AVLC vs. AVUV

Last updated Jun 24, 2026

AVLC (Avantis U.S. Large Cap Equity ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - AVLC is a Large Cap Blend Equities fund actively managed by Avantis, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. Both are actively managed. Over the past year, AVLC returned 29.38% vs 38.38% for AVUV. A 0.76 correlation means they provide meaningful diversification when combined. AVLC charges 0.15%/yr vs 0.25%/yr for AVUV.

Performance

AVLC vs. AVUV - Performance Comparison

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

Returns By Period

In the year-to-date period, AVLC achieves a 12.96% return, which is significantly lower than AVUV's 20.76% return.

AVLC

• 1D: -1.55%
• 1M: 0.32%
• YTD: 12.96%
• 6M: 11.82%
• 1Y: 29.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVUV

• 1D: 0.00%
• 1M: 2.33%
• YTD: 20.76%
• 6M: 18.72%
• 1Y: 38.38%
• 3Y*: 20.03%
• 5Y*: 11.59%
• 10Y*: —

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

AVLC vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVLC Avantis U.S. Large Cap Equity ETF	12.96%	17.57%	22.82%	11.76%
AVUV Avantis US Small Cap Value ETF	20.76%	7.44%	9.28%	16.43%

Correlation

The correlation between AVLC and AVUV is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.76

The correlation between AVLC and AVUV has been stable across timeframes, ranging from 0.72 to 0.76 - a consistent structural relationship.

AVLC vs. AVUV - Sectors Allocation Comparison

Sectors	AVLC	AVUV
Technology	34.2%	7.4%
Financial Services	12.8%	26.1%
Industrials	11.0%	13.6%
Consumer Cyclical	10.7%	18.7%
Communication Services	8.7%	3.1%
Healthcare	7.2%	4.8%
Energy	6.5%	15.8%
Consumer Defensive	4.4%	4.7%
Utilities	2.3%	0.1%
Basic Materials	2.2%	5.1%
Real Estate	0.1%	0.7%

Return for Risk

AVLC vs. AVUV — Risk / Return Rank

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

AVLC

AVLC Risk / Return Rank: 75
AVLC Sharpe Ratio Rank: 74
AVLC Sortino Ratio Rank: 71
AVLC Omega Ratio Rank: 72
AVLC Calmar Ratio Rank: 76
AVLC Martin Ratio Rank: 84

AVUV

AVUV Risk / Return Rank: 75
AVUV Sharpe Ratio Rank: 70
AVUV Sortino Ratio Rank: 73
AVUV Omega Ratio Rank: 65
AVUV Calmar Ratio Rank: 87
AVUV Martin Ratio Rank: 77

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.

AVLC vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Equity ETF (AVLC) and Avantis US Small Cap Value ETF (AVUV). 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.

	AVLC	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.19	+0.07
Sortino ratio: Return per unit of downside risk	3.02	3.13	-0.10
Omega ratio: Gain probability vs. loss probability	1.40	1.38	+0.03
Calmar ratio: Return relative to maximum drawdown	3.69	4.85	-1.16
Martin ratio: Return relative to average drawdown	16.49	14.37	+2.12

AVLC vs. AVUV - Sharpe Ratio Comparison

The current AVLC Sharpe Ratio is 2.25, which is comparable to the AVUV Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of AVLC and AVUV, 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

AVLC vs. AVUV - Drawdown Comparison

The maximum AVLC drawdown since its inception was -19.64%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for AVLC and AVUV.

Drawdown Indicators

	AVLC	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-19.64%	-49.42%	+29.78%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-7.95%	-0.05%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.79%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.79%	—
Current Drawdown Current decline from peak	-2.04%	-1.61%	-0.43%
Average Drawdown Average peak-to-trough decline	-1.97%	-7.89%	+5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.68%	-0.89%

Volatility

AVLC vs. AVUV - Volatility Comparison

Avantis U.S. Large Cap Equity ETF (AVLC) has a higher volatility of 5.14% compared to Avantis US Small Cap Value ETF (AVUV) at 4.28%. This indicates that AVLC's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVLC	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	4.28%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	10.23%	11.39%	-1.16%
Volatility (1Y) Calculated over the trailing 1-year period	13.11%	17.63%	-4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.81%	22.65%	-6.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	28.22%	-12.41%

AVLC vs. AVUV - Expense Ratio Comparison

AVLC has a 0.15% expense ratio, which is lower than AVUV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVLC vs. AVUV - Dividend Comparison

AVLC's dividend yield for the trailing twelve months is around 1.05%, less than AVUV's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVLC Avantis U.S. Large Cap Equity ETF	1.05%	0.92%	1.09%	0.38%	0.00%	0.00%	0.00%	0.00%
AVUV Avantis US Small Cap Value ETF	1.63%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%

Frequently Asked Questions

Can I hold both AVLC and AVUV in my portfolio?

AVLC and AVUV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVLC or AVUV?

AVLC has higher volatility (5.14%) compared to AVUV (4.28%). In terms of maximum drawdown, AVLC dropped -19.64% vs AVUV's -49.42%.

Which ETF is better, AVLC or AVUV?

On 1-year performance, AVUV leads with 38.38% vs 29.38% for AVLC. On fees, AVLC is cheaper at 0.15% per year. On volatility, AVUV has been the lower-risk option at 4.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVLC or AVUV?

Over the 1-year period, AVUV has performed better with a 38.38% return vs 29.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVLC or AVUV?

AVLC is cheaper with a 0.15% expense ratio, compared with 0.25% for AVUV.

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

AVUV has the higher dividend yield at 1.63%, compared with 1.05% for AVLC.

What is the main difference between AVLC and AVUV?

AVLC is categorized as Large Cap Blend Equities, while AVUV is Small Cap Value Equities. Their fees differ too: 0.15% for AVLC and 0.25% for AVUV.

Which has better risk-adjusted returns?

AVLC currently has the higher Sharpe Ratio (2.25 vs 2.19), 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.