AVEM vs ONEQ: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
How similar are AVEM and ONEQ?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022. They have 18 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18AVEM holds 3893 · ONEQ holds 1022
- Weight in Shared Holdings
- AVEM 2%·ONEQ 0%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
3875 of 3893 positions (98.2% of the fund) are not held by ONEQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | ONEQ |
|---|---|---|
| Information Technology | 33.8% | 53.0% |
| Communication Services | 3.1% | 15.2% |
| Consumer Discretionary | 5.1% | 12.5% |
| Financials | 10.7% | 2.8% |
| Consumer Staples | 0.8% | 4.4% |
| Other Sectors | 9.9% | 10.0% |
| Unclassified | 36.5% | 1.6% |
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, 2% of ONEQ).
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% |
| ONEQ | +3.3% | +15.4% | +26.6% | +25.1% | +13.6% | +18.8% | 0.51% |
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 ONEQ →
Shared Holdings(18)
The top 10 shared positions account for 88% of the overlap, led by PDD, JD and TCOM.
 PDDPDD Holdings Inc. SPONSORED ADS | 0.70% | 0.12% | 0.12% |
|---|---|---|---|
 JDJD.com, Inc., ADR | 0.08% | 0.03% | 0.03% |
 TCOMTrip.com Group Ltd., ADR | 0.04% | 0.03% | 0.03% |
 NTESNetEase Inc | 0.49% | 0.02% | 0.02% |
 BIDUBaidu, Inc., ADR | 0.02% | 0.04% | 0.02% |
 XPXP, Inc., Class A | 0.10% | 0.02% | 0.02% |
 HTHTH World Group Ltd., ADR | 0.08% | 0.01% | 0.01% |
 ONCBeOne Medicines Ltd. | 0.01% | 0.02% | 0.01% |
 ATATAtour Lifestyle Holdings Ltd | 0.01% | 0.01% | 0.01% |
 LILi Auto Inc | 0.12% | 0.01% | 0.01% |
 STNEStoneco Ltd COM USD0.000079365 CL A | 0.03% | 0.01% | 0.01% |
 JOYYJOYY Inc., ADR | 0.01% | 0.01% | 0.01% |
| Aura Minerals Inc | 0.01% | 0.02% | 0.01% |
 INTRINTER and CO INC-CL A | 0.02% | 0.01% | 0.01% |
 BZKanzhun Ltd | 0.01% | 0.01% | 0.01% |
 QFINQfin Holdings Inc | 0.07% | 0.01% | 0.01% |
 SGMLSigma Lithium Corp | 0.00% | 0.01% | 0.00% |
 BILIBilibili Inc | 0.00% | 0.01% | 0.00% |
Frequently Asked Questions
How much do AVEM and ONEQ overlap?
AVEM and ONEQ overlap by 0.3% of portfolio weight. They share 18 holdings (AVEM holds 3893 positions and ONEQ holds 1022), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and ONEQ?
The two portfolios are 0.3% 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 ONEQ?
The largest positions held by both funds are PDD, JD, TCOM, NTES and BIDU. Together the top 10 shared positions account for 88% of the total overlap.
What does AVEM own that ONEQ doesn't?
3875 positions (98.2% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 1004 positions (99.1% of ONEQ) are unique to ONEQ.