TWEIX vs. AVLVX

Last updated Apr 2, 2026

Compare and contrast key facts about American Century Equity Income Fund (TWEIX) and Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX).

TWEIX is managed by American Century. It was launched on Aug 1, 1994. AVLVX is an actively managed fund by Avantis. It was launched on Jun 21, 2022.

Performance

TWEIX vs. AVLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Equity Income Fund (TWEIX) and Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX). The values are adjusted to include any dividend payments, if applicable.

TWEIX vs. AVLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TWEIX American Century Equity Income Fund	3.53%	11.84%	10.51%	3.92%	6.10%
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	7.21%	15.23%	16.93%	16.75%	8.38%

Returns By Period

In the year-to-date period, TWEIX achieves a 3.53% return, which is significantly lower than AVLVX's 7.21% return.

TWEIX

• 1D: 0.92%
• 1M: -4.70%
• YTD: 3.53%
• 6M: 5.61%
• 1Y: 11.13%
• 3Y*: 9.80%
• 5Y*: 7.37%
• 10Y*: 8.76%

AVLVX

• 1D: 2.29%
• 1M: -3.53%
• YTD: 7.21%
• 6M: 13.31%
• 1Y: 25.93%
• 3Y*: 18.45%
• 5Y*: —
• 10Y*: —

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

TWEIX vs. AVLVX - Expense Ratio Comparison

TWEIX has a 0.94% expense ratio, which is higher than AVLVX's 0.15% expense ratio.

TWEIX

American Century Equity Income Fund

AVLVX

Avantis U.S. Large Cap Value Fund Institutional Class

Return for Risk

TWEIX vs. AVLVX — Risk / Return Rank

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

TWEIX

TWEIX Risk / Return Rank: 43
TWEIX Sharpe Ratio Rank: 42
TWEIX Sortino Ratio Rank: 42
TWEIX Omega Ratio Rank: 38
TWEIX Calmar Ratio Rank: 48
TWEIX Martin Ratio Rank: 47

AVLVX

AVLVX Risk / Return Rank: 76
AVLVX Sharpe Ratio Rank: 73
AVLVX Sortino Ratio Rank: 73
AVLVX Omega Ratio Rank: 73
AVLVX Calmar Ratio Rank: 75
AVLVX Martin Ratio Rank: 85

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.

TWEIX vs. AVLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Equity Income Fund (TWEIX) and Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX). 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.

	TWEIX	AVLVX	Difference
Sharpe ratio Return per unit of total volatility	0.92	1.43	-0.51
Sortino ratio Return per unit of downside risk	1.35	2.03	-0.68
Omega ratio Gain probability vs. loss probability	1.19	1.31	-0.12
Calmar ratio Return relative to maximum drawdown	1.27	2.03	-0.76
Martin ratio Return relative to average drawdown	4.91	9.84	-4.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TWEIX vs. AVLVX - Sharpe Ratio Comparison

The current TWEIX Sharpe Ratio is 0.92, which is lower than the AVLVX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of TWEIX and AVLVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TWEIX	AVLVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	1.43	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	1.04	-0.29

Correlation

The correlation between TWEIX and AVLVX is 0.81, 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.

Dividends

TWEIX vs. AVLVX - Dividend Comparison

TWEIX's dividend yield for the trailing twelve months is around 10.02%, more than AVLVX's 3.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TWEIX American Century Equity Income Fund	10.02%	10.35%	11.51%	8.02%	8.76%	6.83%	2.00%	7.38%	8.79%	11.95%	7.88%	10.49%
AVLVX Avantis U.S. Large Cap Value Fund Institutional Class	3.09%	3.32%	1.61%	1.59%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TWEIX vs. AVLVX - Drawdown Comparison

The maximum TWEIX drawdown since its inception was -39.30%, which is greater than AVLVX's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for TWEIX and AVLVX.

Drawdown Indicators

	TWEIX	AVLVX	Difference
Max Drawdown Largest peak-to-trough decline	-39.30%	-19.51%	-19.79%
Max Drawdown (1Y) Largest decline over 1 year	-8.86%	-13.38%	+4.52%
Max Drawdown (5Y) Largest decline over 5 years	-13.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.82%	—	—
Current Drawdown Current decline from peak	-4.90%	-3.85%	-1.05%
Average Drawdown Average peak-to-trough decline	-4.17%	-3.32%	-0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	2.76%	-0.41%

Volatility

TWEIX vs. AVLVX - Volatility Comparison

The current volatility for American Century Equity Income Fund (TWEIX) is 3.04%, while Avantis U.S. Large Cap Value Fund Institutional Class (AVLVX) has a volatility of 4.80%. This indicates that TWEIX experiences smaller price fluctuations and is considered to be less risky than AVLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TWEIX	AVLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	4.80%	-1.76%
Volatility (6M) Calculated over the trailing 6-month period	6.12%	9.90%	-3.78%
Volatility (1Y) Calculated over the trailing 1-year period	11.60%	18.44%	-6.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.71%	16.75%	-6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.35%	16.75%	-3.40%