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AVUS vs ILCV

Avantis U.S. Equity ETF

AVUSANYSE Arca

iShares Morningstar Value ETF

ILCVANYSE Arca

Overlap

Expense ratio

ILCV −0.11pt a year

AVUS0.15%ILCV0.04%

Avg volume · 30D

AVUS 12.2×the volume

AVUS307KILCV25.2K

5Y return · a year

ILCV +1.5pt

AVUS+10.6%ILCV+12.1%

AVUS vs ILCV Performance

Nov 5, 2021 – Nov 5, 2026

+65.3%AVUS+77.3%ILCV

Nov 5, 2021 to Nov 5, 2026. AVUS +65.3%. ILCV +77.3%. Use the arrow keys to read each point.−20%0%20%40%Nov 2021May 2024Nov 2026
Expense ratio
AVUS 0.15%
ILCV 0.04%, better
Fund size
AVUS $14.9B
ILCV $1.41B
1Y total return
AVUS +14.3%
ILCV +20.5%, better
Yield (12M)
AVUS 0.96%
ILCV 1.52%, better
Holdings
AVUS 1943
ILCV 374
Avg volume (30D)
AVUS 307K sh, better
ILCV 25.2K sh
NAV per share
AVUS $129.63
ILCV $111.85
52W range

ETF.net Grade

AVUS: Cost 83, Risk 55, Mission 80, Tradability 96, Holdings 50, Durability 72. ILCV: Cost 99, Risk 90, Mission 81, Tradability 62, Holdings 40, Durability 82.
Pillar letters and Scores for AVUS, ILCV, with each pillar’s weight
PillarAVUSILCV
Cost30% weightA83A99Higher
Mission25% weightA80A81Higher
Risk15% weightB55A90Higher
Tradability15% weightA96HigherB62
Holdings10% weightC50HigherC40
Durability5% weightA72A82Higher

Rank among US Multifactor funds

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

Same Category. AVUS and ILCV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds
See all 99 ›

ILCV ranks 3rd and AVUS 12th of 99 funds in the US Multifactor Category.

  1. Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
  2. Rank 2AVYMVanguard High Dividend Yield ETFScore 81
  3. Rank 3AILCViShares Morningstar Value ETFScore 80
  4. Rank 3AIMCViShares Morningstar Mid-Cap Value ETFScore 80
  5. Rank 11AGSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETFScore 77
  6. Rank 12AAVUSAvantis U.S. Equity ETFScore 76
  7. Rank 12ASMLFiShares U.S. Small-Cap Equity Factor ETFScore 76

Our read on each fund

ETF.net Research

AVUSAAvantis U.S. Equity ETF

ILCVAiShares Morningstar Value ETF

In short

AVUS Most multifactor funds outsource the job to an index. AVUS doesn't: Avantis runs a whole-market U.S. portfolio actively, leaning toward smaller, cheaper, more profitable companies, and charges 0.15% to do it.

ILCV Value done the thorough way: roughly 400 large- and mid-cap US stocks screened on five separate value measures, not just cheap book value. Running since 2004 at four basis points, it's one of the cheapest tickets into the value factor.

Stated mandate

AVUS The fund seeks long-term capital appreciation by investing broadly in U.S. companies of all market capitalizations, while emphasizing smaller companies and those with stronger profitability and value characteristics.

ILCV The fund seeks to track an index of U.S. large- and mid-cap stocks selected with value-oriented measures including forward earnings, book value, sales, cash flow, and dividend yield.

Why people hold it

  • AVUS 0.15% a year, well under the typical fee in its multifactor peer group.
  • No index to shadow. Managers can act on price and profitability data as it changes instead of waiting for a calendar rebalance date.avantisinvestors.com
  • Roughly 1,900 stocks across large, mid and small caps: a full-market holding with the tilts built in, not a narrow factor sleeve.
  • A multi-billion-dollar fund and one of the easier names in its cohort to trade, which keeps the cost of getting in and out low.
  • ILCV Charges 0.04% a year against a 0.32% median for its factor peer group. Undercuts well-regarded rivals like VONV (0.06%) and FNDX (0.25%).
  • Value gets defined five ways: forward earnings, book value, sales, cash flow and dividend yield. Wider lens than a single price-to-book screen.ishares.com
  • Spreads the bet across about 400 large- and mid-cap names and distributes quarterly.
  • Trading since 2004 and now a multi-billion-dollar fund, it ranks among the strongest implementations in its factor cohort.

Worth knowing

  • AVUS The small-cap and value leanings are the whole point, so the portfolio can look nothing like a megacap-led S&P 500 fund in either direction.
  • Cheap, not the cheapest shelf. Index peers such as VYM (0.04%) and VONV (0.06%) undercut it on fee.
  • Actively managed with no published index behind it, so what you get is Avantis's rulebook and its execution rather than a benchmark you can check line by line.avantisinvestors.com
  • ILCV One of the quieter tickers in its category. Thin volume means spreads matter more here than on a mega-cap index fund, and limit orders are the usual tool.
  • Value-only by design. It skips the market's priciest growth leaders, so it moves differently from a total-market fund in both directions.ishares.com
  • Large and mid caps only. Small-cap value sits outside the mandate.

