AVIV vs VEU: Holdings Overlap
AVIVAvantis International Large Cap Value ETF
Avantis · 652 holdings · $2.0B · as of 2026-05-31
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVIV: 2026-05-31, VEU: 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 AVIV and VEU?
Avantis International Large Cap Value ETF (AVIV, by Avantis) holds 652 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. They have 504 holdings in common, and by portfolio weight the two funds are 21.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 504AVIV holds 652 · VEU holds 3855
- Weight in Shared Holdings
- AVIV 77%·VEU 25%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
148 of 652 positions (22.6% of the fund) are not held by VEU. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVIV | VEU |
|---|---|---|
| Financials | 20.2% | 20.0% |
| Information Technology | 2.2% | 16.2% |
| Industrials | 10.7% | 11.7% |
| Energy | 10.0% | 4.5% |
| Materials | 9.6% | 5.4% |
| Other Sectors | 15.5% | 23.7% |
| Unclassified | 31.3% | 17.4% |
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, 18% of VEU).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVIV | +5.5% | +17.8% | +33.1% | +22.3% | — | — | 2.41% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
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 VEU →
Shared Holdings(504)
The top 10 shared positions account for 20% of the overlap, led by ROP, RY and TD.
 ROPRoche Holding AG | 1.71% | 0.73% | 0.73% |
|---|---|---|---|
 RYGovernment Long Bond 1.2x Strategy Fund | 0.60% | 0.64% | 0.60% |
 TDThe Toronto-Dominion Bank COM NEW | 1.04% | 0.46% | 0.46% |
 ALVAllianz SE (Registered) | 1.03% | 0.44% | 0.44% |
 TTETotalEnergies SE EUR2.5 | 0.86% | 0.43% | 0.43% |
 UBSGUBS Group AG (Registered) | 0.61% | 0.35% | 0.35% |
 RR-Rolls-Royce Holdings PLC | 1.54% | 0.35% | 0.35% |
 MCLVMH Moet Hennessy Louis Vuitton SE | 0.58% | 0.35% | 0.35% |
 9984SoftBank Group Corp. | 0.78% | 0.34% | 0.34% |
 UCGUniCredit SpA | 0.56% | 0.30% | 0.30% |
 SAFSafran SA | 0.65% | 0.28% | 0.28% |
 DTEDeutsche Telekom AG (Registered) | 0.98% | 0.28% | 0.28% |
 CMCanadian Imperial Bank of Commerce COM | 0.65% | 0.27% | 0.27% |
 ISPIntesa Sanpaolo SpA | 0.96% | 0.27% | 0.27% |
 ZURNZurich Insurance Group AG | 1.06% | 0.27% | 0.27% |
 CNQCanadian Natural Resources Ltd | 0.90% | 0.25% | 0.25% |
 BNSBank of Nova Scotia/The | 0.72% | 0.25% | 0.25% |
 7011Mitsubishi Heavy Industries Ltd. NPV | 0.34% | 0.24% | 0.24% |
 AEMAgnico Eagle Mines Ltd | 0.65% | 0.24% | 0.24% |
 DBSDBS Group Holdings Ltd. | 0.80% | 0.24% | 0.24% |
 IFXInfineon Technologies AG | 0.53% | 0.22% | 0.22% |
 8766Tokio Marine Holdings Inc. NPV | 0.52% | 0.21% | 0.21% |
 SUSuncor Energy Inc | 0.85% | 0.21% | 0.21% |
 ANZANZ Group Holdings Ltd. | 0.35% | 0.20% | 0.20% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 0.62% | 0.20% | 0.20% |
Showing the top 250 of 504 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVIV and VEU overlap?
AVIV and VEU overlap by 21.5% of portfolio weight. They share 504 holdings (AVIV holds 652 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVIV and VEU?
The two portfolios are 21.5% 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 VEU?
The largest positions held by both funds are ROP, RY, TD, ALV and TTE. Together the top 10 shared positions account for 20% of the total overlap.
What does AVIV own that VEU doesn't?
148 positions (22.6% of AVIV) are unique to AVIV, led by SHEL, BBVA and BHP. In the other direction, 3351 positions (74.0% of VEU) are unique to VEU.