AVLV vs. ILCV
Compare and contrast key facts about Avantis U.S. Large Cap Value ETF (AVLV) and iShares Morningstar Value ETF (ILCV).
AVLV and ILCV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVLV is a passively managed fund by American Century Investments that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 21, 2021. ILCV is a passively managed fund by iShares that tracks the performance of the ILCV-US - Morningstar US Large-Mid Cap Broad Value Index. It was launched on Jun 28, 2004. Both AVLV and ILCV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVLV or ILCV.
Key characteristics
| AVLV | ILCV | |
|---|---|---|
| YTD Return | 15.48% | 16.71% |
| 1Y Return | 27.22% | 27.61% |
| 3Y Return (Ann) | 8.96% | 8.71% |
| Sharpe Ratio | 2.50 | 3.07 |
| Sortino Ratio | 3.44 | 4.20 |
| Omega Ratio | 1.44 | 1.57 |
| Calmar Ratio | 3.68 | 0.31 |
| Martin Ratio | 13.86 | 20.57 |
| Ulcer Index | 2.25% | 1.52% |
| Daily Std Dev | 12.49% | 10.21% |
| Max Drawdown | -19.34% | -100.00% |
| Current Drawdown | -2.11% | -99.97% |
Correlation
The correlation between AVLV and ILCV is 0.94, 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
AVLV vs. ILCV - Performance Comparison
In the year-to-date period, AVLV achieves a 15.48% return, which is significantly lower than ILCV's 16.71% 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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AVLV vs. ILCV - Expense Ratio Comparison
AVLV has a 0.15% expense ratio, which is higher than ILCV's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AVLV vs. ILCV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Value ETF (AVLV) and iShares Morningstar Value ETF (ILCV). 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
AVLV vs. ILCV - Dividend Comparison
AVLV's dividend yield for the trailing twelve months is around 1.60%, less than ILCV's 2.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVLV Avantis U.S. Large Cap Value ETF | 1.60% | 1.85% | 2.00% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ILCV iShares Morningstar Value ETF | 2.05% | 2.27% | 2.32% | 2.01% | 2.96% | 2.70% | 2.93% | 2.32% | 2.76% | 3.01% | 2.44% | 2.51% |
Drawdowns
AVLV vs. ILCV - Drawdown Comparison
The maximum AVLV drawdown since its inception was -19.34%, smaller than the maximum ILCV drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for AVLV and ILCV. For additional features, visit the drawdowns tool.
Volatility
AVLV vs. ILCV - Volatility Comparison
Avantis U.S. Large Cap Value ETF (AVLV) has a higher volatility of 2.90% compared to iShares Morningstar Value ETF (ILCV) at 2.57%. This indicates that AVLV's price experiences larger fluctuations and is considered to be riskier than ILCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.