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AVSC vs DFSV

Avantis U.S. Small Cap Equity ETF

AVSCANYSE Arca

U.S. Small Cap Value Portfolio ETF Class Shares

DFSVANYSE Arca

Overlap

Expense ratio

AVSC −0.05pt a year

AVSC0.25%DFSV0.30%

Avg volume · 30D

DFSV 7.3×the volume

AVSC130KDFSV944K

3Y return · a year

AVSC +1.1pt

AVSC+21.0%DFSV+19.9%

AVSC vs DFSV Performance

Oct 31, 2025 – Oct 30, 2026

+25.8%AVSC+27.6%DFSV

Oct 31, 2025 to Oct 30, 2026. AVSC +25.8%. DFSV +27.6%. Use the arrow keys to read each point.0%10%Oct 2025Apr 2026Oct 2026
Expense ratio
AVSC 0.25%, better
DFSV 0.30%
Fund size
AVSC $3.2B
DFSV $27.8B
1Y total return
AVSC +25.8%
DFSV +27.6%, better
Yield (12M)
AVSC 0.98%
DFSV 1.38%, better
Holdings
AVSC 1540
DFSV 1053
Avg volume (30D)
AVSC 130K sh
DFSV 944K sh, better
NAV per share
AVSC $71.24
DFSV $39.41
52W range

ETF.net Grade

AVSC: Cost 100, Risk 60, Mission not scored, Tradability 90, Holdings 93, Durability 86. DFSV: Cost 91, Risk 59, Mission 62, Tradability 88, Holdings 80, Durability 97.
Pillar letters and Scores for AVSC, DFSV, with each pillar’s weight
PillarAVSCDFSV
Cost30% weightA100HigherA91
Mission25% weightNot scoredB62
Risk15% weightB60HigherB59
Tradability15% weightA90HigherA88
Holdings10% weightA93HigherA80
Durability5% weightA86A97Higher

Rank among US Active Small-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. AVSC and DFSV are both graded against the same 39 US Active Small-Cap funds, so their Grades compare head to head.

US Active Small-Cap⁠

Category · 39 funds
See all 39 ›

AVSC ranks 1st and DFSV 3rd of 39 funds in the US Active Small-Cap Category.

  1. Rank 1AAVSCAvantis U.S. Small Cap Equity ETFScore 88
  2. Rank 2AFESMFidelity Enhanced Small Cap ETFScore 85
  3. Rank 3ADFSVU.S. Small Cap Value Portfolio ETF Class SharesScore 82
  4. Rank 4ADUSGU.S. Small Cap Growth Portfolio: ETF Class SharesScore 75

Our read on each fund

ETF.net Research

AVSCAAvantis U.S. Small Cap Equity ETF

DFSVAU.S. Small Cap Value Portfolio ETF Class Shares

In short

AVSC Avantis's whole-field small cap fund: roughly 1,500 US small companies in one ticker, run by the manager's own rules rather than a published index, at 0.25% a year.

DFSV Small-cap value, spread wide: roughly a thousand of the market's cheaper small companies, measured against the Russell 2000 Value Index. A deeper bench than most rivals carry, at a higher price than the plain index funds beside it.

Stated mandate

AVSC The fund seeks long-term capital appreciation and invests primarily in a diversified group of U.S. small-cap companies across market sectors and industries, with at least 80% of assets normally invested in U.S. small-cap equity securities.

DFSV The fund seeks long-term capital appreciation.

Why people hold it

  • AVSC 0.25% a year versus a 0.52% median for active US small-cap funds. Less than half the going rate for a hands-on manager.
  • Roughly 1,500 holdings spread across sectors and industries, so one small-cap blowup barely dents the fund.
  • One of the strongest all-round implementations in the active US small-cap group on cost, portfolio build and ease of trading.
  • Pays quarterly, trades with steady daily volume, and pulled in over a billion dollars since its 2022 launch.
  • DFSV Roughly 1,000 holdings spread the small-value bet across the whole opportunity set instead of a handful of names.
  • A multi-billion-dollar fund that trades actively, so getting a position on or off is rarely the hard part.
  • Portfolio construction is the strong suit here: broad, diversified small-cap value exposure, with distributions paid quarterly.
  • The mandate is plainly stated: long-term capital appreciation from US stocks, no side quests.

