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AVLC vs BROL

Avantis U.S. Large Cap Equity ETF

AVLCANYSE Arca

Baron Risk Optimized Large Cap ETF

BROLBNYSE

Overlap

Expense ratio

AVLC −0.30pt a year

AVLC0.15%BROL0.45%

Avg volume · 30D

AVLC 24.9×the volume

AVLC78.8KBROL3.17K

AVLC vs BROL Performance

Jul 31, 2026 – Oct 30, 2026

+1.1%AVLC+2.3%BROL

Jul 31, 2026 to Oct 30, 2026. AVLC +1.1%. BROL +2.3%. Use the arrow keys to read each point.0%3%4%5%6%Jul 2026Sep 2026Oct 2026
Expense ratio
AVLC 0.15%, better
BROL 0.45%
Fund size
AVLC $1.58B
BROL $308M
1Y total return
AVLC +16.4%
BROL No data
Yield (12M)
AVLC 0.87%
BROL No data
Holdings
AVLC 849
BROL 66
Avg volume (30D)
AVLC 78.8K sh, better
BROL 3.17K sh
NAV per share
AVLC $90.02
BROL $25.74
52W range

ETF.net Grade

AVLC: Cost 96, Risk 66, Mission not scored, Tradability 93, Holdings 86, Durability 81. BROL: Cost 71, Risk 63, Mission not scored, Tradability 27, Holdings 63, Durability 54.
Pillar letters and Scores for AVLC, BROL, with each pillar’s weight
PillarAVLCBROL
Cost30% weightA96HigherA71
Mission25% weightNot scoredNot scored
Risk15% weightB66HigherB63
Tradability15% weightA93HigherD27
Holdings10% weightA86HigherB63
Durability5% weightA81HigherC54

Rank among US Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVLC and BROL are both graded against the same 121 US Active Equity funds, so their Grades compare head to head.

US Active Equity⁠

Category · 121 funds
See all 121 ›

AVLC ranks 1st and BROL 48th of 121 funds in the US Active Equity Category.

  1. Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
  2. Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
  3. Rank 44BXCHGAb US Equity ETFScore 59
  4. Rank 48BBROLBaron Risk Optimized Large Cap ETFScore 58
  5. Rank 48BLCDSJPMorgan Fundamental Data Science Large Core ETFScore 58

Our read on each fund

ETF.net Research

AVLCAAvantis U.S. Large Cap Equity ETF

BROLBBaron Risk Optimized Large Cap 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.

BROL Baron has picked growth stocks since 1982. BROL is the buttoned-up version: the same bottom-up research, wrapped in a risk framework targeting low beta and low tracking error so the portfolio strays less from its large-cap benchmark.

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.

BROL The Fund seeks 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.
  • BROL Active management for 0.45% a year, against a 0.70% median for US active equity funds. Cheap-for-active pricing on a strategy built around Baron's own stock research.
  • Risk optimization is the product, not a footnote: defined parameters for beta, growth factor exposure and tracking error sit on top of the stock picks.businesswire.com
  • Run by Michael Lippert, a Baron portfolio manager and its head of technology research, inside an active ETF lineup from a firm that has invested this way since 1982.businesswire.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
  • BROL Launched in 2026, so the track record is short, the asset base is small and trading is thin. Spreads can run wider than on the giant funds sharing its shelf.
  • Cheap for active is not cheap outright: systematic large-cap peers such as DFAU (0.12%) and AVLC (0.15%) charge a fraction of it.
  • Low tracking error cuts both ways: the design keeps the fund close to large-cap growth rather than dramatically different from it.businesswire.com

Full AVLC profile⁠

Full BROL profile⁠

AVLC vs BROL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AVLC vs BROL Cost

Overpaying BROL vs AVLC

$5,904

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AVLC 0.15%

    $3,137

  • BROL 0.45%

    $9,041

$10,000
30 years

Cost over time

  • AVLC 0.15%
  • BROL 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530BROL $9,041AVLC $3,137

Year by year

YearAVLCBROLOverpaying
10$274$812$538
20$1,071$3,128$2,057
30$3,137$9,041$5,904

Expense ratio

  • 0.15%AVLC, cheaper
  • 0.45%BROL
  • Middle half of US Active Equity funds
  • Median 0.68%

AVLC 6th cheapest of 121 funds

BROL 34th cheapest of 121 funds

AVLC vs BROL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVLC 0.87%
BROL No data
Payout (12M)
AVLC $0.79
BROL None
Last payment
AVLC $0.19
BROL No data
Ex-dividend
AVLC Sep 8, 2026
BROL No data
Paid on
AVLC Sep 10, 2026
BROL No data
Frequency
AVLC Quarterly
BROL No data

Distribution history

Per share, 2023 to 2026, same scale for both

AVLCQuarterly · 12 paymentsAll AVLC payments⁠
One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 18, 2023 $0.21; Mar 21, 2024 $0.18; Jun 24, 2024 $0.17; Sep 23, 2024 $0.15; Dec 17, 2024 $0.23; Mar 25, 2025 $0.18; Jun 24, 2025 $0.20; Sep 23, 2025 $0.14; Dec 16, 2025 $0.22; Mar 10, 2026 $0.15; Jun 9, 2026 $0.23; Sep 8, 2026 $0.19. Use the arrow keys to read each point.$0$0.2520232026YTD
BROLAll BROL payments⁠

No distribution history available.

AVLC vs BROL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVLC 12.7%BROL No data
Return per unit of riskSharpe ratio, 3 years
AVLC 1.43BROL No data
Worst fallMax drawdown, 5 years
AVLC −19.6%since Sep 2023BROL No data
Market sensitivityBeta, 5 years
AVLC 1.02BROL 1.09

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