AVDV vs GRID: Holdings Overlap
AVDVAvantis International Small Cap Value ETF
Avantis · 1749 holdings · $18.9B · as of 2026-05-31
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust · 120 holdings · $12.2B · as of 2026-03-31
Holdings snapshots are 61 days apart (AVDV: 2026-05-31, GRID: 2026-03-31). 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 AVDV and GRID?
Avantis International Small Cap Value ETF (AVDV, by Avantis) holds 1749 positions; First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID, by First Trust) holds 120. They have 10 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10AVDV holds 1749 · GRID holds 120
- Weight in Shared Holdings
- AVDV 1%·GRID 2%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 AVDV
1739 of 1749 positions (98.2% of the fund) are not held by GRID. Showing the top 30 by weight.
Only in GRID
110 of 120 positions (97.6% of the fund) are not held by AVDV. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVDV | +5.6% | +18.4% | +36.1% | +26.5% | +14.7% | — | 2.67% |
| GRID | +2.2% | +22.4% | +31.6% | +23.6% | +15.0% | +18.9% | 0.77% |
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 AVDV vs GRID →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by NKT, S92 and NEX.
 NKTNkt AS DKK20 | 0.42% | 0.89% | 0.42% |
|---|---|---|---|
 S92SMA Solar Technology AG NPV (BR) | 0.13% | 0.14% | 0.13% |
 NEXNexans SA EUR1 | 0.08% | 0.70% | 0.08% |
| Osaki Electric Co Ltd NPV | 0.02% | 0.06% | 0.02% |
| Alfen Nv EUR0.10 | 0.02% | 0.03% | 0.02% |
 6674GS Yuasa Corp. NPV | 0.35% | 0.02% | 0.02% |
| Takaoka Toko Co Ltd NPV | 0.01% | 0.04% | 0.01% |
| R&S Group Holding AG CHF0.1 | 0.01% | 0.10% | 0.01% |
 6508Meidensha Corporation NPV | 0.01% | 0.28% | 0.01% |
 SJStella Jones Inc COM NPV | 0.00% | 0.01% | 0.00% |
Frequently Asked Questions
How much do AVDV and GRID overlap?
AVDV and GRID overlap by 0.7% of portfolio weight. They share 10 holdings (AVDV holds 1749 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVDV and GRID?
The two portfolios are 0.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AVDV and GRID?
The largest positions held by both funds are NKT, S92, NEX, Osaki Electric Co Ltd NPV and Alfen Nv EUR0.10. Together the top 10 shared positions account for 100% of the total overlap.
What does AVDV own that GRID doesn't?
1739 positions (98.2% of AVDV) are unique to AVDV, led by ATS, 5706 and CLIS. In the other direction, 110 positions (97.6% of GRID) are unique to GRID.