ISVL vs AVDS overlap

ISVL and AVDS overlap 19.4% by weight, across 437 shared holdings.

ISVLAVDS

Pick 2 to 4 ETFs.

19.4%

overlap by weight, across 437 shared holdings

ISVL76.2% of the fund is in shared holdings, of 512

AVDS19.4% of the fund is in shared holdings, of 3,034

Top shared holdings

Holding	ISVL	AVDS	Overlap
VallourecVK	0.54%	0.26%	0.26%
IG Group HoldingIGG	1.11%	0.22%	0.22%
LION Finance GROBGEO	0.72%	0.20%	0.20%
Aurubis AGNDA	0.97%	0.20%	0.20%
Perseus MiningPRU	0.65%	0.20%	0.20%
Balfour BeattyBBY	0.79%	0.19%	0.19%
Huber + SUHN-REGHUBN	0.57%	0.18%	0.18%
Aberdeen Group PABDN	0.81%	0.18%	0.18%
Hafnia Ltd.HAFNI	0.23%	0.15%	0.15%
Nishi-Nippon FIN7189	0.46%	0.15%	0.15%
Saipem SpaSPM	0.92%	0.14%	0.14%
TGS ASATGS	0.35%	0.14%	0.14%
ONEX Corp.ONEX	0.95%	0.14%	0.14%
AL SydbankALSYDB	0.78%	0.14%	0.14%
Iveco Group NVIVG	0.41%	0.14%	0.14%

Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: ISVL, SEC Form N-PORT, June 30, 2026; AVDS, SEC Form N-PORT, May 31, 2026.

institutions report holding both, of 90 holding any

ISVL3.2% of its 13F dollars, 17.9% of its 28 holders

AVDS2.3% of its 13F dollars, 7.5% of its 67 holders

Largest institutions holding both

Firm	ISVL	AVDS
Jane Street Group, LLC	$3.6M	$3.7M
Osaic Holdings, Inc.	$4.0M	$67K
Commonwealth Equity Services, LLC	$358K	$1.1M
Farther Finance Advisors, LLC	$13K	$962K
JPMorgan Chase & Co	$27K	$11K

This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.

Who owns them: ISVL institutional holders, AVDS institutional holders.

Frequently asked questions

How much do ISVL and AVDS overlap?

19.4% by weight, with 437 holdings in common, using holdings for ISVL as of June 30, 2026 and AVDS as of May 31, 2026. The largest shared position is VK.

Do institutions hold both ISVL and AVDS?

5 Form 13F filers report positions in both, out of 90 that report either one.

How is overlap by weight worked out?

For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.