AVEM vs MCHI: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
iShares · 580 holdings · $6.3B · as of 2026-05-31
How similar are AVEM and MCHI?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; iShares MSCI China ETF (MCHI, by iShares) holds 580. They have 134 holdings in common, and by portfolio weight the two funds are 14.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 134AVEM holds 3893 · MCHI holds 580
- Weight in Shared Holdings
- AVEM 15%·MCHI 62%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
3759 of 3893 positions (85.1% of the fund) are not held by MCHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | MCHI |
|---|---|---|
| Information Technology | 33.8% | 7.8% |
| Consumer Discretionary | 5.1% | 21.1% |
| Communication Services | 3.1% | 17.2% |
| Financials | 10.7% | 14.8% |
| Materials | 3.7% | 1.8% |
| Other Sectors | 7.0% | 8.3% |
| Unclassified | 36.5% | 28.5% |
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, 29% of MCHI).
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% |
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
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 MCHI →
Shared Holdings(134)
The top 10 shared positions account for 39% of the overlap, led by 700, C6T and PDD.
 700Tencent Holdings Ltd. | 1.51% | 13.21% | 1.51% |
|---|---|---|---|
 C6TChina Construction Bank Corp | 0.88% | 3.97% | 0.88% |
 PDDPDD Holdings Inc. SPONSORED ADS | 0.70% | 2.28% | 0.70% |
 W8VBank of China Ltd | 0.49% | 1.80% | 0.49% |
 2318RUBPing An Insurance Group Co of China Ltd | 0.49% | 1.96% | 0.49% |
 ICKIndustrial & Commercial Bank of China Ltd | 0.45% | 2.10% | 0.45% |
 CHLChina Life Insurance Co Ltd | 0.35% | 1.05% | 0.35% |
 992Lenovo Group Ltd | 0.31% | 0.94% | 0.31% |
 PC6PetroChina Co Ltd | 0.30% | 1.12% | 0.30% |
 FJZZijin Mining Group Co Ltd | 0.27% | 0.97% | 0.27% |
 175Geely Automobile Holdings Ltd | 0.26% | 0.60% | 0.26% |
 1378China Hongqiao Group Ltd | 0.26% | 0.39% | 0.26% |
 M4BChina Merchants Bank Co Ltd | 0.25% | 0.90% | 0.25% |
 1024Kuaishou Technology | 0.25% | 0.57% | 0.25% |
 PJCPICC Property & Casualty Co Ltd | 0.20% | 0.49% | 0.20% |
 1093CSPC Pharmaceutical Group Ltd | 0.20% | 0.29% | 0.20% |
 9992Pop Mart International Group Ltd | 0.20% | 0.45% | 0.20% |
 IKFChina Shenhua Energy Co Ltd | 0.19% | 0.74% | 0.19% |
 1109China Resources Land Ltd | 0.17% | 0.55% | 0.17% |
 2020ANTA Sports Products Ltd | 0.17% | 0.47% | 0.17% |
 CHUChina Petroleum & Chemical Corp | 0.16% | 0.48% | 0.16% |
 2331Li Ning Co Ltd | 0.15% | 0.21% | 0.15% |
 VIPSVipshop Holdings Ltd | 0.15% | 0.17% | 0.15% |
 1211RUBBYD Co Ltd | 0.15% | 1.63% | 0.15% |
 836China Resources Power Holdings Co Ltd | 0.14% | 0.22% | 0.14% |
Frequently Asked Questions
How much do AVEM and MCHI overlap?
AVEM and MCHI overlap by 14.8% of portfolio weight. They share 134 holdings (AVEM holds 3893 positions and MCHI holds 580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and MCHI?
The two portfolios are 14.8% 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 MCHI?
The largest positions held by both funds are 700, C6T, PDD, W8V and 2318RUB. Together the top 10 shared positions account for 39% of the total overlap.
What does AVEM own that MCHI doesn't?
3759 positions (85.1% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 446 positions (37.8% of MCHI) are unique to MCHI.