ALVIX vs. VTV
Compare and contrast key facts about American Century Investments Focused Large Cap Value Fund (ALVIX) and Vanguard Value ETF (VTV).
ALVIX is managed by American Century Investments. It was launched on Jul 30, 1999. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALVIX or VTV.
Key characteristics
| ALVIX | VTV | |
|---|---|---|
| YTD Return | 4.06% | 5.58% |
| 1Y Return | 9.19% | 17.12% |
| 3Y Return (Ann) | 5.95% | 7.21% |
| 5Y Return (Ann) | 8.41% | 10.03% |
| 10Y Return (Ann) | 8.12% | 10.00% |
| Sharpe Ratio | 0.91 | 1.59 |
| Daily Std Dev | 9.29% | 10.17% |
| Max Drawdown | -59.66% | -59.27% |
| Current Drawdown | -2.47% | -3.69% |
Correlation
The correlation between ALVIX and VTV is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ALVIX vs. VTV - Performance Comparison
In the year-to-date period, ALVIX achieves a 4.06% return, which is significantly lower than VTV's 5.58% return. Over the past 10 years, ALVIX has underperformed VTV with an annualized return of 8.12%, while VTV has yielded a comparatively higher 10.00% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ALVIX vs. VTV - Expense Ratio Comparison
ALVIX has a 0.83% expense ratio, which is higher than VTV's 0.04% expense ratio.
Risk-Adjusted Performance
ALVIX vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Investments Focused Large Cap Value Fund (ALVIX) and Vanguard Value ETF (VTV). 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.
Dividends
ALVIX vs. VTV - Dividend Comparison
ALVIX's dividend yield for the trailing twelve months is around 3.58%, more than VTV's 2.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALVIX American Century Investments Focused Large Cap Value Fund | 3.58% | 3.63% | 12.50% | 20.50% | 2.19% | 2.45% | 7.25% | 5.49% | 1.79% | 1.33% | 1.33% | 1.51% |
VTV Vanguard Value ETF | 2.46% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
ALVIX vs. VTV - Drawdown Comparison
The maximum ALVIX drawdown since its inception was -59.66%, roughly equal to the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for ALVIX and VTV. For additional features, visit the drawdowns tool.
Volatility
ALVIX vs. VTV - Volatility Comparison
American Century Investments Focused Large Cap Value Fund (ALVIX) and Vanguard Value ETF (VTV) have volatilities of 3.21% and 3.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.