TVAL vs. AVLV
Compare and contrast key facts about T. Rowe Price Value ETF (TVAL) and Avantis U.S. Large Cap Value ETF (AVLV).
TVAL and AVLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TVAL is an actively managed fund by T. Rowe Price. It was launched on Jun 14, 2023. 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: TVAL or AVLV.
Key characteristics
| TVAL | AVLV | |
|---|---|---|
| YTD Return | 15.21% | 12.94% |
| 1Y Return | 23.32% | 21.91% |
| Sharpe Ratio | 2.17 | 1.66 |
| Daily Std Dev | 10.68% | 13.01% |
| Max Drawdown | -9.81% | -19.34% |
| Current Drawdown | -1.05% | -1.33% |
Correlation
The correlation between TVAL and AVLV is 0.92, 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
TVAL vs. AVLV - Performance Comparison
In the year-to-date period, TVAL achieves a 15.21% return, which is significantly higher than AVLV's 12.94% 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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TVAL vs. AVLV - Expense Ratio Comparison
TVAL has a 0.33% expense ratio, which is higher than AVLV's 0.15% expense ratio.
Risk-Adjusted Performance
TVAL vs. AVLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Value ETF (TVAL) 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.
Dividends
TVAL vs. AVLV - Dividend Comparison
TVAL's dividend yield for the trailing twelve months is around 0.56%, less than AVLV's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
TVAL T. Rowe Price Value ETF | 0.56% | 0.64% | 0.00% | 0.00% |
AVLV Avantis U.S. Large Cap Value ETF | 1.57% | 1.85% | 2.00% | 0.29% |
Drawdowns
TVAL vs. AVLV - Drawdown Comparison
The maximum TVAL drawdown since its inception was -9.81%, smaller than the maximum AVLV drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for TVAL and AVLV. For additional features, visit the drawdowns tool.
Volatility
TVAL vs. AVLV - Volatility Comparison
The current volatility for T. Rowe Price Value ETF (TVAL) is 3.09%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 4.06%. This indicates that TVAL 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.