MFSV vs QUVU
MFS Active Value ETF vs Hartford Quality Value ETF
Which is better, MFSV or QUVU?
Each has led over a different period.
MFSV has a lower expense ratio. MFSV led over the full window, QUVU over 1Y. The two have moved almost in lockstep, correlation 0.92. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 32.9%.
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 | MFSV | QUVU |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.45% |
| AUM | $618M | $174M |
| Dividend Yield | 1.41% | 1.87% |
| Holdings | 64 | 72 |
| Volatility (annualized) | 9.1%Best | 11.2% |
| Max Drawdown | -12.7% | -12.1%Best |
| $10,000 over 1.4 years | $11,343Best | $11,242 |
| Top 10 Weight | 32.9% | 25.8%Best |
| Fund Family | MFS Investment Management | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 5, 2024 | Oct 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 168 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. MFSV has data through Oct 14, 2026 and QUVU through Apr 29, 2026.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Dec 5, 2024 to Apr 29, 2026 (1.4 years).
Risk: Volatility and Drawdowns
QUVU has been the more volatile fund, with annualized monthly volatility of 11.2% compared with 9.1% for MFSV. 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 -12.7% for MFSV and -12.1% for QUVU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MFSV charges 0.44% per year while QUVU charges 0.45%. On a $10,000 position that is $44 vs $45 annually, a gap of $1 per year that compounds over a long holding period. On income, MFSV currently yields 1.41% against 1.87% for QUVU.
Holdings Overlap
33.9% of MFSV's money is in holdings QUVU also owns. 25.4% of QUVU's money is in holdings MFSV also owns.
The two portfolios partly overlap.
The two holdings books were reported 258 days apart, MFSV as of Sep 15, 2026 and QUVU as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
15 positions in common, counted across the 60 positions we hold weights for in MFSV and 70 in QUVU, against full books of 64 and 72.
What only one of them owns
Our book lists 50 positions for QUVU that do not appear in our book for MFSV (67.5% of the fund), and 44 for MFSV that do not appear in QUVU (62.8%).
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 MFSV | Weight in QUVU | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.28% | 1.25% | 4.03% |
| MSFTMicrosoft Corp | 5.35% | 1.16% | 4.19% |
| GOOGLAlphabet Inc | 0.82% | 5.56% | 4.74% |
| JPMJpmorgan Chase | 4.50% | 1.16% | 3.34% |
| BACBank Of America Corp | 2.25% | 2.55% | 0.30% |
| MSMorgan Stanley | 2.15% | 1.69% | 0.46% |
| DUKDuke Energy Corp | 1.95% | 1.38% | 0.57% |
| COPConocophillips Common Stock USD 0.01 | 2.14% | 1.01% | 1.13% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 1.31% | 1.82% | 0.51% |
| WFCWells Fargo & Co. | 1.95% | 1.17% | 0.78% |
33.9% of MFSV is already inside QUVU.
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, MFSV or QUVU?
MFSV has an expense ratio of 0.44% while QUVU charges 0.45%. MFSV is the cheaper option, by $1 a year on a $10,000 investment.
Which is riskier, MFSV or QUVU?
QUVU has been the more volatile fund at 11.2% annualized versus 9.1% for MFSV. Worst drawdown: MFSV -12.7% vs QUVU -12.1%.
Should I hold both MFSV and QUVU?
MFSV and QUVU have a monthly-return correlation of 0.92, 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 MFSV and QUVU?
33.9% of MFSV's money is in holdings QUVU also owns. 25.4% of QUVU's is in holdings MFSV also owns. They hold 15 positions in common, counted across the 60 positions we hold weights for in MFSV and 70 in QUVU.
Which pays a higher dividend, MFSV or QUVU?
MFSV yields 1.41% while QUVU yields 1.87%, so QUVU currently pays the higher dividend yield.
Is QUVU better than MFSV?
MFSV has a lower expense ratio. MFSV led over the full window, QUVU over 1Y. The two have moved almost in lockstep, correlation 0.92. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 32.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.