AVUV vs IJH: 10% overlap

Avantis U.S. Small Cap Value ETF and iShares Core S&P Mid-Cap ETF share 9.9% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published about 5 months apart — AVUV as of 2026-02-28, the rest through 2026-07-23. Each fund is compared using its most recent file, so any trading in between shows up as a difference.

Hold both, 50/50
1.9Effective Funds

You would hold two tickers and get the diversification of 1.9. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
9.9%
AVUV expense ratio
0.25%
IJH expense ratio
0.05%

Top shared holdings

AVUV and IJH hold 72 of the same securities. The ten contributing most to the overlap figure:

Holdingin AVUVin IJHΔ
FIVE1.0%0.3%0.7%
R0.6%0.3%0.3%
MLI0.3%0.4%0.1%
COLB0.5%0.3%0.2%
KEX0.4%0.2%0.2%
TEX0.7%0.2%0.4%
CHRD0.4%0.2%0.2%
THG0.5%0.2%0.3%
AMKR0.3%0.2%0.1%
AVT0.8%0.2%0.6%

Where AVUV and IJH differ

Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.

SectorAVUVIJHΔ
Energy16.8%4.9%+11.9pp
Financials24.1%15.1%+9.0pp
Information Technology5.4%13.9%8.5pp
Industrials17.3%25.5%8.2pp
Consumer Discretionary16.9%10.3%+6.6pp
Health Care3.5%10.0%6.5pp
Real Estate1.0%6.9%5.9pp
Unclassified3.5%0.0%+3.5pp

Δ is AVUV minus IJH, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.

What each fund holds alone

Only in AVUV
702 positions

74.1% of AVUV by weight, held in no part of IJH.

Only in IJH
331 positions

87.7% of IJH by weight, held in no part of AVUV.

A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.

Concentration and cost

AVUVIJH
Top 10 holdings8.5%7.6%
Positions held774404
Cost per $10,000 held, per year$25$5

Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.

Frequently asked

How much do AVUV and IJH overlap?

AVUV and IJH overlap 9.9% by portfolio weight — largely distinct portfolios. They share 72 holdings. The figure comes from current issuer holdings files (AVUV as of 2026-02-28, IJH as of 2026-07-23).

How is the overlap between AVUV and IJH calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If AVUV holds a stock at 6% and IJH holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.

Is it redundant to hold both AVUV and IJH?

That depends on your goals — we state facts, not advice. At 9.9% overlap, each fund still contributes meaningfully distinct exposure.

What does AVUV own that IJH doesn't?

AVUV holds 774 positions and IJH holds 404; 702 of AVUV's positions don't appear in IJH at all, and they are 74.1% of AVUV by weight.

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Sources: issuer holdings files, AVUV as of 2026-02-28, IJH as of 2026-07-23. Weights are fractions of each fund. Diagnostics, not advice.