AVDE vs SPDW: Holdings Overlap
AVDEAvantis International Equity ETF
Avantis · 3290 holdings · $18.2B · as of 2026-05-31
SPDWState Street® SPDR® Portfolio Developed World ex-US ETF
State Street (SPDR) · 2342 holdings · $40.5B · as of 2026-08-04
Holdings snapshots are 65 days apart (AVDE: 2026-05-31, SPDW: 2026-08-04). 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 AVDE and SPDW?
Avantis International Equity ETF (AVDE, by Avantis) holds 3290 positions; State Street® SPDR® Portfolio Developed World ex-US ETF (SPDW, by State Street (SPDR)) holds 2342. They have 1560 holdings in common, and by portfolio weight the two funds are 49.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1560AVDE holds 3290 · SPDW holds 2342
- Weight in Shared Holdings
- AVDE 78%·SPDW 70%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 AVDE
1730 of 3290 positions (21.9% of the fund) are not held by SPDW. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVDE | SPDW |
|---|---|---|
| Financials | 15.9% | 21.9% |
| Industrials | 11.1% | 13.2% |
| Information Technology | 4.9% | 12.6% |
| Materials | 8.4% | 5.9% |
| Health Care | 3.5% | 6.3% |
| Other Sectors | 17.6% | 21.5% |
| Unclassified | 37.9% | 17.3% |
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 (38% of AVDE, 18% of SPDW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVDE | +4.7% | +15.8% | +27.7% | +20.7% | +11.2% | — | 2.35% |
| SPDW | +3.1% | +17.9% | +30.1% | +19.9% | +10.1% | +10.3% | 2.94% |
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 AVDE vs SPDW →
Shared Holdings(1560)
The top 10 shared positions account for 10% of the overlap, led by ROP, ALV and UBSG.
 ROPRoche Holding AG | 0.94% | 0.93% | 0.93% |
|---|---|---|---|
 ALVAllianz SE (Registered) | 0.50% | 0.56% | 0.50% |
 UBSGUBS Group AG (Registered) | 0.50% | 0.50% | 0.50% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.48% | 0.73% | 0.48% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 0.51% | 0.46% |
 RR-Rolls-Royce Holdings PLC | 0.44% | 0.54% | 0.44% |
 9984SoftBank Group Corp. | 0.47% | 0.42% | 0.42% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.41% | 0.87% | 0.41% |
 SAFSafran SA | 0.52% | 0.40% | 0.40% |
 ABBNABB Ltd. (Registered) | 0.40% | 0.48% | 0.40% |
 BNPBNP Paribas SA | 0.42% | 0.39% | 0.39% |
 6857Advantest Corp. NPV | 0.37% | 0.48% | 0.37% |
 DTEDeutsche Telekom AG (Registered) | 0.49% | 0.34% | 0.34% |
 TDThe Toronto-Dominion Bank COM NEW | 0.33% | 0.59% | 0.33% |
 ZURNZurich Insurance Group AG | 0.40% | 0.32% | 0.32% |
 BMOBank of Montreal COM | 0.32% | 0.38% | 0.32% |
 UCGUniCredit SpA | 0.32% | 0.47% | 0.32% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.31% | 0.41% | 0.31% |
 IBEIberdrola SA | 0.31% | 0.44% | 0.31% |
 ENRSiemens Energy AG | 0.30% | 0.37% | 0.30% |
 6501Hitachi Ltd. NPV | 0.29% | 0.47% | 0.29% |
 CMCanadian Imperial Bank of Commerce COM | 0.28% | 0.32% | 0.28% |
 CNQCanadian Natural Resources Ltd | 0.35% | 0.28% | 0.28% |
 NESNNestle SA (Registered) | 0.28% | 0.76% | 0.28% |
 CBACommonwealth Bank of Australia | 0.27% | 0.62% | 0.27% |
Showing the top 250 of 1560 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVDE and SPDW overlap?
AVDE and SPDW overlap by 49.6% of portfolio weight. They share 1560 holdings (AVDE holds 3290 positions and SPDW holds 2342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVDE and SPDW?
The two portfolios are 49.6% 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 AVDE and SPDW?
The largest positions held by both funds are ROP, ALV, UBSG, AZN and TTE. Together the top 10 shared positions account for 10% of the total overlap.
What does AVDE own that SPDW doesn't?
1730 positions (21.9% of AVDE) are unique to AVDE, led by ASML, SHEL and HSBC. In the other direction, 782 positions (28.7% of SPDW) are unique to SPDW.