AVLC vs PSTR

AVLCAAvantis U.S. Large Cap Equity ETF

PSTRDPeakshares Sector Rotation 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.

PSTR A macro-cycle sector rotator: a model ranks US industry sectors by where the economy sits, then shifts the portfolio as that ranking changes. Growth plus income is the mandate; the price is 1.06% 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.

PSTR Its mandate combines capital growth with income generation.

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.

• PSTR The mechanism is plain: a macroeconomic and asset-cycle model ranks US industry sectors, and the fund makes periodic shifts as that ranking moves.sec.gov
• Growth and income sit side by side in the mandate, and distributions come quarterly.
• The adviser is waiving part of the fee, taking 1.54% gross down to 1.06% net through June 30, 2027.
• Since the 2024 launch, its volatility and drawdown profile has been among the steadier in the active US equity crowd, on one year of 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

• PSTR You pay up for the rotation: 1.06% net (1.54% gross if the waiver lapses after June 30, 2027) is above the category norm, while iShares' DYNF rotates factors for 0.26%.
• Thinly traded, so the gap between bid and ask can be a real cost and bigger orders can move the price.
• Actively managed with no declared index to measure against, and the live record only starts in 2024.

Full AVLC profile⁠

Full PSTR profile⁠