AVUV vs IWM
Avantis US Small Cap Value ETF vs iShares Russell 2000 ETF
Which is better, AVUV or IWM?
Small Cap Value against Small Cap Blend.
IWM has a lower expense ratio. AVUV led over 1Y, 5Y and the full window, IWM over 3Y. The two have moved almost in lockstep, correlation 0.93. IWM is less concentrated, with 3.2% of the fund in its ten largest positions against 8.3%.
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 | AVUV | IWM |
|---|---|---|
| Expense Ratio | 0.25% | 0.19%Best |
| AUM | $31.0B | $79.0B |
| Dividend Yield | 1.25% | 0.91% |
| Holdings | 789 | 1,996 |
| YTD Return | +19.06%Best | +16.23% |
| 1Y Return | +23.10%Best | +18.72% |
| 3Y Return (annualized) | +18.11% | +18.96%Best |
| 5Y Return (annualized) | +12.50%Best | +6.77% |
| Volatility (annualized) | 25.5% | 22.3%Best |
| Max Drawdown | -49.6% | -41.1%Best |
| $10,000 over 5 years | $18,020Best | $13,875 |
| Top 10 Weight | 8.3% | 3.2%Best |
| Fund Family | Avantis Investors | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Blend |
| Inception | Sep 24, 2019 | May 22, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Sep 22, 2026 (7 years).
AVUV vs IWM 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 7 years both funds cover.
AVUV vs IWM Performance
Avantis US Small Cap Value ETF (AVUV) is an ETF from Avantis Investors and iShares Russell 2000 ETF (IWM) is an ETF from iShares by BlackRock (US). Over the past year AVUV returned +23.10% while IWM returned +18.72%. Year to date, AVUV is up 19.06% versus a gain of 16.23% for IWM.
Over three years, AVUV compounded at +18.11% per year against +18.96% for IWM; over five years the annualized figures are +12.50% and +6.77% respectively. Across the full 7-year window we track, AVUV has the edge at +15.01% annualized vs +10.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVUV has been the more volatile fund, with annualized monthly volatility of 25.5% compared with 22.3% for IWM. 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 -49.6% for AVUV and -41.1% for IWM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVUV charges 0.25% per year while IWM charges 0.19%. On a $10,000 position that is $25 vs $19 annually, a gap of $6 per year that compounds over a long holding period. On income, AVUV currently yields 1.25% against 0.91% for IWM.
Holdings Overlap
77.1% of AVUV's money is in holdings IWM also owns. 30.8% of IWM's money is in holdings AVUV also owns.
Most of AVUV is already inside IWM. Owning both mostly buys the same companies twice.
618 positions in common, counted across the 727 positions we hold weights for in AVUV and 1,956 in IWM, against full books of 789 and 1,996.
What only one of them owns
Our book lists 1,119 positions for IWM that do not appear in our book for AVUV (66.0% of the fund), and 73 for AVUV that do not appear in IWM (19.6%).
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 AVUV | Weight in IWM | Difference |
|---|---|---|---|
| VSATViasat Inc | 1.09% | 0.32% | 0.77% |
| MATXMatson Inc | 1.04% | 0.20% | 0.84% |
| LNTHLantheus Holdings Inc | 0.96% | 0.21% | 0.75% |
| SMSm Energy Co | 0.79% | 0.22% | 0.57% |
| GATXGATX Corporation | 0.78% | 0.20% | 0.58% |
| RUSHARush Enterprises Inc | 0.70% | 0.16% | 0.54% |
| SKYWSkywest Inc | 0.72% | 0.14% | 0.58% |
| OSCROscar Health, Inc. | 0.62% | 0.23% | 0.39% |
| SNEXStonex Group Inc | 0.58% | 0.26% | 0.32% |
| CBTCabot Corp | 0.70% | 0.14% | 0.56% |
77.1% of AVUV is already inside IWM.
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, AVUV or IWM?
AVUV has an expense ratio of 0.25% while IWM charges 0.19%. IWM is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, AVUV or IWM?
Over the past year AVUV returned +23.10% vs +18.72% for IWM, so AVUV leads on 1-year performance. Over the longest common window we track (7 years), AVUV annualized +15.01% vs +10.57% for IWM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUV or IWM?
AVUV has been the more volatile fund at 25.5% annualized versus 22.3% for IWM. Worst drawdown: AVUV -49.6% vs IWM -41.1%.
Should I hold both AVUV and IWM?
AVUV and IWM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AVUV and IWM?
77.1% of AVUV's money is in holdings IWM also owns. 30.8% of IWM's is in holdings AVUV also owns. They hold 618 positions in common, counted across the 727 positions we hold weights for in AVUV and 1,956 in IWM.
Which pays a higher dividend, AVUV or IWM?
AVUV yields 1.25% while IWM yields 0.91%, so AVUV currently pays the higher dividend yield.
Is IWM better than AVUV?
IWM has a lower expense ratio. AVUV led over 1Y, 5Y and the full window, IWM over 3Y. The two have moved almost in lockstep, correlation 0.93. IWM is less concentrated, with 3.2% of the fund in its ten largest positions against 8.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.