AVMC vs VOO
Avantis US Mid Cap Equity ETF vs Vanguard S&P 500 ETF
Which is better, AVMC or VOO?
Mid Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window. AVMC is less concentrated, with 6.1% 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 | AVMC | VOO |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $499M | $997.4B |
| Dividend Yield | 0.95% | 1.08% |
| Holdings | 606 | 509 |
| YTD Return | +12.62% | +13.37%Best |
| 1Y Return | +16.33% | +20.08%Best |
| 3Y Return (annualized) | - | +21.29% |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 14.0% | 11.7%Best |
| Max Drawdown | -21.8% | -18.7%Best |
| $10,000 over 2.8 years | $16,849 | $18,321Best |
| Top 10 Weight | 6.1%Best | 36.4% |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Nov 7, 2023 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 9, 2023 to Sep 4, 2026 (2.8 years).
AVMC 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 2.8 years both funds cover.
AVMC vs VOO Performance
Avantis US Mid Cap Equity ETF (AVMC) is an ETF from Avantis Investors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AVMC returned +16.33% while VOO returned +20.08%. Year to date, AVMC is up 12.62% versus a gain of 13.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVMC has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 11.7% 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 -21.8% for AVMC 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVMC charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, AVMC currently yields 0.95% against 1.08% for VOO.
Holdings Overlap
62.4% of AVMC's money is in holdings VOO also owns. 10.9% of VOO's money is in holdings AVMC also owns.
The two portfolios partly overlap.
243 positions in common, counted across the 595 positions we hold weights for in AVMC and 505 in VOO, against full books of 606 and 509.
What only one of them owns
Our book lists 257 positions for VOO that do not appear in our book for AVMC (88.6% of the fund), and 326 for AVMC that do not appear in VOO (34.1%).
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 AVMC | Weight in VOO | Difference |
|---|---|---|---|
| WDCWestern Digital Corp Company Guar 11/28 3 | 0.92% | 0.34% | 0.58% |
| DVNDevon Energy Corporation | 0.65% | 0.07% | 0.58% |
| DALDl Co., Ltd. | 0.61% | 0.09% | 0.52% |
| TERTeradyne Inc - Common | 0.57% | 0.12% | 0.45% |
| NUENucor Corp. | 0.60% | 0.08% | 0.52% |
| CIENCiena Corp | 0.54% | 0.11% | 0.43% |
| FIXComfort Systems USA Inc. | 0.54% | 0.11% | 0.43% |
| STTState Street Corp. | 0.57% | 0.07% | 0.50% |
| FITBFifth Third Bancorp | 0.53% | 0.08% | 0.45% |
| VSTVistra Energy Corp. | 0.53% | 0.08% | 0.45% |
62.4% of AVMC 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, AVMC or VOO?
AVMC has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, AVMC or VOO?
Over the past year AVMC returned +16.33% vs +20.08% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVMC or VOO?
AVMC has been the more volatile fund at 14.0% annualized versus 11.7% for VOO. Worst drawdown: AVMC -21.8% vs VOO -18.7%.
Should I hold both AVMC and VOO?
AVMC and VOO have a monthly-return correlation of 0.77, 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 AVMC and VOO?
62.4% of AVMC's money is in holdings VOO also owns. 10.9% of VOO's is in holdings AVMC also owns. They hold 243 positions in common, counted across the 595 positions we hold weights for in AVMC and 505 in VOO.
Which pays a higher dividend, AVMC or VOO?
AVMC yields 0.95% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than AVMC?
VOO has a lower expense ratio. VOO led over 1Y and the full window. AVMC is less concentrated, with 6.1% 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.