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ETFs

Avantis U.S. Large Cap Value ETF

AVLV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 21 2021
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Avantis Investors
Volume (1m avg. daily)
$8,668,606
AUM
$1,501,446,183
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
3.12%
AAPL
Apple Inc
3.08%
JPM
JPMorgan Chase & Co.
2.62%
XOM
Exxon Mobil Corp.
2.43%
CVX
Chevron Corp.
2.00%
UNP
Union Pacific Corp.
1.70%
TXN
Texas Instruments Inc.
1.67%
CMCSA
Comcast Corp - Ordinary Shares - Class A
1.55%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.54%
AMAT
Applied Materials Inc.
1.51%
Invest with AVLV

What is AVLV?

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of large capitalization U.S. companies. To determine whether a company is a U.S. company, the portfolio managers will consider various factors, including where the company is headquartered, where the company s principal operations are located, where a majority of the company s revenues are derived, where the principal trading market is located, the country in which the company was legally organized, and whether the company is in the fund s benchmark the Russell 1000 Value Index. The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index.

ETFs related toAVLV

ETFs correlated to AVLV include DFUV, FEX, DFLV

AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
JVAL
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Value Factor ETF
VFQY
Vanguard Group, Inc. - Vanguard U.S. Quality Factor ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toAVLV

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with AVLV using Composer

FAQ

AVLV is a US Equities ETF. The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of large capitalization U.S. companies. To determine whether a company is a U.S. company, the portfolio managers will consider various factors, including where the company is headquartered, where the company s principal operations are located, where a majority of the company s revenues are derived, where the principal trading market is located, the country in which the company was legally organized, and whether the company is in the fund s benchmark the Russell 1000 Value Index. The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index.

Yes, AVLV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, AVLV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AVLV is -0.0009%. This is the percent change in the value of AVLV over the most recent 1-month period. The 3-month return on AVLV is 0.0269%. This is the percent change in the value of AVLV over the most recent 3-month period.

The standard deviation of AVLV for the past year is 0.1833%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AVLV include IWO, VTV, and VUG.

ETFs correlated to AVLV include DFUV, FEX, and DFLV.

ETFs that are inversely correlated to AVLV include TZA, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.