APUE vs AVLC

APUEAActivePassive U.S. Equity ETF

AVLCAAvantis U.S. Large Cap Equity ETF

In short

APUE The ActivePassive pitch squeezed into one ticker: an index core, value, quality and momentum tilts, and active sleeves, all measured against the CRSP US Large Cap Index for 0.31%, with no waiver.

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

APUE The Fund seeks long-term capital appreciation through a blend of active and passive U.S. equity strategies.

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

• APUE Blends an index core with value, quality and momentum tilts against the CRSP US Large Cap Index, so one ticker carries the whole recipe.
• At 0.31% it sits below the typical fee in the active U.S. equity category, and that is the real price: gross and net match, no fee waiver doing the work.
• Grew into a multi-billion-dollar fund since its 2023 launch and trades with moderate volume, not a thinly followed experiment.
• Rates among the stronger implementations in a crowded field of active U.S. equity funds.

• 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

• APUE You pay for the active sleeves: DFAU charges 0.12%, AVLC 0.15% and EBI 0.24% net of a waiver through December 31, 2026, for core U.S. equity exposure.
• Blending strategies means results can drift from the CRSP large-cap benchmark in either direction. This is not an index tracker.
• Cash comes back once or twice a year, not as a monthly paycheck.

• 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 APUE profile⁠

Full AVLC profile⁠