AVLC vs BLCR

AVLCAAvantis U.S. Large Cap Equity ETF

BLCRBiShares Large Cap Core Active 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.

BLCR BlackRock's answer to closet indexing: a concentrated book of roughly 25 to 60 US large caps, measured against the Russell 1000 but built on conviction, at 0.36% net of a waiver through June 30, 2027.

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.

BLCR The Fund seeks to maximize total return by investing in large-cap U.S. equities selected through fundamental and quantitative insights. It is presented as a high-conviction, actively managed core equity allocation.

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.

• BLCR Actually active. The manager runs about 25 to 60 names against a thousand-stock benchmark, so individual stock calls carry real weight instead of being diluted into index beta.ishares.com
• 0.36% net of a waiver through June 30, 2027 (0.38% gross) sits below the median for active US equity funds, lean pricing for a high-conviction stock-picking mandate.
• Scale and plumbing are already sorted: a multi-billion-dollar, actively traded fund on the biggest ETF platform in the business, not a thin launch hunting for assets.ishares.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

• BLCR Concentration cuts both ways. With roughly 50 holdings, a few positions drive the outcome, and results can sit far from the Russell 1000 in either direction.
• Cheap for active, not cheap outright: AVLC targets the same Russell 1000 universe at 0.15%. The gap is what the stock picking costs you.
• Young fund, short live record. It launched in 2023 as BlackRock Large Cap Core ETF before moving under the iShares brand, and pays quarterly.sec.gov

Full AVLC profile⁠

Full BLCR profile⁠