology, Inc. | 2.31% | 1.68% | 0.63% |
| AVGOBroadcom Inc | 1.00% | 2.64% | 1.64% |
| JPMJpmorgan Chase | 1.41% | 1.41% | 0.00% |
92.9% of TSPA 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVUS or TSPA?
AVUS has an expense ratio of 0.15% while TSPA charges 0.34%. AVUS is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, AVUS or TSPA?
Over the past year AVUS returned +20.96% vs +17.21% for TSPA, so AVUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUS or TSPA?
AVUS has been the more volatile fund at 15.7% annualized versus 15.5% for TSPA. Worst drawdown: AVUS -22.2% vs TSPA -24.7%.
Should I hold both AVUS and TSPA?
AVUS and TSPA have a monthly-return correlation of 0.96, 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 TSPA?
92.9% of TSPA's money is in holdings AVUS also owns. 92.9% of TSPA's is in holdings AVUS also owns. They hold 257 positions in common, counted across the 1,309 positions we hold weights for in AVUS and 326 in TSPA.
Which pays a higher dividend, AVUS or TSPA?
AVUS yields 0.94% while TSPA yields 0.55%, so AVUS currently pays the higher dividend yield.
Is TSPA better than AVUS?
AVUS has a lower expense ratio. AVUS led over 1Y, TSPA over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. AVUS is less concentrated, with 29.7% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.