ACVF vs EQTY
American Conservative Values ETF vs Kovitz Core Equity ETF
Which is better, ACVF or EQTY?
EQTY has been ahead.
ACVF has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. ACVF is less concentrated, with 29.5% of the fund in its ten largest positions against 42.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACVF | EQTY |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.99% |
| AUM | $149M | $1.4B |
| Dividend Yield | 0.48% | 0.02% |
| Holdings | 780 | 77 |
| YTD Return | +11.44% | +12.60%Best |
| 1Y Return | +12.27% | +16.37%Best |
| 3Y Return (annualized) | +18.36% | +19.06%Best |
| 5Y Return (annualized) | +10.26% | - |
| Volatility (annualized) | 11.6%Best | 12.8% |
| Max Drawdown | -16.8%Best | -17.3% |
| $10,000 over 3.9 years | $18,220 | $18,669Best |
| Top 10 Weight | 29.5%Best | 42.9% |
| Fund Family | ACV ETFs | Kovitz Investment Group |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 28, 2020 | Dec 28, 2011 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 12, 2022 to Nov 11, 2026 (3.9 years).
ACVF vs EQTY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
ACVF vs EQTY Performance
American Conservative Values ETF (ACVF) is an ETF from ACV ETFs and Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group. Over the past year ACVF returned +12.27% while EQTY returned +16.37%. Year to date, ACVF is up 11.44% versus a gain of 12.60% for EQTY.
Over three years, ACVF compounded at +18.36% per year against +19.06% for EQTY. Across the full 4-year window we track, EQTY has the edge at +17.36% annualized vs +16.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQTY has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 11.6% for ACVF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.8% for ACVF and -17.3% for EQTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACVF charges 0.75% per year while EQTY charges 0.99%. On a $10,000 position that is $75 vs $99 annually, a gap of $24 per year that compounds over a long holding period. On income, ACVF currently yields 0.48% against 0.02% for EQTY.
Holdings Overlap
15.8% of ACVF's money is in holdings EQTY also owns. 62.3% of EQTY's money is in holdings ACVF also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 388 positions we hold weights for in ACVF and 37 in EQTY, against full books of 780 and 77.
What only one of them owns
Our book lists 13 positions for EQTY that do not appear in our book for ACVF (31.0% of the fund), and 352 for ACVF that do not appear in EQTY (83.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACVF | Weight in EQTY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.72% | 5.24% | 0.48% |
| PMPhilip Morris International Inc. | 0.78% | 4.17% | 3.39% |
| ADIAnalog Devices | 0.71% | 3.97% | 3.26% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 0.32% | 4.29% | 3.97% |
| SCHWSchwab Strategic T | 0.19% | 4.30% | 4.11% |
| WATWaters Corp. | 0.03% | 4.30% | 4.27% |
| AONAon Public Limited Company Cl. A | 0.10% | 3.99% | 3.89% |
| DHRDanaher Corporation | 0.25% | 3.74% | 3.49% |
| MSIMotorola Solutions, Inc | 0.62% | 3.21% | 2.59% |
| CARRCarrier Global Corporation | 0.04% | 3.57% | 3.53% |
62.3% of EQTY is already inside ACVF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACVF or EQTY?
ACVF has an expense ratio of 0.75% while EQTY charges 0.99%. ACVF is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, ACVF or EQTY?
Over the past year ACVF returned +12.27% vs +16.37% for EQTY, so EQTY leads on 1-year performance. Over the longest common window we track (4 years), ACVF annualized +16.63% vs +17.36% for EQTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACVF or EQTY?
EQTY has been the more volatile fund at 12.8% annualized versus 11.6% for ACVF. Worst drawdown: ACVF -16.8% vs EQTY -17.3%.
Should I hold both ACVF and EQTY?
ACVF and EQTY have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACVF and EQTY?
62.3% of EQTY's money is in holdings ACVF also owns. 62.3% of EQTY's is in holdings ACVF also owns. They hold 23 positions in common, counted across the 388 positions we hold weights for in ACVF and 37 in EQTY.
Which pays a higher dividend, ACVF or EQTY?
ACVF yields 0.48% while EQTY yields 0.02%, so ACVF currently pays the higher dividend yield.
Is EQTY better than ACVF?
ACVF has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. ACVF is less concentrated, with 29.5% of the fund in its ten largest positions against 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.