Full AVUS profile⁠

Full ILCV profile⁠

AVUS vs ILCV 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.

AVUS vs ILCV Cost

Overpaying AVUS vs ILCV

$2,288

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

  • AVUS 0.15%

    $3,137

  • ILCV 0.04%

    $849

$10,000
30 years

Cost over time

  • AVUS 0.15%
  • ILCV 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530AVUS $3,137ILCV $849

Year by year

YearAVUSILCVOverpaying
10$274$73$201
20$1,071$288$783
30$3,137$849$2,288

Expense ratio

  • 0.15%AVUS
  • 0.04%ILCV, cheaper
  • Middle half of US Multifactor funds
  • Median 0.29%

ILCV cheapest of 99 funds

AVUS 13th cheapest of 99 funds

AVUS vs ILCV Dividends

Last 12 months to Nov 5, 2026
Yield (12M)
AVUS 0.96%
ILCV 1.52%, better
Payout (12M)
AVUS $1.20
ILCV $1.65
Last payment
AVUS $0.29
ILCV $0.42
Ex-dividend
AVUS Sep 8, 2026
ILCV Sep 15, 2026
Paid on
AVUS Sep 10, 2026
ILCV Sep 18, 2026
Frequency
AVUS Quarterly
ILCV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AVUSQuarterly · 28 paymentsAll AVUS payments⁠
One bar per payment. 28 payments from 2017 to 2026 YTD. Dec 23, 2019 $0.19; Mar 24, 2020 $0.15; Jun 23, 2020 $0.18; Sep 22, 2020 $0.19; Dec 17, 2020 $0.22; Mar 23, 2021 $0.16; Jun 22, 2021 $0.20; Sep 21, 2021 $0.23; Dec 16, 2021 $0.27; Mar 22, 2022 $0.21; Jun 21, 2022 $0.26; Sep 20, 2022 $0.28; Dec 15, 2022 $0.32; Mar 23, 2023 $0.26; Jun 20, 2023 $0.28; Sep 21, 2023 $0.27; Dec 18, 2023 $0.34; Mar 21, 2024 $0.26; Jun 24, 2024 $0.30; Sep 23, 2024 $0.33; Dec 17, 2024 $0.34; Mar 25, 2025 $0.30; Jun 24, 2025 $0.31; Sep 23, 2025 $0.28; Dec 16, 2025 $0.32; Mar 10, 2026 $0.24; Jun 9, 2026 $0.34; Sep 8, 2026 $0.29. Use the arrow keys to read each point.$0$0.502017202020232026YTD
ILCVQuarterly · 39 paymentsAll ILCV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.28; Jun 27, 2017 $0.30; Sep 26, 2017 $0.31; Dec 19, 2017 $0.34; Mar 22, 2018 $0.33; Jun 26, 2018 $0.35; Sep 26, 2018 $0.34; Dec 17, 2018 $0.39; Mar 20, 2019 $0.35; Jun 17, 2019 $0.34; Sep 24, 2019 $0.44; Dec 16, 2019 $0.45; Mar 25, 2020 $0.44; Jun 15, 2020 $0.40; Sep 23, 2020 $0.41; Dec 14, 2020 $0.40; Mar 25, 2021 $0.36; Jun 10, 2021 $0.25; Sep 24, 2021 $0.39; Dec 13, 2021 $0.40; Mar 24, 2022 $0.33; Jun 9, 2022 $0.27; Sep 26, 2022 $0.47; Dec 13, 2022 $0.40; Mar 23, 2023 $0.36; Jun 7, 2023 $0.30; Sep 26, 2023 $0.45; Dec 20, 2023 $0.48; Mar 21, 2024 $0.35; Jun 11, 2024 $0.37; Sep 25, 2024 $0.46; Dec 17, 2024 $0.43; Mar 18, 2025 $0.38; Jun 16, 2025 $0.40; Sep 16, 2025 $0.40; Dec 16, 2025 $0.48; Mar 17, 2026 $0.36; Jun 15, 2026 $0.39; Sep 15, 2026 $0.42. Use the arrow keys to read each point.$0$0.502017202020232026YTD

AVUS vs ILCV Risk

Fall from peak · 5 years

  • AVUS
  • ILCV
Nov 5, 2021 to Nov 5, 2026. Worst fall: AVUS −22.2% · Sep 2022. Use the arrow keys to read each point.−20%−15%−10%−5%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
AVUS 12.7%ILCV 10.7%, better
Return per unit of riskSharpe ratio, 3 years
AVUS 1.37ILCV 1.57, better
Worst fallMax drawdown, 5 years
AVUS −22.2%ILCV −18.6%, better
Market sensitivityBeta, 5 years
AVUS 1.00ILCV 0.82

AVUS and ILCV in the news

All news⁠

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