AVLC vs ENHU

AVLCAAvantis U.S. Large Cap Equity ETF

ENHUBiShares Enhanced 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.

ENHU BlackRock's systematic quant desk in an ETF wrapper: roughly 400 large-cap US stocks scored by AI and large data sets, priced far closer to an index fund than to a traditional stock picker.

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.

ENHU The fund is a systematic U.S. equity strategy using artificial intelligence and extensive data sets to seek outperformance while providing core U.S. equity exposure.

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.

• ENHU Charges 0.22% a year, about a third of the typical active US equity fund's fee.
• Holds roughly 400 names, so it stays core-shaped rather than a concentrated bet on a few picks.
• The mandate is explicit: systematic US equity using AI and extensive data sets, seeking to beat plain core exposure.ishares.com
• Distributes quarterly, in line with most large-cap core funds.

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

• ENHU Launched in November 2025, so the live record behind the model is still short.
• Trades thinly, so spreads can be wider than on giant index ETFs.
• The enhanced-core niche is crowded: Fidelity's FELC runs a similar mandate at 0.18%.

Full AVLC profile⁠

Full ENHU profile⁠