AVLV vs IVV
AVLV vs IVV
Avantis US Large Cap Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. AVLV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AVLV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $17.7B | $865.2B | |
| Dividend Yield | 1.07% | 1.09% | |
| Holdings | 263 | 508 | |
| YTD Return | +22.44% | +13.31% | |
| 1Y Return | +37.16% | +24.00% | |
| 3Y Return (annualized) | +20.89% | +21.16% | |
| 5Y Return (annualized) | - | +13.34% | |
| Volatility (annualized) | 16.6% | 15.1% | |
| Max Drawdown | -19.5% | -56.5% | |
| Fund Family | Avantis Investors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2021 | May 15, 2000 |
AVLV vs IVV Performance
Avantis US Large Cap Value ETF (AVLV) is a ETF from Avantis Investors and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year AVLV returned +37.16% while IVV returned +24.00%. Year to date, AVLV is up 22.44% versus a gain of 13.31% for IVV.
Over three years, AVLV compounded at +20.89% per year against +21.16% for IVV. Across the full 5-year window we track, AVLV has the edge at +15.01% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVLV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 15.1% for IVV. 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 -19.5% for AVLV and -56.5% for IVV. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVLV charges 0.15% per year while IVV 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, AVLV currently yields 1.07% against 1.09% for IVV.
Holdings Overlap
AVLV and IVV share 127 holdings out of 647 unique holdings combined, representing a 27.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVLV | Weight in IVV | Difference |
|---|---|---|---|
| AAPL | 3.11% | 7.44% | 4.33% |
| MSFT | 1.99% | 4.57% | 2.58% |
| AMZN | 2.65% | 3.75% | 1.10% |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| UNP | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings AVLV shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, AVLV or IVV?
AVLV has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, AVLV or IVV?
Over the past year AVLV returned +37.16% vs +24.00% for IVV, so AVLV leads on 1-year performance. Over the longest common window we track (5 years), AVLV annualized +15.01% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, AVLV or IVV?
AVLV has been the more volatile fund at 16.6% annualized versus 15.1% for IVV. Worst drawdown: AVLV -19.5% vs IVV -56.5%.
Should I hold both AVLV and IVV?
AVLV and IVV have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVLV and IVV?
AVLV and IVV share 127 common holdings with a 27.3% weight overlap. Combined, they hold 647 unique securities.
Which pays a higher dividend, AVLV or IVV?
AVLV yields 1.07% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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