CVAR vs VFVA
Cultivar ETF vs Vanguard US Value Factor ETF
Which is better, CVAR or VFVA?
VFVA has been ahead.
VFVA has a lower expense ratio. VFVA led over 1Y, 3Y and the full window. VFVA is less concentrated, with 7.5% of the fund in its ten largest positions against 25.1%.
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 | CVAR | VFVA |
|---|---|---|
| Expense Ratio | 0.87% | 0.13%Best |
| AUM | $45M | $897M |
| Dividend Yield | 1.37% | 1.90% |
| Holdings | 271 | 693 |
| YTD Return | +8.68% | +15.66%Best |
| 1Y Return | +10.09% | +22.16%Best |
| 3Y Return (annualized) | +12.44% | +17.81%Best |
| 5Y Return (annualized) | - | +10.70% |
| Volatility (annualized) | 15.8%Best | 19.6% |
| Max Drawdown | -19.4%Best | -24.1% |
| $10,000 over 4.8 years | $13,535 | $16,275Best |
| Top 10 Weight | 25.1% | 7.5%Best |
| Fund Family | Cultivar ETF | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Dec 22, 2021 | Feb 13, 2018 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 23, 2021 to Oct 14, 2026 (4.8 years).
CVAR vs VFVA 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 4.8 years both funds cover.
CVAR vs VFVA Performance
Cultivar ETF (CVAR) is an ETF from Cultivar ETF and Vanguard US Value Factor ETF (VFVA) is an ETF from Vanguard (US). Over the past year CVAR returned +10.09% while VFVA returned +22.16%. Year to date, CVAR is up 8.68% versus a gain of 15.66% for VFVA.
Over three years, CVAR compounded at +12.44% per year against +17.81% for VFVA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VFVA has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 15.8% for CVAR. 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 -19.4% for CVAR and -24.1% for VFVA. 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
CVAR charges 0.87% per year while VFVA charges 0.13%. On a $10,000 position that is $87 vs $13 annually, a gap of $74 per year that compounds over a long holding period. On income, CVAR currently yields 1.37% against 1.90% for VFVA.
Holdings Overlap
38.9% of CVAR's money is in holdings VFVA also owns. 10.6% of VFVA's money is in holdings CVAR also owns.
The two portfolios partly overlap.
36 positions in common, counted across the 90 positions we hold weights for in CVAR and 691 in VFVA, against full books of 271 and 693.
What only one of them owns
Our book lists 637 positions for VFVA that do not appear in our book for CVAR (86.9% of the fund), and 47 for CVAR that do not appear in VFVA (54.1%).
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 CVAR | Weight in VFVA | Difference |
|---|---|---|---|
| ACNAccenture Plc | 1.63% | 0.64% | 0.99% |
| CRMSalesforce Inc Crm Us Equity | 1.53% | 0.69% | 0.84% |
| INTUIntuit, Inc. | 1.62% | 0.47% | 1.15% |
| HUMHumana Inc. | 1.99% | 0.03% | 1.96% |
| DGDollar General Corp. | 1.87% | 0.12% | 1.75% |
| BIIBBiogen Inc. Com | 1.62% | 0.24% | 1.38% |
| NEMNewmont Corp Common | 1.25% | 0.55% | 0.70% |
| MDTMedtronic Plc Ordinary Shares | 1.14% | 0.55% | 0.59% |
| CVSCvs Health Corp | 1.09% | 0.60% | 0.49% |
| ADBEAdobe Systems | 1.27% | 0.39% | 0.88% |
38.9% of CVAR is already inside VFVA.
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, CVAR or VFVA?
CVAR has an expense ratio of 0.87% while VFVA charges 0.13%. VFVA is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, CVAR or VFVA?
Over the past year CVAR returned +10.09% vs +22.16% for VFVA, so VFVA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CVAR or VFVA?
VFVA has been the more volatile fund at 19.6% annualized versus 15.8% for CVAR. Worst drawdown: CVAR -19.4% vs VFVA -24.1%.
Should I hold both CVAR and VFVA?
CVAR and VFVA 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 CVAR and VFVA?
38.9% of CVAR's money is in holdings VFVA also owns. 10.6% of VFVA's is in holdings CVAR also owns. They hold 36 positions in common, counted across the 90 positions we hold weights for in CVAR and 691 in VFVA.
Which pays a higher dividend, CVAR or VFVA?
CVAR yields 1.37% while VFVA yields 1.90%, so VFVA currently pays the higher dividend yield.
Is VFVA better than CVAR?
VFVA has a lower expense ratio. VFVA led over 1Y, 3Y and the full window. VFVA is less concentrated, with 7.5% of the fund in its ten largest positions against 25.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.