FFLV vs. AVLV
Compare and contrast key facts about Fidelity Fundamental Large Cap Value ETF (FFLV) and Avantis U.S. Large Cap Value ETF (AVLV).
FFLV and AVLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFLV is an actively managed fund by Fidelity. It was launched on Feb 22, 2024. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLV or AVLV.
Correlation
The correlation between FFLV and AVLV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FFLV vs. AVLV - Performance Comparison
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Key characteristics
FFLV:
0.18
AVLV:
0.15
FFLV:
0.49
AVLV:
0.41
FFLV:
1.07
AVLV:
1.06
FFLV:
0.27
AVLV:
0.19
FFLV:
0.86
AVLV:
0.70
FFLV:
5.31%
AVLV:
5.41%
FFLV:
17.18%
AVLV:
19.14%
FFLV:
-16.71%
AVLV:
-19.50%
FFLV:
-8.62%
AVLV:
-9.56%
Returns By Period
In the year-to-date period, FFLV achieves a -0.85% return, which is significantly higher than AVLV's -3.96% return.
FFLV
-0.85%
2.71%
-6.40%
3.07%
N/A
N/A
AVLV
-3.96%
3.35%
-7.04%
2.81%
N/A
N/A
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FFLV vs. AVLV - Expense Ratio Comparison
FFLV has a 0.38% expense ratio, which is higher than AVLV's 0.15% expense ratio.
Risk-Adjusted Performance
FFLV vs. AVLV — Risk-Adjusted Performance Rank
FFLV
AVLV
FFLV vs. AVLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fundamental Large Cap Value ETF (FFLV) and Avantis U.S. Large Cap Value ETF (AVLV). 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.
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Dividends
FFLV vs. AVLV - Dividend Comparison
FFLV's dividend yield for the trailing twelve months is around 1.77%, more than AVLV's 1.73% yield.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
FFLV Fidelity Fundamental Large Cap Value ETF | 1.77% | 1.46% | 0.00% | 0.00% | 0.00% |
AVLV Avantis U.S. Large Cap Value ETF | 1.73% | 1.58% | 1.85% | 2.00% | 0.29% |
Drawdowns
FFLV vs. AVLV - Drawdown Comparison
The maximum FFLV drawdown since its inception was -16.71%, smaller than the maximum AVLV drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for FFLV and AVLV. For additional features, visit the drawdowns tool.
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Volatility
FFLV vs. AVLV - Volatility Comparison
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