AVMC vs EPMV

AVMCAAvantis U.S. Mid Cap Equity ETF

EPMVDHarbor Mid Cap Value ETF (EPMV)

In short

AVMC The forgotten middle of the US market, run the Avantis way: roughly 600 mid-cap names tilted toward cheaper stocks with stronger profits, at 0.18% a year. Systematic active management priced like an index fund.

EPMV Harbor's mid-cap value ETF, launched in 2025, runs a concentrated book of roughly 60 US stocks aimed at long-term total return. Active-manager pricing, a short history, and a portfolio built to look nothing like an index.

Stated mandate

AVMC Seeks long-term capital appreciation through a broad portfolio of U.S. mid-cap companies, emphasizing securities with lower valuations and higher profitability ratios.

EPMV The Fund seeks long-term total return.

Why people hold it

• AVMC 0.18% a year, against a 0.65% median for active US equity funds. Index-fund pricing on an active mandate.
• Spreads the value-and-profitability tilt across roughly 600 mid-caps, so it leans on the screen rather than a handful of concentrated picks.avantisinvestors.com
• One of the strongest implementations in our active US equity group, sitting with large-cap sibling AVLC and the Dimensional core funds.
• Pure mid-cap exposure with a quarterly distribution, filling the gap most portfolios leave between mega-caps and small caps.

• EPMV Concentrated by design: roughly 60 names, so individual stock picks register instead of getting diluted across hundreds of positions.
• The mandate is plain: principally US common stocks and other equity securities, with long-term total return as the stated objective.
• The portfolio is the strong suit here. Its holdings stack up better against active US equity peers than its price tag does.

Worth knowing

• AVMC Trades lighter than the giant index ETFs, which can mean wider bid-ask spreads at the moment you transact.
• Launched in 2023, so the live record is short. There's no published index behind it either: outcomes come from Avantis' own valuation and profitability rules.
• All mid-cap, no mega-cap ballast, plus a tilt away from expensive names. Both can put it out of step with a market led by the largest growth stocks.

• EPMV The fee is 0.88% a year, above the typical active US equity ETF and far above index-plus rivals like DFAC (0.17%) and DFAU (0.12%).
• It launched in May 2025, so there is little track record to judge, and trading is thin enough that spreads deserve a look before you place an order.
• Distributions arrive once or twice a year, not quarterly or monthly.

Full AVMC profile⁠

Full EPMV profile⁠