GVLE vs TVAL
Goldman Sachs Value Opportunities ETF vs T. Rowe Price Value ETF
Which is better, GVLE or TVAL?
TVAL has been ahead.
TVAL has a lower expense ratio. TVAL led over 1Y. TVAL is less concentrated, with 29.8% of the fund in its ten largest positions against 49.5%.
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 | GVLE | TVAL |
|---|---|---|
| Expense Ratio | 0.45% | 0.33%Best |
| AUM | $40M | $1.1B |
| Dividend Yield | 1.00% | 0.97% |
| Holdings | 62 | 155 |
| YTD Return | +17.21% | +20.77%Best |
| 1Y Return | +23.05% | +27.42%Best |
| 3Y Return (annualized) | - | +20.43% |
| Top 10 Weight | 49.5% | 29.8%Best |
| Fund Family | Goldman Sachs Asset Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 31, 2015 | Jun 14, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
GVLE vs TVAL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GVLE vs TVAL Performance
Goldman Sachs Value Opportunities ETF (GVLE) is an ETF from Goldman Sachs Asset Management and T. Rowe Price Value ETF (TVAL) is an ETF from T.Rowe Price. Over the past year GVLE returned +23.05% while TVAL returned +27.42%. Year to date, GVLE is up 17.21% versus a gain of 20.77% for TVAL.
Past performance does not guarantee future results.
Fees and Cost Over Time
GVLE charges 0.45% per year while TVAL charges 0.33%. On a $10,000 position that is $45 vs $33 annually, a gap of $12 per year that compounds over a long holding period. On income, GVLE currently yields 1.00% against 0.97% for TVAL.
Holdings Overlap
76.0% of GVLE's money is in holdings TVAL also owns. 28.6% of TVAL's money is in holdings GVLE also owns.
Most of GVLE is already inside TVAL. Owning both mostly buys the same companies twice.
22 positions in common, counted across the 32 positions we hold weights for in GVLE and 148 in TVAL, against full books of 62 and 155.
What only one of them owns
Our book lists 118 positions for TVAL that do not appear in our book for GVLE (66.7% of the fund), and 9 for GVLE that do not appear in TVAL (19.6%).
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 GVLE | Weight in TVAL | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 9.29% | 5.15% | 4.14% |
| AMZNAmazon.Com Inc | 7.82% | 6.50% | 1.32% |
| JPMJpmorgan Chase | 4.40% | 1.74% | 2.66% |
| COPConocophillips Common Stock USD 0.01 | 3.98% | 1.94% | 2.04% |
| MRKMerck & Company Inc | 4.77% | 1.09% | 3.68% |
| TMOThermo Fisherscientific Inc. | 4.14% | 0.75% | 3.39% |
| PGProcter & Gamble Company | 3.29% | 1.59% | 1.70% |
| JNJJohnson & Johnson - Common | 3.00% | 1.82% | 1.18% |
| WMTWalmart, Inc. | 3.40% | 0.92% | 2.48% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.99% | 0.27% | 3.72% |
76.0% of GVLE is already inside TVAL.
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, GVLE or TVAL?
GVLE has an expense ratio of 0.45% while TVAL charges 0.33%. TVAL is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, GVLE or TVAL?
Over the past year GVLE returned +23.05% vs +27.42% for TVAL, so TVAL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between GVLE and TVAL?
76.0% of GVLE's money is in holdings TVAL also owns. 28.6% of TVAL's is in holdings GVLE also owns. They hold 22 positions in common, counted across the 32 positions we hold weights for in GVLE and 148 in TVAL.
Which pays a higher dividend, GVLE or TVAL?
GVLE yields 1.00% while TVAL yields 0.97%, so GVLE currently pays the higher dividend yield.
Is TVAL better than GVLE?
TVAL has a lower expense ratio. TVAL led over 1Y. TVAL is less concentrated, with 29.8% of the fund in its ten largest positions against 49.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.