AVEM vs DFAE: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVEM: 2026-05-31, DFAE: 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 AVEM and DFAE?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342. They have 2888 holdings in common, and by portfolio weight the two funds are 55.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 55.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2888AVEM holds 3893 · DFAE holds 6342
- Weight in Shared Holdings
- AVEM 87%·DFAE 79%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 AVEM
1005 of 3893 positions (13.0% of the fund) are not held by DFAE. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | DFAE |
|---|---|---|
| Information Technology | 33.8% | 28.8% |
| Financials | 10.7% | 10.5% |
| Consumer Discretionary | 5.1% | 5.6% |
| Communication Services | 3.1% | 4.7% |
| Materials | 3.7% | 3.0% |
| Other Sectors | 7.0% | 8.6% |
| Unclassified | 36.5% | 39.1% |
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. “Unclassified” is weight we could not classify (37% of AVEM, 39% of DFAE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVEM | -0.3% | +20.6% | +33.7% | +21.9% | +9.9% | — | 1.90% |
| DFAE | +0.3% | +20.0% | +33.0% | +20.1% | +9.2% | — | 1.80% |
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 AVEM vs DFAE →
Shared Holdings(2888)
The top 10 shared positions account for 24% of the overlap, led by TSMWF, 000660 and 700.
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 4.11% | 12.22% | 4.11% |
|---|---|---|---|
 000660SK Hynix Inc | 7.83% | 3.49% | 3.49% |
 700Tencent Holdings Ltd. | 1.51% | 2.65% | 1.51% |
 C6TChina Construction Bank Corp | 0.88% | 0.78% | 0.78% |
 2308Delta Electronics Inc | 0.77% | 0.90% | 0.77% |
 2454MediaTek Inc | 1.11% | 0.69% | 0.69% |
 SMSNRUBSamsung Electronics Co Ltd | 5.70% | 0.64% | 0.64% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.76% | 0.53% | 0.53% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.70% | 0.52% | 0.52% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.49% | 0.47% | 0.47% |
 BABAAlibaba Group Holding Ltd. | 0.81% | 0.46% | 0.46% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.45% | 0.44% | 0.44% |
 005380Hyundai Motor Co | 0.70% | 0.43% | 0.43% |
 IBNICICI Bank Ltd | 0.43% | 0.42% | 0.42% |
 HDFCBHDFC Bank Ltd | 0.45% | 0.34% | 0.34% |
 W8VBank of China Ltd | 0.49% | 0.33% | 0.33% |
 VALEVale SA | 0.50% | 0.33% | 0.33% |
 3037Unimicron Technology Corp | 0.52% | 0.31% | 0.31% |
 PC6PetroChina Co Ltd | 0.30% | 0.32% | 0.30% |
 AUAnglogold Ashanti PLC COM SHS | 0.52% | 0.29% | 0.29% |
 ARAMCSARSaudi Arabian Oil Co | 0.29% | 0.28% | 0.28% |
 086790Hana Financial Group Inc | 0.33% | 0.28% | 0.28% |
 GFIGold Fields Ltd | 0.28% | 0.26% | 0.26% |
 009150Samsung Electro-Mechanics Co Ltd | 0.48% | 0.25% | 0.25% |
 FJZZijin Mining Group Co Ltd | 0.27% | 0.24% | 0.24% |
Showing the top 250 of 2888 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVEM and DFAE overlap?
AVEM and DFAE overlap by 55.5% of portfolio weight. They share 2888 holdings (AVEM holds 3893 positions and DFAE holds 6342), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and DFAE?
The two portfolios are 55.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of AVEM and DFAE?
The largest positions held by both funds are TSMWF, 000660, 700, C6T and 2308. Together the top 10 shared positions account for 24% of the total overlap.
What does AVEM own that DFAE doesn't?
1005 positions (13.0% of AVEM) are unique to AVEM, led by TSM, 000270 and BAF. In the other direction, 3454 positions (20.8% of DFAE) are unique to DFAE.