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AVLC

GradeANew York Stock Exchange Arca

Avantis U.S. Large Cap Equity ETF

Active Equity · Avantis · Inception 2023-09-26

$91.12−2.93 (−3.12%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Sep 26, 2023.
Intraday session: down, 54 prints from 94.05 to 91.12. Range 90.94 to 91.55. Use the arrow keys to read each point.$91.00$91.20$91.40$91.6010 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$1.5B
1Y return
+23.8%
Yield · Last 12 months
0.98%
Holdings
850
Volume · 30D
0.1M sh
NAV per share
$91.64
52W range
low $74.45high $94.80

The ETF.net AVLC Grade

A

86/ 100

Rank 2 of 127 in US Active Equity

Confidence Medium

Six-pillar profile for AVLC. Scores out of 100: Cost 96, Risk 66, Mission not scored, Tradability 89, Holdings 86, Durability 81. Strongest: Cost (96). Weakest: Risk (66). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 86 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 96
    Category rank6/127 · top 5%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 66
    Category rank25/126 · top 20%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 89
    Category rank4/127 · top 3%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 86
    Category rank8/124 · top 6%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 81
    Category rank16/127 · top 13%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on AVLC

ETF.net Research

AActive management with index-fund manners: roughly 900 U.S. large caps, with the dial turned toward cheaper, more profitable companies. Avantis charges 0.15% a year to do it.

Stated mandate

The fund seeks long-term capital appreciation. It invests broadly in U.S. large-capitalization companies while using active decisions to overweight lower valuations and higher profitability.

Why people hold it

  1. 010.15% a year against a 0.65% median for active U.S. equity funds. That is passive-style pricing on an actively run book.
  2. 02Holds about 900 names against the Russell 1000, so the value and profitability tilts sit on top of broad market exposure instead of a concentrated bet.res.avantisinvestors.com
  3. 03One of the stronger builds in the active U.S. equity group, priced in the same neighborhood as the Dimensional core funds (DFAU, DFAC) it competes with.
  4. 04A multi-billion-dollar fund that trades steadily, so spreads and liquidity are rarely the sticking point. Distributions are paid quarterly.

Worth knowing

  1. 01Launched in 2023. The tilt philosophy is well worn at Avantis, but this fund's own live record is still short.
  2. 02Active, not index-tracking. The Russell 1000 is a reference point, not a leash, so holdings and weights can drift from it.
  3. 03Leaning toward cheaper, higher-profitability companies means stretches where it moves differently from the plain cap-weighted market, in either direction.res.avantisinvestors.com

AVLC Holdings

As of Sep 22, 2026, 9:42 PM
Asset class
Stocks
Holdings
850
Top-10 weight
31%
Largest holding
AAPL5.7%

Sectors

  • Technology33.0%
  • Financials14.9%
  • Industrials10.2%
  • Consumer Discr.10.1%
  • Health Care8.4%
  • Communication7.5%
  • Energy7.0%
  • Cons. Staples4.6%
  • Materials2.2%
  • Utilities2.0%
  • Real Estate0.1%

Geography

  • United States97.00%
  • Ireland0.92%
  • United Kingdom0.45%
  • Bermuda0.39%
  • Switzerland0.37%
  • Singapore0.34%
  • Netherlands0.18%
  • Uruguay0.08%
  • Other countries (8)0.27%
The fund’s holdings, weight-ordered — page 1 of 58.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AAPLAPPLE INC COMMON STOCK USD.000015.72%256,061$87M707
002NVDANVIDIA CORP COMMON STOCK USD.0015.61%374,318$85M828
003MSFTMICROSOFT CORP COMMON STOCK USD.000006254.63%140,174$70M792
004AMZNAMAZON.COM INC COMMON STOCK USD.013.79%222,747$58M720
005METAMETA PLATFORMS INC CLASS A COMMON STOCK USD.0000062.40%49,206$36M683
006MUMICRON TECHNOLOGY INC COMMON STOCK USD.12.31%33,569$35M655
007GOOGLALPHABET INC CL A COMMON STOCK USD.0011.79%76,408$27M704
008AVGOBROADCOM INC COMMON STOCK1.77%74,261$27M732
009GOOGALPHABET INC CL C COMMON STOCK USD.0011.40%60,398$21M471
010JPMJPMORGAN CHASE + CO COMMON STOCK USD1.01.36%58,867$21M478
011LLYELI LILLY + CO COMMON STOCK1.25%16,288$19M569
012XOMEXXONMOBIL HOLDINGS CORP COMMON STOCK1.10%105,151$17M501
013AMDADVANCED MICRO DEVICES COMMON STOCK USD.011.03%25,504$16M618
014LRCXLAM RESEARCH CORP COMMON STOCK USD.0010.73%36,733$11M591
015VVISA INC CLASS A SHARES COMMON STOCK USD.00010.73%29,870$11M550

Showing 1–15 of 863 holdings

AVLC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

AVLC$12,381
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. AVLC $12,381. SPY $11,723. Use the arrow keys to read each point.$9,303$10,956$12,609Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AVLC. Periods over one year show the average yearly return.
PeriodAVLC
Year to date+20.4%
1 month+2.9%
3 months+5.0%
1 year+23.8%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AVLC
YearReturn barAVLC
2026 YTD+20.4%
2025+17.6%
2024+22.8%
2023+12.8%

Since listing, Sep 26, 2023

AVLC in the news

ETF.net Research hasn’t filed on AVLC yet — coverage lands here as it’s written.

AVLC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.98%Last 12 months
Payout per share
$0.92Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 18, 2023 $0.21; Mar 21, 2024 $0.18; Jun 24, 2024 $0.17; Sep 23, 2024 $0.15; Dec 17, 2024 $0.23; Mar 25, 2025 $0.18; Jun 24, 2025 $0.20; Sep 23, 2025 $0.14; Dec 16, 2025 $0.22; Mar 10, 2026 $0.15; Jun 9, 2026 $0.23; Sep 8, 2026 $0.19. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 8, 2026Sep 10, 2026$0.19
Jun 9, 2026Jun 11, 2026$0.23
Mar 10, 2026Mar 12, 2026$0.15
Dec 16, 2025Dec 18, 2025$0.22
Sep 23, 2025Sep 25, 2025$0.14
Jun 24, 2025Jun 26, 2025$0.20
Mar 25, 2025Mar 27, 2025$0.18
Dec 17, 2024Dec 19, 2024$0.23
Sep 23, 2024Sep 25, 2024$0.15
Jun 24, 2024Jun 26, 2024$0.17
Mar 21, 2024Mar 25, 2024$0.18
Dec 18, 2023Dec 21, 2023$0.21

AVLC Risk

How much the fund’s monthly returns vary, scaled to a year.
12.9%
Annualised · 35 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.42
vs 3-month T-bills · 35 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.6%
35 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.02
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AVLC Cost

Expense ratio0.15%
  • The middle half of US Active Equity funds
  • Median 0.70%

5 of the 124 US Active Equity funds charge less.

AVLC costs $15.00 a year on $10,000. The median US Active Equity fund costs $70.00.