AVLC vs BCHP

AVLCAAvantis U.S. Large Cap Equity ETF

BCHPCPrincipal Focused Blue Chip ETF

In short

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.

BCHP Principal's stock-picker take on the blue chips: a focused, actively run basket of big US companies the manager thinks can keep compounding, priced below what the average active US equity ETF charges.

Stated mandate

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.

BCHP The Fund seeks long-term growth of capital. It normally invests at least 80% of assets in large-capitalization equity securities that the adviser considers blue-chip companies, with an emphasis on capital-growth potential.

Why people hold it

• 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.

• BCHP Charges 0.58% a year, under the median for actively managed US equity ETFs. Active stock picking without the premium price tag that usually comes with it.
• The mandate is specific, not mush: normally at least 80% of assets in large-cap names the adviser considers blue chip, with the emphasis on capital-growth potential rather than income.
• Lands in the upper half of a peer group of a couple hundred active US equity ETFs, and the data behind that read is complete rather than patchy.
• Backed by Principal, a long-established fund manager, with the fund itself trading since 2023.

Worth knowing

• 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

• BCHP Trading is light compared with the giants of the category, so bid-ask spreads can be wider and bigger orders can nudge the price.
• A focused book of large-cap growth names concentrates both the wins and the drawdowns. Expect a bumpier path than a whole-market index fund.
• You are paying up for the manager's judgment: broad-market rivals like DFAU (0.12%) and AVLC (0.15%) run at a fraction of the cost.

Full AVLC profile⁠

Full BCHP profile⁠