MFSV vs TVAL
MFS Active Value ETF vs T. Rowe Price Value ETF
Which is better, MFSV or TVAL?
TVAL has been ahead.
TVAL has a lower expense ratio. TVAL led over 1Y and the full window. TVAL is less concentrated, with 29.8% 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 | TVAL |
|---|---|---|
| Expense Ratio | 0.44% | 0.33%Best |
| AUM | $618M | $1.1B |
| Dividend Yield | 1.41% | 0.97% |
| Holdings | 64 | 155 |
| YTD Return | +9.21% | +20.77%Best |
| 1Y Return | +12.64% | +27.42%Best |
| 3Y Return (annualized) | - | +20.43% |
| Volatility (annualized) | 9.6%Best | 10.8% |
| Max Drawdown | -12.7%Best | -14.6% |
| $10,000 over 1.9 years | $11,981 | $13,288Best |
| Top 10 Weight | 32.9% | 29.8%Best |
| Fund Family | MFS Investment Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 5, 2024 | Jun 14, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
MFSV 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 covers the 1.9 years both funds cover.
MFSV vs TVAL Performance
MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management and T. Rowe Price Value ETF (TVAL) is an ETF from T.Rowe Price. Over the past year MFSV returned +12.64% while TVAL returned +27.42%. Year to date, MFSV is up 9.21% versus a gain of 20.77% for TVAL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TVAL has been the more volatile fund, with annualized monthly volatility of 10.8% compared with 9.6% 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 -14.6% for TVAL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MFSV charges 0.44% per year while TVAL charges 0.33%. On a $10,000 position that is $44 vs $33 annually, a gap of $11 per year that compounds over a long holding period. On income, MFSV currently yields 1.41% against 0.97% for TVAL.
Holdings Overlap
63.6% of MFSV's money is in holdings TVAL also owns. 39.6% of TVAL's money is in holdings MFSV also owns.
The two portfolios partly overlap.
32 positions in common, counted across the 60 positions we hold weights for in MFSV and 148 in TVAL, against full books of 64 and 155.
What only one of them owns
Our book lists 108 positions for TVAL that do not appear in our book for MFSV (55.7% of the fund), and 27 for MFSV that do not appear in TVAL (33.1%).
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 MFSV | Weight in TVAL | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.28% | 6.50% | 1.22% |
| MSFTMicrosoft Corp | 5.35% | 5.15% | 0.20% |
| AAPLApple, Inc | 3.09% | 5.78% | 2.69% |
| JPMJpmorgan Chase | 4.50% | 1.74% | 2.76% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 3.04% | 2.02% | 1.02% |
| COPConocophillips Common Stock USD 0.01 | 2.14% | 1.94% | 0.20% |
| JNJJohnson & Johnson - Common | 1.66% | 1.82% | 0.16% |
| BACBank Of America Corp | 2.25% | 1.02% | 1.23% |
| CVXChevron Corp | 2.29% | 0.71% | 1.58% |
| WFCWells Fargo & Co. | 1.95% | 1.01% | 0.94% |
63.6% of MFSV 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.
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Frequently Asked Questions
Which is cheaper, MFSV or TVAL?
MFSV has an expense ratio of 0.44% while TVAL charges 0.33%. TVAL is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, MFSV or TVAL?
Over the past year MFSV returned +12.64% vs +27.42% for TVAL, so TVAL leads on 1-year performance. Over the longest common window we track (2 years), MFSV annualized +9.98% vs +16.14% for TVAL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MFSV or TVAL?
TVAL has been the more volatile fund at 10.8% annualized versus 9.6% for MFSV. Worst drawdown: MFSV -12.7% vs TVAL -14.6%.
Should I hold both MFSV and TVAL?
MFSV and TVAL have a monthly-return correlation of 0.86, 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 MFSV and TVAL?
63.6% of MFSV's money is in holdings TVAL also owns. 39.6% of TVAL's is in holdings MFSV also owns. They hold 32 positions in common, counted across the 60 positions we hold weights for in MFSV and 148 in TVAL.
Which pays a higher dividend, MFSV or TVAL?
MFSV yields 1.41% while TVAL yields 0.97%, so MFSV currently pays the higher dividend yield.
Is TVAL better than MFSV?
TVAL has a lower expense ratio. TVAL led over 1Y and the full window. TVAL is less concentrated, with 29.8% 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.