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AVLV vs DHLX

Avantis U.S. Large Cap Value ETF

AVLVANYSE Arca

Diamond Hill Large Cap Concentrated ETF

DHLXCNYSE Arca

Overlap

Expense ratio

AVLV −0.40pt a year

AVLV0.15%DHLX0.55%

Avg volume · 30D

AVLV 42.5×the volume

AVLV1.62MDHLX38.1K

AVLV vs DHLX Performance

Oct 31, 2025 – Nov 2, 2026

+30.9%AVLV+10.6%DHLX

Oct 31, 2025 to Nov 2, 2026. AVLV +30.9%. DHLX +10.6%. Use the arrow keys to read each point.0%5%15%20%25%Oct 2025May 2026Nov 2026
Expense ratio
AVLV 0.15%, better
DHLX 0.55%
Fund size
AVLV $22.6B
DHLX $69M
1Y total return
AVLV +30.9%, better
DHLX +10.6%
Yield (12M)
AVLV 1.09%
DHLX No data
Holdings
AVLV 300
DHLX 22
Avg volume (30D)
AVLV 1.62M sh, better
DHLX 38.1K sh
NAV per share
AVLV $94.04
DHLX $14.03
52W range

ETF.net Grade

AVLV: Cost 98, Risk 60, Mission 87, Tradability 99, Holdings 75, Durability 85. DHLX: Cost 42, Risk 38, Mission not scored, Tradability 48, Holdings 30, Durability 48.
Pillar letters and Scores for AVLV, DHLX, with each pillar’s weight
PillarAVLVDHLX
Cost30% weightA98HigherC42
Mission25% weightA87Not scored
Risk15% weightB60HigherD38
Tradability15% weightA99HigherC48
Holdings10% weightA75HigherD30
Durability5% weightA85HigherC48

Rank among US Active Value funds

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

Same Category. AVLV and DHLX are both graded against the same 64 US Active Value funds, so their Grades compare head to head.

US Active Value⁠

Category · 64 funds
See all 64 ›

AVLV ranks 1st and DHLX 43rd of 64 funds in the US Active Value Category.

  1. Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
  2. Rank 2ASEIVSEI QiM U.S. Large Cap Value Active ETFScore 85
  3. Rank 42CTAXCambria Tax Aware ETFScore 42
  4. Rank 43CDHLXDiamond Hill Large Cap Concentrated ETFScore 41
  5. Rank 44CCVSMCresAlta Small and Mid-Cap ETFScore 40

Our read on each fund

ETF.net Research

AVLVAAvantis U.S. Large Cap Value ETF

DHLXCDiamond Hill Large Cap Concentrated ETF

In short

AVLV No data

DHLX Twenty-ish US large caps, picked one at a time. Diamond Hill's ETF runs a concentrated value book measured against the Russell 1000 Value Index, which means it deliberately looks nothing like that index.

Stated mandate

AVLV No data

DHLX The ETF seeks long-term capital appreciation. Under normal conditions, it invests at least 80% of net assets in U.S. equity securities of large-cap companies the adviser believes are undervalued, in a concentrated portfolio of approximately 20–30 securities.

Why people hold it

AVLV No data

  • DHLX A genuinely concentrated book: roughly 20 to 30 US large caps the adviser judges undervalued, with at least 80% of assets in that mandate. No closet indexing here.diamond-hill.com
  • Runs Diamond Hill's house intrinsic-value process: model years of a business's future cash flows, estimate what it is worth, then buy at a discount to that number.jpmorgan.comsec.gov
  • At 0.55% a year it undercuts several active rivals benchmarked to the same index (BUSA, OAKM, PZLV) and sits at the median for its active value cohort.
  • Pays distributions quarterly, and the mandate is US equity only, so there is no currency layer or foreign withholding in the mix.

Worth knowing

AVLV No data

  • DHLX Systematic value peers cost a fraction of this: AVLV 0.15%, DFLV 0.21%, WTV 0.12%. The stock picking has to carry that fee gap.
  • Concentration cuts both ways. In a non-diversified book of 20 to 30 names, one company's stumble lands with real weight.diamond-hill.com
  • Launched in September 2025, so the ETF's own record is short, the asset base is small and trading is moderate rather than deep.

Full AVLV profile⁠

Full DHLX profile⁠

AVLV vs DHLX 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.

AVLV vs DHLX Cost

Overpaying DHLX vs AVLV

$7,767

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

  • AVLV 0.15%

    $3,137

  • DHLX 0.55%

    $10,904

$10,000
30 years

Cost over time

  • AVLV 0.15%
  • DHLX 0.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530DHLX $10,904AVLV $3,137

Year by year

YearAVLVDHLXOverpaying
10$274$988$714
20$1,071$3,790$2,719
30$3,137$10,904$7,767

Expense ratio

  • 0.15%AVLV, cheaper
  • 0.55%DHLX
  • Middle half of US Active Value funds
  • Median 0.55%

AVLV 2nd cheapest of 64 funds

DHLX 33rd cheapest of 64 funds

AVLV vs DHLX Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
AVLV 1.09%
DHLX No data
Payout (12M)
AVLV $1.03
DHLX No data
Last payment
AVLV $0.23
DHLX $0.04
Ex-dividend
AVLV Sep 8, 2026
DHLX Sep 29, 2026
Paid on
AVLV Sep 10, 2026
DHLX Oct 2, 2026
Frequency
AVLV Quarterly
DHLX Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

AVLVQuarterly · 20 paymentsAll AVLV payments⁠
One bar per payment. 20 payments from 2021 to 2026 YTD. Dec 16, 2021 $0.16; Mar 22, 2022 $0.22; Jun 21, 2022 $0.22; Sep 20, 2022 $0.26; Dec 15, 2022 $0.30; Mar 23, 2023 $0.28; Jun 20, 2023 $0.25; Sep 21, 2023 $0.23; Dec 18, 2023 $0.30; Mar 21, 2024 $0.22; Jun 24, 2024 $0.26; Sep 23, 2024 $0.27; Dec 17, 2024 $0.30; Mar 25, 2025 $0.27; Jun 24, 2025 $0.28; Sep 23, 2025 $0.18; Dec 16, 2025 $0.28; Mar 10, 2026 $0.23; Jun 9, 2026 $0.28; Sep 8, 2026 $0.23. Use the arrow keys to read each point.$0$0.2520232026YTD
DHLXQuarterly · 4 paymentsAll DHLX payments⁠
One bar per payment. 4 payments from 2021 to 2026 YTD. Dec 30, 2025 $0.02; Mar 30, 2026 $0.03; Jun 29, 2026 $0.03; Sep 29, 2026 $0.04. Use the arrow keys to read each point.$0$0.2520232026YTD

AVLV vs DHLX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVLV 12.9%DHLX 12.6%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
AVLV 1.45DHLX 0.34since Oct 2025
Worst fallMax drawdown, 5 years
AVLV −19.5%DHLX −8.4%since Sep 2025
Market sensitivityBeta, 5 years
AVLV 0.88DHLX 0.68

AVLV and DHLX in the news

All news⁠

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