IUS vs. AVLV

Last updated Jun 4, 2026

IUS (Invesco RAFI Strategic US ETF) and AVLV (Avantis U.S. Large Cap Value ETF) are both exchange-traded funds - IUS is a Large Cap Blend Equities fund tracking the Invesco Strategic US Index, while AVLV is a Large Cap Value Equities fund tracking the Russell 1000 Value Index. Both are passively managed. Over the past 3 years, IUS returned 20.93%/yr vs 23.23%/yr for AVLV. Their correlation of 0.94 suggests significant overlap in exposure. IUS charges 0.19%/yr vs 0.15%/yr for AVLV.

Performance

IUS vs. AVLV - Performance Comparison

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

Returns By Period

In the year-to-date period, IUS achieves a 15.71% return, which is significantly lower than AVLV's 20.64% return.

IUS

• 1D: -0.07%
• 1M: 4.89%
• YTD: 15.71%
• 6M: 15.69%
• 1Y: 33.27%
• 3Y*: 20.93%
• 5Y*: 13.61%
• 10Y*: —

AVLV

• 1D: 0.14%
• 1M: 5.75%
• YTD: 20.64%
• 6M: 22.01%
• 1Y: 38.77%
• 3Y*: 23.23%
• 5Y*: —
• 10Y*: —

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

IUS vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IUS Invesco RAFI Strategic US ETF	15.71%	16.94%	16.51%	20.79%	-8.34%	8.25%
AVLV Avantis U.S. Large Cap Value ETF	20.64%	15.12%	17.49%	17.43%	-5.53%	5.92%

Correlation

The correlation between IUS and AVLV is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.94

The correlation between IUS and AVLV has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

IUS vs. AVLV - Sectors Allocation Comparison

Sectors	IUS	AVLV
Technology	22.4%	17.2%
Communication Services	14.7%	6.9%
Healthcare	12.8%	5.6%
Energy	10.9%	14.4%
Consumer Cyclical	10.7%	14.1%
Industrials	9.7%	15.4%
Consumer Defensive	7.4%	7.7%
Financial Services	6.8%	16.3%
Basic Materials	3.3%	2.0%
Utilities	1.0%	0.3%
Real Estate	0.5%	0.1%

Return for Risk

IUS vs. AVLV — Risk / Return Rank

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

IUS

IUS Risk / Return Rank: 91
IUS Sharpe Ratio Rank: 91
IUS Sortino Ratio Rank: 92
IUS Omega Ratio Rank: 90
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 92

AVLV

AVLV Risk / Return Rank: 91
AVLV Sharpe Ratio Rank: 90
AVLV Sortino Ratio Rank: 91
AVLV Omega Ratio Rank: 89
AVLV Calmar Ratio Rank: 91
AVLV Martin Ratio Rank: 93

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.

IUS vs. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI Strategic US ETF (IUS) 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.

	IUS	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	3.26	3.18	+0.09
Sortino ratio: Return per unit of downside risk	4.53	4.39	+0.14
Omega ratio: Gain probability vs. loss probability	1.60	1.57	+0.02
Calmar ratio: Return relative to maximum drawdown	5.44	6.09	-0.66
Martin ratio: Return relative to average drawdown	23.27	24.39	-1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUS vs. AVLV - Sharpe Ratio Comparison

The current IUS Sharpe Ratio is 3.26, which is comparable to the AVLV Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of IUS and AVLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IUS	AVLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.26	3.18	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.86	-0.01

Drawdowns

IUS vs. AVLV - Drawdown Comparison

The maximum IUS drawdown since its inception was -34.67%, which is greater than AVLV's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for IUS and AVLV.

Drawdown Indicators

	IUS	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-34.67%	-19.50%	-15.17%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-6.39%	+0.24%
Max Drawdown (3Y) Largest decline over 3 years	-15.61%	-19.50%	+3.89%
Max Drawdown (5Y) Largest decline over 5 years	-18.72%	—	—
Current Drawdown Current decline from peak	-0.07%	0.00%	-0.07%
Average Drawdown Average peak-to-trough decline	-3.86%	-3.93%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.43%	1.59%	-0.16%

Volatility

IUS vs. AVLV - Volatility Comparison

The current volatility for Invesco RAFI Strategic US ETF (IUS) is 2.50%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 3.12%. This indicates that IUS experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUS	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	3.12%	-0.62%
Volatility (6M) Calculated over the trailing 6-month period	7.41%	9.04%	-1.63%
Volatility (1Y) Calculated over the trailing 1-year period	10.26%	12.29%	-2.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.00%	17.35%	-2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	17.35%	+0.69%

IUS vs. AVLV - Expense Ratio Comparison

IUS has a 0.19% expense ratio, which is higher than AVLV's 0.15% 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%.

Dividends

IUS vs. AVLV - Dividend Comparison

IUS's dividend yield for the trailing twelve months is around 1.28%, more than AVLV's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AVLV Avantis U.S. Large Cap Value ETF	1.07%	1.33%	1.58%	1.85%	2.00%	0.29%	0.00%	0.00%	0.00%
IUS Invesco RAFI Strategic US ETF	1.28%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%

Frequently Asked Questions

Can I hold both IUS and AVLV in my portfolio?

With a correlation of 0.92, IUS and AVLV 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, IUS or AVLV?

AVLV has higher volatility (3.12%) compared to IUS (2.50%). In terms of maximum drawdown, IUS dropped -34.67% vs AVLV's -19.50%.

Which ETF is better, IUS or AVLV?

On 3-year performance, AVLV leads with 23.23% vs 20.93% for IUS. On fees, AVLV is cheaper at 0.15% per year. On volatility, IUS has been the lower-risk option at 2.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IUS or AVLV?

Over the 3-year period, AVLV has performed better with a 23.23% return vs 20.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IUS or AVLV?

AVLV is cheaper with a 0.15% expense ratio, compared with 0.19% for IUS.

Which ETF pays a higher dividend yield, IUS or AVLV?

IUS has the higher dividend yield at 1.28%, compared with 1.07% for AVLV.

What is the main difference between IUS and AVLV?

IUS is categorized as Large Cap Blend Equities, while AVLV is Large Cap Value Equities. IUS tracks Invesco Strategic US Index, while AVLV tracks Russell 1000 Value Index. They also come from different issuers: Invesco and American Century. Their fees differ too: 0.19% for IUS and 0.15% for AVLV.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (3.26 vs 3.17), 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.