AVLC vs. OEF

Last updated Jun 24, 2026

AVLC (Avantis U.S. Large Cap Equity ETF) and OEF (iShares S&P 100 ETF) are both Large Cap Blend Equities funds. AVLC is actively managed, while OEF is passively managed. Over the past year, AVLC returned 29.38% vs 23.70% for OEF. Their correlation of 0.92 suggests significant overlap in exposure. AVLC charges 0.15%/yr vs 0.20%/yr for OEF.

Performance

AVLC vs. OEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Large Cap Equity ETF (AVLC) and iShares S&P 100 ETF (OEF). 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 higher than OEF's 5.60% return.

AVLC

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

OEF

• 1D: -1.41%
• 1M: -2.70%
• YTD: 5.60%
• 6M: 4.83%
• 1Y: 23.70%
• 3Y*: 22.31%
• 5Y*: 14.45%
• 10Y*: 16.63%

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

AVLC vs. OEF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVLC Avantis U.S. Large Cap Equity ETF	12.96%	17.57%	22.82%	11.76%
OEF iShares S&P 100 ETF	5.60%	19.80%	30.74%	12.12%

Correlation

The correlation between AVLC and OEF is 0.91, 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	0.91
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	0.92

The correlation between AVLC and OEF has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

AVLC vs. OEF — 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

OEF

OEF Risk / Return Rank: 51
OEF Sharpe Ratio Rank: 54
OEF Sortino Ratio Rank: 51
OEF Omega Ratio Rank: 53
OEF Calmar Ratio Rank: 45
OEF Martin Ratio Rank: 52

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. OEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Equity ETF (AVLC) and iShares S&P 100 ETF (OEF). 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	OEF	Difference
Sharpe ratio: Return per unit of total volatility	2.25	1.78	+0.48
Sortino ratio: Return per unit of downside risk	3.02	2.42	+0.60
Omega ratio: Gain probability vs. loss probability	1.40	1.32	+0.08
Calmar ratio: Return relative to maximum drawdown	3.69	2.15	+1.54
Martin ratio: Return relative to average drawdown	16.49	8.71	+7.78

AVLC vs. OEF - Sharpe Ratio Comparison

The current AVLC Sharpe Ratio is 2.25, which is comparable to the OEF Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of AVLC and OEF, 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. OEF - Drawdown Comparison

The maximum AVLC drawdown since its inception was -19.64%, smaller than the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for AVLC and OEF.

Drawdown Indicators

	AVLC	OEF	Difference
Max Drawdown Largest peak-to-trough decline	-19.64%	-54.11%	+34.47%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-11.06%	+3.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.44%	—
Current Drawdown Current decline from peak	-2.04%	-4.48%	+2.44%
Average Drawdown Average peak-to-trough decline	-1.97%	-11.74%	+9.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.73%	-0.94%

Volatility

AVLC vs. OEF - Volatility Comparison

Avantis U.S. Large Cap Equity ETF (AVLC) and iShares S&P 100 ETF (OEF) have volatilities of 5.14% and 5.27%, 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.

Volatility by Period

	AVLC	OEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	5.27%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	10.23%	10.57%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	13.11%	13.42%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.81%	17.81%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	18.48%	-2.67%

AVLC vs. OEF - Expense Ratio Comparison

AVLC has a 0.15% expense ratio, which is lower than OEF's 0.20% 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. OEF - Dividend Comparison

AVLC's dividend yield for the trailing twelve months is around 1.05%, more than OEF's 0.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLC Avantis U.S. Large Cap Equity ETF	1.05%	0.92%	1.09%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OEF iShares S&P 100 ETF	0.89%	0.81%	1.03%	1.19%	1.55%	1.06%	1.43%	1.87%	2.09%	1.81%	2.07%	2.11%

Frequently Asked Questions

Can I hold both AVLC and OEF in my portfolio?

With a correlation of 0.91, AVLC and OEF 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, AVLC or OEF?

OEF has higher volatility (5.27%) compared to AVLC (5.14%). In terms of maximum drawdown, AVLC dropped -19.64% vs OEF's -54.11%.

Which ETF is better, AVLC or OEF?

On 1-year performance, AVLC leads with 29.38% vs 23.70% for OEF. On fees, AVLC is cheaper at 0.15% per year. On volatility, AVLC has been the lower-risk option at 5.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVLC or OEF?

Over the 1-year period, AVLC has performed better with a 29.38% return vs 23.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVLC or OEF?

AVLC is cheaper with a 0.15% expense ratio, compared with 0.20% for OEF.

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

AVLC has the higher dividend yield at 1.05%, compared with 0.89% for OEF.

What is the main difference between AVLC and OEF?

They also come from different issuers: Avantis and iShares. Their fees differ too: 0.15% for AVLC and 0.20% for OEF.

Which has better risk-adjusted returns?

AVLC currently has the higher Sharpe Ratio (2.25 vs 1.78), 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.