BLCV vs VMAX
iShares Large Cap Value Active ETF vs Hartford US Value ETF
Which is better, BLCV or VMAX?
VMAX has been ahead.
VMAX has a lower expense ratio. VMAX led over 1Y and the full window. VMAX is less concentrated, with 19.0% of the fund in its ten largest positions against 42.0%.
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 | BLCV | VMAX |
|---|---|---|
| Expense Ratio | 0.45% | 0.29%Best |
| AUM | $347M | $3M |
| Dividend Yield | 1.30% | 2.17% |
| Holdings | 56 | 127 |
| YTD Return | +12.91% | +16.66%Best |
| 1Y Return | +20.02% | +21.02%Best |
| 3Y Return (annualized) | +19.66% | - |
| Volatility (annualized) | 12.8% | 12.2%Best |
| Max Drawdown | -13.4%Best | -19.1% |
| $10,000 over 2.9 years | $16,308 | $16,927Best |
| Top 10 Weight | 42.0% | 19.0%Best |
| Fund Family | BlackRock, Inc. (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 19, 2023 | Dec 5, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 6, 2023 to Oct 14, 2026 (2.9 years).
BLCV vs VMAX 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 2.9 years both funds cover.
BLCV vs VMAX Performance
iShares Large Cap Value Active ETF (BLCV) is an ETF from BlackRock, Inc. (US) and Hartford US Value ETF (VMAX) is an ETF from Hartford Funds. Over the past year BLCV returned +20.02% while VMAX returned +21.02%. Year to date, BLCV is up 12.91% versus a gain of 16.66% for VMAX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BLCV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 12.2% for VMAX. 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 -13.4% for BLCV and -19.1% for VMAX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCV charges 0.45% per year while VMAX charges 0.29%. On a $10,000 position that is $45 vs $29 annually, a gap of $16 per year that compounds over a long holding period. On income, BLCV currently yields 1.30% against 2.17% for VMAX.
Holdings Overlap
50.9% of BLCV's money is in holdings VMAX also owns. 13.8% of VMAX's money is in holdings BLCV also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 54 positions we hold weights for in BLCV and 125 in VMAX, against full books of 56 and 127.
What only one of them owns
Our book lists 106 positions for VMAX that do not appear in our book for BLCV (84.9% of the fund), and 37 for BLCV that do not appear in VMAX (46.6%).
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 BLCV | Weight in VMAX | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 8.93% | 0.31% | 8.62% |
| AMZNAmazon.Com Inc | 7.87% | 0.59% | 7.28% |
| AAPLApple, Inc | 5.97% | 1.32% | 4.65% |
| METAMeta Platforms Inc | 2.49% | 1.98% | 0.51% |
| CVXChevron Corp | 3.82% | 0.37% | 3.45% |
| MRKMerck & Company Inc | 2.66% | 1.29% | 1.37% |
| WFCWells Fargo & Co. | 2.59% | 1.05% | 1.54% |
| CCitigroup Inc. | 1.86% | 1.64% | 0.22% |
| UNHUnitedhealth Group Incorporated | 2.12% | 1.13% | 0.99% |
| JNJJohnson & Johnson - Common | 2.25% | 0.89% | 1.36% |
50.9% of BLCV is already inside VMAX.
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, BLCV or VMAX?
BLCV has an expense ratio of 0.45% while VMAX charges 0.29%. VMAX is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, BLCV or VMAX?
Over the past year BLCV returned +20.02% vs +21.02% for VMAX, so VMAX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BLCV or VMAX?
BLCV has been the more volatile fund at 12.8% annualized versus 12.2% for VMAX. Worst drawdown: BLCV -13.4% vs VMAX -19.1%.
Should I hold both BLCV and VMAX?
BLCV and VMAX have a monthly-return correlation of 0.81, 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 BLCV and VMAX?
50.9% of BLCV's money is in holdings VMAX also owns. 13.8% of VMAX's is in holdings BLCV also owns. They hold 16 positions in common, counted across the 54 positions we hold weights for in BLCV and 125 in VMAX.
Which pays a higher dividend, BLCV or VMAX?
BLCV yields 1.30% while VMAX yields 2.17%, so VMAX currently pays the higher dividend yield.
Is VMAX better than BLCV?
VMAX has a lower expense ratio. VMAX led over 1Y and the full window. VMAX is less concentrated, with 19.0% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.