AVEM vs FNDC: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
FNDCSchwab Fundamental International Small Equity ETF
Schwab · 1580 holdings · $3.1B · as of 2026-05-31
How similar are AVEM and FNDC?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; Schwab Fundamental International Small Equity ETF (FNDC, by Schwab) holds 1580. They have 165 holdings in common, and by portfolio weight the two funds are 3.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 165AVEM holds 3893 · FNDC holds 1580
- Weight in Shared Holdings
- AVEM 4%·FNDC 12%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
3728 of 3893 positions (96.0% of the fund) are not held by FNDC. Showing the top 30 by weight.
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% |
| FNDC | +4.3% | +15.1% | +22.5% | +18.2% | +8.5% | +9.0% | 3.53% |
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 FNDC →
Shared Holdings(165)
The top 10 shared positions account for 29% of the overlap, led by 1888, 009540 and 071050.
 1888Kingboard Laminates Holdings Ltd | 0.14% | 0.26% | 0.14% |
|---|---|---|---|
 009540HD Korea Shipbuilding & Offshore Engineering Co Ltd | 0.14% | 0.15% | 0.14% |
 071050Korea Investment Holdings Co Ltd | 0.16% | 0.14% | 0.14% |
 032830Samsung Life Insurance Co Ltd | 0.09% | 0.37% | 0.09% |
 010120LS Electric Co Ltd | 0.08% | 0.11% | 0.08% |
 028050Samsung E&A Co Ltd | 0.08% | 0.28% | 0.08% |
 000990DB HiTek Co Ltd | 0.08% | 0.15% | 0.08% |
 016360Samsung Securities Co Ltd | 0.08% | 0.09% | 0.08% |
 012450Hanwha Aerospace Co Ltd | 0.27% | 0.07% | 0.07% |
 006800Mirae Asset Securities Co Ltd | 0.07% | 0.15% | 0.07% |
 006260LS Corp | 0.07% | 0.29% | 0.07% |
 OPLOrange Polska SA | 0.07% | 0.11% | 0.07% |
 3998Bosideng International Holdings Ltd | 0.06% | 0.08% | 0.06% |
 151Want Want China Holdings Ltd | 0.08% | 0.06% | 0.06% |
 ALRAlior Bank SA | 0.08% | 0.06% | 0.06% |
 039490KIWOOM Securities Co Ltd | 0.09% | 0.06% | 0.06% |
 010060OCI Holdings Co Ltd | 0.05% | 0.15% | 0.05% |
 1177Sino Biopharmaceutical Ltd | 0.05% | 0.09% | 0.05% |
 010140Samsung Heavy Industries Co Ltd | 0.19% | 0.05% | 0.05% |
 867China Medical System Holdings Ltd | 0.06% | 0.05% | 0.05% |
 047050Posco International Corp | 0.05% | 0.12% | 0.05% |
 MILBank Millennium SA | 0.06% | 0.04% | 0.04% |
 KTYGrupa Kety SA | 0.04% | 0.08% | 0.04% |
 DNPDino Polska SA | 0.04% | 0.05% | 0.04% |
 EBPErste Bank Polska SA | 0.04% | 0.11% | 0.04% |
Frequently Asked Questions
How much do AVEM and FNDC overlap?
AVEM and FNDC overlap by 3.3% of portfolio weight. They share 165 holdings (AVEM holds 3893 positions and FNDC holds 1580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and FNDC?
The two portfolios are 3.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AVEM and FNDC?
The largest positions held by both funds are 1888, 009540, 071050, 032830 and 010120. Together the top 10 shared positions account for 29% of the total overlap.
What does AVEM own that FNDC doesn't?
3728 positions (96.0% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 1415 positions (87.6% of FNDC) are unique to FNDC.