The Fund Grade · free · no account needed

What grade does AVLV get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-10-01

Avantis US Large Cap Value ETF

#7 of 500 graded active funds · value · mid segment peer group

The point · specialist footprint

AVLV sits mid pack for specialist backing among graded funds.

Bottom 20%

Bottom 40%

● Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.

10,000+ funds tracked · the graded specialists among them drive every read

You pay 0.15% a year for a A.

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

AVLV vs the Honor Roll · share card ↗

Conviction exposure

26.7%

of the book in specialist-converged names

Late-stage weight

15%

of the book in Crowded or Fading names

Active share

87.3%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
MU 4.6%AMZN 3.2%AAPL 3.2%+42 locked
Consensus
MRK 1.8%VZ 1.6%UNP 1.5%+106 locked
Emerging
JPM 1.8%AMAT 1.1%UPS 0.9%+14 locked
Crowded
NFLX 0.9%TRGP 0.8%GWW 0.7%+30 locked
Fading
CAT 2.5%TJX 1.5%MS 1.4%+53 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

AVLV earns an A grade and ranks 7 of 500 funds, with specialists holding 26.7% of the book at a very low 0.15% fee. Proven specialists are building early positions in CAT, COST, and MRK, which is the clearest signal here. The flip side is that TJX, NFLX, and WMT are all Fading, meaning those same specialists are quietly walking away.

→ Watch TJX, NFLX, and WMT closely, as specialist exits from all three at once is a meaningful pattern worth tracking.

→ The 0.15% fee paired with an A grade and early specialist conviction in CAT and COST makes the cost argument straightforward to evaluate.

Support leaving these positions

CAT 2.5% of the fund · Fading

TJX 1.5% of the fund · Fading

MS 1.4% of the fund · Fading

FLEX 1.1% of the fund · Fading

NFLX 0.9% of the fund · Crowded

Where it's genuinely early

MU 4.6% of the fund · Early Conviction

AMZN 3.2% of the fund · Early Conviction

AAPL 3.2% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

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