ACWX vs AVDE: Holdings Overlap
ACWXiShares MSCI ACWI ex U.S. ETF
iShares · 1761 holdings · $11.7B · as of 2026-04-30
AVDEAvantis International Equity ETF
Avantis · 3290 holdings · $18.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (ACWX: 2026-04-30, AVDE: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ACWX and AVDE?
iShares MSCI ACWI ex U.S. ETF (ACWX, by iShares) holds 1761 positions; Avantis International Equity ETF (AVDE, by Avantis) holds 3290. They have 689 holdings in common, and by portfolio weight the two funds are 39.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 39.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 689ACWX holds 1761 · AVDE holds 3290
- Weight in Shared Holdings
- ACWX 53%·AVDE 60%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWX
1072 of 1761 positions (47.2% of the fund) are not held by AVDE. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWX | AVDE |
|---|---|---|
| Financials | 21.6% | 15.9% |
| Information Technology | 17.5% | 4.9% |
| Industrials | 12.5% | 11.1% |
| Materials | 5.8% | 8.4% |
| Consumer Discretionary | 6.5% | 3.5% |
| Other Sectors | 24.2% | 17.7% |
| Unclassified | 11.4% | 37.9% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (11% of ACWX, 38% of AVDE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWX | +3.0% | +16.6% | +28.7% | +19.1% | +9.3% | +9.6% | 2.46% |
| AVDE | +4.7% | +15.8% | +27.7% | +20.7% | +11.2% | — | 2.35% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWX vs AVDE →
Shared Holdings(689)
The top 10 shared positions account for 11% of the overlap, led by ROP, AZN and ALV.
 ROPRoche Holding AG | 0.78% | 0.94% | 0.78% |
|---|---|---|---|
 AZNAstraZeneca PLC ORD USD0.25 | 0.80% | 0.48% | 0.48% |
 ALVAllianz SE (Registered) | 0.47% | 0.50% | 0.47% |
 TTETotalEnergies SE EUR2.5 | 0.50% | 0.46% | 0.46% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.69% | 0.41% | 0.41% |
 ABBNABB Ltd. (Registered) | 0.44% | 0.40% | 0.40% |
 UBSGUBS Group AG (Registered) | 0.39% | 0.50% | 0.39% |
 6857Advantest Corp. NPV | 0.39% | 0.37% | 0.37% |
 RR-Rolls-Royce Holdings PLC | 0.37% | 0.44% | 0.37% |
 9984SoftBank Group Corp. | 0.36% | 0.47% | 0.36% |
 TDThe Toronto-Dominion Bank COM NEW | 0.50% | 0.33% | 0.33% |
 DTEDeutsche Telekom AG (Registered) | 0.32% | 0.49% | 0.32% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.36% | 0.31% | 0.31% |
 IBEIberdrola SA | 0.41% | 0.31% | 0.31% |
 SAFSafran SA | 0.31% | 0.52% | 0.31% |
 ENRSiemens Energy AG | 0.45% | 0.30% | 0.30% |
 UCGUniCredit SpA | 0.29% | 0.32% | 0.29% |
 6501Hitachi Ltd. NPV | 0.41% | 0.29% | 0.29% |
 BMOBank of Montreal COM | 0.29% | 0.32% | 0.29% |
 BNPBNP Paribas SA | 0.29% | 0.42% | 0.29% |
 CMCanadian Imperial Bank of Commerce COM | 0.28% | 0.28% | 0.28% |
 ZURNZurich Insurance Group AG | 0.28% | 0.40% | 0.28% |
 NESNNestle SA (Registered) | 0.71% | 0.28% | 0.28% |
 CNQCanadian Natural Resources Ltd | 0.27% | 0.35% | 0.27% |
 CBACommonwealth Bank of Australia | 0.57% | 0.27% | 0.27% |
Showing the top 250 of 689 shared holdings by overlap weight.
Frequently Asked Questions
How much do ACWX and AVDE overlap?
ACWX and AVDE overlap by 39.9% of portfolio weight. They share 689 holdings (ACWX holds 1761 positions and AVDE holds 3290), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWX and AVDE?
The two portfolios are 39.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ACWX and AVDE?
The largest positions held by both funds are ROP, AZN, ALV, TTE and RY. Together the top 10 shared positions account for 11% of the total overlap.
What does ACWX own that AVDE doesn't?
1072 positions (47.2% of ACWX) are unique to ACWX, led by TSMWF, 005930 and ASML. In the other direction, 2601 positions (39.8% of AVDE) are unique to AVDE.