AVEM — Avantis Emerging Markets Equity ETF

AVEM Price Performance — Growth of $10,000

Value of a $10,000 investment in AVEM over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

AVEM Drawdown

The "underwater" chart: AVEM's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Avantis Emerging Markets Equity ETF (AVEM) is an Emerging Markets fund issued by Avantis Investors that currently manages $26.2 billion in assets. Trading at a price of $90.96, the fund holds an overall rank of #65 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 73.7 out of 100. Investors in this fund face an expense ratio of 0.33% while receiving a dividend yield of 1.82%. The substantial asset under management of $26.2 billion suggests significant investor adoption relative to the 10 other ETFs tracked within the Emerging Markets category. This combination of a mid-tier overall rank and a solid B grade indicates a fund that is well-established but faces competition within its specific sector. The price point and asset size reflect a mature vehicle that has attracted capital despite the high volatility inherent to its asset class.

Over the most recent trading day, the fund declined by 0.69% before recovering to a weekly gain of 0.63%. A sharper decline occurred over the one-month period with a return of -3.95%, yet the fund posted a positive three-month return of +1.85%. Momentum accelerated significantly over the six-month horizon, delivering a return of +12.05%, which contributed to a year-to-date gain of +16.06%. The one-year return reached +32.10%, while the three-year return extended to +73.13%, demonstrating a strong long-term upward trajectory. This pattern shows a divergence where short-term fluctuations were negative or modest, but longer-term horizons captured substantial growth. The data indicates that while recent monthly performance was volatile, the fund has delivered robust cumulative returns over the past year and three years.

The fund carries a High volatility label and a beta of 1.03, indicating that its price movements tend to be slightly more pronounced than the broader market. A Sharpe ratio of 1.16 suggests that the fund has generated a favorable amount of excess return relative to the risk taken over the measured period. However, the maximum drawdown of -18.02% highlights the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a high volatility label implies that the fund will likely experience larger swings in both directions compared to a lower-beta alternative. The high Sharpe ratio alongside the -18.02% drawdown suggests that while the fund has managed to generate strong returns, it has done so while enduring periods of substantial price contraction. Investors should anticipate a profile where high potential rewards are paired with the risk of deep, albeit temporary, declines in value.

AI-generated summary based on the data on this page.

AVEM Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 24.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how AVEM's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With AVEM

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with AVEM's top 10 — DFEM overlaps most, holding 7 of the same companies as AVEM's top 10 (22.4% of AVEM's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 120.53 (as of 2026-07-17) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

AVEM Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 2.63% and average daily volume is 1.9M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $26.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: AVEM is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

AVEM Performance History

How AVEM Compares to Other Emerging Markets ETFs