AVDV vs NFRA: Holdings Overlap
AVDVAvantis International Small Cap Value ETF
Avantis · 1749 holdings · $18.9B · as of 2026-05-31
NFRAFlexShares STOXX Global Broad Infrastructure Index Fund
FlexShares · 185 holdings · $3.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVDV: 2026-05-31, NFRA: 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 AVDV and NFRA?
Avantis International Small Cap Value ETF (AVDV, by Avantis) holds 1749 positions; FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA, by FlexShares) holds 185. 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 · NFRA holds 185
- Weight in Shared Holdings
- AVDV 1%·NFRA 1%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 NFRA. Showing the top 30 by weight.
Only in NFRA
175 of 185 positions (98.3% 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% |
| NFRA | +1.4% | +10.0% | +12.8% | +12.9% | +6.1% | +6.9% | 5.63% |
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 NFRA →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by AZJ, 9001 and SOBO.
 AZJAurizon Holdings Ltd. | 0.21% | 0.23% | 0.21% |
|---|---|---|---|
 9001Tobu Railway Co. Ltd. | 0.19% | 0.16% | 0.16% |
 SOBOSouth Bow Corp. | 0.24% | 0.12% | 0.12% |
 POSTOesterreichische Post AG | 0.12% | 0.06% | 0.06% |
 VPKKoninklijke Vopak NV | 0.09% | 0.05% | 0.05% |
 9007Odakyu Electric Railway Co. Ltd. | 0.03% | 0.15% | 0.03% |
 CTTCTT-Correios de Portugal SA | 0.09% | 0.02% | 0.02% |
 9142Kyushu Railway Co. | 0.02% | 0.17% | 0.02% |
 9247TRE Holdings Corp. | 0.06% | 0.02% | 0.02% |
 KEYKeyera Corp. | 0.00% | 0.14% | 0.00% |
Frequently Asked Questions
How much do AVDV and NFRA overlap?
AVDV and NFRA overlap by 0.7% of portfolio weight. They share 10 holdings (AVDV holds 1749 positions and NFRA holds 185), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVDV and NFRA?
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 NFRA?
The largest positions held by both funds are AZJ, 9001, SOBO, POST and VPK. Together the top 10 shared positions account for 100% of the total overlap.
What does AVDV own that NFRA doesn't?
1739 positions (98.2% of AVDV) are unique to AVDV, led by ATS, 5706 and CLIS. In the other direction, 175 positions (98.3% of NFRA) are unique to NFRA.