AVGV vs SPY
Avantis All Equity Markets Value ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AVGV or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. AVGV led over 1Y, 3Y and the full window.
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 | AVGV | SPY |
|---|---|---|
| Expense Ratio | 0.26% | 0.09%Best |
| AUM | $461M | $804.7B |
| Dividend Yield | 1.58% | 0.98% |
| Holdings | 7 | 505 |
| YTD Return | +17.25%Best | +10.96% |
| 1Y Return | +25.09%Best | +15.52% |
| 3Y Return (annualized) | +20.80%Best | +20.73% |
| 5Y Return (annualized) | - | +12.53% |
| Volatility (annualized) | 12.9% | 12.7%Best |
| Max Drawdown | -17.0%Best | -18.8% |
| $10,000 over 3.2 years | $17,989Best | $17,812 |
| Top 10 Weight | - | 37.8% |
| Fund Family | Avantis Investors | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 27, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 29, 2023 to Sep 16, 2026 (3.2 years).
AVGV vs SPY 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 3.2 years both funds cover.
AVGV vs SPY Performance
Avantis All Equity Markets Value ETF (AVGV) is an ETF from Avantis Investors and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AVGV returned +25.09% while SPY returned +15.52%. Year to date, AVGV is up 17.25% versus a gain of 10.96% for SPY.
Over three years, AVGV compounded at +20.80% per year against +20.73% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVGV has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.7% for SPY. 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 -17.0% for AVGV and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVGV charges 0.26% per year while SPY charges 0.09%. On a $10,000 position that is $26 vs $9 annually, a gap of $17 per year that compounds over a long holding period. On income, AVGV currently yields 1.58% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 7 holdings in AVGV and 504 in SPY, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in AVGV and 504 in SPY, against full books of 7 and 505.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for AVGV (99.3% of the fund), and 6 for AVGV that do not appear in SPY (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of AVGV and SPY 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, AVGV or SPY?
AVGV has an expense ratio of 0.26% while SPY charges 0.09%. SPY is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, AVGV or SPY?
Over the past year AVGV returned +25.09% vs +15.52% for SPY, so AVGV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVGV or SPY?
AVGV has been the more volatile fund at 12.9% annualized versus 12.7% for SPY. Worst drawdown: AVGV -17.0% vs SPY -18.8%.
Should I hold both AVGV and SPY?
AVGV and SPY have a monthly-return correlation of 0.79, 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, AVGV or SPY?
AVGV yields 1.58% while SPY yields 0.98%, so AVGV currently pays the higher dividend yield.
Is SPY better than AVGV?
SPY has a lower expense ratio. AVGV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.