ACLC vs. AVLC

Last updated Jun 27, 2026

ACLC (American Century Large Cap Equity ETF) and AVLC (Avantis U.S. Large Cap Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, ACLC returned 15.94% vs 26.62% for AVLC. With a 0.95 correlation, they move nearly in lockstep. ACLC charges 0.39%/yr vs 0.15%/yr for AVLC.

Performance

ACLC vs. AVLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Large Cap Equity ETF (ACLC) and Avantis U.S. Large Cap Equity ETF (AVLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACLC achieves a 5.55% return, which is significantly lower than AVLC's 12.71% return.

ACLC

• 1D: 0.07%
• 1M: -1.67%
• YTD: 5.55%
• 6M: 4.11%
• 1Y: 15.94%
• 3Y*: 15.91%
• 5Y*: 9.98%
• 10Y*: —

AVLC

• 1D: -0.84%
• 1M: -0.82%
• YTD: 12.71%
• 6M: 11.25%
• 1Y: 26.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACLC vs. AVLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ACLC American Century Large Cap Equity ETF	5.55%	11.80%	19.96%	11.96%
AVLC Avantis U.S. Large Cap Equity ETF	12.71%	17.57%	22.82%	11.76%

Correlation

The correlation between ACLC and AVLC is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.96

The correlation between ACLC and AVLC has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

Return for Risk

ACLC vs. AVLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACLC

ACLC Risk / Return Rank: 38
ACLC Sharpe Ratio Rank: 39
ACLC Sortino Ratio Rank: 37
ACLC Omega Ratio Rank: 36
ACLC Calmar Ratio Rank: 34
ACLC Martin Ratio Rank: 46

AVLC

AVLC Risk / Return Rank: 74
AVLC Sharpe Ratio Rank: 72
AVLC Sortino Ratio Rank: 69
AVLC Omega Ratio Rank: 70
AVLC Calmar Ratio Rank: 75
AVLC Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACLC vs. AVLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Large Cap Equity ETF (ACLC) and Avantis U.S. Large Cap Equity ETF (AVLC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACLC	AVLC	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.05	-0.79
Sortino ratio: Return per unit of downside risk	1.78	2.76	-0.99
Omega ratio: Gain probability vs. loss probability	1.22	1.37	-0.14
Calmar ratio: Return relative to maximum drawdown	1.56	3.34	-1.79
Martin ratio: Return relative to average drawdown	6.66	14.83	-8.18

ACLC vs. AVLC - Sharpe Ratio Comparison

The current ACLC Sharpe Ratio is 1.25, which is lower than the AVLC Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of ACLC and AVLC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACLC vs. AVLC - Drawdown Comparison

The maximum ACLC drawdown since its inception was -26.44%, which is greater than AVLC's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for ACLC and AVLC.

Drawdown Indicators

	ACLC	AVLC	Difference
Max Drawdown Largest peak-to-trough decline	-26.44%	-19.64%	-6.80%
Max Drawdown (1Y) Largest decline over 1 year	-10.28%	-8.00%	-2.28%
Max Drawdown (3Y) Largest decline over 3 years	-20.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.44%	—	—
Current Drawdown Current decline from peak	-3.55%	-2.25%	-1.30%
Average Drawdown Average peak-to-trough decline	-5.84%	-1.97%	-3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	1.80%	+0.60%

Volatility

ACLC vs. AVLC - Volatility Comparison

The current volatility for American Century Large Cap Equity ETF (ACLC) is 4.74%, while Avantis U.S. Large Cap Equity ETF (AVLC) has a volatility of 5.16%. This indicates that ACLC experiences smaller price fluctuations and is considered to be less risky than AVLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACLC	AVLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	5.16%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	10.19%	10.24%	-0.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	13.10%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.27%	15.79%	+1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	15.79%	+1.33%

ACLC vs. AVLC - Expense Ratio Comparison

ACLC has a 0.39% expense ratio, which is higher than AVLC's 0.15% expense ratio.

Dividends

ACLC vs. AVLC - Dividend Comparison

ACLC's dividend yield for the trailing twelve months is around 0.55%, less than AVLC's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ACLC American Century Large Cap Equity ETF	0.55%	0.64%	0.89%	1.09%	1.10%	0.72%	0.43%
AVLC Avantis U.S. Large Cap Equity ETF	0.83%	0.92%	1.09%	0.38%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACLC and AVLC in my portfolio?

With a correlation of 0.94, ACLC and AVLC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ACLC or AVLC?

AVLC has higher volatility (5.16%) compared to ACLC (4.74%). In terms of maximum drawdown, ACLC dropped -26.44% vs AVLC's -19.64%.

Which ETF is better, ACLC or AVLC?

On 1-year performance, AVLC leads with 26.62% vs 15.94% for ACLC. On fees, AVLC is cheaper at 0.15% per year. On volatility, ACLC has been the lower-risk option at 4.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACLC or AVLC?

Over the 1-year period, AVLC has performed better with a 26.62% return vs 15.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACLC or AVLC?

AVLC is cheaper with a 0.15% expense ratio, compared with 0.39% for ACLC.

Which ETF pays a higher dividend yield, ACLC or AVLC?

AVLC has the higher dividend yield at 0.83%, compared with 0.55% for ACLC.

What is the main difference between ACLC and AVLC?

They also come from different issuers: American Century and Avantis. Their fees differ too: 0.39% for ACLC and 0.15% for AVLC.

Which has better risk-adjusted returns?

AVLC currently has the higher Sharpe Ratio (2.05 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.