AVUV vs VIOV
Avantis US Small Cap Value ETF vs Vanguard S&P Small Cap 600 Value ETF
Which is better, AVUV or VIOV?
Nearly the same fund. VIOV costs less.
VIOV has a lower expense ratio. AVUV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | VIOV |
|---|---|---|
| Expense Ratio | 0.25% | 0.10%Best |
| AUM | $31.0B | $2.0B |
| Dividend Yield | 1.25% | 1.67% |
| Holdings | 789 | 468 |
| YTD Return | +21.32%Best | +17.64% |
| 1Y Return | +25.47%Best | +22.89% |
| 3Y Return (annualized) | +18.32%Best | +15.49% |
| 5Y Return (annualized) | +12.56%Best | +8.00% |
| Volatility (annualized) | 25.4% | 23.6%Best |
| Max Drawdown | -49.6% | -45.5%Best |
| $10,000 over 5 years | $18,068Best | $14,693 |
| Top 10 Weight | 8.3%Tie | 8.3%Tie |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Value |
| Inception | Sep 24, 2019 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 26, 2019 to Sep 15, 2026 (7 years).
AVUV vs VIOV 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 VIOV Performance
Avantis US Small Cap Value ETF (AVUV) is an ETF from Avantis Investors and Vanguard S&P Small Cap 600 Value ETF (VIOV) is an ETF from Vanguard (US). Over the past year AVUV returned +25.47% while VIOV returned +22.89%. Year to date, AVUV is up 21.32% versus a gain of 17.64% for VIOV.
Over three years, AVUV compounded at +18.32% per year against +15.49% for VIOV; over five years the annualized figures are +12.56% and +8.00% respectively. Across the full 7-year window we track, AVUV has the edge at +15.36% annualized vs +10.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVUV has been the more volatile fund, with annualized monthly volatility of 25.4% compared with 23.6% for VIOV. 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 -45.5% for VIOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. 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 VIOV charges 0.10%. On a $10,000 position that is $25 vs $10 annually, a gap of $15 per year that compounds over a long holding period. On income, AVUV currently yields 1.25% against 1.67% for VIOV.
Holdings Overlap
38.6% of AVUV's money is in holdings VIOV also owns. 42.8% of VIOV's money is in holdings AVUV also owns.
The two portfolios partly overlap.
195 positions in common, counted across the 727 positions we hold weights for in AVUV and 459 in VIOV, against full books of 789 and 468.
What only one of them owns
Our book lists 262 positions for VIOV that do not appear in our book for AVUV (55.8% of the fund), and 439 for AVUV that do not appear in VIOV (55.4%).
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 VIOV | Difference |
|---|---|---|---|
| MATXMatson Inc | 1.04% | 0.66% | 0.38% |
| SMSm Energy Co | 0.79% | 0.80% | 0.01% |
| KMXCarmax Inc. | 0.50% | 0.88% | 0.38% |
| JXNJackson Financial Inc USD | 0.35% | 0.92% | 0.57% |
| RUSHARush Enterprises Inc | 0.70% | 0.53% | 0.17% |
| MGYMagnolia Oil & Gas Corp | 0.56% | 0.64% | 0.08% |
| PAYCPaycom Software Inc . | 0.39% | 0.74% | 0.35% |
| MHKMohawk Industries Inc. | 0.41% | 0.68% | 0.27% |
| VSCOVICTORIA'S SECRET & CO | 0.27% | 0.76% | 0.49% |
| BFHBread Financial Holdings, Inc. | 0.49% | 0.47% | 0.02% |
42.8% of VIOV is already inside AVUV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AVUV or VIOV?
AVUV has an expense ratio of 0.25% while VIOV charges 0.10%. VIOV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, AVUV or VIOV?
Over the past year AVUV returned +25.47% vs +22.89% for VIOV, so AVUV leads on 1-year performance. Over the longest common window we track (7 years), AVUV annualized +15.36% vs +10.10% for VIOV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVUV or VIOV?
AVUV has been the more volatile fund at 25.4% annualized versus 23.6% for VIOV. Worst drawdown: AVUV -49.6% vs VIOV -45.5%.
Should I hold both AVUV and VIOV?
AVUV and VIOV have a monthly-return correlation of 0.98, 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 VIOV?
42.8% of VIOV's money is in holdings AVUV also owns. 42.8% of VIOV's is in holdings AVUV also owns. They hold 195 positions in common, counted across the 727 positions we hold weights for in AVUV and 459 in VIOV.
Which pays a higher dividend, AVUV or VIOV?
AVUV yields 1.25% while VIOV yields 1.67%, so VIOV currently pays the higher dividend yield.
Is VIOV better than AVUV?
VIOV has a lower expense ratio. AVUV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.