GVLE vs REVS
Goldman Sachs Value Opportunities ETF vs Columbia Research Enhanced Value ETF
Which is better, GVLE or REVS?
GVLE has been ahead.
REVS has a lower expense ratio. GVLE led over 1Y. REVS is less concentrated, with 34.2% 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 | REVS |
|---|---|---|
| Expense Ratio | 0.45% | 0.19%Best |
| AUM | $40M | $395M |
| Dividend Yield | 0.97% | 1.75% |
| Holdings | 64 | 609 |
| YTD Return | +20.93% | +22.18%Best |
| 1Y Return | +26.96%Best | +25.77% |
| 3Y Return (annualized) | - | +22.48% |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 12.7% | 11.7%Best |
| Top 10 Weight | 50.5% | 34.2%Best |
| Fund Family | Goldman Sachs Asset Management | Columbia Threadneedle Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 31, 2015 | Sep 25, 2019 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
GVLE vs REVS 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 REVS Performance
Goldman Sachs Value Opportunities ETF (GVLE) is an ETF from Goldman Sachs Asset Management and Columbia Research Enhanced Value ETF (REVS) is an ETF from Columbia Threadneedle Investments. Over the past year GVLE returned +26.96% while REVS returned +25.77%. Year to date, GVLE is up 20.93% versus a gain of 22.18% for REVS.
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 11.7% for REVS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GVLE charges 0.45% per year while REVS charges 0.19%. On a $10,000 position that is $45 vs $19 annually, a gap of $26 per year that compounds over a long holding period. On income, GVLE currently yields 0.97% against 1.75% for REVS.
Holdings Overlap
33.5% of GVLE's money is in holdings REVS also owns. 18.8% of REVS'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 301 in REVS, against full books of 64 and 609.
What only one of them owns
Our book lists 280 positions for REVS that do not appear in our book for GVLE (80.3% of the fund), and 20 for GVLE that do not appear in REVS (61.0%).
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 REVS | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 9.58% | 7.82% | 1.76% |
| BACBank of America Corp.: Financials | 2.58% | 3.13% | 0.55% |
| COPConocophillips Common Stock USD 0.01 | 4.35% | 1.30% | 3.05% |
| METAMeta Platforms Inc | 2.19% | 2.37% | 0.18% |
| NEENextera Energy Inc | 2.82% | 1.10% | 1.72% |
| TJXTjx Cos., Inc. | 2.33% | 1.57% | 0.76% |
| SBUXStarbucks Corp | 2.66% | 0.85% | 1.81% |
| CAHCardinal Health | 2.55% | 0.39% | 2.16% |
| ROKRockwell Automation | 2.43% | 0.09% | 2.34% |
| AEEAmeren Corp | 2.04% | 0.20% | 1.84% |
33.5% of GVLE is already inside REVS.
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 REVS?
GVLE has an expense ratio of 0.45% while REVS charges 0.19%. REVS is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, GVLE or REVS?
Over the past year GVLE returned +26.96% vs +25.77% for REVS, 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 REVS?
GVLE has been the more volatile fund at 12.7% annualized versus 11.7% for REVS.
Should I hold both GVLE and REVS?
GVLE and REVS have a monthly-return correlation of 0.82, 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 REVS?
33.5% of GVLE's money is in holdings REVS also owns. 18.8% of REVS'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 301 in REVS.
Which pays a higher dividend, GVLE or REVS?
GVLE yields 0.97% while REVS yields 1.75%, so REVS currently pays the higher dividend yield.
Is REVS better than GVLE?
REVS has a lower expense ratio. GVLE led over 1Y. REVS is less concentrated, with 34.2% 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.