AVLIX vs IDEV Fund Comparison

A comparison between AVLIX and IDEV based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on AVLIX vs IDEV

Here's an in depth look at the differences between American Century Value Fund I Class ($AVLIX) and iShares Core MSCI International Developed Markets ETF ($IDEV).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

60% FI Score
  • avlix
  • Mutual Fund
  • US Stocks
  • Large Value

American Century Value Fund I Class

Expenses: 0.80% (Better than 1% of similar funds)

This is an OK choice for a Large Value US Stocks fund. See why »

87% FI Score
  • idev
  • ETF
  • International Stocks
  • Large Blend

iShares Core MSCI International Developed Markets ETF

Expenses: 0.05% (Better than 1% of similar funds)

This is an OK choice for a Large Blend International Stocks fund. See why »

$AVLIX is classified as a Mutual Fund while $IDEV is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

AVLIX IDEV
Market Score 7.8 /10 7.8 /10
Category Score 8.0 /10 10.0 /10
Total 15.8 17.8

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $IDEV

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, AVLIX has an expense ratio of 0.80% while IDEV has an expense ratio of 0.05%.

Winner: $IDEV

Fund Size Comparison

Both AVLIX and IDEV have a similar number of assets under management. AVLIX has 2.15 Billion in assets under management, while IDEV has 2.67 Billion.

Minafi categorizes both of these funds as large funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? AVLIX or IDEV?

Comparing these two funds isn't an apples to apples comparison. AVLIX is a US Stocks Large Value fund, while IDEV is a International Stocks Large Blend fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives AVLIX a score of 60 and IDEV a score of 87.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$AVLIX

American Century Value Fund I Class

60

Read More
Ratings
Rating Type Rating
Expense Ratio Score 6 /10
Expense Rating 2 /10
Market Score 8 /10
Category Score 8 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Sep-1-1993
Exchange NMFQS
Expense Ratio 0.800%
Net Assets 2.15 Billion
Yield 2.12%
Holdings
Description Info
Market US Stocks
Category Large Value
Sectors
  • Basic Materials 1.18%
  • Communication Services 6.27%
  • Consumer Cyclical 6.43%
  • Consumer Defensive 8.75%
  • Energy 12.07%
  • Financial Services 26.88%
  • Healthcare 16.89%
  • Industrials 12.93%
  • Real Estate 0.60%
  • Technology 8.00%
  • Utilities 0.00%
Regions
  • Africa/Middle East 0.52%
  • Australasia 0.52%
  • Europe Developed 6.33%
  • Japan 0.68%
  • North America 88.19%
  • United Kingdom 3.77%

$IDEV

iShares Core MSCI International Developed Markets ETF

87

Read More
Ratings
Rating Type Rating
Diversification Score 8 /10
Expense Ratio Score 10 /10
Expense Rating 10 /10
Market Score 8 /10
Category Score 10 /10
Overview
Overview Details
Fund Type ETF
Exchange NYSE ARCA
Expense Ratio 0.050%
Net Assets 2.67 Billion
Yield 3.71%
Holdings
Description Info
Market International Stocks
Category Large Blend
Sectors
  • Basic Materials 7.85%
  • Communication Services 5.78%
  • Consumer Cyclicals 9.84%
  • Consumer Defensive 10.56%
  • Energy 4.62%
  • Financial Services 17.02%
  • Healthcare 12.61%
  • Industrials 15.11%
  • Real Estate 4.27%
  • Technology 8.61%
  • Utilities 3.72%
Regions
  • Africa/Middle East 0.73%
  • Asia Developed 3.88%
  • Asia Emerging 0.21%
  • Australasia 6.78%
  • Europe Developed 41.27%
  • Europe Emerging 0.01%
  • Japan 24.17%
  • North America 9.44%
  • United Kingdom 13.52%

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