AVDE vs VEU: Holdings Overlap
AVDEAvantis International Equity ETF
Avantis · 3290 holdings · $18.2B · as of 2026-05-31
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVDE: 2026-05-31, VEU: 2026-04-30). 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 VEU?
Avantis International Equity ETF (AVDE, by Avantis) holds 3290 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. They have 1087 holdings in common, and by portfolio weight the two funds are 40.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 40.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1087AVDE holds 3290 · VEU holds 3855
- Weight in Shared Holdings
- AVDE 69%·VEU 51%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
2203 of 3290 positions (30.6% of the fund) are not held by VEU. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVDE | VEU |
|---|---|---|
| Financials | 15.9% | 20.0% |
| Information Technology | 4.9% | 16.2% |
| Industrials | 11.1% | 11.7% |
| Materials | 8.4% | 5.4% |
| Consumer Discretionary | 3.5% | 6.1% |
| Other Sectors | 17.7% | 22.1% |
| Unclassified | 37.9% | 17.4% |
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 VEU).
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% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
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 VEU →
Shared Holdings(1087)
The top 10 shared positions account for 11% of the overlap, led by ROP, AZN and ALV.
 ROPRoche Holding AG | 0.94% | 0.73% | 0.73% |
|---|---|---|---|
 AZNAstraZeneca PLC ORD USD0.25 | 0.48% | 0.72% | 0.48% |
 ALVAllianz SE (Registered) | 0.50% | 0.44% | 0.44% |
 TTETotalEnergies SE EUR2.5 | 0.46% | 0.43% | 0.43% |
 RYGovernment Long Bond 1.2x Strategy Fund | 0.41% | 0.64% | 0.41% |
 ABBNABB Ltd. (Registered) | 0.40% | 0.40% | 0.40% |
 UBSGUBS Group AG (Registered) | 0.50% | 0.35% | 0.35% |
 RR-Rolls-Royce Holdings PLC | 0.44% | 0.35% | 0.35% |
 6857Advantest Corp. NPV | 0.37% | 0.34% | 0.34% |
 9984SoftBank Group Corp. | 0.47% | 0.34% | 0.34% |
 TDThe Toronto-Dominion Bank COM NEW | 0.33% | 0.46% | 0.33% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.31% | 0.35% | 0.31% |
 IBEIberdrola SA | 0.31% | 0.39% | 0.31% |
 ENRSiemens Energy AG | 0.30% | 0.40% | 0.30% |
 UCGUniCredit SpA | 0.32% | 0.30% | 0.30% |
 6501Hitachi Ltd. NPV | 0.29% | 0.35% | 0.29% |
 SAFSafran SA | 0.52% | 0.28% | 0.28% |
 DTEDeutsche Telekom AG (Registered) | 0.49% | 0.28% | 0.28% |
 NESNNestle SA (Registered) | 0.28% | 0.66% | 0.28% |
 BMOBank of Montreal COM | 0.32% | 0.27% | 0.27% |
 CBACommonwealth Bank of Australia | 0.27% | 0.54% | 0.27% |
 CMCanadian Imperial Bank of Commerce COM | 0.28% | 0.27% | 0.27% |
 ZURNZurich Insurance Group AG | 0.40% | 0.27% | 0.27% |
 BNPBNP Paribas SA | 0.42% | 0.26% | 0.26% |
 CFRCie Financiere Richemont SA (Registered) | 0.25% | 0.26% | 0.25% |
Showing the top 250 of 1087 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVDE and VEU overlap?
AVDE and VEU overlap by 40.2% of portfolio weight. They share 1087 holdings (AVDE holds 3290 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVDE and VEU?
The two portfolios are 40.2% 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 VEU?
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 AVDE own that VEU doesn't?
2203 positions (30.6% of AVDE) are unique to AVDE, led by ASML, SHEL and HSBC. In the other direction, 2768 positions (47.9% of VEU) are unique to VEU.