AVEM vs EMXC: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
EMXCiShares MSCI Emerging Markets ex China ETF
iShares · 663 holdings · $23.8B · as of 2026-05-31
How similar are AVEM and EMXC?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; iShares MSCI Emerging Markets ex China ETF (EMXC, by iShares) holds 663. They have 563 holdings in common, and by portfolio weight the two funds are 42.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 563AVEM holds 3893 · EMXC holds 663
- Weight in Shared Holdings
- AVEM 47%·EMXC 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
3330 of 3893 positions (53.2% of the fund) are not held by EMXC. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | EMXC |
|---|---|---|
| Information Technology | 33.8% | 49.6% |
| Financials | 10.7% | 12.0% |
| Consumer Discretionary | 5.1% | 3.2% |
| Materials | 3.7% | 3.6% |
| Communication Services | 3.1% | 2.2% |
| Other Sectors | 7.0% | 9.5% |
| Unclassified | 36.5% | 19.8% |
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, 20% of EMXC).
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% |
| EMXC | -2.1% | +31.1% | +51.2% | +24.8% | +11.5% | — | 2.03% |
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 EMXC →
Shared Holdings(563)
The top 10 shared positions account for 40% of the overlap, led by 000660, TSMWF and 2454.
 000660SK Hynix Inc | 7.83% | 8.35% | 7.83% |
|---|---|---|---|
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 4.11% | 17.94% | 4.11% |
 2454MediaTek Inc | 1.11% | 2.04% | 1.11% |
 2308Delta Electronics Inc | 0.77% | 1.47% | 0.77% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.76% | 1.13% | 0.76% |
 005380Hyundai Motor Co | 0.70% | 0.63% | 0.63% |
 2303United Microelectronics Corp | 0.64% | 0.50% | 0.50% |
 009150Samsung Electro-Mechanics Co Ltd | 0.48% | 0.78% | 0.48% |
 AUAnglogold Ashanti PLC COM SHS | 0.52% | 0.47% | 0.47% |
 HDFCBHDFC Bank Ltd | 0.45% | 0.87% | 0.45% |
 3037Unimicron Technology Corp | 0.52% | 0.43% | 0.43% |
 2891CTBC Financial Holding Co Ltd | 0.39% | 0.32% | 0.32% |
 2360Chroma ATE Inc | 0.81% | 0.30% | 0.30% |
 FUISFFubon Financial Holding Co Ltd | 0.34% | 0.29% | 0.29% |
 ARAMCSARSaudi Arabian Oil Co | 0.29% | 0.44% | 0.29% |
 GFNORTEOGrupo Financiero Banorte SAB de CV | 0.29% | 0.26% | 0.26% |
 000270Kia Corp | 0.34% | 0.26% | 0.26% |
 012450Hanwha Aerospace Co Ltd | 0.27% | 0.26% | 0.26% |
 2882Cathay Financial Holding Co Ltd | 0.32% | 0.26% | 0.26% |
 LTLarsen & Toubro Ltd | 0.25% | 0.28% | 0.25% |
 AVMPFAsia Vital Components Co Ltd | 0.25% | 0.27% | 0.25% |
 OTPOTP Bank Nyrt | 0.24% | 0.30% | 0.24% |
 RJHISARAl Rajhi Bank | 0.23% | 0.52% | 0.23% |
 MMMahindra & Mahindra Ltd | 0.23% | 0.29% | 0.23% |
 BAFBajaj Finance Ltd | 0.22% | 0.26% | 0.22% |
Showing the top 250 of 563 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVEM and EMXC overlap?
AVEM and EMXC overlap by 42.3% of portfolio weight. They share 563 holdings (AVEM holds 3893 positions and EMXC holds 663), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and EMXC?
The two portfolios are 42.3% 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 EMXC?
The largest positions held by both funds are 000660, TSMWF, 2454, 2308 and HNHAF. Together the top 10 shared positions account for 40% of the total overlap.
What does AVEM own that EMXC doesn't?
3330 positions (53.2% of AVEM) are unique to AVEM, led by TSM, SMSNRUB and 700. In the other direction, 100 positions (21.1% of EMXC) are unique to EMXC.