AVRE vs VOO
Avantis Real Estate ETF vs Vanguard S&P 500 ETF
Which is better, AVRE or VOO?
All Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 41.1%.
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 | AVRE | VOO |
|---|---|---|
| Expense Ratio | 0.17% | 0.03%Best |
| AUM | $866M | $997.4B |
| Dividend Yield | 3.32% | 1.08% |
| Holdings | 342 | 509 |
| YTD Return | +9.19% | +13.37%Best |
| 1Y Return | +10.17% | +20.08%Best |
| 3Y Return (annualized) | +9.62% | +21.29%Best |
| 5Y Return (annualized) | +2.14% | +12.89%Best |
| Volatility (annualized) | 17.7% | 15.7%Best |
| Max Drawdown | -33.3% | -24.5%Best |
| $10,000 over 5 years | $11,117 | $18,335Best |
| Top 10 Weight | 41.1% | 36.4%Best |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Sep 29, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Sep 4, 2026 (4.9 years).
AVRE 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 4.9 years both funds cover.
AVRE vs VOO Performance
Avantis Real Estate ETF (AVRE) is an ETF from Avantis Investors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AVRE returned +10.17% while VOO returned +20.08%. Year to date, AVRE is up 9.19% versus a gain of 13.37% for VOO.
Over three years, AVRE compounded at +9.62% per year against +21.29% for VOO; over five years the annualized figures are +2.14% and +12.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVRE has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.7% 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 -33.3% for AVRE and -24.5% 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVRE charges 0.17% per year while VOO charges 0.03%. On a $10,000 position that is $17 vs $3 annually, a gap of $14 per year that compounds over a long holding period. On income, AVRE currently yields 3.32% against 1.08% for VOO.
Holdings Overlap
55.5% of AVRE's money is in holdings VOO also owns. 1.7% of VOO's money is in holdings AVRE also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 320 positions we hold weights for in AVRE and 504 in VOO, against full books of 342 and 509.
What only one of them owns
Our book lists 468 positions for VOO that do not appear in our book for AVRE (97.6% of the fund), and 58 for AVRE that do not appear in VOO (16.2%).
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 AVRE | Weight in VOO | Difference |
|---|---|---|---|
| WELLWelltower, Inc. | 7.35% | 0.25% | 7.10% |
| PLDPrologis Inc | 6.56% | 0.20% | 6.36% |
| EQIXEquinix Inc - Common | 5.61% | 0.16% | 5.45% |
| AMTAmerican Tower Corp | 3.91% | 0.12% | 3.79% |
| DLRDigital Realty Trust Inc. | 3.67% | 0.09% | 3.58% |
| SPGSimon Property Group Inc. Reit Com | 3.53% | 0.11% | 3.42% |
| PSAPublic Storage | 3.01% | 0.08% | 2.93% |
| ORealty Income Corp. | 2.67% | 0.09% | 2.58% |
| VTRVentas, Inc. | 2.25% | 0.07% | 2.18% |
| UMG:ASUniversal Music Group N.V. Universal Music Group N V | 1.93% | 0.06% | 1.87% |
55.5% of AVRE 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, AVRE or VOO?
AVRE has an expense ratio of 0.17% while VOO charges 0.03%. VOO is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, AVRE or VOO?
Over the past year AVRE returned +10.17% 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, AVRE or VOO?
AVRE has been the more volatile fund at 17.7% annualized versus 15.7% for VOO. Worst drawdown: AVRE -33.3% vs VOO -24.5%.
Should I hold both AVRE and VOO?
AVRE and VOO have a monthly-return correlation of 0.78, 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 AVRE and VOO?
55.5% of AVRE's money is in holdings VOO also owns. 1.7% of VOO's is in holdings AVRE also owns. They hold 27 positions in common, counted across the 320 positions we hold weights for in AVRE and 504 in VOO.
Which pays a higher dividend, AVRE or VOO?
AVRE yields 3.32% while VOO yields 1.08%, so AVRE currently pays the higher dividend yield.
Is VOO better than AVRE?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 41.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.