GVLE vs MFSV
Goldman Sachs Value Opportunities ETF vs MFS Active Value ETF
Which is better, GVLE or MFSV?
GVLE has been ahead.
MFSV has a lower expense ratio. GVLE led over 1Y. MFSV is less concentrated, with 33.0% of the fund in its ten largest positions against 50.5%.
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 | GVLE | MFSV |
|---|---|---|
| Expense Ratio | 0.45% | 0.44%Best |
| AUM | $40M | $673M |
| Dividend Yield | 0.97% | 1.33% |
| Holdings | 64 | 124 |
| YTD Return | +20.93%Best | +14.38% |
| 1Y Return | +26.96%Best | +18.11% |
| Volatility (annualized) | 12.7% | 11.5%Best |
| Top 10 Weight | 50.5% | 33.0%Best |
| Fund Family | Goldman Sachs Asset Management | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 31, 2015 | Dec 5, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Max Drawdown, $10,000 over the window.
GVLE vs MFSV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GVLE vs MFSV Performance
Goldman Sachs Value Opportunities ETF (GVLE) is an ETF from Goldman Sachs Asset Management and MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management. Over the past year GVLE returned +26.96% while MFSV returned +18.11%. Year to date, GVLE is up 20.93% versus a gain of 14.38% for MFSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GVLE has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.5% for MFSV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GVLE charges 0.45% per year while MFSV charges 0.44%. On a $10,000 position that is $45 vs $44 annually, a gap of $1 per year that compounds over a long holding period. On income, GVLE currently yields 0.97% against 1.33% for MFSV.
Holdings Overlap
42.0% of GVLE's money is in holdings MFSV also owns. 26.1% of MFSV's money is in holdings GVLE also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 31 positions we hold weights for in GVLE and 61 in MFSV, against full books of 64 and 124.
What only one of them owns
Our book lists 50 positions for MFSV that do not appear in our book for GVLE (72.6% of the fund), and 20 for GVLE that do not appear in MFSV (52.6%).
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 GVLE | Weight in MFSV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 9.58% | 5.78% | 3.80% |
| AMZNAmazon.Com Inc | 7.86% | 5.38% | 2.48% |
| JPMJpmorgan Chase | 4.30% | 4.06% | 0.24% |
| COPConocophillips Common Stock USD 0.01 | 4.35% | 2.14% | 2.21% |
| MSMorgan Stanley | 3.16% | 1.89% | 1.27% |
| PGProcter & Gamble Company | 3.51% | 1.27% | 2.24% |
| BACBank of America Corp.: Financials | 2.58% | 2.12% | 0.46% |
| JNJJohnson & Johnson - Common | 2.88% | 1.56% | 1.32% |
| PLDPrologis Inc | 1.40% | 1.48% | 0.08% |
| TJXTjx Cos., Inc. | 2.33% | 0.39% | 1.94% |
42.0% of GVLE is already inside MFSV.
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, GVLE or MFSV?
GVLE has an expense ratio of 0.45% while MFSV charges 0.44%. MFSV is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, GVLE or MFSV?
Over the past year GVLE returned +26.96% vs +18.11% for MFSV, so GVLE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GVLE or MFSV?
GVLE has been the more volatile fund at 12.7% annualized versus 11.5% for MFSV.
Should I hold both GVLE and MFSV?
GVLE and MFSV have a monthly-return correlation of 0.70, 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 GVLE and MFSV?
42.0% of GVLE's money is in holdings MFSV also owns. 26.1% of MFSV's is in holdings GVLE also owns. They hold 10 positions in common, counted across the 31 positions we hold weights for in GVLE and 61 in MFSV.
Which pays a higher dividend, GVLE or MFSV?
GVLE yields 0.97% while MFSV yields 1.33%, so MFSV currently pays the higher dividend yield.
Is MFSV better than GVLE?
MFSV has a lower expense ratio. GVLE led over 1Y. MFSV is less concentrated, with 33.0% of the fund in its ten largest positions against 50.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.