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AVLV vs SMRI

Avantis U.S. Large Cap Value ETF

AVLVANYSE Arca

Bushido Capital US Equity ETF

SMRICNasdaq

Overlap

Expense ratio

AVLV −0.56pt a year

AVLV0.15%SMRI0.71%

Avg volume · 30D

AVLV 98.9×the volume

AVLV1.62MSMRI16.4K

3Y return · a year

SMRI +2.6pt

AVLV+24.7%SMRI+27.3%

AVLV vs SMRI Performance

Oct 31, 2025 – Oct 30, 2026

+31.0%AVLV+37.4%SMRI

Oct 31, 2025 to Oct 30, 2026. AVLV +31.0%. SMRI +37.4%. Use the arrow keys to read each point.0%10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
AVLV 0.15%, better
SMRI 0.71%
Fund size
AVLV $22.6B
SMRI $708M
1Y total return
AVLV +31.0%
SMRI +37.4%, better
Yield (12M)
AVLV 1.09%
SMRI 1.41%, better
Holdings
AVLV 297
SMRI 51
Avg volume (30D)
AVLV 1.62M sh, better
SMRI 16.4K sh
NAV per share
AVLV $94.04
SMRI $47.19
52W range

ETF.net Grade

AVLV: Cost 98, Risk 59, Mission 87, Tradability 99, Holdings 75, Durability 85. SMRI: Cost 19, Risk 54, Mission 69, Tradability 54, Holdings 76, Durability 67.
Pillar letters and Scores for AVLV, SMRI, with each pillar’s weight
PillarAVLVSMRI
Cost30% weightA98HigherF19
Mission25% weightA87HigherB69
Risk15% weightB59HigherC54
Tradability15% weightA99HigherC54
Holdings10% weightA75A76Higher
Durability5% weightA85HigherB67

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 SMRI 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 SMRI 40th of 64 funds in the US Active Value Category.

  1. Rank 1AAVLVAvantis U.S. Large Cap Value ETFScore 86
  2. Rank 1AWTVWisdomTree U.S. Value FundScore 86
  3. Rank 39CMDLVMorgan Dempsey Large Cap Value ETFScore 44
  4. Rank 40CSMRIBushido Capital US Equity ETFScore 43
  5. Rank 41CDUSADavis Select U.S. Equity ETFScore 42

Our read on each fund

ETF.net Research

AVLVAAvantis U.S. Large Cap Value ETF

SMRICBushido Capital US Equity ETF

In short

AVLV No data

SMRI Boutique value, old school: 30 to 50 US stocks, equal weighted, screened on cash flow and read through earnings calls. Most of this category buys hundreds of names for pennies. SMRI charges 0.71% to own a few dozen with conviction.

Stated mandate

AVLV No data

SMRI The Fund seeks long-term capital appreciation.

Why people hold it

AVLV No data

  • SMRI Concentration on purpose: 30 to 50 stocks held at equal weight, so a mid-cap idea carries the same freight as a mega-cap. The issuer calls the high active share deliberate.etfarchitect.cometfarchitect.com 2
  • The homework is fundamental: free cash flow against capital employed, returns on capital across cycles, shareholder-friendly capital allocation, a cheap price on those cash flows.etfarchitect.com
  • One line item: the 0.71% management fee is the whole bill, with no 12b-1 fee and other expenses listed at 0.00% in the fee table. Distributions are paid quarterly.etfarchitect.com
  • Live since 2023 and now a few hundred million dollars in size, which is real traction for a single-strategy boutique shop.

Worth knowing

AVLV No data

  • SMRI Cost is the trade-off: 0.71% sits above the typical US value fund and well above the quant crowd, where AVLV and SEIV charge 0.15% and WTV charges 0.12%.
  • Thinly traded next to the category's giants, so spreads can widen. Limit orders and unhurried timing matter more here.
  • With a few dozen equal-weighted names, one company's stumble shows up in results, and the portfolio can look nothing like a value index for stretches.etfarchitect.cometfarchitect.com 2

Full AVLV profile⁠

Full SMRI profile⁠

AVLV vs SMRI 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 SMRI Cost

Overpaying SMRI vs AVLV

$10,645

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

  • AVLV 0.15%

    $3,137

  • SMRI 0.71%

    $13,782

$10,000
30 years

Cost over time

  • AVLV 0.15%
  • SMRI 0.71%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SMRI $13,782AVLV $3,137

Year by year

YearAVLVSMRIOverpaying
10$274$1,267$993
20$1,071$4,824$3,753
30$3,137$13,782$10,645

Expense ratio

  • 0.15%AVLV, cheaper
  • 0.71%SMRI
  • Middle half of US Active Value funds
  • Median 0.54%

AVLV 2nd cheapest of 64 funds

SMRI 51st cheapest of 64 funds

AVLV vs SMRI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVLV 1.09%
SMRI 1.41%, better
Payout (12M)
AVLV $1.03
SMRI $0.67
Last payment
AVLV $0.23
SMRI $0.44
Ex-dividend
AVLV Sep 8, 2026
SMRI Sep 28, 2026
Paid on
AVLV Sep 10, 2026
SMRI Sep 30, 2026
Frequency
AVLV Quarterly
SMRI 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$0.5020232026YTD
SMRIQuarterly · 9 paymentsAll SMRI payments⁠
One bar per payment. 9 payments from 2021 to 2026 YTD. Dec 20, 2023 $0.12; Dec 30, 2024 $0.31; Mar 28, 2025 $0.14; Jun 27, 2025 $0.06; Sep 29, 2025 $0.15; Dec 23, 2025 $0.13; Mar 30, 2026 $0.07; Jun 29, 2026 $0.03; Sep 28, 2026 $0.44. Use the arrow keys to read each point.$0$0.5020232026YTD

AVLV vs SMRI 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%, betterSMRI 16.1%
Return per unit of riskSharpe ratio, 3 years
AVLV 1.45, betterSMRI 1.32
Worst fallMax drawdown, 5 years
AVLV −19.5%SMRI −18.4%since Sep 2023
Market sensitivityBeta, 5 years
AVLV 0.88SMRI 0.90

AVLV and SMRI in the news

All news⁠

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