AVMV vs SEIV

AVMVAAvantis U.S. Mid Cap Value ETF

SEIVASEI QiM U.S. Large Cap Value Active ETF

In short

AVMV Avantis points its cheap-and-profitable engine at the market's forgotten middle: roughly 300 US mid-cap value names, actively run, priced at 0.20% a year.

SEIV Active quant value stock-picking at an index-fund price. SEIV screens U.S. large caps for cheap valuations plus quality, momentum and low volatility, then runs a concentrated book of roughly 80 names for 0.15% a year.

Stated mandate

AVMV The fund seeks long-term capital appreciation through a broad portfolio of U.S. mid-cap companies. It emphasizes lower valuations and higher profitability while using active investment decisions based on current market information rather than replicating a specified index.

SEIV The Fund seeks long-term capital appreciation through primarily U.S. common stocks priced below fundamental valuation measures, using a quantitative, active stock-selection approach.

Why people hold it

• AVMV Costs 0.20% a year, under the median fee for actively managed US value funds. Daily active oversight at close to index-fund pricing.avantisinvestors.com
• Screens for low valuations paired with high profitability, then leans toward the smaller end of its mid-cap universe. Roughly 300 holdings across sectors.avantisinvestors.com
• No index to copy. It can trade on current prices rather than wait for a scheduled reconstitution, avoiding the crowd at fixed rebalance dates.avantisinvestors.comcibc.com
• Rates among the stronger implementations in a crowded field of active US value funds, helped by low cost and a broad, disciplined portfolio.

• SEIV 0.15% a year for genuine active selection, against a 0.55% median in its U.S. value peer group. It matches the cheapest large-value quant funds rather than charging active prices.
• Value is not the only screen. The model also weighs quality, momentum and low volatility, which is how a cheap-stock strategy tries to avoid the cheap-for-a-reason trap.
• Other funds measured against the S&P 500 in this cohort charge far more (LSVD 0.40%, GSPY 0.50%, VNSE 1.34%). SEIV runs its version at 0.15%.
• Sits among the strongest implementations in a crowded U.S. value field, and trades with enough regular activity to be workable for ordinary retail order sizes.

Worth knowing

• AVMV Thinly traded next to the giants of the value aisle, so spreads can widen, most noticeable on large orders or fast markets.
• Value and profitability screens lean into cheaper, economically sensitive mid caps, which can swing harder than a broad large-cap fund.avantisinvestors.com
• Launched November 2023, so the live record is short, though the Avantis team has run this framework since 2019.prnewswire.com

• SEIV About 80 stocks measured against a 500-name benchmark. That concentration means stretches where it looks nothing like the S&P 500, in either direction.
• Launched in 2022, so the live record is short, and the asset base is mid-sized rather than among the giants of the value aisle.
• You get the factor recipe, not the trade-by-trade logic: selection sits inside a quantitative model. Distributions land quarterly, not monthly.

Full AVMV profile⁠

Full SEIV profile⁠