VTV vs. AVLV

Last updated Aug 5, 2026

VTV (Vanguard Value ETF) and AVLV (Avantis U.S. Large Cap Value ETF) are both Large Cap Value Equities funds. VTV is passively managed, while AVLV is actively managed. Over the past 3 years, VTV returned 18.34%/yr vs 21.38%/yr for AVLV. Their correlation of 0.90 means they have usually moved in the same direction. VTV charges 0.04%/yr vs 0.15%/yr for AVLV.

Performance

VTV vs. AVLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) 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, VTV achieves a 18.44% return, which is significantly lower than AVLV's 24.76% return.

VTV

• 1D: 1.30%
• 1M: 2.14%
• 6M: 11.73%
• YTD: 18.44%
• 1Y: 28.99%
• 3Y*: 18.34%
• 5Y*: 12.61%
• 10Y*: 12.61%
• ALL TIME*: 9.75%

AVLV

• 1D: 0.95%
• 1M: 3.46%
• 6M: 14.88%
• YTD: 24.76%
• 1Y: 37.63%
• 3Y*: 21.38%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVLV Avantis U.S. Large Cap Value ETF	$97.53M	$104.20M	$154.73M
VTV Vanguard Value ETF	$668.29M	$673.37M	$627.33M

VTV vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VTV Vanguard Value ETF	18.44%	15.27%	15.95%	9.32%	-2.09%	8.87%
AVLV Avantis U.S. Large Cap Value ETF	24.76%	15.12%	17.49%	17.43%	-5.53%	6.27%

Correlation

The correlation between VTV and AVLV is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.90

The correlation between VTV and AVLV has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

VTV vs. AVLV - Sectors Allocation Comparison

Sectors	VTV	AVLV
Financial Services	22.4%	21.5%
Technology	15.3%	16.9%
Healthcare	15.2%	4.4%
Industrials	14.3%	15.3%
Consumer Defensive	8.7%	6.2%
Energy	6.9%	12.7%
Utilities	4.8%	0.4%
Consumer Cyclical	3.9%	14.2%
Basic Materials	3.0%	1.8%
Communication Services	2.9%	6.7%
Real Estate	2.5%	0.0%

Return for Risk

VTV vs. AVLV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VTV

VTV Risk / Return Rank: 93
VTV Sharpe Ratio Rank: 94
VTV Sortino Ratio Rank: 94
VTV Omega Ratio Rank: 93
VTV Calmar Ratio Rank: 92
VTV Martin Ratio Rank: 93

AVLV

AVLV Risk / Return Rank: 95
AVLV Sharpe Ratio Rank: 96
AVLV Sortino Ratio Rank: 95
AVLV Omega Ratio Rank: 95
AVLV Calmar Ratio Rank: 95
AVLV Martin Ratio Rank: 96

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VTV vs. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VTV	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	2.83	3.07	-0.25
Sortino ratio: Return per unit of downside risk	4.04	4.25	-0.21
Omega ratio: Gain probability vs. loss probability	1.51	1.56	-0.05
Calmar ratio: Return relative to maximum drawdown	4.59	5.92	-1.33
Martin ratio: Return relative to average drawdown	17.73	23.96	-6.22

VTV vs. AVLV - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.83, which is comparable to the AVLV Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of VTV 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.

Drawdowns

VTV vs. AVLV - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than AVLV's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for VTV and AVLV.

Drawdown Indicators

	VTV	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-19.50%	-39.77%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-6.39%	+0.04%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-19.50%	+4.98%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.81%	-3.82%	-3.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	1.58%	+0.06%

Volatility

VTV vs. AVLV - Volatility Comparison

Vanguard Value ETF (VTV) has a higher volatility of 2.83% compared to Avantis U.S. Large Cap Value ETF (AVLV) at 2.65%. This indicates that VTV's price experiences larger fluctuations and is considered to be riskier than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTV	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	2.65%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	8.85%	-1.07%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	12.35%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.82%	17.17%	-3.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	17.17%	-0.55%

VTV vs. AVLV - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is lower than AVLV's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VTV vs. AVLV - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.83%, more than AVLV's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVLV Avantis U.S. Large Cap Value ETF	1.04%	1.33%	1.58%	1.85%	2.00%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both VTV and AVLV in my portfolio?

VTV and AVLV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTV or AVLV?

VTV has higher volatility (2.83%) compared to AVLV (2.65%). In terms of maximum drawdown, VTV dropped -59.27% vs AVLV's -19.50%.

Which ETF is better, VTV or AVLV?

On 3-year performance, AVLV leads with 21.38% vs 18.34% for VTV. On fees, VTV is cheaper at 0.04% per year. On volatility, AVLV has been the lower-risk option at 2.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTV or AVLV?

Over the 3-year period, AVLV has performed better with a 21.38% return vs 18.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTV or AVLV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.15% for AVLV.

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

VTV has the higher dividend yield at 1.83%, compared with 1.04% for AVLV.

What is the main difference between VTV and AVLV?

They also come from different issuers: Vanguard and Avantis. Their fees differ too: 0.04% for VTV and 0.15% for AVLV.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (3.07 vs 2.83), 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.