ACVF vs AVLC

ACVFBAmerican Conservative Values ETF

AVLCAAvantis U.S. Large Cap Equity ETF

In short

ACVF A fund that puts its convictions in its name. American Conservative Values runs an actively managed, all-US stock portfolio chasing long-term growth, with capital preservation written into the mandate as the secondary goal. Small, hands-on, unapologetically domestic.

AVLC Active 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

ACVF The Fund seeks long-term capital appreciation, with capital preservation as a secondary objective.

AVLC 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

• ACVF Its filings name capital preservation as a secondary objective alongside long-term capital appreciation, a defensive tilt most US stock funds never put in writing.
• No structural gimmicks: a standard 1940 Act ETF holding shares of US companies, with cash distributed quarterly.
• Lands in the upper half of the actively managed US equity funds we review, with the portfolio itself its strongest element.

• AVLC 0.15% a year against a 0.65% median for active U.S. equity funds. That is passive-style pricing on an actively run book.
• Holds 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.avantisinvestors.com
• One 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.
• A multi-billion-dollar fund that trades steadily, so spreads and liquidity are rarely the sticking point. Distributions are paid quarterly.

Worth knowing

• ACVF 0.75% a year is real money next to plain active core rivals like DFAU and DFAC. The values overlay comes with a price tag.
• A small fund that trades lightly, so spreads can widen at the open and close. Limit orders are the standard defense.
• Launched in 2020, so the track record covers a short stretch of market history.

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

Full ACVF profile⁠

Full AVLC profile⁠