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AVLC vs FEAC

Avantis U.S. Large Cap Equity ETF

AVLCANYSE Arca

Fidelity Enhanced U.S. All-Cap Equity ETF

FEACANYSE Arca

Overlap

48.8%by weight

Expense ratio

AVLC −0.03pt a year

AVLC0.15%FEAC0.18%

Avg volume · 30D

AVLC 7.3×the volume

AVLC78.8KFEAC10.8K

AVLC vs FEAC Performance

Oct 31, 2025 – Nov 2, 2026

+15.9%AVLC+13.3%FEAC

Oct 31, 2025 to Nov 2, 2026. AVLC +15.9%. FEAC +13.3%. Use the arrow keys to read each point.0%5%10%20%Oct 2025May 2026Nov 2026
Expense ratio
AVLC 0.15%, better
FEAC 0.18%
Fund size
AVLC $1.58B
FEAC $16M
1Y total return
AVLC +15.9%, better
FEAC +13.3%
Yield (12M)
AVLC 0.88%, better
FEAC 0.84%
Holdings
AVLC 849
FEAC 414
Avg volume (30D)
AVLC 78.8K sh, better
FEAC 10.8K sh
NAV per share
AVLC $90.02
FEAC $32.50
52W range

ETF.net Grade

AVLC: Cost 96, Risk 66, Mission not scored, Tradability 93, Holdings 86, Durability 81. FEAC: Cost 94, Risk 62, Mission not scored, Tradability 50, Holdings 80, Durability 38.
Pillar letters and Scores for AVLC, FEAC, with each pillar’s weight
PillarAVLCFEAC
Cost30% weightA96HigherA94
Mission25% weightNot scoredNot scored
Risk15% weightB66HigherB62
Tradability15% weightA93HigherC50
Holdings10% weightA86HigherA80
Durability5% weightA81HigherD38

Rank among US Active Equity funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVLC and FEAC 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 FEAC 16th 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 16ACGUSCapital Group Core Equity ETFScore 72
  4. Rank 16AFEACFidelity Enhanced U.S. All-Cap Equity ETFScore 72
  5. Rank 16AMODLVictoryShares WestEnd U.S. Sector ETFScore 72

Our read on each fund

ETF.net Research

AVLCAAvantis U.S. Large Cap Equity ETF

FEACAFidelity Enhanced U.S. All-Cap Equity 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.

FEAC No data

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.

FEAC No data

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.

FEAC No data

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

FEAC No data

Full AVLC profile⁠

Full FEAC profile⁠

AVLC vs FEAC Holdings

How AVLC and FEAC differ

Overlap by weight

48.8%

Shared holdings make up 88.8% of FEAC and 57.5% of AVLC.

Level by level

  • Holdings193 in both48.8%
  • Sector11 Sectors88.7%
  • Countryby domicile99.1%
  • Asset classEquity100%

Sector

Sector weights in AVLC and FEAC, widest gap first
SectorMore in AVLCMore in FEAC
TechnologyFEAC +4.2 points
EnergyAVLC +3.8 points
Health CareFEAC +3.0 points
Consumer DiscretionaryAVLC +2.9 points
Consumer StaplesAVLC +2.1 points
IndustrialsFEAC +1.4 points
CommunicationFEAC +1.4 points
FinancialsAVLC +1.3 points
UtilitiesAVLC +1.1 points
MaterialsFEAC +0.7 points
Real EstateFEAC +0.7 points

Country, concentration and asset class

Country by domicile

Country weights in AVLC and FEAC, widest gap first
CountryMore in AVLCMore in FEAC
United StatesFEAC +0.8 points
Other countries (10)AVLC +0.8 points

Concentration

Weight in the 10 largest Holdings

  • AVLC29.8%
  • FEAC35.0%

Securities held

  • AVLC848
  • FEAC411

Asset class

AVLC
Equity
FEAC
Equity

Holdings

  • Only in AVLC655
  • In both193
  • Only in FEAC218

Only in AVLC

655 securities, 42.5% of AVLC by weight

  • Costco Wholesale Corp Common Stock USD.0050.76%
  • Chevron Corp Common Stock USD.750.70%
  • Mastercard Inc A Common Stock USD.00010.64%

Only in FEAC

218 securities, 10.4% of FEAC by weight

  • Vici Pptys Inc0.18%
  • Ust Bills 0% 12/10/260.12%
  • Southern Copper Corp0.11%

Weight gaps

The 100 widest of 193 Holdings in both funds.

Holding weights in AVLC and FEAC, widest gap first
HoldingMore in AVLCMore in FEAC
NVIDIA Corp Common Stock USD.001NVDAFEAC +2.04 points
Alphabet Inc Class A Common Stock USD.001GOOGLFEAC +1.74 points
Apple Inc Common Stock USD.00001AAPLFEAC +1.64 points
Berkshire Hathaway Inc Class B Common Stock USD.0033BRK.BFEAC +1.25 points
Amazon.com Inc Common Stock USD.01AMZNAVLC +1.08 points
AbbVie Inc Common Stock USD.01ABBVFEAC +1.08 points
Broadcom Inc Common StockAVGOFEAC +0.91 points
Exxonmobil Holdings Corp Common StockXOMAVLC +0.90 points

All 824 AVLC holdings⁠All 418 FEAC 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 FEAC Cost

Overpaying FEAC vs AVLC

$612

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

  • AVLC 0.15%

    $3,137

  • FEAC 0.18%

    $3,749

$10,000
30 years

Cost over time

  • AVLC 0.15%
  • FEAC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530FEAC $3,749AVLC $3,137

Year by year

YearAVLCFEACOverpaying
10$274$328$54
20$1,071$1,281$210
30$3,137$3,749$612

Expense ratio

  • 0.15%AVLC, cheaper
  • 0.18%FEAC
  • Middle half of US Active Equity funds
  • Median 0.68%

AVLC 6th cheapest of 121 funds

FEAC 9th cheapest of 121 funds

AVLC vs FEAC Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
AVLC 0.88%, better
FEAC 0.84%
Payout (12M)
AVLC $0.79
FEAC $0.27
Last payment
AVLC $0.19
FEAC $0.08
Ex-dividend
AVLC Sep 8, 2026
FEAC Sep 18, 2026
Paid on
AVLC Sep 10, 2026
FEAC Sep 22, 2026
Frequency
AVLC Quarterly
FEAC Quarterly

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
FEACQuarterly · 8 paymentsAll FEAC payments⁠
One bar per payment. 8 payments from 2023 to 2026 YTD. Dec 30, 2024 $0.004; Mar 21, 2025 $0.07; Jun 20, 2025 $0.08; Sep 19, 2025 $0.06; Dec 19, 2025 $0.06; Mar 20, 2026 $0.08; Jun 18, 2026 $0.05; Sep 18, 2026 $0.08. Use the arrow keys to read each point.$0$0.2520232026YTD

AVLC vs FEAC 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%FEAC 12.6%since Dec 2024
Return per unit of riskSharpe ratio, 3 years
AVLC 1.43FEAC 0.78since Dec 2024
Worst fallMax drawdown, 5 years
AVLC −19.6%since Sep 2023FEAC −19.0%since Nov 2024
Market sensitivityBeta, 5 years
AVLC 1.02FEAC 1.01

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