AVEM vs FXI: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
FXIiShares China Large-Cap ETF
iShares · 52 holdings · $4.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVEM: 2026-05-31, FXI: 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 FXI?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; iShares China Large-Cap ETF (FXI, by iShares) holds 52. They have 41 holdings in common, and by portfolio weight the two funds are 8.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 41AVEM holds 3893 · FXI holds 52
- Weight in Shared Holdings
- AVEM 9%·FXI 80%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
3852 of 3893 positions (91.4% of the fund) are not held by FXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | FXI |
|---|---|---|
| Information Technology | 33.8% | 5.4% |
| Financials | 10.7% | 31.0% |
| Consumer Discretionary | 5.1% | 25.4% |
| Communication Services | 3.1% | 15.4% |
| Energy | 2.7% | 5.6% |
| Other Sectors | 8.0% | 8.8% |
| Unclassified | 36.5% | 8.3% |
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, 8% of FXI).
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% |
| FXI | +11.3% | -4.8% | -2.4% | +10.4% | +0.1% | +2.5% | 1.88% |
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 FXI →
Shared Holdings(41)
The top 10 shared positions account for 61% of the overlap, led by 700, C6T and W8V.
 700Tencent Holdings Ltd. | 1.51% | 7.72% | 1.51% |
|---|---|---|---|
 C6TChina Construction Bank Corp | 0.88% | 8.25% | 0.88% |
 W8VBank of China Ltd | 0.49% | 3.72% | 0.49% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.49% | 4.41% | 0.49% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.45% | 6.02% | 0.45% |
 CHLChina Life Insurance Co Ltd | 0.35% | 2.30% | 0.35% |
 PC6PetroChina Co Ltd | 0.30% | 2.68% | 0.30% |
 FJZZijin Mining Group Co Ltd | 0.27% | 2.32% | 0.27% |
 1378China Hongqiao Group Ltd | 0.26% | 1.11% | 0.26% |
 M4BChina Merchants Bank Co Ltd | 0.25% | 1.92% | 0.25% |
 1024Kuaishou Technology | 0.25% | 1.31% | 0.25% |
 PJCPICC Property & Casualty Co Ltd | 0.20% | 1.04% | 0.20% |
 9992Pop Mart International Group Ltd | 0.20% | 1.13% | 0.20% |
 IKFChina Shenhua Energy Co Ltd | 0.19% | 1.75% | 0.19% |
 1109China Resources Land Ltd | 0.17% | 1.01% | 0.17% |
 2020ANTA Sports Products Ltd | 0.17% | 1.09% | 0.17% |
 CHUChina Petroleum & Chemical Corp | 0.16% | 1.12% | 0.16% |
 1211RUBBYD Co Ltd | 0.15% | 4.09% | 0.15% |
 EK7Agricultural Bank of China Ltd | 0.14% | 2.00% | 0.14% |
 NCLNew China Life Insurance Co Ltd | 0.13% | 0.54% | 0.13% |
 3690Meituan, B Shares | 0.12% | 4.79% | 0.12% |
 75CChina Pacific Insurance Group Co Ltd | 0.12% | 0.94% | 0.12% |
 D7CChina CITIC Bank Corp Ltd | 0.12% | 0.78% | 0.12% |
 267CITIC Ltd | 0.12% | 0.69% | 0.12% |
 2Y11China Tower Corp Ltd | 0.12% | 0.55% | 0.12% |
Frequently Asked Questions
How much do AVEM and FXI overlap?
AVEM and FXI overlap by 8.6% of portfolio weight. They share 41 holdings (AVEM holds 3893 positions and FXI holds 52), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and FXI?
The two portfolios are 8.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of AVEM and FXI?
The largest positions held by both funds are 700, C6T, W8V, 2318RUB and ICK. Together the top 10 shared positions account for 61% of the total overlap.
What does AVEM own that FXI doesn't?
3852 positions (91.4% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 11 positions (20.2% of FXI) are unique to FXI.