Worth knowing

  • AVSC Undiluted small-cap equity, kept at least 80% invested in the asset class. It rides the small-cap cycle with deeper swings than a large-cap fund.
  • No declared index to check it against. The manager's stock-selection rules are the product, so you are buying a process, not a published benchmark.
  • Its sibling AVUV works the value slice of the same universe at the same 0.25%. Own both and you are doubling up on overlapping small-cap names.
  • DFSV At 0.30% a year it costs more than the typical US value ETF (median 0.18%), and VTWV runs against the same Russell 2000 Value benchmark for 0.06%.
  • Small-cap value is a bumpier corner than the large-cap value funds anchoring this group (VTV, SCHV), and the ride shows it.
  • Launched in 2022, so its live record is short next to the value funds it sits beside.

Full AVSC profile⁠

Full DFSV profile⁠

AVSC vs DFSV 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.

AVSC vs DFSV Cost

Overpaying DFSV vs AVSC

$990

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

  • AVSC 0.25%

    $5,159

  • DFSV 0.30%

    $6,149

$10,000
30 years

Cost over time

  • AVSC 0.25%
  • DFSV 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530DFSV $6,149AVSC $5,159

Year by year

YearAVSCDFSVOverpaying
10$455$545$90
20$1,769$2,113$344
30$5,159$6,149$990

Expense ratio

  • 0.25%AVSC, cheaper
  • 0.30%DFSV
  • Middle half of US Active Small-Cap funds
  • Median 0.55%

AVSC cheapest of 39 funds

DFSV 4th cheapest of 39 funds

AVSC vs DFSV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVSC 0.98%
DFSV 1.38%, better
Payout (12M)
AVSC $0.70
DFSV $0.54
Last payment
AVSC $0.21
DFSV $0.15
Ex-dividend
AVSC Sep 8, 2026
DFSV Sep 22, 2026
Paid on
AVSC Sep 10, 2026
DFSV Sep 24, 2026
Frequency
AVSC Quarterly
DFSV Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

AVSCQuarterly · 19 paymentsAll AVSC payments⁠
One bar per payment. 19 payments from 2022 to 2026 YTD. Mar 22, 2022 $0.07; Jun 21, 2022 $0.09; Sep 20, 2022 $0.16; Dec 15, 2022 $0.15; Mar 23, 2023 $0.13; Jun 20, 2023 $0.13; Sep 21, 2023 $0.17; Dec 18, 2023 $0.16; Mar 21, 2024 $0.13; Jun 24, 2024 $0.19; Sep 23, 2024 $0.12; Dec 17, 2024 $0.20; Mar 25, 2025 $0.14; Jun 24, 2025 $0.18; Sep 23, 2025 $0.18; Dec 16, 2025 $0.19; Mar 10, 2026 $0.09; Jun 9, 2026 $0.22; Sep 8, 2026 $0.21. Use the arrow keys to read each point.$0$0.2520232026YTD
DFSVQuarterly · 19 paymentsAll DFSV payments⁠
One bar per payment. 19 payments from 2022 to 2026 YTD. Mar 22, 2022 $0.0038; Jun 22, 2022 $0.04; Sep 20, 2022 $0.07; Dec 20, 2022 $0.10; Mar 21, 2023 $0.06; Jun 21, 2023 $0.10; Sep 19, 2023 $0.10; Dec 19, 2023 $0.11; Mar 19, 2024 $0.05; Jun 18, 2024 $0.11; Sep 17, 2024 $0.10; Dec 17, 2024 $0.14; Mar 25, 2025 $0.08; Jun 24, 2025 $0.14; Sep 23, 2025 $0.14; Dec 16, 2025 $0.14; Mar 24, 2026 $0.12; Jun 23, 2026 $0.13; Sep 22, 2026 $0.15. Use the arrow keys to read each point.$0$0.2520232026YTD

AVSC vs DFSV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVSC 19.3%DFSV 18.4%, better
Return per unit of riskSharpe ratio, 3 years
AVSC 0.86, betterDFSV 0.84
Worst fallMax drawdown, 5 years
AVSC −28.4%since Jan 2022DFSV −28.0%since Feb 2022
Market sensitivityBeta, 5 years
AVSC 1.04DFSV 1.04Same figure. Both funds show the same value, so neither comes out ahead.

AVSC and DFSV in the news

All news⁠

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