AVEM vs MXI: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
Holdings snapshots are 61 days apart (AVEM: 2026-05-31, MXI: 2026-03-31). 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 MXI?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; iShares Global Materials ETF (MXI, by iShares) holds 101. They have 5 holdings in common, and by portfolio weight the two funds are 1.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5AVEM holds 3893 · MXI holds 101
- Weight in Shared Holdings
- AVEM 1%·MXI 4%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
3888 of 3893 positions (99.0% of the fund) are not held by MXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | MXI |
|---|---|---|
| Materials | 3.7% | 99.5% |
| Information Technology | 33.8% | 0.0% |
| Financials | 10.7% | 0.0% |
| Consumer Discretionary | 5.1% | 0.0% |
| Communication Services | 3.1% | 0.0% |
| Other Sectors | 7.0% | 0.1% |
| Unclassified | 36.5% | 0.0% |
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, 0% of MXI).
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% |
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
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 MXI →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by VALE, GMEXICOB and GGB.
Frequently Asked Questions
How much do AVEM and MXI overlap?
AVEM and MXI overlap by 1.0% of portfolio weight. They share 5 holdings (AVEM holds 3893 positions and MXI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and MXI?
The two portfolios are 1.0% 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 MXI?
The largest positions held by both funds are VALE, GMEXICOB, GGB, SQM and SCCO. Together the top 5 shared positions account for 100% of the total overlap.
What does AVEM own that MXI doesn't?
3888 positions (99.0% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 96 positions (95.6% of MXI) are unique to MXI.