AVEM vs IEMG: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
IEMGiShares Core MSCI Emerging Markets ETF
iShares · 2697 holdings · $156.6B · as of 2026-05-31
How similar are AVEM and IEMG?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; iShares Core MSCI Emerging Markets ETF (IEMG, by iShares) holds 2697. They have 1920 holdings in common, and by portfolio weight the two funds are 52.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1920AVEM holds 3893 · IEMG holds 2697
- Weight in Shared Holdings
- AVEM 76%·IEMG 76%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
1973 of 3893 positions (24.0% of the fund) are not held by IEMG. Showing the top 30 by weight.
Only in IEMG
777 of 2697 positions (23.3% of the fund) are not held by AVEM. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | IEMG |
|---|---|---|
| Information Technology | 33.8% | 36.2% |
| Financials | 10.7% | 11.0% |
| Consumer Discretionary | 5.1% | 6.0% |
| Communication Services | 3.1% | 4.6% |
| Materials | 3.7% | 2.9% |
| Other Sectors | 7.0% | 8.4% |
| Unclassified | 36.5% | 30.7% |
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, 31% of IEMG).
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% |
| IEMG | +0.3% | +19.9% | +33.4% | +20.1% | +7.8% | +9.0% | 2.25% |
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 IEMG →
Shared Holdings(1920)
The top 10 shared positions account for 31% of the overlap, led by 000660, TSMWF and 700.
 000660SK Hynix Inc | 7.83% | 5.82% | 5.82% |
|---|---|---|---|
 TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 4.11% | 12.49% | 4.11% |
 700Tencent Holdings Ltd. | 1.51% | 2.37% | 1.51% |
 2454MediaTek Inc | 1.11% | 1.42% | 1.11% |
 2308Delta Electronics Inc | 0.77% | 1.02% | 0.77% |
 HNHAFHon Hai Precision Industry Co Ltd | 0.76% | 0.79% | 0.76% |
 C6TChina Construction Bank Corp | 0.88% | 0.71% | 0.71% |
 009150Samsung Electro-Mechanics Co Ltd | 0.48% | 0.54% | 0.48% |
 HDFCBHDFC Bank Ltd | 0.45% | 0.61% | 0.45% |
 005380Hyundai Motor Co | 0.70% | 0.44% | 0.44% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.70% | 0.41% | 0.41% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.45% | 0.38% | 0.38% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.49% | 0.35% | 0.35% |
 2303United Microelectronics Corp | 0.64% | 0.35% | 0.35% |
 AUAnglogold Ashanti PLC COM SHS | 0.52% | 0.33% | 0.33% |
 W8VBank of China Ltd | 0.49% | 0.32% | 0.32% |
 3037Unimicron Technology Corp | 0.52% | 0.30% | 0.30% |
 ARAMCSARSaudi Arabian Oil Co | 0.29% | 0.30% | 0.29% |
 RJHISARAl Rajhi Bank | 0.23% | 0.36% | 0.23% |
 2891CTBC Financial Holding Co Ltd | 0.39% | 0.22% | 0.22% |
 OTPOTP Bank Nyrt | 0.24% | 0.21% | 0.21% |
 2360Chroma ATE Inc | 0.81% | 0.21% | 0.21% |
 MMMahindra & Mahindra Ltd | 0.23% | 0.20% | 0.20% |
 2383Elite Material Co Ltd | 0.20% | 0.34% | 0.20% |
 PC6PetroChina Co Ltd | 0.30% | 0.20% | 0.20% |
Showing the top 250 of 1920 shared holdings by overlap weight.
Frequently Asked Questions
How much do AVEM and IEMG overlap?
AVEM and IEMG overlap by 52.4% of portfolio weight. They share 1920 holdings (AVEM holds 3893 positions and IEMG holds 2697), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and IEMG?
The two portfolios are 52.4% 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 IEMG?
The largest positions held by both funds are 000660, TSMWF, 700, 2454 and 2308. Together the top 10 shared positions account for 31% of the total overlap.
What does AVEM own that IEMG doesn't?
1973 positions (24.0% of AVEM) are unique to AVEM, led by TSM, SMSNRUB and BABA. In the other direction, 777 positions (23.3% of IEMG) are unique to IEMG.