# Does AVUV diversify a portfolio of VOO 60% and QQQ 40%?

The overlap of AVUV with VOO 60% and QQQ 40% is 0.0% by weight, by the issuer files of 2026-08-31 for VOO and 2026-10-13 for QQQ, and the Form N-PORT filing of 2026-05-31 for AVUV; their weekly returns had a 0.59 correlation over 156 weeks to 2026-10-13, and 0.53 on the 63 weeks the portfolio fell.

Correlation measures how two ETFs move together: 1 means always together, 0 means no link, below 0 means opposite. Overlap measures how much of an ETF's weight is in companies you already hold, counted at the smaller weight.

## How does AVUV compare with your portfolio?

Numbered by the ranking: the lowest overlap first, then the lowest weekly correlation.

### 1. [AVUV](https://tickerinside.com/etf/avuv/), Avantis U.S. Small Cap Value ETF

- Weekly correlation with your portfolio: 0.59. Moved mostly with your portfolio.
- Overlap with your portfolio: 0.0% by weight.
- When your portfolio fell: 0.53 over 63 weeks, it moved mostly with it.
- With 10% in AVUV and 90% in VOO and QQQ at their weights, the portfolio's annualised weekly volatility over the 156 weeks to 2026-10-13 would have been 15.6% instead of 16.0%.

## How did $100 grow in the portfolio and AVUV?

$100 in the portfolio became $201 over the 156 weeks from 2023-10-20 to 2026-10-13; in AVUV $169. Each line compounds the weekly returns the correlations are measured on.

## How does AVUV compare, figure by figure?

| ETF | Overlap by weight | Weekly correlation, 156 weeks | On down weeks, 63 weeks | Mega-cap tech | Largest sector | Largest country outside the US |
|---|---:|---:|---:|---:|---|---|
| [AVUV](https://tickerinside.com/etf/avuv/), Avantis U.S. Small Cap Value ETF | 0.0% | 0.59 | 0.53 | 0.0% | Financials 26.5% | Bermuda 1.0% |
| VOO, QQQ, your ETFs at your weights | | | | 38.2% | Technology 46.2% | Netherlands 0.5% |

Sorted by overlap, then by weekly correlation, lowest first. Holdings files: VOO 2026-08-31, QQQ 2026-10-13, AVUV 2026-05-31. Weekly returns over the 156 weeks to 2026-10-13; down weeks are the 63 weeks their combined return was below zero.

## Questions and answers

**How much of AVUV is in companies VOO 60% and QQQ 40% also hold?**
0.0%: no holding is in both. AVUV holdings of 2026-05-31.

**How much of AVUV is in mega-cap tech, and how much of VOO 60% and QQQ 40%?**
AVUV 0.0%; VOO 60% and QQQ 40% hold 38.2%.

**How much of AVUV is in the United States, and how much of VOO 60% and QQQ 40%?**
AVUV: 97.7% in the United States; its largest outside it is Bermuda, 1.0% (holdings of 2026-05-31). VOO 60% and QQQ 40% hold 98.6% there.

How each figure is measured, and the order of the table: https://tickerinside.com/how-the-numbers-are-produced/#diversify

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JSON: https://tickerinside.com/api/v1/diversify?have=VOO:60,QQQ:40&try=AVUV
Sources: VOO https://tickerinside.com/etf/voo/, QQQ https://tickerinside.com/etf/qqq/, AVUV https://tickerinside.com/etf/avuv/.
Measurement, not investment advice. CC BY 4.0, cite as: TickerInside (tickerinside.com), Does it diversify me?, https://tickerinside.com/diversify/?have=VOO:60,QQQ:40&try=AVUV, from the ETFs' holdings files and weekly prices, dated as shown.
Canonical page: https://tickerinside.com/diversify/