AVIV vs GRID: Holdings Overlap
AVIVAvantis International Large Cap Value ETF
Avantis · 652 holdings · $2.0B · 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 (AVIV: 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 AVIV and GRID?
Avantis International Large Cap Value ETF (AVIV, by Avantis) holds 652 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 1.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10AVIV holds 652 · GRID holds 120
- Weight in Shared Holdings
- AVIV 3%·GRID 7%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
642 of 652 positions (97.0% of the fund) are not held by GRID. Showing the top 30 by weight.
Only in GRID
110 of 120 positions (92.5% of the fund) are not held by AVIV. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVIV | GRID |
|---|---|---|
| Industrials | 10.7% | 53.2% |
| Utilities | 0.5% | 20.3% |
| Financials | 20.2% | 0.0% |
| Information Technology | 2.2% | 10.7% |
| Energy | 10.0% | 0.0% |
| Other Sectors | 24.7% | 4.3% |
| Unclassified | 31.3% | 11.2% |
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, 11% of GRID).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVIV | +5.5% | +17.8% | +33.1% | +22.3% | — | — | 2.41% |
| 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 AVIV vs GRID →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by NEX, IFX and 5802.
 NEXNexans SA EUR1 | 0.29% | 0.70% | 0.29% |
|---|---|---|---|
 IFXInfineon Technologies AG ORD NPV (REGD) | 0.53% | 0.28% | 0.28% |
 5802Sumitomo Electric Industries Ltd. NPV | 0.46% | 0.22% | 0.22% |
 6752Panasonic Holdings Corp. NPV | 0.43% | 0.21% | 0.21% |
 NKTNkt AS DKK20 | 0.12% | 0.89% | 0.12% |
 6501Hitachi Ltd. NPV | 0.08% | 0.69% | 0.08% |
 5801Furukawa Electric Co Ltd. NPV | 0.33% | 0.06% | 0.06% |
 5333Ngk Corp. NPV | 0.19% | 0.04% | 0.04% |
 6674GS Yuasa Corp. NPV | 0.09% | 0.02% | 0.02% |
 PRYPrysmian S.p.A. NPV | 0.00% | 4.25% | 0.00% |
Frequently Asked Questions
How much do AVIV and GRID overlap?
AVIV and GRID overlap by 1.3% of portfolio weight. They share 10 holdings (AVIV holds 652 positions and GRID holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVIV and GRID?
The two portfolios are 1.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AVIV and GRID?
The largest positions held by both funds are NEX, IFX, 5802, 6752 and NKT. Together the top 10 shared positions account for 100% of the total overlap.
What does AVIV own that GRID doesn't?
642 positions (97.0% of AVIV) are unique to AVIV, led by SHEL, BBVA and ROP. In the other direction, 110 positions (92.5% of GRID) are unique to GRID.