AVIV vs GNR: Holdings Overlap
AVIVAvantis International Large Cap Value ETF
Avantis · 652 holdings · $2.0B · as of 2026-05-31
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
Holdings snapshots are 67 days apart (AVIV: 2026-05-31, GNR: 2026-08-06). 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 AVIV and GNR?
Avantis International Large Cap Value ETF (AVIV, by Avantis) holds 652 positions; State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94. They have 23 holdings in common, and by portfolio weight the two funds are 8.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23AVIV holds 652 · GNR holds 94
- Weight in Shared Holdings
- AVIV 9%·GNR 31%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 AVIV
629 of 652 positions (90.4% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVIV | GNR |
|---|---|---|
| Materials | 9.6% | 57.3% |
| Energy | 10.0% | 32.0% |
| Financials | 20.2% | 0.0% |
| Industrials | 10.7% | 0.0% |
| Consumer Discretionary | 4.5% | 0.0% |
| Other Sectors | 13.3% | 4.6% |
| Unclassified | 31.3% | 5.5% |
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 (31% of AVIV, 6% of GNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVIV | +5.5% | +17.8% | +33.1% | +22.3% | — | — | 2.41% |
| GNR | +9.0% | +20.6% | +37.3% | +13.2% | +11.1% | +10.4% | 2.46% |
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 AVIV vs GNR →
Shared Holdings(23)
The top 10 shared positions account for 72% of the overlap, led by CNQ, TTE and SU.
 CNQCanadian Natural Resources Ltd. | 0.90% | 1.63% | 0.90% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 0.86% | 3.01% | 0.86% |
 SUSuncor Energy, Inc. | 0.85% | 1.27% | 0.85% |
 AEMAgnico Eagle Mines Ltd. | 0.65% | 2.03% | 0.65% |
 ABXBarrick Mining Corp. | 0.64% | 1.67% | 0.64% |
 CVECenovus Energy, Inc. | 0.59% | 0.66% | 0.59% |
 REPRepsol SA | 0.91% | 0.56% | 0.56% |
 KUSDKinross Gold Corp. | 0.45% | 0.74% | 0.45% |
 WDSWoodside Energy Group Ltd | 0.42% | 0.73% | 0.42% |
 RIORio Tinto Ltd. | 0.39% | 1.11% | 0.39% |
 FMFirst Quantum Minerals Ltd. | 0.37% | 0.49% | 0.37% |
 FMGFortescue Ltd | 0.30% | 0.52% | 0.30% |
 NTRNutrien Ltd. | 0.27% | 4.70% | 0.27% |
 STERVStora Enso OYJ, Class R | 0.25% | 1.33% | 0.25% |
 NSTNorthern Star Resources Ltd. | 0.22% | 0.54% | 0.22% |
 UPMUPM-Kymmene OYJ | 0.20% | 2.75% | 0.20% |
 NHYNorsk Hydro ASA | 0.18% | 0.29% | 0.18% |
 5401Nippon Steel Corp. NPV | 0.17% | 0.56% | 0.17% |
 IMOImperial Oil Ltd. | 0.14% | 0.33% | 0.14% |
 GLENPENGlencore PLC | 0.14% | 1.74% | 0.14% |
 YARYara International ASA | 0.12% | 1.39% | 0.12% |
 3861Oji Holdings Corp. NPV | 0.07% | 0.95% | 0.07% |
 WILWilmar International Ltd | 0.00% | 1.56% | 0.00% |
Frequently Asked Questions
How much do AVIV and GNR overlap?
AVIV and GNR overlap by 8.8% of portfolio weight. They share 23 holdings (AVIV holds 652 positions and GNR holds 94), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVIV and GNR?
The two portfolios are 8.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AVIV and GNR?
The largest positions held by both funds are CNQ, TTE, SU, AEM and ABX. Together the top 10 shared positions account for 72% of the total overlap.
What does AVIV own that GNR doesn't?
629 positions (90.4% of AVIV) are unique to AVIV, led by SHEL, BBVA and ROP. In the other direction, 71 positions (68.8% of GNR) are unique to GNR.