AVES vs VTI
Avantis Emerging Markets Value ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, AVES or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. AVES led over 1Y, VTI over 3Y, 5Y and the full window. AVES is less concentrated, with 10.7% of the fund in its ten largest positions against 33.3%.
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 | AVES | VTI |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $1.5B | $690.1B |
| Dividend Yield | 2.42% | 1.03% |
| Holdings | 1,887 | 3,524 |
| YTD Return | +13.15% | +13.35%Best |
| 1Y Return | +18.74%Best | +15.92% |
| 3Y Return (annualized) | +20.27% | +23.41%Best |
| 5Y Return (annualized) | +9.66% | +12.83%Best |
| Volatility (annualized) | 16.3% | 15.8%Best |
| Max Drawdown | -27.4% | -25.4%Best |
| $10,000 over 5 years | $15,858 | $18,286Best |
| Top 10 Weight | 10.7%Best | 33.3% |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 29, 2021 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Oct 2, 2026 (5 years).
AVES vs VTI 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 5 years both funds cover.
AVES vs VTI Performance
Avantis Emerging Markets Value ETF (AVES) is an ETF from Avantis Investors and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year AVES returned +18.74% while VTI returned +15.92%. Year to date, AVES is up 13.15% versus a gain of 13.35% for VTI.
Over three years, AVES compounded at +20.27% per year against +23.41% for VTI; over five years the annualized figures are +9.66% and +12.83% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVES has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 15.8% for VTI. 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 -27.4% for AVES and -25.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVES charges 0.36% per year while VTI charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, AVES currently yields 2.42% against 1.03% for VTI.
Holdings Overlap
0.1% of VTI's money is in holdings AVES also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1,187 positions we hold weights for in AVES and 3,463 in VTI, against full books of 1,887 and 3,524.
What only one of them owns
Our book lists 1,149 positions for VTI that do not appear in our book for AVES (97.3% of the fund), and 14 for AVES that do not appear in VTI (2.1%).
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 AVES | Weight in VTI | Difference |
|---|---|---|---|
| RCLRoyal Caribbean Cruises | 0.02% | 0.11% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of AVES and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVES or VTI?
AVES has an expense ratio of 0.36% while VTI charges 0.03%. VTI is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, AVES or VTI?
Over the past year AVES returned +18.74% vs +15.92% for VTI, so AVES leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVES or VTI?
AVES has been the more volatile fund at 16.3% annualized versus 15.8% for VTI. Worst drawdown: AVES -27.4% vs VTI -25.4%.
Should I hold both AVES and VTI?
AVES and VTI have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AVES or VTI?
AVES yields 2.42% while VTI yields 1.03%, so AVES currently pays the higher dividend yield.
Is VTI better than AVES?
VTI has a lower expense ratio. AVES led over 1Y, VTI over 3Y, 5Y and the full window. AVES is less concentrated, with 10.7% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.