AVLC vs HGRO

AVLCAAvantis U.S. Large Cap Equity ETF

HGROCHedgeye Quality 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.

HGRO Hedgeye built its name selling macro research to traders. HGRO is that research in a ticker: an active, concentrated book of US large- and mid-cap growth names picked off the firm's growth-and-inflation regime maps.

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.

HGRO The fund aims to achieve long-term growth of capital and income.

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.

• HGRO The macro call is the product: holdings come off a framework that maps growth and inflation data into themes, then screens companies on fundamentals.stockanalysis.com
• Genuinely active. It runs a non-diversified book of US-listed stocks and REITs, with at least 80% of net assets in US-listed equities, rather than hugging a broad index.yahoo.com
• Moderately traded despite a 2025 launch, so getting a position on or off is not a scavenger hunt.

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

• HGRO 0.70% a year is full active pricing, above the typical active US equity ETF and many times core rivals like DFAU (0.12%) and FELC (0.18%).
• Launched June 2025, so the record is short and the process has not been tested across a full market cycle.
• Non-diversified means fewer, larger positions, and up to 20% of total assets can sit in foreign companies, including depositary receipts.yahoo.com

Full AVLC profile⁠

Full HGRO profile⁠