AVIV vs MXI: Holdings Overlap
AVIVAvantis International Large Cap Value ETF
Avantis · 652 holdings · $2.0B · as of 2026-05-31
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
Holdings snapshots are 61 days apart (AVIV: 2026-05-31, MXI: 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 MXI?
Avantis International Large Cap Value ETF (AVIV, by Avantis) holds 652 positions; iShares Global Materials ETF (MXI, by iShares) holds 101. They have 32 holdings in common, and by portfolio weight the two funds are 7.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32AVIV holds 652 · MXI holds 101
- Weight in Shared Holdings
- AVIV 7%·MXI 26%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
620 of 652 positions (92.6% of the fund) are not held by MXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVIV | MXI |
|---|---|---|
| Materials | 9.6% | 99.5% |
| Financials | 20.2% | 0.0% |
| Industrials | 10.7% | 0.0% |
| Energy | 10.0% | 0.0% |
| Consumer Discretionary | 4.5% | 0.0% |
| Other Sectors | 13.3% | 0.2% |
| Unclassified | 31.3% | 0.0% |
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, 0% of MXI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVIV | +5.5% | +17.8% | +33.1% | +22.3% | — | — | 2.41% |
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
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 MXI →
Shared Holdings(32)
The top 10 shared positions account for 64% of the overlap, led by AEM, BAS and ABX.
 AEMAgnico Eagle Mines Ltd. | 0.65% | 3.44% | 0.65% |
|---|---|---|---|
 BASBASF SE | 0.64% | 1.86% | 0.64% |
 ABXBarrick Mining Corp. | 0.64% | 2.31% | 0.64% |
 HOLNHolcim AG CHF2 (REGD) | 0.45% | 1.41% | 0.45% |
 KUSDKinross Gold Corp. | 0.45% | 1.24% | 0.45% |
 RIORio Tinto Ltd. | 0.39% | 1.43% | 0.39% |
 FMFirst Quantum Minerals Ltd. | 0.37% | 0.55% | 0.37% |
 FMGFortescue Ltd. NPV | 0.30% | 0.80% | 0.30% |
 NTRNutrien Ltd. | 0.27% | 1.23% | 0.27% |
 BOLBoliden AB | 0.27% | 0.50% | 0.27% |
 EVNEvolution Mining Ltd. | 0.25% | 0.62% | 0.25% |
 STERVStora Enso OYJ, Class R | 0.25% | 0.24% | 0.24% |
 NSTNorthern Star Resources Ltd. NPV | 0.22% | 0.70% | 0.22% |
 S32South32 Ltd. | 0.21% | 0.46% | 0.21% |
 UPMUPM-Kymmene OYJ | 0.20% | 0.56% | 0.20% |
 3407Asahi Kasei Corp. NPV | 0.19% | 0.45% | 0.19% |
 NHYNorsk Hydro ASA NOK1.098 | 0.18% | 0.47% | 0.18% |
 5401Nippon Steel Corp. NPV | 0.17% | 0.67% | 0.17% |
 GLENPENGlencore PLC | 0.14% | 2.43% | 0.14% |
 4188Mitsubishi Chemical Group Corp. NPV | 0.13% | 0.27% | 0.13% |
 YARYara International ASA | 0.12% | 0.32% | 0.12% |
 5411JFE Holdings, Inc. NPV | 0.12% | 0.25% | 0.12% |
 6988Nitto Denko Corp. NPV | 0.11% | 0.46% | 0.11% |
 3402Toray Industries Inc. NPV | 0.11% | 0.36% | 0.11% |
 BSLBlueScope Steel Ltd. | 0.03% | 0.27% | 0.03% |
Frequently Asked Questions
How much do AVIV and MXI overlap?
AVIV and MXI overlap by 7.0% of portfolio weight. They share 32 holdings (AVIV holds 652 positions and MXI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVIV and MXI?
The two portfolios are 7.0% 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 MXI?
The largest positions held by both funds are AEM, BAS, ABX, HOLN and KUSD. Together the top 10 shared positions account for 64% of the total overlap.
What does AVIV own that MXI doesn't?
620 positions (92.6% of AVIV) are unique to AVIV, led by SHEL, BBVA and ROP. In the other direction, 69 positions (73.2% of MXI) are unique to MXI.