AVUV alternatives and similar ETFs
The ETFs most like AVUV are VBR, IWN and IJS. VBR, IWN and IJS hold small US companies that look cheap compared with their earnings and assets, like AVUV. VBR costs less: 0.05% a year against 0.25%.
Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.25%
- about $25 on $10,000
- Return per year
- 15.0%
- since September 2019
- Worst drop
- −49.4%
- since 2019
- Started trading
- Sep 2019
- Avantis Investors (American Century)
Key points
- 8 funds can stand in for AVUV: 3 of the same kind and 5 related funds.
- AVUV charges 0.25% a year (about $25 on $10,000). The cheapest alternative here, SCHA, charges 0.03%.
- VBR moved most like AVUV: a daily correlation of 0.97 over about the last five years.
- Returns and drops for each pair use the same dates for both funds.
AVUV alternatives at a glance#
Each fund below can stand in for AVUV, closest first. “Same kind” funds hold the same kind of stocks through a different index. “Related” funds make a different bet that often moves the same way.
| ETF | How close | Yearly fee | Fee on $10,000 | Tracks |
|---|---|---|---|---|
| AVUV | This fund | 0.25% | $25 | No index |
| VBR | Same kind of fund | 0.05% | $5 | Morningstar US Small Cap Value Index |
| IWN | Same kind of fund | 0.24% | $24 | Russell 2000 Value Index |
| IJS | Same kind of fund | 0.18% | $18 | S&P SmallCap 600 Value Index |
| IJR | Related fund | 0.06% | $6 | S&P SmallCap 600 Index |
| SCHA | Related fund | 0.03% | $3 | Dow Jones U.S. Small-Cap Total Stock Market Index |
| VB | Related fund | 0.03% | $3 | Morningstar US Small Cap Index |
| IWM | Related fund | 0.19% | $19 | Russell 2000 Index |
| VTV | Related fund | 0.03% | $3 | Morningstar US Large Cap Value Index |
Fees come from each fund company, checked on the dates shown on each fund’s page.
How AVUV and its alternatives did over the same dates#
Each row measures the alternative and AVUV on the days both traded, so neither gets a head start. Correlation shows how closely their daily moves matched over about the last five years. A value of 1 means they always moved together.
| ETF | Moves with AVUV | Per year | AVUV per year | Worst drop | AVUV worst drop | Since |
|---|---|---|---|---|---|---|
| VBR | 0.97 | 11.2% | 15.0% | −45.3% | −49.4% | September 2019 |
| IWN | 0.97 | 10.2% | 15.0% | −44.6% | −49.4% | September 2019 |
| IJS | 0.96 | 9.6% | 15.0% | −45.5% | −49.4% | September 2019 |
| IJR | 0.97 | 9.8% | 15.0% | −42.6% | −49.4% | September 2019 |
| SCHA | 0.93 | 10.4% | 15.0% | −42.4% | −49.4% | September 2019 |
| VB | 0.93 | 10.6% | 15.0% | −42.0% | −49.4% | September 2019 |
| IWM | 0.93 | 9.8% | 15.0% | −41.1% | −49.4% | September 2019 |
| VTV | 0.85 | 13.1% | 15.0% | −36.8% | −49.4% | September 2019 |
Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
Each AVUV alternative, compared#
VBR: Vanguard Morningstar Small-Cap Value ETF#
VBR also holds small US companies that look cheap compared with their earnings and assets. It tracks the Morningstar US Small Cap Value Index, while AVUV tracks no index (its managers pick what it holds).
It charges 0.05% a year, about $5 on $10,000, against $25 for AVUV. It held 820 stocks, against 794 for AVUV.
From September 2019 to October 2026, VBR returned about 11.2% a year and AVUV returned about 15.0% a year. Over about the last five years they moved almost exactly together (correlation 0.97).
Read the VBR fund page for its returns by year and worst drop.
IWN: iShares Russell 2000 Value ETF#
IWN also holds small US companies that look cheap compared with their earnings and assets. It tracks the Russell 2000 Value Index, while AVUV tracks no index (its managers pick what it holds).
It charges 0.24% a year, about $24 on $10,000, against $25 for AVUV. It held 1,410 stocks, against 794 for AVUV.
From September 2019 to October 2026, IWN returned about 10.2% a year and AVUV returned about 15.0% a year. Over about the last five years they moved almost exactly together (correlation 0.97).
Read the IWN fund page for its returns by year and worst drop.
IJS: iShares S&P Small-Cap 600 Value ETF#
IJS also holds small US companies that look cheap compared with their earnings and assets. It tracks the S&P SmallCap 600 Value Index, while AVUV tracks no index (its managers pick what it holds).
It charges 0.18% a year, about $18 on $10,000, against $25 for AVUV. It held 480 stocks, against 794 for AVUV.
From September 2019 to October 2026, IJS returned about 9.6% a year and AVUV returned about 15.0% a year. Over about the last five years they moved almost exactly together (correlation 0.96).
Read the IJS fund page for its returns by year and worst drop.
IJR: iShares Core S&P Small-Cap ETF#
IJR is a looser match. It holds small US companies, while AVUV holds small US companies that look cheap compared with their earnings and assets.
It charges 0.06% a year, about $6 on $10,000, against $25 for AVUV. It held 643 stocks, against 794 for AVUV.
From September 2019 to October 2026, IJR returned about 9.8% a year and AVUV returned about 15.0% a year. Over about the last five years they moved almost exactly together (correlation 0.97).
Read the IJR fund page for its returns by year and worst drop.
SCHA: Schwab U.S. Small-Cap ETF#
SCHA is a looser match. It holds small US companies, while AVUV holds small US companies that look cheap compared with their earnings and assets.
