Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVLV vs SPY: how they differ
AVLV and SPY hold 28% 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 500 ETF Trust.
What they hold in common
By the books each fund has filed, AVLV and SPY hold 28% of their money in the same securities at the same weight.
| Holding | AVLV | SPY |
|---|---|---|
| Amazon.com Inc | 3.18% | 3.62% |
| Apple Inc | 3.17% | 6.59% |
| Micron Technology Inc | 4.57% | 2.02% |
| Meta Platforms Inc | 2.74% | 1.92% |
| Microsoft Corp | 1.63% | 4.30% |
| JPMorgan Chase & Co | 1.79% | 1.36% |
| Applied Materials Inc | 1.06% | 0.89% |
| Exxon Mobil Corp | 2.59% | 0.88% |
| Lam Research Corp | 2.52% | 0.84% |
| Walmart Inc | 0.89% | 0.77% |
| Caterpillar Inc | 2.53% | 0.76% |
| Costco Wholesale Corp | 2.06% | 0.64% |
| Only in AVLV | Only in SPY |
|---|---|
| Flex Ltd 1.06% | NVIDIA Corp. 7.52% |
| Royal Caribbean Cruises Ltd 0.79% | Broadcom, Inc. 2.77% |
| Cheniere Energy Inc 0.66% | Tesla, Inc. 1.84% |
| TechnipFMC PLC 0.54% | Eli Lilly & Co. 1.47% |
| Carnival Corp Ltd 0.53% | Advanced Micro Devices, Inc. 1.47% |
| Nextpower Inc 0.46% | Berkshire Hathaway, Inc. 1.42% |
| Arch Capital Group Ltd 0.44% | Intel Corp. 1.02% |
| Chubb Ltd 0.44% | Johnson & Johnson 0.95% |
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 | SPY SPDR S&P 500 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 500, book from IVV |
| Total return, 1 year | +31.0% | +17.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +13.5 pts | 0.0 pts |
| Expense ratio | 0.15% | 0.09% |
| Already in the S&P 500 | 84.5% | 100.0% |
| Holdings | 275 | 504 |
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%.
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
Questions people ask
- Which returned more over the last year, AVLV or SPY?
- In the year to Sep 12, 2026, with distributions reinvested, AVLV returned +31.0% and SPY returned +17.5%, so AVLV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVLV or SPY?
- AVLV charges 0.15% a year and SPY charges 0.09%, so SPY is cheaper. Fees come from each fund's prospectus.
- How much do AVLV and SPY overlap with the S&P 500?
- By their latest filed holdings, 84% of AVLV and 100% of SPY by weight is stocks the S&P 500 already holds. Between the two funds, 28% of their books are the same securities at the same weight.
Other comparisons
Where to next
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 SPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVLV-SPY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources