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.
Fundprints Fund Grade · as of 2026-09-01
Avantis US Large Cap Value ETF
#218 of 440 graded active funds · value · large segment peer group
The point · specialist footprint
AVLV puts more of its book behind proven specialists than 62% of graded funds.
Bottom 20%
Bottom 40%
Middle
● Top 40%
Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8 points per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice
You pay 0.15% a year for a C.
3 funds in the same segment carry an A — members see the names and what they charge. See the alternatives →
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.
Conviction exposure
26%
of the book in specialist-converged names
Late-stage weight
20.8%
of the book in Crowded or Fading names
Active share
84.7%
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 2026-09-09
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 a C grade, ranking 218 of 440 funds, though its 0.15% fee is genuinely low. Specialist backing sits at 26%, and five positions including Costco and Netflix are in Fading stage, meaning proven specialists are already leaving those trades. The brightest spot is AMZN at 3.2%, where specialists are still early.
→ Watch Costco, TJX, UPS, KLAC, and Netflix closely, as specialist exits from all five suggest weakening conviction in meaningful positions.
→ Compare AVLV against the three higher graded peers in large cap value before deciding the low fee alone justifies staying.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.
The evidence base updates this week.
The specialists — not the whales — are already positioned for what comes next. Stop finding out last.
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