AVLC vs VOO

Quick Verdict

VOO has a lower expense ratio. AVLC delivered stronger 1-year returns. AVLC offers more diversification with 809 holdings.

Lower Fees: VOOHigher Returns: AVLCMore Diversified: AVLC

Side-by-Side Comparison

MetricAVLCVOOWinner
Expense Ratio0.15%0.03%
AUM$1.4B$979.0B
Dividend Yield0.82%1.09%
Holdings865509
YTD Return+16.81%+13.53%
1Y Return+27.97%+23.65%
3Y Return (annualized)-+21.27%
5Y Return (annualized)-+13.52%
Volatility (annualized)12.9%14.1%
Max Drawdown-19.6%-34.3%
Fund FamilyAvantis InvestorsVanguard (US)
CategoryEquityEquity
InceptionSep 26, 2023Sep 7, 2010

AVLC vs VOO Performance

Avantis US Large Cap Equity ETF (AVLC) is a ETF from Avantis Investors and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year AVLC returned +27.97% while VOO returned +23.65%. Year to date, AVLC is up 16.81% versus a gain of 13.53% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.9% for AVLC. 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 -19.6% for AVLC and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

AVLC charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, AVLC currently yields 0.82% against 1.09% for VOO.

Holdings Overlap

73.1%overlap

AVLC and VOO share 435 holdings out of 879 unique holdings combined, representing a 73.1% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in AVLCWeight in VOODifference
NVDA5.27%7.51%2.24%
AAPL5.68%6.59%0.91%
MSFT3.57%4.30%0.73%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
MUProProPro
METAProProPro
GOOGProProPro
LLYProProPro
See all 10 holdings AVLC shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, AVLC or VOO?

AVLC has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, AVLC or VOO?

Over the past year AVLC returned +27.97% vs +23.65% for VOO, so AVLC leads on 1-year performance. Over the longest common window we track (3 years), AVLC annualized +25.32% vs +13.57% for VOO. Past performance does not guarantee future results.

Which is riskier, AVLC or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.9% for AVLC. Worst drawdown: AVLC -19.6% vs VOO -34.3%.

Should I hold both AVLC and VOO?

AVLC and VOO have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between AVLC and VOO?

AVLC and VOO share 435 common holdings with a 73.1% weight overlap. Combined, they hold 879 unique securities.

Which pays a higher dividend, AVLC or VOO?

AVLC yields 0.82% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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