AVUS vs SPY: Holdings Overlap
Avantis · 1875 holdings · $13.9B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (AVUS: 2026-05-31, SPY: 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 AVUS and SPY?
Avantis U.S. Equity ETF (AVUS, by Avantis) holds 1875 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 431 holdings in common, and by portfolio weight the two funds are 69.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 69.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 431AVUS holds 1875 · SPY holds 504
- Weight in Shared Holdings
- AVUS 83%·SPY 95%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 AVUS
1444 of 1875 positions (16.9% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVUS | SPY |
|---|---|---|
| Information Technology | 29.7% | 37.6% |
| Financials | 14.6% | 12.3% |
| Industrials | 11.7% | 8.8% |
| Consumer Discretionary | 11.1% | 9.3% |
| Communication Services | 9.3% | 9.7% |
| Other Sectors | 23.3% | 22.3% |
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 |
|---|---|---|---|---|---|---|---|
| AVUS | +3.1% | +17.9% | +28.8% | +20.7% | +13.1% | — | 0.90% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 AVUS vs SPY →
Shared Holdings(431)
The top 10 shared positions account for 41% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 5.48% | 8.00% | 5.48% |
|---|---|---|---|
 AAPLApple Inc. COM | 5.36% | 6.92% | 5.36% |
 MSFTMicrosoft Corp. COM | 3.84% | 5.60% | 3.84% |
 AMZNAmazon.com, Inc. COM | 3.67% | 4.02% | 3.67% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.41% | 3.16% | 2.41% |
 METAMeta Platforms, Inc., Class A | 2.21% | 1.95% | 1.95% |
 GOOGAlphabet Inc. CAP STK CL C | 1.94% | 2.54% | 1.94% |
 MUMicron Technology Inc. COM | 2.40% | 1.50% | 1.50% |
 JPMJPMorgan Chase & Co. COM | 1.20% | 1.44% | 1.20% |
 AVGOBroadcom Inc COM | 1.18% | 3.00% | 1.18% |
 LLYEli Lilly & Co. COM | 0.84% | 1.42% | 0.84% |
 TSLATesla Inc COM | 0.80% | 1.36% | 0.80% |
 VVisa, Inc., Class A | 0.68% | 0.93% | 0.68% |
 AMDAdvanced Micro Devices Inc. COM | 0.66% | 1.20% | 0.66% |
 WMTWalmart Inc COM | 0.64% | 0.74% | 0.64% |
 COSTCostco Wholesale Corporation COM | 0.69% | 0.63% | 0.63% |
 AMATApplied Materials Inc. COM | 0.68% | 0.63% | 0.63% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.61% | 1.45% | 0.61% |
 CATCaterpillar Inc COM | 0.92% | 0.59% | 0.59% |
 JNJJohnson & Johnson COM | 0.58% | 0.93% | 0.58% |
 INTCIntel Corporation COM | 0.58% | 0.71% | 0.58% |
 LRCXLam Research Corporation COM NEW | 0.99% | 0.58% | 0.58% |
 CVXChevron Corp. COM | 0.54% | 0.53% | 0.53% |
 MAMasterCard Incorporated CL A | 0.48% | 0.70% | 0.48% |
 MRKMerck & Co., Inc COM | 0.63% | 0.48% | 0.48% |
Showing the top 250 of 431 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVUS and SPY overlap?
AVUS and SPY overlap by 69.2% of portfolio weight. They share 431 holdings (AVUS holds 1875 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVUS and SPY?
The two portfolios are 69.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of AVUS and SPY?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 41% of the total overlap.
What does AVUS own that SPY doesn't?
1444 positions (16.9% of AVUS) are unique to AVUS, led by XOM, LNG and FTI. In the other direction, 73 positions (4.8% of SPY) are unique to SPY.