AVIE vs VOO
Avantis Inflation Focused Equity ETF vs Vanguard S&P 500 ETF
Which is better, AVIE or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. AVIE led over 1Y, VOO over 3Y and the full window. AVIE is less concentrated, with 30.9% of the fund in its ten largest positions against 36.4%.
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 | AVIE | VOO |
|---|---|---|
| Expense Ratio | 0.25% | 0.03%Best |
| AUM | $13M | $997.4B |
| Dividend Yield | 1.34% | 1.04% |
| Holdings | 367 | 509 |
| YTD Return | +21.99%Best | +12.50% |
| 1Y Return | +28.83%Best | +17.58% |
| 3Y Return (annualized) | +13.17% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 13.6% | 13.2%Best |
| Max Drawdown | -12.4%Best | -18.7% |
| $10,000 over 4 years | $17,460 | $22,423Best |
| Top 10 Weight | 30.9%Best | 36.4% |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 29, 2022 to Sep 11, 2026 (4 years).
AVIE vs VOO 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 4 years both funds cover.
AVIE vs VOO Performance
Avantis Inflation Focused Equity ETF (AVIE) is an ETF from Avantis Investors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AVIE returned +28.83% while VOO returned +17.58%. Year to date, AVIE is up 21.99% versus a gain of 12.50% for VOO.
Over three years, AVIE compounded at +13.17% per year against +21.27% for VOO. Across the full 4-year window we track, VOO has the edge at +22.37% annualized vs +14.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIE has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.2% for VOO. 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 -12.4% for AVIE and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVIE charges 0.25% per year while VOO charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, AVIE currently yields 1.34% against 1.04% for VOO.
Holdings Overlap
77.2% of AVIE's money is in holdings VOO also owns. 14.8% of VOO's money is in holdings AVIE also owns.
Most of AVIE is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, AVIE as of Aug 31, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
87 positions in common, counted across the 361 positions we hold weights for in AVIE and 505 in VOO, against full books of 367 and 509.
What only one of them owns
Our book lists 410 positions for VOO that do not appear in our book for AVIE (84.7% of the fund), and 239 for AVIE that do not appear in VOO (18.6%).
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 AVIE | Weight in VOO | Difference |
|---|---|---|---|
| BRK.BBerkshire Hathaway B | 5.08% | 1.42% | 3.66% |
| XOMExxon Mobil Corp. | 4.83% | 0.88% | 3.95% |
| LLYEli Lilly & Co. | 3.39% | 1.47% | 1.92% |
| PGProcter & Gamble Company | 3.38% | 0.53% | 2.85% |
| CVXChevron Corp. | 2.94% | 0.48% | 2.46% |
| JNJJohnson & Johnson | 2.36% | 0.95% | 1.41% |
| UNHUnitedhealth Group Inc. | 2.58% | 0.59% | 1.99% |
| KOCoca Cola Co. | 2.22% | 0.49% | 1.73% |
| PMPhilip Morris International Inc. | 2.26% | 0.44% | 1.82% |
| ABBVAbbvie Inc. | 1.85% | 0.69% | 1.16% |
77.2% of AVIE is already inside VOO.
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, AVIE or VOO?
AVIE has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, AVIE or VOO?
Over the past year AVIE returned +28.83% vs +17.58% for VOO, so AVIE leads on 1-year performance. Over the longest common window we track (4 years), AVIE annualized +14.95% vs +22.37% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIE or VOO?
AVIE has been the more volatile fund at 13.6% annualized versus 13.2% for VOO. Worst drawdown: AVIE -12.4% vs VOO -18.7%.
Should I hold both AVIE and VOO?
AVIE and VOO have a monthly-return correlation of 0.47, 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 AVIE and VOO?
77.2% of AVIE's money is in holdings VOO also owns. 14.8% of VOO's is in holdings AVIE also owns. They hold 87 positions in common, counted across the 361 positions we hold weights for in AVIE and 505 in VOO.
Which pays a higher dividend, AVIE or VOO?
AVIE yields 1.34% while VOO yields 1.04%, so AVIE currently pays the higher dividend yield.
Is VOO better than AVIE?
VOO has a lower expense ratio. AVIE led over 1Y, VOO over 3Y and the full window. AVIE is less concentrated, with 30.9% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.