AVIE vs AVLC

AVIEAAvantis Inflation Focused Equity ETF

AVLCAAvantis U.S. Large Cap Equity ETF

In short

AVIE Most inflation plays reach for commodities or TIPS. Avantis reaches for stocks: roughly 400 US companies, screened on profitability and value, picked for their expected ability to benefit when inflation rises.

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

AVIE The fund seeks long-term capital appreciation through primarily U.S. equity investments selected for their expected ability to benefit when inflation rises or is expected to rise.

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

• AVIE Costs 0.25% a year while the typical active US equity fund in its peer group runs about 0.65%. Cheap for an actively managed, purpose-built portfolio.
• The inflation exposure comes from operating businesses, not futures contracts: a primarily US equity portfolio of roughly 400 names.
• Avantis keeps its house discipline on top of the theme, tilting toward companies with higher profitability at lower prices rather than buying the inflation story at any valuation.
• Sits in the top quartile of a 234-fund active US equity cohort on our review, and pays quarterly.

• 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

• AVIE Small asset base and thin trading. Spreads can run wider than on big index funds, and that matters more on large or hurried orders.
• A portfolio built around inflation sensitivity is not a broad-market portfolio. Expect sector weights and results that wander from the S&P 500 in both directions.
• Active, with no published index to check it against, and a track record that only starts in 2022. Avantis' plain large-cap fund AVLC charges 0.15% if you'd rather skip the theme.

• 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 AVIE profile⁠

Full AVLC profile⁠