MFSV vs VLLU
MFS Active Value ETF vs Harbor AlphaEdge Large Cap Value ETF
Which is better, MFSV or VLLU?
VLLU has been ahead.
VLLU has a lower expense ratio. VLLU led over 1Y and the full window. MFSV is less concentrated, with 32.9% of the fund in its ten largest positions against 37.4%.
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 | VLLU |
|---|---|---|
| Expense Ratio | 0.44% | 0.25%Best |
| AUM | $618M | $5M |
| Dividend Yield | 1.41% | 1.35% |
| Holdings | 64 | 75 |
| Volatility (annualized) | 8.9% | 8.2%Best |
| Max Drawdown | -12.7%Best | -15.8% |
| $10,000 over 1.7 years | $12,189 | $12,586Best |
| Top 10 Weight | 32.9%Best | 37.4% |
| Fund Family | MFS Investment Management | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 5, 2024 | Sep 3, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 47 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 VLLU through Aug 28, 2026.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 5, 2024 to Aug 28, 2026 (1.7 years).
Risk: Volatility and Drawdowns
MFSV has been the more volatile fund, with annualized monthly volatility of 8.9% compared with 8.2% for VLLU. 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 -15.8% for VLLU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MFSV charges 0.44% per year while VLLU charges 0.25%. On a $10,000 position that is $44 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, MFSV currently yields 1.41% against 1.35% for VLLU.
Holdings Overlap
31.0% of MFSV's money is in holdings VLLU also owns. 26.6% of VLLU's money is in holdings MFSV also owns.
The two portfolios partly overlap.
The two holdings books were reported 77 days apart, MFSV as of Sep 15, 2026 and VLLU as of Jun 30, 2026, 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 74 in VLLU, against full books of 64 and 75.
What only one of them owns
Our book lists 55 positions for VLLU that do not appear in our book for MFSV (70.9% of the fund), and 44 for MFSV that do not appear in VLLU (65.7%).
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 VLLU | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc | 0.82% | 6.15% | 5.33% |
| AAPLApple, Inc | 3.09% | 3.51% | 0.42% |
| JNJJohnson & Johnson - Common | 1.66% | 4.75% | 3.09% |
| BACBank Of America Corp | 2.25% | 3.30% | 1.05% |
| JPMJpmorgan Chase | 4.50% | 0.58% | 3.92% |
| GDGeneral Dynamics Corp. | 1.58% | 2.85% | 1.27% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 3.04% | 0.68% | 2.36% |
| CVXChevron Corp | 2.29% | 0.96% | 1.33% |
| COPConocophillips Common Stock USD 0.01 | 2.14% | 0.57% | 1.57% |
| DUKDuke Energy Corp | 1.95% | 0.51% | 1.44% |
31.0% of MFSV is already inside VLLU.
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 VLLU?
MFSV has an expense ratio of 0.44% while VLLU charges 0.25%. VLLU is the cheaper option, by $19 a year on a $10,000 investment.
Which is riskier, MFSV or VLLU?
MFSV has been the more volatile fund at 8.9% annualized versus 8.2% for VLLU. Worst drawdown: MFSV -12.7% vs VLLU -15.8%.
Should I hold both MFSV and VLLU?
MFSV and VLLU have a monthly-return correlation of 0.71, 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 VLLU?
31.0% of MFSV's money is in holdings VLLU also owns. 26.6% of VLLU'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 74 in VLLU.
Which pays a higher dividend, MFSV or VLLU?
MFSV yields 1.41% while VLLU yields 1.35%, so MFSV currently pays the higher dividend yield.
Is VLLU better than MFSV?
VLLU has a lower expense ratio. VLLU led over 1Y and the full window. MFSV is less concentrated, with 32.9% of the fund in its ten largest positions against 37.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.