AVLV vs SPGP: Holdings Overlap
AVLVAvantis U.S. Large Cap Value ETF
Avantis · 275 holdings · $17.9B · as of 2026-05-31
Invesco · 73 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVLV: 2026-05-31, SPGP: 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 AVLV and SPGP?
Avantis U.S. Large Cap Value ETF (AVLV, by Avantis) holds 275 positions; Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73. They have 33 holdings in common, and by portfolio weight the two funds are 17.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33AVLV holds 275 · SPGP holds 73
- Weight in Shared Holdings
- AVLV 21%·SPGP 41%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 AVLV
242 of 275 positions (78.4% of the fund) are not held by SPGP. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVLV | SPGP |
|---|---|---|
| Financials | 17.0% | 25.7% |
| Industrials | 15.8% | 18.1% |
| Consumer Discretionary | 15.0% | 18.0% |
| Information Technology | 16.9% | 18.0% |
| Energy | 13.0% | 7.1% |
| Other Sectors | 22.2% | 13.1% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVLV | +3.1% | +24.5% | +37.4% | +20.9% | — | — | 1.04% |
| SPGP | +3.2% | +13.3% | +20.4% | +12.0% | +8.3% | +15.2% | 0.79% |
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 AVLV vs SPGP →
Shared Holdings(33)
The top 10 shared positions account for 55% of the overlap, led by CAT, PGR and META.
 CATCaterpillar Inc. | 2.52% | 1.45% | 1.45% |
|---|---|---|---|
 PGRProgressive Corp. (The) | 1.04% | 1.14% | 1.04% |
 METAMeta Platforms, Inc., Class A | 2.74% | 1.02% | 1.02% |
 AXPAmerican Express Co. | 1.01% | 1.13% | 1.01% |
 KLACKLA Corp. | 0.93% | 1.38% | 0.93% |
 NFLXNetflix, Inc. | 0.91% | 0.92% | 0.91% |
 TRVTravelers Cos., Inc. (The) | 0.89% | 1.04% | 0.89% |
 DALDelta Air Lines, Inc. | 0.88% | 2.25% | 0.88% |
 RCLRoyal Caribbean Cruises Ltd. | 0.79% | 2.02% | 0.79% |
 MSFTMicrosoft Corp. | 1.63% | 0.78% | 0.78% |
 GWWW.W. Grainger, Inc. | 0.75% | 1.16% | 0.75% |
 UALUnited Airlines Holdings, Inc. | 0.68% | 1.61% | 0.68% |
 AMPAmeriprise Financial, Inc. | 0.66% | 0.92% | 0.66% |
 HIGHartford Insurance Group, Inc. (The) | 0.60% | 0.97% | 0.60% |
 SYFSynchrony Financial | 0.47% | 1.57% | 0.47% |
 HALHalliburton Co. | 0.46% | 1.55% | 0.46% |
 CMGChipotle Mexican Grill, Inc. | 0.46% | 1.22% | 0.46% |
 ACGLArch Capital Group Ltd. | 0.44% | 1.59% | 0.44% |
 AEXChubb Ltd. | 0.44% | 1.00% | 0.44% |
 NTRSNorthern Trust Corp. | 0.43% | 2.16% | 0.43% |
 ULTAUlta Beauty, Inc. | 0.43% | 0.89% | 0.43% |
 CMICummins Inc. | 0.42% | 1.38% | 0.42% |
 DECKDeckers Outdoor Corp. | 0.35% | 1.38% | 0.35% |
 EMEEMCOR Group, Inc. | 0.33% | 2.06% | 0.33% |
 LULULululemon Athletica Inc. | 0.29% | 0.98% | 0.29% |
Frequently Asked Questions
How much do AVLV and SPGP overlap?
AVLV and SPGP overlap by 17.8% of portfolio weight. They share 33 holdings (AVLV holds 275 positions and SPGP holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVLV and SPGP?
The two portfolios are 17.8% 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 AVLV and SPGP?
The largest positions held by both funds are CAT, PGR, META, AXP and KLAC. Together the top 10 shared positions account for 55% of the total overlap.
What does AVLV own that SPGP doesn't?
242 positions (78.4% of AVLV) are unique to AVLV, led by MU, AMZN and AAPL. In the other direction, 40 positions (58.6% of SPGP) are unique to SPGP.