Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVLV vs MDY: how they differ
AVLV and MDY hold 10% of their weight in the same names, and AVLV returned more over the year.
Avantis U.S. Large Cap Value ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, AVLV and MDY hold 10% of their money in the same securities at the same weight.
| Holding | AVLV | MDY |
|---|---|---|
| Nextpower Inc | 0.46% | 0.49% |
| Burlington Stores Inc | 0.41% | 0.55% |
| Solstice Advanced Materials Inc | 0.34% | 0.39% |
| BorgWarner Inc | 0.34% | 0.38% |
| East West Bancorp Inc | 0.31% | 0.49% |
| Talen Energy Corp/Old | 0.30% | 0.48% |
| Permian Resources Corp | 0.28% | 0.40% |
| Exelixis Inc | 0.26% | 0.38% |
| Ovintiv Inc | 0.26% | 0.40% |
| Texas Roadhouse Inc | 0.25% | 0.35% |
| Ally Financial Inc | 0.24% | 0.35% |
| Ryder System Inc | 0.23% | 0.28% |
| Only in AVLV | Only in MDY |
|---|---|
| Micron Technology Inc 4.57% | TWILIO INC 0.86% |
| Amazon.com Inc 3.18% | CARPENTER TECHNOLOGY CORP 0.85% |
| Apple Inc 3.17% | MKS INC 0.83% |
| Meta Platforms Inc 2.74% | CURTISS-WRIGHT CORP 0.77% |
| Exxon Mobil Corp 2.59% | ENTEGRIS INC 0.76% |
| Caterpillar Inc 2.53% | NVENT ELECTRIC PLC 0.76% |
| Lam Research Corp 2.52% | ILLUMINA INC 0.73% |
| Costco Wholesale Corp 2.06% | TECHNIPFMC PLC 0.73% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| AVLV Avantis U.S. Large Cap Value ETF | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | State Street |
| What it is | U.S. Large Cap Value | S&P MidCap 400, book from IJH |
| Total return, 1 year | +31.0% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +13.5 pts | −4.5 pts |
| Expense ratio | 0.15% | 0.23% |
| Already in the S&P 500 | 84.5% | 0.0% |
| Holdings | 275 | 400 |
AVLV in plain words
AVLV is an index equity fund tracking the U.S. Large Cap Value. Over the year to Sep 11, 2026 it returned +31.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for May 31, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 275 positions, with the top ten at 26.9%.
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, AVLV or MDY?
- In the year to Sep 12, 2026, with distributions reinvested, AVLV returned +31.0% and MDY returned +13.0%, so AVLV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVLV or MDY?
- AVLV charges 0.15% a year and MDY charges 0.23%, so AVLV is cheaper. Fees come from each fund's prospectus.
- How much do AVLV and MDY overlap with the S&P 500?
- By their latest filed holdings, 84% of AVLV and 0% of MDY by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AVLV against MDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVLV-MDY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources