AVLC vs BDIV

AVLCAAvantis U.S. Large Cap Equity ETF

BDIVBAAM Brentview Dividend Growth 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.

BDIV A boutique that does one thing, dividend growth, picks a few dozen US stocks and pays out monthly. Priced below the typical active US equity fund, it's a concentrated take on income plus appreciation rather than a broad dividend index.

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.

BDIV The Fund seeks current dividend income and long-term capital appreciation.

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.

• BDIV Costs 0.49% a year, under the 0.65% that sits mid-pack among active US equity funds.sec.gov
• The prospectus targets roughly 30 to 40 companies, so every holding carries real weight instead of being spread thin across hundreds of names.sec.gov
• Pays monthly rather than quarterly, matching the rhythm of most household bills.
• Sub-advised by Brentview, a small shop built around dividend growth investing and nothing else, and the portfolio has tracked its stated income-and-appreciation mandate closely.brentviewim.com

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

• BDIV Assets are small and shares trade thinly, so spreads run wider and larger orders need more care than in a heavily traded fund.
• Launched in 2024, so there's no record spanning a full market cycle yet.
• A few dozen names concentrates both the hits and the misses, and sector tilts can run far from a broad index.sec.gov

Full AVLC profile⁠

Full BDIV profile⁠