What is the expense ratio of AVUV vs IWN?

AVUV has an expense ratio of 0.25%, while IWN has an expense ratio of 0.24%.

AVUV vs IWN

Avantis US Small Cap Value ETF vs iShares Russell 2000 Value ETF

Last updated: 2026-04-08

Avantis US Small Cap Value ETF (AVUV) is an exchange-traded fund that provides exposure to us small cap value securities. It charges a moderate expense ratio of 0.25%. The fund offers a moderate dividend yield of 1.36%. Launched in 2019, the fund has a 7-year track record.

AUM: $23.8B ER: 0.25% Yield: 1.36% Since: Sep 24, 2019

IWN

iShares Russell 2000 Value ETF (IWN) is an exchange-traded fund that provides exposure to us small cap value securities. It charges a moderate expense ratio of 0.24%. The fund offers a moderate dividend yield of 1.55%. Launched in 2000, the fund has a 26-year track record.

AUM: $12.5B ER: 0.24% Yield: 1.55% Since: Jul 24, 2000

Quick Verdict

Both funds have nearly identical expense ratios (0.24% vs 0.25%), so fees are not a differentiator here. AVUV has edged ahead over the past year (52.4% vs 50.5%).

Key Metrics

Metric	AVUV	IWN
Expense Ratio	0.25%	0.24%
Dividend Yield	1.4%	1.6%
Fund Family	N/A	N/A
Category	US Small Cap Value	US Small Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

AVUV +57.6%

IWN +23.7%

Performance Comparison

Period	AVUV	IWN	Difference
1 Month	+5.13%	+3.67%	+1.46%
3 Months	+6.93%	+4.42%	+2.51%
6 Months	+20.37%	+15.10%	+5.27%
YTD	+11.11%	+8.47%	+2.64%
1 Year	+52.43%	+50.46%	+1.97%
3 Years	+56.62%	+47.10%	+9.52%
5 Years	+57.07%	+23.48%	+33.59%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	AVUV Fees	IWN Fees	You Save
$10,000	10 years	$495	$475	$20
$10,000	20 years	$2,111	$2,028	$83
$10,000	30 years	$6,758	$6,497	$262
$50,000	10 years	$2,473	$2,375	$98
$50,000	30 years	$33,792	$32,483	$1,309
$100,000	30 years	$67,584	$64,967	$2,617

Risk Metrics

Based on 5 years of daily returns

Metric	AVUV	IWN
Annualized Volatility	23.0%	21.6%
Max Drawdown	-29.4%	-29.0%
Sharpe Ratio	0.32	0.10

Dividend Comparison

Metric	AVUV	IWN
Annual Dividend (per share)	$1.55	$3.09
Dividend Yield	1.36%	1.56%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

1 of top 10 holdings overlap (10% overlap in top holdings)

AVUV Top Holdings

Name	Weight
Viasat, Inc.VSAT	1.04%
SM Energy CompanySM	1.00%
Five Below, Inc.FIVE	0.99%
Matson, Inc.MATX	0.92%
California Resources CorporationCRC	0.81%
Macy's, Inc.M	0.80%
GATX CorporationGATX	0.79%
Lear CorporationLEA	0.78%
Magnolia Oil & Gas CorporationMGY	0.77%
Archrock, Inc.AROC	0.75%

IWN Top Holdings

Name	Weight
EchoStar CorporationSATS	1.17%
TTM Technologies, Inc.TTMI	0.66%
COEUR MINING INCCDE.NE	0.64%
Hecla Mining CompanyHL	0.63%
UMB Financial CorporationUMBF	0.52%
SM Energy CompanySM	0.52%
Fluor CorporationFLR	0.51%
CareTrust REIT, Inc.CTRE	0.51%
Vaxcyte, Inc.PCVX	0.50%
Praxis Precision Medicines, Inc.PRAX	0.50%

Which One Should You Choose?

Either works if...

you just need broad us small cap value exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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AVUV vs IWM AVUV vs VBR IWN vs VBR