It charges 0.03% a year, about $3 on $10,000, against $25 for AVUV. It held 1,721 stocks, against 794 for AVUV.
From September 2019 to October 2026, SCHA returned about 10.4% a year and AVUV returned about 15.0% a year. Over about the last five years they moved together on most days (correlation 0.93).
Read the SCHA fund page for its returns by year and worst drop.
VB: Vanguard Morningstar Small-Cap ETF#
VB is a looser match. It holds small US companies, while AVUV holds small US companies that look cheap compared with their earnings and assets.
It charges 0.03% a year, about $3 on $10,000, against $25 for AVUV. It held 1,301 stocks, against 794 for AVUV.
From September 2019 to October 2026, VB returned about 10.6% a year and AVUV returned about 15.0% a year. Over about the last five years they moved together on most days (correlation 0.93).
Read the VB fund page for its returns by year and worst drop.
IWM: iShares Russell 2000 ETF#
IWM is a looser match. It holds small US companies, while AVUV holds small US companies that look cheap compared with their earnings and assets.
It charges 0.19% a year, about $19 on $10,000, against $25 for AVUV. It held 1,983 stocks, against 794 for AVUV.
From September 2019 to October 2026, IWM returned about 9.8% a year and AVUV returned about 15.0% a year. Over about the last five years they moved together on most days (correlation 0.93).
Read the IWM fund page for its returns by year and worst drop.
VTV: Vanguard Morningstar Value ETF#
VTV is a looser match. It holds large US companies that look cheap compared with their earnings and assets, while AVUV holds small US companies that look cheap compared with their earnings and assets.
It charges 0.03% a year, about $3 on $10,000, against $25 for AVUV. It held 298 stocks, against 794 for AVUV.
From September 2019 to October 2026, VTV returned about 13.1% a year and AVUV returned about 15.0% a year. Over about the last five years they moved together on most days (correlation 0.85).
Read the VTV fund page for its returns by year and worst drop.
AVUV versions from other fund companies#
Some people keep all their funds with one company. Here is the closest fund to AVUV from each other company on this page:
- Vanguard: VBR, Vanguard Morningstar Small-Cap Value ETF (same kind of fund, 0.05% a year)
- iShares (BlackRock): IWN, iShares Russell 2000 Value ETF (same kind of fund, 0.24% a year)
- Schwab: SCHA, Schwab U.S. Small-Cap ETF (related fund, 0.03% a year)
Most brokers let you buy any ETF, whoever runs it. Mutual fund versions, such as a fund company’s index mutual fund, are not listed here.
How to choose between AVUV and its alternatives#
- What it tracks. A fund on the same index holds the same stocks. A different index can mean different weights, more or fewer holdings, or a different mix.
- The fee. The difference is often small. On $10,000, AVUV costs about $25 a year. SCHA costs about $3.
- History. An older fund has been through more bad markets, so you can see how far it fell.
- What you already own. Two funds that move together add little variety. A fund with a low correlation behaves more on its own.
Swapping AVUV to harvest a tax loss#
Some investors sell a fund at a loss to lower their taxes, then buy a similar fund so they stay invested. This is called tax-loss harvesting.
The IRS wash sale rule blocks the loss if you buy a “substantially identical” security within 30 days before or after the sale. The IRS has not said exactly when two funds count. Funds on the same index are more likely to. Funds on a different index, such as VBR, IWN or IJS, are less likely to.
Ask a tax professional before you rely on this. Read the IRS rules in Publication 550.
Test AVUV and its alternatives in a backtest#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add AVUV and VBR, and see how each would have done on the same dates, or how a mix of both would have done.
The details#
Alternatives are picked from facts, not from returns. First come funds that track the same index as AVUV. Then come funds that hold the same kind of stocks through another index. Last come funds from a close category that make a different bet. Leveraged funds are only listed as alternatives to other leveraged funds.
Within each group, the funds whose daily returns moved most like AVUV over about the last five years come first. Returns and worst drops use Tactfolio’s stored daily prices, adjusted for splits, with dividends reinvested. Each alternative is measured with AVUV only on days both traded. Read what a backtest simulates for more on these measures.
Common questions#
What ETF is most similar to AVUV?#
VBR is the closest. VBR also holds small US companies that look cheap compared with their earnings and assets. It tracks the Morningstar US Small Cap Value Index, while AVUV tracks no index (its managers pick what it holds). Over about the last five years they moved almost exactly together.
Is there a cheaper alternative to AVUV?#
Yes. SCHA charges 0.03% a year, VB charges 0.03% a year and VTV charges 0.03% a year, against 0.25% for AVUV. On $10,000 that is about $3 a year instead of $25.
Is AVUV or VBR better?#
Neither is better for everyone. From September 2019 to October 2026, AVUV returned about 15.0% a year and VBR returned about 11.2% a year. AVUV charges 0.25% a year and VBR charges 0.05%. Past returns do not tell you what comes next.
Sources#
- Avantis Investors (American Century): Avantis U.S. Small Cap Value ETF fund page
- Vanguard: Vanguard Morningstar Small-Cap Value ETF fund page
- iShares (BlackRock): iShares Russell 2000 Value ETF fund page
- iShares (BlackRock): iShares S&P Small-Cap 600 Value ETF fund page
- iShares (BlackRock): iShares Core S&P Small-Cap ETF fund page
- Schwab: Schwab U.S. Small-Cap ETF fund page
- Vanguard: Vanguard Morningstar Small-Cap ETF fund page
- iShares (BlackRock): iShares Russell 2000 ETF fund page
- Vanguard: Vanguard Morningstar Value ETF fund page
- IRS Publication 550: wash sales