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

Avantis Investors manages the Avantis Emerging Markets Equity ETF, a fund with $28.3 billion in assets under management. It holds a B grade and ranks 4th among 10 peers in the Emerging Markets category, placing it 139th across all tracked ETFs. The 0.33% expense ratio exceeds the category median of 0.29%, while the 1.35% dividend yield trails the median of 2.49%. The fund’s top ten holdings represent 29.8% of assets, with SK hynix Inc serving as the largest single position at 7.8%.

The fund’s price of $87.50 sits at 50.7% of its 52-week range, reflecting a recent one-day gain of 0.30% after a one-week decline of 1.56%. Short-term momentum has slowed, with one-month and three-month returns of -7.20% and -1.61% respectively, contrasting with a stronger one-year return of 18.07%. This annual performance outpaces the category median of 16.16%, supported by a three-year total return of 86.17%. The ETFValuer grade of B has remained unchanged over the last 35 tracked days, based on 3.0 years of available price history.

With a beta of 1.02, the fund moves slightly more than the broader market, accompanied by high annualized volatility of 24.53%. A Sharpe ratio of 0.53 indicates modest risk-adjusted returns relative to the maximum drawdown of -18.02%. Liquidity is supported by an average daily volume of 1,723,207 shares, facilitating standard trading activity. These metrics collectively describe a fund that has experienced significant price swings and moderate efficiency in generating returns per unit of risk taken.

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

AVEM Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 29.8% 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 — IEMG overlaps most, holding 8 of the same companies as AVEM's top 10 (29.0% 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 121.40 (as of 2026-10-16) — 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: Average daily volume is 1.7M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $28.3B 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