REVS vs TVAL
Columbia Research Enhanced Value ETF vs T. Rowe Price Value ETF
Which is better, REVS or TVAL?
Nearly the same fund. REVS costs less.
REVS has a lower expense ratio. REVS led over 3Y and the full window, TVAL over 1Y. The two have moved almost in lockstep, correlation 0.95. TVAL is less concentrated, with 30.2% of the fund in its ten largest positions against 32.8%.
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 | REVS | TVAL |
|---|---|---|
| Expense Ratio | 0.19%Best | 0.33% |
| AUM | $395M | $1.2B |
| Dividend Yield | 1.75% | 0.92% |
| Holdings | 609 | 436 |
| YTD Return | +21.93% | +24.64%Best |
| 1Y Return | +26.09% | +30.13%Best |
| 3Y Return (annualized) | +21.49%Best | +21.14% |
| 5Y Return (annualized) | +12.50% | - |
| Volatility (annualized) | 12.1%Best | 12.2% |
| Max Drawdown | -16.4% | -15.8%Best |
| $10,000 over 3.4 years | $17,860Best | $17,830 |
| Top 10 Weight | 32.8% | 30.2%Best |
| Fund Family | Columbia Threadneedle Investments | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 25, 2019 | Jun 14, 2023 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Jun 15, 2023 to Nov 13, 2026 (3.4 years).
REVS vs TVAL 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 3.4 years both funds cover.
REVS vs TVAL Performance
Columbia Research Enhanced Value ETF (REVS) is an ETF from Columbia Threadneedle Investments and T. Rowe Price Value ETF (TVAL) is an ETF from T.Rowe Price. Over the past year REVS returned +26.09% while TVAL returned +30.13%. Year to date, REVS is up 21.93% versus a gain of 24.64% for TVAL.
Over three years, REVS compounded at +21.49% per year against +21.14% for TVAL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TVAL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 12.1% for REVS. 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 -16.4% for REVS and -15.8% for TVAL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
REVS charges 0.19% per year while TVAL charges 0.33%. On a $10,000 position that is $19 vs $33 annually, a gap of $14 per year that compounds over a long holding period. On income, REVS currently yields 1.75% against 0.92% for TVAL.
Holdings Overlap
51.0% of REVS's money is in holdings TVAL also owns. 38.0% of TVAL's money is in holdings REVS also owns.
The two portfolios partly overlap.
45 positions in common, counted across the 299 positions we hold weights for in REVS and 141 in TVAL, against full books of 609 and 436.
What only one of them owns
Our book lists 92 positions for TVAL that do not appear in our book for REVS (60.0% of the fund), and 243 for REVS that do not appear in TVAL (47.2%).
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 REVS | Weight in TVAL | Difference |
|---|---|---|---|
| AAPLApple, Inc | 8.44% | 5.91% | 2.53% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 7.50% | 5.39% | 2.11% |
| CVXChevron Corp. | 3.07% | 0.77% | 2.30% |
| BACBank Of America Corp. | 2.98% | 0.41% | 2.57% |
| COPConocophillips Co | 1.29% | 2.07% | 0.78% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.49% | 1.31% | 0.18% |
| SCHWCharles Schwab Corp. | 1.36% | 1.37% | 0.01% |
| METAMeta Platform Inc | 1.96% | 0.67% | 1.29% |
| CCitigroup Inc. | 1.70% | 0.88% | 0.82% |
| ELVElevance Health Inc | 1.21% | 1.24% | 0.03% |
51.0% of REVS is already inside TVAL.
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, REVS or TVAL?
REVS has an expense ratio of 0.19% while TVAL charges 0.33%. REVS is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, REVS or TVAL?
Over the past year REVS returned +26.09% vs +30.13% for TVAL, so TVAL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, REVS or TVAL?
TVAL has been the more volatile fund at 12.2% annualized versus 12.1% for REVS. Worst drawdown: REVS -16.4% vs TVAL -15.8%.
Should I hold both REVS and TVAL?
REVS and TVAL have a monthly-return correlation of 0.95, 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 REVS and TVAL?
51.0% of REVS's money is in holdings TVAL also owns. 38.0% of TVAL's is in holdings REVS also owns. They hold 45 positions in common, counted across the 299 positions we hold weights for in REVS and 141 in TVAL.
Which pays a higher dividend, REVS or TVAL?
REVS yields 1.75% while TVAL yields 0.92%, so REVS currently pays the higher dividend yield.
Is TVAL better than REVS?
REVS has a lower expense ratio. REVS led over 3Y and the full window, TVAL over 1Y. The two have moved almost in lockstep, correlation 0.95. TVAL is less concentrated, with 30.2% of the fund in its ten largest positions against 32.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.