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AVMC vs HWSM

Avantis U.S. Mid Cap Equity ETF

AVMCANYSE Arca

Hotchkis & Wiley SMID Cap Diversified Value Fund

HWSMCNasdaq

Overlap

Expense ratio

AVMC −0.37pt a year

AVMC0.18%HWSM0.55%

Avg volume · 30D

AVMC 170.1×the volume

AVMC25.5KHWSM150

AVMC vs HWSM Performance

Oct 31, 2025 – Oct 30, 2026

+15.2%AVMC+22.3%HWSM

Oct 31, 2025 to Oct 30, 2026. AVMC +15.2%. HWSM +22.3%. Use the arrow keys to read each point.0%5%10%Oct 2025Apr 2026Oct 2026
Expense ratio
AVMC 0.18%, better
HWSM 0.55%
Fund size
AVMC $532M
HWSM $3M
1Y total return
AVMC +15.2%
HWSM +22.3%, better
Yield (12M)
AVMC 0.98%
HWSM No data
Holdings
AVMC 609
HWSM 174
Avg volume (30D)
AVMC 25.5K sh, better
HWSM 150 sh
NAV per share
AVMC $78.68
HWSM $31.96
52W range

ETF.net Grade

AVMC: Cost 100, Risk 73, Mission not scored, Tradability 90, Holdings 88, Durability 77. HWSM: Cost 54, Risk 65, Mission not scored, Tradability 40, Holdings 67, Durability 15.
Pillar letters and Scores for AVMC, HWSM, with each pillar’s weight
PillarAVMCHWSM
Cost30% weightA100HigherC54
Mission25% weightNot scoredNot scored
Risk15% weightA73HigherB65
Tradability15% weightA90HigherC40
Holdings10% weightA88HigherB67
Durability5% weightA77HigherF15

Rank among US Active Small/Mid-Cap funds

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

Same Category. AVMC and HWSM are both graded against the same 47 US Active Small/Mid-Cap funds, so their Grades compare head to head.

US Active Small/Mid-Cap⁠

Category · 47 funds
See all 47 ›

AVMC ranks 1st and HWSM 31st of 47 funds in the US Active Small/Mid-Cap Category.

  1. Rank 1AAVMCAvantis U.S. Mid Cap Equity ETFScore 89
  2. Rank 2AFEMVFidelity Enhanced Mid Cap Value ETFScore 79
  3. Rank 31CHSMVFirst Trust Horizon Managed Volatility Small/Mid ETFScore 40
  4. Rank 31CHWSMHotchkis & Wiley SMID Cap Diversified Value FundScore 40
  5. Rank 33DNBSMNeuberger Berman Small-Mid Cap ETFScore 39

Our read on each fund

ETF.net Research

AVMCAAvantis U.S. Mid Cap Equity ETF

HWSMCHotchkis & Wiley SMID Cap Diversified Value Fund

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.

HWSM No data

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.

HWSM No data

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.

HWSM No data

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.

HWSM No data

Full AVMC profile⁠

Full HWSM profile⁠

AVMC vs HWSM 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.

AVMC vs HWSM Cost

Overpaying HWSM vs AVMC

$7,155

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

  • AVMC 0.18%

    $3,749

  • HWSM 0.55%

    $10,904

$10,000
30 years

Cost over time

  • AVMC 0.18%
  • HWSM 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$12.5K051015202530HWSM $10,904AVMC $3,749

Year by year

YearAVMCHWSMOverpaying
10$328$988$660
20$1,281$3,790$2,509
30$3,749$10,904$7,155

Expense ratio

  • 0.18%AVMC, cheaper
  • 0.55%HWSM
  • Middle half of US Active Small/Mid-Cap funds
  • Median 0.55%

AVMC cheapest of 47 funds

HWSM 20th cheapest of 47 funds

AVMC vs HWSM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVMC 0.98%
HWSM No data
Payout (12M)
AVMC $0.77
HWSM No data
Last payment
AVMC $0.19
HWSM $0.36
Ex-dividend
AVMC Sep 8, 2026
HWSM Dec 3, 2025
Paid on
AVMC Sep 10, 2026
HWSM Dec 4, 2025
Frequency
AVMC Quarterly
HWSM Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

AVMCQuarterly · 12 paymentsAll AVMC payments⁠
One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 18, 2023 $0.14; Mar 21, 2024 $0.14; Jun 24, 2024 $0.16; Sep 23, 2024 $0.13; Dec 17, 2024 $0.23; Mar 25, 2025 $0.19; Jun 24, 2025 $0.21; Sep 23, 2025 $0.17; Dec 16, 2025 $0.23; Mar 10, 2026 $0.15; Jun 9, 2026 $0.21; Sep 8, 2026 $0.19. Use the arrow keys to read each point.$0$0.2520232026YTD
HWSMIrregular · 1 paymentAll HWSM payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 3, 2025 $0.36. Use the arrow keys to read each point.$0$0.2520232026YTD

AVMC vs HWSM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVMC 14.2%since Dec 2023HWSM 14.1%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
AVMC 0.83since Dec 2023HWSM 1.01since Apr 2025
Worst fallMax drawdown, 5 years
AVMC −21.8%since Nov 2023HWSM −15.7%since Mar 2025
Market sensitivityBeta, 5 years
AVMC 0.94HWSM 0.57

AVMC and HWSM in the news

All news⁠

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